Belgium GDP Growth Rate

The Gross Domestic Product (GDP) in Belgium expanded 0.50 percent in the fourth quarter of 2013 over the previous quarter. GDP Growth Rate in Belgium is reported by the National Bank of Belgium. GDP Growth Rate in Belgium averaged 0.54 Percent from 1980 until 2013, reaching an all time high of 15.80 Percent in the first quarter of 1995 and a record low of -2.20 Percent in the fourth quarter of 2008. Belgium is among the most highly industrialized countries in Europe. Poor in natural resources, it imports raw materials in great quantity and processes them largely for export. Exports equal around two thirds of GDP, and about three-quarters of Belgium's foreign trade is with other European Union countries. This page provides - Belgium GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
0.50 0.30 15.80 -2.20 0.50 | 2014/03 1980 - 2013 Percent Quarterly

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Belgium GDP Growth Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-10-30 02:00 PM Belgium
GDP Growth Rate QoQ
Q3 2013 (P) 0.3% 0.2% 0.3% -0.39%
2013-12-06 02:00 PM Belgium
GDP Growth Rate QoQ
Q3 2013 (F) 0.3% 0.2% -0.39%
2014-01-29 02:00 PM Belgium
GDP Growth Rate QoQ Adv
Q4 2013 0.4% 0.3% 0.3% 0.22%
2014-03-04 02:15 PM Belgium
GDP Growth Rate QoQ Final
Q4 2013 0.5% 0.3% 0.4% 0.22%
2014-04-30 02:00 PM Belgium
GDP Growth Rate QoQ Adv
Q1 2014 0.5% 0.5%
2014-06-04 02:00 PM Belgium
GDP Growth Rate QoQ Final
Q1 2014 0.5% 0.5%
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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 94557.49 2014-06-30 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 36210.85 2014-06-30 USD [+]
GDP per capita PPP 32648.63 2012-12-31 33020.44 33593.77 20735.64 32367.56 2014-06-30 USD [+]
GDP 483.70 2012-12-31 513.90 513.90 11.70 462.03 2014-06-30 USD Billion [+]
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GDP Growth Rate | Notes
The GDP Growth Rate shows a percentage change in the seasonally adjusted GDP value in the certain quarter, compared to the previous quarter. Because of climatic conditions and holidays, the intensity of the production varies throughout the year. This makes a direct comparison of two consecutive quarters difficult. In order to adjust for these conditions, many countries calculate the quarterly GDP using so called seasonally adjusted method. The Gross Domestic Product can be determined using three different approaches: the product, the income, and the expenditure technique, which should give the same result. In sum, the product technique sums the outputs of every class of enterprise. The expenditure technique works on the principle that every product must be bought by somebody, therefore the value of the total product must be equal to people's total expenditures in buying products and services. The income technique works on the principle that the incomes of the productive factors must be equal to the value of their product, and determines GDP by finding the sum of all producers' incomes.


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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.
Belgium Employed Persons at 3875.20 Thousand  
The number of employed persons in Belgium increased to 3875.20 Thousand in the fourth quarter of 2013 from 3873.80 Thousand in the third quarter of 2013. Employed Persons in Belgium is reported by the National Bank of Belgium.
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