Belgium GDP Growth Rate 1980-2018 | Data | Chart | Calendar | Forecast

Belgium’s economy advanced 0.3 percent on quarter in the first three months of 2018, easing from a 0.5 percent growth in the previous period and below the preliminary estimate of a 0.4 percent increase. Growth slowed for fixed investment (0.7 percent from 0.8 percent in Q4) and government spending (0.1 percent from 0.3 percent). On the other hand, household consumption advanced 0.5 percent, after stalling in the previous period. Also, net external demand contributed positively to GDP growth (0.2 percentage points), as exports increased 0.7 percent (vs 2.8 percent) while imports rose at a softer 0.5 percent (vs 2.7 percent). Compared to a year earlier, the economy expanded by 1.5 percent, also below a flash reading of 1.6 percent and after a 1.9 percent increase in the last quarter of 2017. GDP Growth Rate in Belgium averaged 0.54 percent from 1980 until 2018, reaching an all time high of 15.80 percent in the first quarter of 1995 and a record low of -2.10 percent in the fourth quarter of 2008.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-02-28	02:00 PM	GDP Growth Rate QoQ Final	0.5%	0.2%	0.5%	0.5%
2018-04-27	01:00 PM	GDP Growth Rate QoQ Adv	0.4%	0.5%	0.4%	0.4%
2018-05-30	01:00 PM	GDP Growth Rate QoQ Final	0.3%	0.5%	0.4%	0.4%
2018-07-30	01:00 PM	GDP Growth Rate QoQ Adv		0.3%		0.40%
2018-08-31	01:00 PM	GDP Growth Rate QoQ Final		0.3%
2018-10-29	02:00 PM	GDP Growth Rate QoQ Adv				0.40%

Belgium GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	0.30	0.50	15.80	-2.10	percent	[+]
GDP Annual Growth Rate	1.50	1.90	19.40	-3.80	percent	[+]
GDP	492.68	467.55	530.77	11.66	USD Billion	[+]
GDP Constant Prices	106816.00	106472.00	106816.00	71527.00	EUR Million	[+]
Gross National Product	110889.40	110214.50	110889.40	21890.00	EUR Million	[+]
Gross Fixed Capital Formation	25199.00	25032.00	26005.00	6663.00	EUR Million	[+]
GDP per capita	46078.93	45457.90	46078.93	13193.31	USD	[+]
GDP per capita PPP	42658.58	42083.64	42658.58	30647.82	USD	[+]
GDP From Agriculture	540.00	475.00	868.00	451.00	EUR Million	[+]
GDP From Construction	4821.00	5276.00	5276.00	2728.00	EUR Million	[+]
GDP From Manufacturing	15481.00	15808.00	15808.00	10483.00	EUR Million	[+]
GDP From Public Administration	14012.00	14943.00	14943.00	10529.00	EUR Million	[+]
GDP From Services	18051.00	18579.00	19447.00	14566.00	EUR Million	[+]

Belgium GDP Growth Rate

On the expenditure side, household consumption is the main component of GDP and accounts for 52 percent of its total use, followed by government expenditure (25 percent) and gross fixed capital formation (23 percent). Exports of goods and services account for 84 percent of GDP while imports account for 83 percent, adding 1 percent of total GDP. This page provides - Belgium GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on July of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	0.30	0.50	15.80	-2.10	1980 - 2018	percent	Quarterly	SA

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GDP growth rate by Country

Country	Last		Previous	Highest	Lowest
Turkey	2.00	Mar/18	1.7	5.6	-5.2	%	Quarterly
United States	2.00	Mar/18	2.9	16.9	-10	%	Quarterly
India	1.90	Mar/18	1.8	5.4	-1.7	%	Quarterly
China	1.80	Jun/18	1.4	2.4	1.3	%	Quarterly
Mexico	1.10	Mar/18	0.9	3.2	-5.7	%	Quarterly
Australia	1.00	Mar/18	0.5	4.4	-2	%	Quarterly
South Korea	1.00	Mar/18	-0.2	7.8	-7	%	Quarterly
Russia	0.85	Mar/18	-0.33	4.1	-5.4	%	Quarterly
Spain	0.70	Mar/18	0.7	1.6	-1.6	%	Quarterly
Netherlands	0.60	Mar/18	0.9	1.7	-3.2	%	Quarterly
Switzerland	0.60	Mar/18	0.6	2.3	-1.6	%	Quarterly
Brazil	0.40	Mar/18	0.2	3.6	-4.1	%	Quarterly
Euro Area	0.40	Mar/18	0.7	1.3	-2.9	%	Quarterly
Canada	0.30	Mar/18	0.4	3.1	-2.3	%	Quarterly
Germany	0.30	Mar/18	0.6	4	-4.5	%	Quarterly
Italy	0.30	Mar/18	0.4	6	-2.8	%	Quarterly
France	0.20	Mar/18	0.7	7.7	-5	%	Quarterly
United Kingdom	0.20	Mar/18	0.4	5	-2.7	%	Quarterly
Japan	-0.20	Mar/18	0.3	3.2	-4.9	%	Quarterly
Indonesia	-0.42	Mar/18	-1.7	4.01	-3.57	%	Quarterly