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Belgium flag Belgium:

Economic indicators of Belgium : Growth

Main Indicators

Main Indicators 20202021 (e)2022 (e)2023 (e)2024 (e)
GDP (billions USD) 521.26599.11589.49596.74619.31
GDP (Constant Prices, Annual % Change) -5.76.22.40.41.4
GDP per Capita (USD) 4551505052
General Government Balance (in % of GDP) -7.5-5.0-4.8-4.6-4.9
General Government Gross Debt (in % of GDP) 112.820108.395103.929105.057107.212
Inflation Rate (%) 0.43.29.54.91.8
Current Account (billions USD) 4.38-2.44-13.03-5.21-0.61
Current Account (in % of GDP) 0.8-0.4-2.2-0.9-0.1

Source: IMF – World Economic Outlook Database - Latest available data.

Note: (e) Estimated Data

 
Socio-Demographic Indicators 2022 (e)2023 (e)2024 (e)
Unemployment Rate (%) 5.45.65.6

Source: IMF – World Economic Outlook Database - Latest available data.

 
 
Monetary Indicators 20162017201820192020
American Dollar (USD) - Average Annual Exchange Rate For 1 EUR 1.061.131.181.121.14

Source: World Bank - Latest available data.

 
 

Main Sectors of Industry

Breakdown of Economic Activity By Sector Agriculture Industry Services
Employment By Sector (in % of Total Employment) 0.9 20.8 78.2
Value Added (in % of GDP) 0.7 19.2 69.6
Value Added (Annual % Change) 9.9 -4.3 -6.5

Source: World Bank - Latest available data.

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Latest Update: November 2022