Belgium Current Account to GDP 1980-2014 | Data | Chart | Calendar

Belgium recorded a Current Account deficit of 1.60 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Belgium averaged 1.80 Percent from 1980 until 2013, reaching an all time high of 5.50 Percent in 1997 and a record low of -4 Percent in 1981. Current Account to GDP in Belgium is reported by the Eurostat.

   
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Belgium Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-1.60 -1.90 5.50 -4.00 1980 - 2013 percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Belgium Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Belgium Current Account to GDP - was last refreshed on Monday, November 24, 2014.

Belgium Trade Last Previous Highest Lowest Unit
Balance of Trade 1398.90 -94.10 2748.10 -1026.60 EUR Million [+]
Exports 30078.70 25865.70 32744.90 7331.30 EUR Million [+]
Imports 28679.80 25959.80 31559.90 6975.70 EUR Million [+]
Current Account 1926.00 1562.00 8787.00 -8022.00 EUR Million [+]
Current Account to GDP -1.60 -1.90 5.50 -4.00 percent [+]
Terms of Trade 97.00 98.80 106.90 94.10 Index Points [+]
Remittances 24.00 26.00 40.00 2.00 EUR Million [+]
Capital Flows 1723.00 -270.00 5616.00 -13716.00 EUR Million [+]
Gold Reserves 227.43 227.43 258.09 227.43 Tonnes [+]
External Debt 993725.00 964099.00 1262174.00 892627.00 EUR Million [+]