Belgium Current Account  1995-2018 | Data | Chart | Calendar | Forecast

Belgium posted a current account gap of EUR 2388 million in the second quarter of 2018, swinging from an upwardly revised EUR 1134 million surplus in the corresponding period of the previous year. It was the largest deficit since the third quarter of 2016, as the services account shifted to a EUR 985 million shortfall from a EUR 1481 million surplus a year earlier, as imports of maintenance & repair, travel and other business services exceeded exports. Additionally, the primary income also switched to a EUR 529 million gap from a EUR 907 million surplus in Q2 2017 – mainly due to a negative balance of investment income - and the secondary income gap widened to EUR 1911 million from EUR 1735 million. Contrarily, the goods surplus increased sharply to EUR 1036 million from EUR 481 million a year earlier. Current Account in Belgium averaged 1227.26 EUR Million from 1995 until 2018, reaching an all time high of 7732 EUR Million in the second quarter of 2010 and a record low of -6687 EUR Million in the third quarter of 2008.

Belgium Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-03-29 02:00 PM Current Account €-363M €357M €-700M
2018-06-29 02:00 PM Current Account €891M €-363M €91M
2018-09-28 01:55 PM Current Account €-2388M €1231M €-562M
2018-12-31 03:00 PM Current Account €-2388M €451M


Belgium Trade Last Previous Highest Lowest Unit
Balance of Trade 415.50 1497.60 2896.60 -1026.60 EUR Million [+]
Exports 30524.10 33203.20 36463.70 7331.30 EUR Million [+]
Imports 30108.60 31705.60 34377.50 6975.70 EUR Million [+]
Current Account -2388.00 1231.00 7732.00 -6687.00 EUR Million [+]
Current Account to GDP -0.20 0.10 5.50 -4.00 percent [+]
Terms of Trade 99.50 93.93 106.90 93.93 Index Points [+]
Capital Flows -432.00 -402.00 7914.00 -7418.00 EUR Million [+]
Remittances 1657.00 1685.00 1749.00 935.00 EUR Million [+]
Gold Reserves 227.40 227.40 258.09 227.40 Tonnes [+]
Terrorism Index 4.66 1.25 4.66 0.41 [+]
Weapons Sales 12.00 7.00 243.00 1.00 USD Million [+]
Foreign Direct Investment 3119.00 8082.00 35074.00 -13794.00 EUR Million [+]
External Debt 1137378.00 1111447.00 1264535.00 923263.00 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Belgium Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Belgium Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Current Account - actual data, historical chart and calendar of releases - was last updated on October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-2388.00 1231.00 7732.00 -6687.00 1995 - 2018 EUR Million Quarterly
Current Prices, NSA




current account by Country
Country Last
Argentina -8292.00 Jun/18
Australia -13472.00 Jun/18
Brazil -717.20 Aug/18
Canada -15880.00 Jun/18
China 53.29 Jun/18
Euro Area 20.49 Aug/18
France -1609.00 Aug/18
Germany 15300.00 Aug/18
India -15807.13 Jun/18
Indonesia -8028.00 Jun/18
Italy 4994.00 Aug/18
Japan 1838.40 Aug/18
Mexico -3882.10 Jun/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 22832.40 Jun/18
South Africa -163760.00 Jun/18
South Korea 8439.80 Aug/18
Spain 107.00 Jul/18
Switzerland 22143.83 Jun/18
Turkey 2592.00 Aug/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


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