Belgium recorded a Current Account deficit of 1.90 percent of the country's Gross Domestic Product in 2025. Current Account to GDP in Belgium averaged 1.50 percent of GDP from 1980 until 2025, reaching an all time high of 5.50 percent of GDP in 1997 and a record low of -4.00 percent of GDP in 1981. source: EUROSTAT

Current Account to GDP in Belgium is expected to reach -2.40 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Current Account to GDP is projected to trend around -2.40 percent of GDP in 2027 and -2.80 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade 4326.40 3817.60 EUR Million Apr 2026
Capital Flows -5615.00 -4865.00 EUR Million Mar 2026
Current Account -3889.00 -1688.00 EUR Million Dec 2025
Current Account to GDP -1.90 -0.40 percent of GDP Dec 2025
Exports 44693.10 45389.70 EUR Million Apr 2026
Exports by Category
Exports by Country
External Debt 1598583.00 1558633.00 EUR Million Mar 2026
External Debt to GDP 247.00 243.00 percent of GDP Mar 2026
Foreign Direct Investment 11533.00 12450.00 EUR Million Mar 2026
Gold Reserves 227.40 227.40 Tonnes Dec 2025
Imports 40366.70 41572.10 EUR Million Apr 2026
Imports by Category
Imports by Country
Natural Gas Imports 152044.00 157895.70 Terajoule May 2026
Remittances 5202.00 5291.00 EUR Million Mar 2026
Terms of Trade 89.17 91.06 points Apr 2026
Terrorism Index 1.20 1.35 Points Dec 2025
Tourist Arrivals 1395674.00 1199311.00 Mar 2026
Weapons Sales 86.00 69.00 SIPRI TIV Million Dec 2025


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.
Actual Previous Highest Lowest Dates Unit Frequency
-1.90 -0.40 5.50 -4.00 1980 - 2025 percent of GDP Yearly