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 2307.70 2014.50 3063.20 -1026.60 EUR Million [+]
Exports 34282.00 29775.00 36076.70 7331.30 EUR Million [+]
Imports 31974.30 27760.50 33013.50 6975.70 EUR Million [+]
Current Account 226.00 274.00 6029.00 -3864.00 EUR Million [+]
Current Account to GDP -0.40 0.40 5.50 -4.00 percent [+]
Terms of Trade 96.77 95.79 106.90 94.70 Index Points [+]
Capital Flows 967.00 61.00 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 [+]
Foreign Direct Investment -3074.00 36297.00 36297.00 -11660.00 EUR Million [+]
External Debt 1120441.00 1115985.00 1264535.00 923263.00 EUR Million [+]
Weapons Sales 13.00 11.00 243.00 1.00 USD Million [+]
Terrorism Index 1.25 1.98 2.34 0.41 [+]

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



Belgium Current Account to GDP Notes

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 July 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

Last
Switzerland 11.50 Dec/15
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