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Located in the heart of Western Europe, Belgium enjoys a key position in the European and international economy. As one of the six founding states of the European Union and home to many international organisations, Belgium has always been a prosperous marketplace with one of the highest productivity levels in the EU. Belgium is the 10th largest exporting country in the world, according to the latest WTO data, and its exports amount to 84 percent of national GDP. In 2014, after two years of virtual stagnation, Belgium’s GDP showed modest growth. The slowdown in production was attributable mainly to its timid growth in exports, which were hard hit by low economic growth among Belgium’s major trading partners. In addition to the external demand, the main uses of GDP last year were: private final consumption expenditure from households and NPISHs (52 percent); government final consumption expenditure (25 percent); and gross fixed capital formation (23 percent). This page provides - Belgium GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Belgium GDP Annual Growth Rate - was last refreshed on Friday, October 9, 2015.