Belgium GDP Growth Rate  1980-2016 | Data | Chart | Calendar | Forecast

The Belgian economy advanced 0.3 percent on quarter in the three months to December of 2015, accelerating from a 0.2 percent expansion in the previous period but below market expectations of 0.4 percent growth, according to preliminary estimates. Year-on-year, the economy expanded 1.1 percent, bringing the full 2015 growth to 1.4 percent, higher than 1.3 percent in 2014. GDP Growth Rate in Belgium averaged 0.55 percent from 1980 until 2015, 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. GDP Growth Rate in Belgium is reported by the National Bank of Belgium.

Belgium GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.20 15.80 -2.10 1980 - 2015 percent Quarterly
SA, WDA
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 February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-10-30 02:00 PM Q3 0.2% 0.5% 0.3% 0.3%
2015-11-30 02:00 PM Q3 0.2% 0.5% 0.2%
2016-01-29 02:00 PM Q4 0.3% 0.2% 0.4% 0.2%
2016-02-29 02:00 PM Q4 0.2% 0.3% 0.3%
2016-04-29 01:00 PM Q1 0.40%
2016-05-31 01:00 PM Q1

Belgium GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.30 0.20 15.80 -2.10 percent [+]
GDP Annual Growth Rate 1.30 1.30 19.40 -3.80 percent [+]
GDP 531.54 521.40 531.54 11.66 USD Billion [+]
GDP Constant Prices 101010.00 100791.00 101010.00 70691.00 EUR Million [+]
Gross National Product 104526.00 102254.00 104526.00 21890.00 EUR Million [+]
Gross Fixed Capital Formation 23004.00 22930.00 25471.00 6663.00 EUR Million [+]
GDP per capita 37857.25 37599.74 38557.27 11170.19 USD [+]
GDP per capita PPP 40884.87 40606.76 41640.87 30798.35 USD [+]
GDP From Agriculture 697.00 703.00 810.00 621.00 EUR Million [+]
GDP From Construction 4743.00 5395.00 5589.00 2776.00 EUR Million [+]
GDP From Manufacturing 14593.00 15123.00 15287.00 10614.00 EUR Million [+]
GDP From Public Administration 12564.00 13516.00 14121.00 10449.00 EUR Million [+]
GDP From Services 17186.00 17731.00 18858.00 14114.00 EUR Million [+]




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