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

Belgium’s economy expanded 0.4 percent on quarter in the three months to June of 2018, following a 0.3 percent growth in the previous period and above the preliminary estimate of 0.3 percent. Growth advanced faster for fixed investment (0.9 percent from 0.4 percent in Q1) and output rebounded for household consumption (0.4 percent from -0.2 percent). Also, net external demand contributed positively to GDP growth (0.3 percentage points), as exports increased 0.7 percent (from 0.1 percent) and imports rose 0.4 percent (from -0.2 percent). Compared to the same quarter of 2017, gross domestic product rose 1.4 percent, also above the flash reading of 1.3 percent and after a 1.5 percent gain in the first quarter. Still, it was the weakest growth since the last quarter of 2016. 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
2018-05-30	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%	0.3%	0.4%	0.4%
2018-08-31	01:00 PM	GDP Growth Rate QoQ Final	0.4%	0.3%	0.3%	0.3%
2018-10-29	02:00 PM	GDP Growth Rate QoQ Adv				0.50%
2018-11-30	02:00 PM	GDP Growth Rate QoQ Final

Belgium GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	0.40	0.30	15.80	-2.10	percent	[+]
GDP Annual Growth Rate	1.40	1.50	19.40	-3.80	percent	[+]
GDP	492.68	467.55	530.77	11.66	USD Billion	[+]
GDP Constant Prices	107213.00	106782.00	107213.00	71527.00	EUR Million	[+]
Gross National Product	110889.40	110214.50	110889.40	21890.00	EUR Million	[+]
Gross Fixed Capital Formation	25349.00	25125.00	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	764.00	541.00	868.00	451.00	EUR Million	[+]
GDP From Construction	5276.00	4819.00	5276.00	2728.00	EUR Million	[+]
GDP From Manufacturing	15563.00	15477.00	15808.00	10483.00	EUR Million	[+]
GDP From Public Administration	14516.00	13966.00	14943.00	10529.00	EUR Million	[+]
GDP From Services	18712.00	18060.00	19447.00	14566.00	EUR Million	[+]

Belgium GDP Growth Rate

In Belgium, 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 September of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	0.40	0.30	15.80	-2.10	1980 - 2018	percent	Quarterly	SA

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GDP growth rate by Country

Country	Last		Previous	Highest	Lowest
Indonesia	4.21	Jun/18	-0.41	4.21	-3.57	%	Quarterly
United States	4.20	Jun/18	2.2	16.7	-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
Australia	0.90	Jun/18	1.1	4.4	-2	%	Quarterly
Turkey	0.90	Jun/18	1.5	5.6	-5.2	%	Quarterly
Russia	0.85	Mar/18	-0.33	4.1	-5.4	%	Quarterly
Netherlands	0.80	Jun/18	0.6	1.7	-3.6	%	Quarterly
Canada	0.70	Jun/18	0.4	3.1	-2.3	%	Quarterly
Japan	0.70	Jun/18	-0.2	3.2	-4.9	%	Quarterly
Switzerland	0.70	Jun/18	1	2.4	-1.9	%	Quarterly
Singapore	0.60	Jun/18	2.2	36.6	-13.5	%	Quarterly
South Korea	0.60	Jun/18	1	7.8	-7	%	Quarterly
Spain	0.60	Jun/18	0.7	1.6	-1.6	%	Quarterly
Germany	0.50	Jun/18	0.4	4	-4.5	%	Quarterly
Euro Area	0.40	Jun/18	0.4	1.3	-3	%	Quarterly
United Kingdom	0.40	Jun/18	0.2	5	-2.7	%	Quarterly
Brazil	0.20	Jun/18	0.1	3.9	-3.9	%	Quarterly
France	0.20	Jun/18	0.2	8	-5.3	%	Quarterly
Italy	0.20	Jun/18	0.3	6	-2.8	%	Quarterly
Saudi Arabia	-0.05	Mar/18	0.05	8.5	-2.1	%	Quarterly
Mexico	-0.20	Jun/18	1	3.2	-5.7	%	Quarterly
South Africa	-0.70	Jun/18	-2.6	7.6	-6.1	%	Quarterly
Argentina	-4.00	Jun/18	0.7	5	-5.7	%	Quarterly