Belgium GDP Growth Rate 1980-2018 | Data | Chart | Calendar | Forecast

Belgium’s gross domestic product expanded by 0.4 percent on quarter in the first three months of 2018, slightly below a 0.5 percent growth in the previous period and missing market expectations of 0.5 percent, the flash estimate showed. Compared to the same quarter in 2017, the economy advanced 1.6 percent, after a 1.9 percent growth in the last quarter of 2017. For full 2017, the economy expanded 1.7 percent, unrevised from the preliminary estimate and following a 1.4 percent growth in 2016. GDP Growth Rate in Belgium averaged 0.54 percent from 1980 until 2018, reaching an all time high of 15.80 percent in the first quarter of 1995 and a record low of -2.10 percent in the fourth quarter of 2008.

Belgium GDP Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-01-29 02:00 PM GDP Growth Rate QoQ Adv 0.5% 0.2% 0.5% 0.5%
2018-02-28 02:00 PM GDP Growth Rate QoQ Final 0.5% 0.2% 0.5% 0.5%
2018-04-27 01:00 PM GDP Growth Rate QoQ Adv 0.4% 0.5% 0.5% 0.4%
2018-05-30 01:00 PM GDP Growth Rate QoQ Final 0.5%
2018-07-30 01:00 PM GDP Growth Rate QoQ Adv 0.4% 0.40%
2018-08-31 01:00 PM GDP Growth Rate QoQ Final


Belgium GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.40 0.50 15.80 -2.10 percent [+]
GDP Annual Growth Rate 1.60 1.90 19.40 -3.80 percent [+]
GDP 466.37 454.99 531.75 11.66 USD Billion [+]
GDP Constant Prices 106507.00 106043.00 106507.00 71016.00 EUR Million [+]
Gross National Product 110214.50 110067.70 110279.30 21890.00 EUR Million [+]
Gross Fixed Capital Formation 25096.00 25050.00 25096.00 6663.00 EUR Million [+]
GDP per capita 45308.24 45067.83 45308.24 13170.56 USD [+]
GDP per capita PPP 41945.69 41723.12 41945.69 30701.20 USD [+]
GDP From Agriculture 456.00 638.00 783.00 456.00 EUR Million [+]
GDP From Construction 5156.00 4587.00 5650.00 2771.00 EUR Million [+]
GDP From Manufacturing 15746.00 15175.00 15779.00 10362.00 EUR Million [+]
GDP From Public Administration 15038.00 13412.00 15038.00 10374.00 EUR Million [+]
GDP From Services 18786.00 18051.00 19120.00 14307.00 EUR Million [+]


Belgium GDP Growth Rate

On the expenditure side, household consumption is the main component of GDP and accounts for 52 percent of its total use, followed by government expenditure (25 percent) and gross fixed capital formation (23 percent). Exports of goods and services account for 84 percent of GDP while imports account for 83 percent, adding 1 percent of total GDP. This page provides - Belgium GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.50 15.80 -2.10 1980 - 2018 percent Quarterly
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GDP growth rate by Country
Country Last
United States 2.30 Mar/18
India 1.80 Dec/17
Turkey 1.80 Dec/17
China 1.40 Mar/18
Mexico 1.10 Mar/18
South Korea 1.10 Mar/18
Netherlands 0.80 Dec/17
Spain 0.70 Mar/18
Germany 0.60 Dec/17
Switzerland 0.60 Dec/17
Australia 0.40 Dec/17
Canada 0.40 Dec/17
Euro Area 0.40 Mar/18
Japan 0.40 Dec/17
France 0.30 Mar/18
Italy 0.30 Mar/18
Brazil 0.10 Dec/17
United Kingdom 0.10 Mar/18
Russia -0.38 Dec/17
Indonesia -1.70 Dec/17


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