Belgium Current Account to GDP  1980-2017 | Data | Chart | Calendar

Belgium recorded a Current Account deficit of 0.40 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Belgium averaged 1.72 percent from 1980 until 2016, reaching an all time high of 5.50 percent in 1997 and a record low of -4 percent in 1981.

Belgium Current Account to GDP
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Belgium Trade Last Previous Highest Lowest Unit
Balance of Trade 3901.40 -488.30 3901.40 -1026.60 EUR Million [+]
Exports 32940.30 29797.50 36453.70 7331.30 EUR Million [+]
Imports 29038.90 30285.80 34391.90 6975.70 EUR Million [+]
Current Account -897.00 -2466.00 6029.00 -3864.00 EUR Million [+]
Current Account to GDP -0.40 0.40 5.50 -4.00 percent [+]
Terms of Trade 105.89 100.42 106.90 94.70 Index Points [+]
Capital Flows -3832.00 854.00 6223.00 -13716.00 EUR Million [+]
Remittances 1389.00 1541.00 1646.00 935.00 EUR Million [+]
Gold Reserves 227.40 227.40 258.09 227.40 Tonnes [+]
Terrorism Index 1.25 1.98 2.34 0.41 [+]
Weapons Sales 13.00 11.00 243.00 1.00 USD Million [+]
Foreign Direct Investment -3074.00 36297.00 36297.00 -11660.00 EUR Million [+]
External Debt 1162794.00 1120441.00 1264535.00 923263.00 EUR Million [+]

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



Belgium Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Belgium Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-0.40 0.40 5.50 -4.00 1980 - 2016 percent Yearly




current account to GDP by Country
Country Last
Switzerland 11.00 Dec/16
Netherlands 8.40 Dec/16
Germany 8.30 Dec/16
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.30 Dec/16
Italy 2.60 Dec/16
Spain 2.20 Dec/16
China 1.80 Dec/16
Russia 1.80 Dec/16
India -0.70 Dec/16
France -0.90 Dec/16
Brazil -1.30 Dec/16
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/16
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16