Belgium Economy

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Belgium's economy has largely prospered due to its central geographic location, developed transport network, and diversified industrial and commercial base. Except for coal, which is not economical to exploit, Belgium has essentially no natural resources, however, most traditional industrial sectors are still represented. Despite this heavy industrial component, services make up 74.9% of the GDP which is at $469 billion according to 2010 estimates.

Major Belgium Indicators

Period Value % Chg Prev
Central Banks (View all 1)
Belgium Balance With Eurosystem/Target Aug 2019 -43.54B EUR
Components of GDP (View all 1)
Belgium General Government Final Consumption Expenditure (NSA) 2017 23.28% of GDP -0.53%
Belgium Household Final Consumption Expenditure (DISCONTINUED) (NSA) 2016 51.19% of GDP 0.11%
Belgium Net Trade in Goods and Services (NSA) 2017 4.953B USD -3.54%
Belgium Trade (NSA) 2017 170.4% of GDP 3.83%
Consumer Prices (View all 1)
Belgium Consumer Price Index Sep 2019 107.70 -0.59%
Belgium Inflation Rate Sep 2019 0.60% -33.33%
Employment (View all 1)
Belgium Unemployment Rate Aug 2019 5.50% 0.00%
Belgium Youth Unemployment Rate Jun 2019 14.10% 0.00%
Energy (View all 1)
Belgium Petroleum Products Demand Jul 2019 2.43M mt 5.61%
GDP (View all 1)
Belgium Real GDP Growth (SCA) Q2 2019 1.40% -6.67%
Governance and Policy (View all 1)
Belgium Profit Tax (NSA) 2018 10.90% 5.83%
Government Assets and Liabilities (View all 1)
Belgium General Government Gross Debt Outlook (NSA) 2024 95.10% of GDP -1.45%
Government Receipts and Outlays (View all 1)
Belgium Expenses (NSA) 2017 176.64B EUR 0.86%
Belgium General Government Final Consumption Expenditure (NSA) 2017 23.28% of GDP -0.53%
Belgium Military Expenditure (NSA) 2017 3.965B EUR 1.64%
Belgium Profit Tax (NSA) 2018 10.90% 5.83%
Belgium Tax Revenue (NSA) 2017 103.92B EUR 6.09%
House Prices (View all 1)
Belgium House Price Index Q1 2019 158.02 0.63%
Infrastructure (View all 1)
Belgium Secure Internet Servers (NSA) 2018 13948.89 /mil ppl 68.15%
Interest Rates (View all 1)
Belgium Long Term Interest Rate Sep 2019 -0.24%
International Transactions (View all 1)
Belgium Net Trade in Goods and Services (NSA) 2017 4.953B USD -3.54%
Military (View all 3)
Belgium Military Expenditure (NSA) 2017 3.965B EUR 1.64%
Monetary (View all 1)
Belgium TARGET Transactions Value Aug 2019 1.896T EUR -15.42%
Population (View all 1)
Belgium Population Density (NSA) 2017 375.90 Ppl/kmĀ² 0.45%
Belgium Population Outlook (NSA) 2024 11.76M 0.52%
Producer Prices (View all 3)
Belgium Manufacturing Producer Price Index (NSA) Jan 2018 110.60 0.73%
Sentiment Surveys (View all 1)
Belgium Consumer Confidence Indicator Sep 2019 -13.70
Belgium Economic Sentiment Indicator Sep 2019 94.70 -1.35%
View and sort all 877 Belgium Indicators
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