Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0
Latest: Japan 01:30 BoJ Board Member Suzuki Speaks Forecast: 0
Latest: United States 13:00 Jackson Hole Symposium Forecast: 0

Economy of Belgium. Statistics, Data and Indicators

flag
Belgium
88AA Credit rank #23
164.00 Quality of life #20
18 Corruption rank#17
46 Ease of doing business#45
Belgium


Belgium Major Economic Indicators

Indicator Data Period
GDP Value 600 USD Billion 2021
GDP Annual Growth Rate 4.9 % 1Q/22
GDP Growth Rate 0.5 % 1Q/22
GDP per capita 42787 USD 2021
Inflation Rate YoY 9.65 % Jun/22
Interest Rate 0 % Jun/22
Unemployment Rate 5.5 % May/22
Wages 3489 EUR/ Month | 3849.76 USD/Month 2016
Balance of Trade -2797 EUR Million | -2.847 B USD Apr/22
Current Account -762 EUR Million | -0.776 B USD 1Q/22
Foreign Exchange Reserves 38480 EUR Million | 39.173 B USD May/22
Government Debt 624295 EUR Million | 635.544 B USD 1Q/22


GDP Indicators

Indicator Data Period
GDP Value 600 USD Billion 2021
GDP Annual Growth Rate 4.9 % 1Q/22
GDP Growth Rate 0.5 % 1Q/22
GDP per capita 42787 USD 2021
Gross National Product 139386 EUR Million | 141.898 USD Billion 1Q/22
GDP Constant Prices 114330 EUR Million | 116.39 B USD 1Q/22
GDP per capita PPP 48210 USD 2020
GDP From Agriculture  532 EUR Million | 0.542 B USD 1Q/22
GDP From Construction  5076 EUR Million | 5.167 B USD 1Q/22
GDP From Manufacturing  17481 EUR Million | 17.796 B USD 1Q/22
GDP From Public Administration  13852 EUR Million | 14.102 B USD 1Q/22
GDP From Services  17951 EUR Million | 18.274 B USD 1Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 108 % 2021
Government Budget Value -42318 EUR Million | -43.081 USD Billion 2020
Government Spending 26889 EUR Million | 27.374 USD Billion 1Q/22
Government Debt 624295 EUR Million | 635.544 USD Billion 1Q/22
Government Revenues 228251 EUR Million | 232.364 USD Billion 2020
Fiscal Expenditure  270569 EUR Million | 275.444 B USD 2020
Government Budget to GDP -5.5 % 2021
Government Spending to GDP 60 % 2020
Military Expenditure 5330 USD Million | 5.33 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 122 index points Jun/22
Export Prices 173 index points Mar/22
Food Inflation 8.6 % Jun/22
Gasoline Prices 2.26 USD/Liter Jun/22
GDP Deflator 120 index points 1Q/22
Import Prices 178 index points Mar/22
Inflation Rate YoY 9.65 % Jun/22
Producer Prices 176 index points May/22
Inflation Rate Mom 0.85 % Jun/22
Core Consumer Prices 113 Index Points Jun/22
Core Inflation Rate 3.7 % Jun/22
CPI Housing Utilities 137 Index Points Jun/22
CPI Transportation 127 Index Points Jun/22
Harmonised Consumer Prices 123 Index Points Jun/22
Producer Prices Change  40.5 % May/22


Trade Indicators

Indicator Data Period
Current Account to GDP -0.2 % 2020
Weapons Sales 53 USD Million 2020
Balance of Trade -2797 EUR Million | -2.847 USD Billion Apr/22
Capital Flows -2768 EUR Million | -2.818 USD Billion 1Q/22
Current Account -762 EUR Million | -0.776 USD Billion 1Q/22
Exports 45368 EUR Million | 46.185 USD Billion Apr/22
External Debt 1336472 EUR Million | 1360.554 USD Billion 1Q/22
Foreign Exchange Reserves 38480 EUR Million | 39.173 USD Billion May/22
Imports 48165 EUR Million | 49.033 USD Billion Apr/22
Terms of Trade  97.24 Index Points Mar/22


Money Indicators

Indicator Data Period
Bank Lending Rate 1.49 % Apr/22
Gold Reserves 227 Tonnes 1Q/22
Interbank Rate -0.24 % Jun/22
Interest Rate 0 % Jun/22
Loans to Private Sector 311516 EUR Million | 364.11 USD Billion Sep/16
Money Supply M0 54938 EUR Million | 55.928 USD Billion May/22
Money Supply M1 311900 EUR Million | 317.52 USD Billion May/22
Money Supply M2 651700 EUR Million | 663.443 USD Billion May/22
Money Supply M3 687600 EUR Million | 699.99 USD Billion May/22
Central Bank Balance Sheet 375939 EUR Million | 382.713 B USD May/22
Foreign Direct Investment 14105 EUR Million | 14.359 B USD 4Q/21


Labor Indicators

Indicator Data Period
Minimum Wages 1658 EUR/Month | 1687.875 USD/Month 1Q/22
Retirement Age Men 65 2020
Retirement Age Women 65 2020
Unemployment Rate 5.5 % May/22
Wages 3489 EUR/ Month | 3849.76 USD/Month 2016
Youth Unemployment Rate 13.5 % Mar/22
Employed Persons 4270 Thousand Person | 4.27 Million Person 1Q/22
Employment Change  0.62 % 1Q/22
Employment Rate  66.2 % 4Q/21
Full Time Employment 3696 Thousand Person 4Q/21
Job Vacancies 205877 | 205.877 K 1Q/22
Labor Force Participation Rate 70.3 % 4Q/21
Living Wage Family 1580 EUR/Month | 1782.089 USD/Month 2018
Living Wage Individual 1090 EUR/Month | 1229.416 USD/Month 2018
Long Term Unemployment Rate 2.4 % 4Q/21
Part Time Employment 1180 Thousand Persons 4Q/21
Unemployed Persons 260991 Persons | 0.261 Million Persons May/22
Wage Growth  3.7 % 4Q/21
Wages High Skilled 3050 EUR/Month | 3440.108 USD/Month 2018
Wages Low Skilled  1890 EUR/Month | 2131.739 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Electricity Production 7483 GWh Mar/22
Industrial Production -0.2 % Apr/22
Mining Production -16.6 % Apr/22
Steel Production 359 Thousand Tonnes Dec/20
Industrial Production (MoM) -0.6 % Apr/22


Business Indicators

Indicator Data Period
Bankruptcies 943 companies May/22
Business Confidence -1.8 index points Jun/22
Corruption Index 73 index points 2021
Corruption Rank 18 place 2021
Ease of Doing Business 46 place 2019
Manufacturing Production -2.9 % Apr/22
Competitiveness Index 76.38 Index Points 2019
Competitiveness Rank 22 2019


Consumer Indicators

Indicator Data Period
Consumer Confidence -11 index points Jun/22
Private Debt To GDP 287 % 2020
Retail Sales MoM 0.1 % May/22
Retail Sales YoY -3 % May/22
Consumer Credit 7081282 EUR Thousand | 7.209 USD Billion May/22
Consumer Spending 58097 EUR Million | 59.144 USD Billion 1Q/22
Disposable Personal Income 113451 EUR Million | 115.495 B USD 1Q/22
Households Debt To GDP 63.3 % 3Q/21
Households Debt To Income 106 % 2020


Housing Market

Indicator Data Period
Construction Output 3.1 % Apr/22