This statistic shows the government debt as share of GDP in Belgium in 2020 and 2021, with a forecast for 2022 to 2027. As of 2021, the gross debt in Belgium was 108.2 percent the size of its GDP.

This statistic shows the share of economic sectors in the gross domestic product (GDP) in Belgium from 2013 to 2023. In 2023, the share of agriculture in Belgium's gross domestic product was 0.77 percent, industry contributed approximately 18.53 percent and the services sector contributed about 71.1 percent.

Economic growth, quarterly in Belgium, September, 2025 The most recent value is 0.3 percent as of Q3 2025, an increase compared to the previous value of 0.2 percent. Historically, the average for Belgium from Q2 1995 to Q3 2025 is 0.45 percent. The minimum of -10.9 percent was recorded in Q2 2020, while the maximum of 11.5 percent was reached in Q3 2020. | TheGlobalEconomy.com

Full Year GDP Growth in Belgium decreased to 1 percent in 2024 from 1.50 percent in 2023. This dataset includes a chart with historical data for Belgium Full Year GDP Growth.

Belgium BE: GDP: Growth data was reported at 1.252 % in 2023. This records a decrease from the previous number of 4.233 % for 2022. Belgium BE: GDP: Growth data is updated yearly, averaging 2.443 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 6.957 % in 1964 and a record low of -4.793 % in 2020. Belgium BE: GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belgium – Table BE.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

The Gross Domestic Product per capita in Belgium was last recorded at 44837.72 US dollars in 2024. The GDP per Capita in Belgium is equivalent to 355 percent of the world's average. This dataset provides the latest reported value for - Belgium GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Brochure Theme: S4 – Statistical data – Economy and finance Under Theme: S400.A2 – The Belgian economy – Annual report Brochure Theme: S4 – Statistical data – Economy and finance

Under Theme: S400.A2 – The Belgian economy – Annual report

The Gross Domestic Product (GDP) of Belgium has increased since 2010, from a GDP of about 363.1 billion euros in 2010 to a GDP of about 552.4 billion euros in 2022. For a more detailed overview of GDP development, here you can find the quarterly GDP figures. Like Belgium's GDP, GDP per capita has constantly increased since 2009, as can be seen in this statistic showing GDP per capita in Belgium in the last ten years.

Belgium: Economic growth: the rate of change of GDP: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for Belgium from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

Globalization translates into important flows of people, merchandise, capital, and information. Public opinion on globalization in Belgium was quite contrasted in 2022. In June and July of 2022, roughly six percent of the respondents in Belgium did not consider globalization to be an opportunity for economic growth at all, and a further 26 percent tended to feel the same way. On the other hand, 12 percent of the respondents considered globalization as an economic opportunity, and approximately 54 percent of respondents shared this sentiment, although to a lesser degree.

The negative aspects of globalization

Globalization has many faces, it touches topics such as politics, the economy, culture, society, and information. This phenomenon is characterized by the openness of a country’s borders, international commerce, delocalization, and free trade. Globalization, as we know it today, is said to have many consequences on our environment and our societies. Indeed, globalization is deemed to play a part in climate change, the depletion of natural resources, and deforestation. Globalization is also pointed out for creating a global culture that alienates local cultures. Finally, this phenomenon is allegedly linked to increasing poverty and economic inequalities. To this day views on the matter can be negative in Belgium, or the Benelux in general.

The positive aspects of globalization

Positive and negative aspects are often two sides of the same coin: although increasing poverty is denounced, it is believed that globalization is linked to the rise of quality of life, especially in well-developed countries. Globalization is said to be providing economic growth and to widen the variety of goods for consumers. It is discussed that globalization favors international competition which encourages innovations and creativity. When it comes to free trade, the Belgian respondent’s views were mostly positive. A survey revealed that nearly 82 percent of the Belgian respondents saw free trade as something fairly positive or very positive. In comparison, only 18 percent of the respondents answered that they think free trade is something fairly negative or very negative.

Latest economic indicators for Belgium including inflation, GDP, unemployment, and more.

Belgium - Direct investment in the reporting economy: Liabilities was -16.90 % of GDP in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Belgium - Direct investment in the reporting economy: Liabilities - last updated from the EUROSTAT on December of 2025. Historically, Belgium - Direct investment in the reporting economy: Liabilities reached a record high of 84.90 % of GDP in December of 2008 and a record low of -30.00 % of GDP in June of 2020.

Belgium BE: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data was reported at 2.046 % in 2023. This records an increase from the previous number of 1.849 % for 2022. Belgium BE: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data is updated yearly, averaging 1.420 % from Dec 1997 (Median) to 2023, with 27 observations. The data reached an all-time high of 2.046 % in 2023 and a record low of 0.854 % in 1999. Belgium BE: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belgium – Table BE.World Bank.WDI: Exports. Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.;World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.;Weighted average;

Belgium: Property rights index (0-100): The latest value from 2025 is 93 points, an increase from 92 points in 2024. In comparison, the world average is 53 points, based on data from 182 countries. Historically, the average for Belgium from 1996 to 2025 is 86 points. The minimum value, 80 points, was reached in 2007 while the maximum of 93 points was recorded in 2022.

In 2022, the gross domestic product (GDP) in Belgium increased in comparison to the previous year by 3.1 percent. In 2021, the GDP of Belgium increased by 6.1 percent when compared to the previous year, likely due to the recovery of the coronavirus (COVID-19) pandemic.

Graph and download economic data for Gross Domestic Product for Belgium (CPMNACSCAB1GQBE) from Q1 1995 to Q2 2025 about Belgium and GDP.

Graph and download economic data for Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Belgium (BELLCEAMN01IXOBQ) from Q1 2000 to Q2 2025 about Belgium, compensation, hours, and manufacturing.

Contains data from the World Bank's data portal covering the following topics which also exist as individual datasets on HDX: Agriculture and Rural Development, Aid Effectiveness, Economy and Growth, Education, Energy and Mining, Environment, Financial Sector, Health, Infrastructure, Social Protection and Labor, Poverty, Private Sector, Public Sector, Science and Technology, Social Development, Urban Development, Gender, Millenium development goals, Climate Change, External Debt, Trade.

Belgium BE: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Europe & Central Asia data was reported at 1.897 % in 2023. This records an increase from the previous number of 1.638 % for 2022. Belgium BE: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Europe & Central Asia data is updated yearly, averaging 1.638 % from Dec 1997 (Median) to 2023, with 27 observations. The data reached an all-time high of 1.922 % in 2017 and a record low of 0.872 % in 2001. Belgium BE: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Europe & Central Asia data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belgium – Table BE.World Bank.WDI: Exports. Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.;World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.;Weighted average;

Belgium - Direct investment in the reporting economy (flows) was -6.20 % of GDP in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Belgium - Direct investment in the reporting economy (flows) - last updated from the EUROSTAT on November of 2025. Historically, Belgium - Direct investment in the reporting economy (flows) reached a record high of 38.70 % of GDP in December of 2008 and a record low of -7.70 % of GDP in December of 2018.