Belgium Current Account to GDP

Belgium recorded a Current Account surplus of 1.50 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Belgium is reported by the Eurostat. From 1980 until 2012, Belgium Current Account to GDP averaged 2.2 Percent reaching an all time high of 5.5 Percent in December of 1997 and a record low of -4.0 Percent in December of 1980. 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. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
1.50 1.00 5.50 -4.00 0.21 | 2013/12 1980 - 2012 Percent Yearly

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Belgium Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Current Account to GDP 1.50 2012-12-31 1.00 5.50 -4.00 0.21 2013-12-31 Percent [+]
Capital Flows 6184.00 2013-12-15 5710.00 7194.00 -13716.00 4103.62 2014-01-31 EUR Million [+]
Gold Reserves 227.43 2013-12-31 227.43 258.09 227.43 Tonnes [+]
Remittances 26.00 2013-11-15 25.00 40.00 2.00 26.27 2014-03-31 EUR Million [+]
Terms of Trade 95.20 2014-01-15 94.20 106.90 93.80 95.31 2014-02-28 Index Points [+]
Balance of Trade 1094.20 2014-02-15 988.50 3101.10 -1026.60 884.05 2014-03-31 EUR Million [+]
Exports 28710.70 2014-02-15 29308.40 32744.90 7331.30 31798.98 2014-03-31 EUR Million [+]
Imports 27616.50 2014-02-15 28319.90 31559.90 6975.70 30326.70 2014-03-31 EUR Million [+]
Current Account -464.00 2013-12-15 -210.00 4051.00 -3298.00 -84.25 2014-01-31 EUR Million [+]
[+]


Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness 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.


RELATED NEWS

Belgium Current Account at -464.00 EUR Million  
Belgium recorded a Current Account deficit of 464 EUR Million in December of 2013. Current Account in Belgium is reported by the National Bank of Belgium.
Belgium Bankruptcies at 1014.00 Companies  
Bankruptcies in Belgium decreased to 1014 Companies in January of 2014 from 1022 Companies in December of 2013. Bankruptcies in Belgium is reported by the BelgoStat.
Belgium Residential Building Permits at 2312.00  
Building Permits in Belgium increased to 2312 in December of 2013 from 1825 in November of 2013. Building Permits in Belgium is reported by the Banque Nationale de Belgique.
Belgium Capital Flows at 6184.00 EUR Million  
Capital Flows in Belgium increased to 6184 EUR Million in December of 2013 from 5710 EUR Million in November of 2013. Capital Flows in Belgium is reported by the National Bank of Belgium.
Belgium Capacity Utilization at 77.30 Percent  
Capacity Utilization in Belgium decreased to 77.30 percent in the fourth quarter of 2013 from 78 percent in the third quarter of 2013. Capacity Utilization in Belgium is reported by the National Bank of Belgium.
Belgium Car Registrations at 39752.00 Cars  
Car Registrations in Belgium increased to 39752 Cars in October of 2013 from 35137 Cars in September of 2013. Car Registrations in Belgium is reported by the BelgoStat.
Belgium Construction Output at 24.20 Percent  
Construction output in Belgium increased 24.20 percent in January of 2014 over the same month in the previous year. Construction Output in Belgium is reported by the Eurostat.
Belgium Consumer Price Index (CPI) at 100.72 Index Points  
Consumer Price Index (CPI) in Belgium increased to 100.72 Index Points in March of 2014 from 100.66 Index Points in February of 2014. Consumer Price Index (CPI) in Belgium is reported by the BelgoStat.
Belgium Consumer Spending at 49288.00 EUR Million  
Consumer Spending in Belgium increased to 49288 EUR Million in the fourth quarter of 2013 from 48973 EUR Million in the third quarter of 2013. Consumer Spending in Belgium is reported by the National Bank of Belgium.
Belgium Disposable Personal Income at 230588.00 EUR Million  
Disposable Personal Income in Belgium increased to 230588 EUR Million in 2012 from 224374 EUR Million in 2011. Disposable Personal Income in Belgium is reported by the National Bank of Belgium.
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