Belgium GDP

The Gross Domestic Product (GDP) in Belgium was worth 483.70 billion US dollars in 2012. The GDP value of Belgium represents 0.78 percent of the world economy. GDP in Belgium is reported by the The World Bank Group. From 1960 until 2012, Belgium GDP averaged 178.5 USD Billion reaching an all time high of 513.9 USD Billion in December of 2011 and a record low of 11.7 USD Billion in December of 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Belgium GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-20

Actual Previous Highest Lowest Forecast Dates Unit Frequency
483.70 513.90 513.90 11.70 473.25 | 2013/12 1960 - 2012 USD Billion Yearly

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Belgium GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP Growth Rate 0.50 2013-12-31 0.30 15.80 -2.20 0.50 2014-03-31 Percent [+]
GDP Annual Growth Rate 1.00 2013-12-31 0.40 19.40 -4.10 1.19 2014-03-31 Percent [+]
GDP Constant Prices 92930.00 2013-11-15 92474.00 92930.00 66913.00 93752.35 2014-03-31 EUR Million [+]
Gross Fixed Capital Formation 18427.00 2013-11-15 18285.00 19984.00 6663.00 18398.91 2014-03-31 EUR Million [+]
Gross National Product 96025.00 2013-11-15 95203.00 96025.00 21890.00 95651.45 2014-03-31 EUR Million [+]
GDP per capita 36525.29 2012-12-31 36941.24 37582.65 11169.91 36391.36 2013-12-31 USD [+]
GDP per capita PPP 32648.63 2012-12-31 33020.44 33593.77 20735.64 32486.25 2013-12-31 USD [+]
GDP 483.70 2012-12-31 513.90 513.90 11.70 473.25 2013-12-31 USD Billion [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Belgium Gold Reserves at 227.43 Tonnes  
Gold Reserves in Belgium remained unchanged at 227.43 Tonnes in the fourth quarter of 2013 from 227.43 Tonnes in the third quarter of 2013. Gold Reserves in Belgium is reported by the World Gold Council.
Belgium Consumer Confidence at -9.00  
Consumer Confidence in Belgium decreased to -9 in April of 2014 from -8 in March of 2014. Consumer Confidence in Belgium is reported by the National Bank of Belgium.
Belgium Exports at 28710.70 EUR Million  
Exports in Belgium decreased to 28710.70 EUR Million in February of 2014 from 29308.40 EUR Million in January of 2014. Exports in Belgium is reported by the National Bank of Belgium.
Belgium Imports at 27616.50 EUR Million  
Imports in Belgium decreased to 27616.50 EUR Million in February of 2014 from 28319.90 EUR Million in January of 2014. Imports in Belgium is reported by the National Bank of Belgium.
Belgium Balance of Trade at 1094.20 EUR Million  
Belgium recorded a trade surplus of 1094.20 EUR Million in February of 2014. Balance of Trade in Belgium is reported by the National Bank of Belgium.
Belgium Terms of Trade at 94.20 Index Points  
Terms of Trade in Belgium decreased to 94.20 Index Points in December of 2013 from 96.90 Index Points in November of 2013. Terms of Trade in Belgium is reported by the BelgoStat.
Belgium Unemployed Persons at 446622.00  
The number of unemployed persons in Belgium decreased to 446622 in February of 2014 from 461785 in January of 2014. Unemployed Persons in Belgium is reported by the BelgoStat.
Belgium Youth Unemployment Rate at 24.10 Percent  
Youth Unemployment Rate in Belgium decreased to 24.10 percent in February of 2014 from 24.20 percent in January of 2014. Youth Unemployment Rate in Belgium is reported by the Eurostat.
Belgium Industrial Production at 3.62 Percent  
Industrial Production in Belgium increased 3.62 percent in January of 2014 over the same month in the previous year. Industrial Production in Belgium is reported by the Statistics Belgium.
Belgium Unemployment Rate at 8.50 Percent  
Unemployment Rate in Belgium remained unchanged at 8.50 percent in February of 2014 from 8.50 percent in January of 2014. Unemployment Rate in Belgium is reported by the National Bank of Belgium.
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