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

Belgium’s gross domestic product expanded by 0.4 percent on quarter in the first three months of 2018, slightly below a 0.5 percent growth in the previous period and missing market expectations of 0.5 percent, the flash estimate showed. Compared to the same quarter in 2017, the economy advanced 1.6 percent, after a 1.9 percent growth in the last quarter of 2017. For full 2017, the economy expanded 1.7 percent, unrevised from the preliminary estimate and following a 1.4 percent growth in 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
2018-01-29	02:00 PM	GDP Growth Rate QoQ Adv	0.5%	0.2%	0.5%	0.5%
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%	0.5%	0.4%
2018-05-30	01:00 PM	GDP Growth Rate QoQ Final		0.5%	0.4%	0.4%
2018-07-30	01:00 PM	GDP Growth Rate QoQ Adv				0.40%
2018-08-31	01:00 PM	GDP Growth Rate QoQ Final

Belgium GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	0.40	0.50	15.80	-2.10	percent	[+]
GDP Annual Growth Rate	1.60	1.90	19.40	-3.80	percent	[+]
GDP	466.37	454.99	531.75	11.66	USD Billion	[+]
GDP Constant Prices	106507.00	106043.00	106507.00	71016.00	EUR Million	[+]
Gross National Product	110214.50	110067.70	110279.30	21890.00	EUR Million	[+]
Gross Fixed Capital Formation	25096.00	25050.00	25096.00	6663.00	EUR Million	[+]
GDP per capita	45308.24	45067.83	45308.24	13170.56	USD	[+]
GDP per capita PPP	41945.69	41723.12	41945.69	30701.20	USD	[+]
GDP From Agriculture	456.00	638.00	783.00	456.00	EUR Million	[+]
GDP From Construction	5156.00	4587.00	5650.00	2771.00	EUR Million	[+]
GDP From Manufacturing	15746.00	15175.00	15779.00	10362.00	EUR Million	[+]
GDP From Public Administration	15038.00	13412.00	15038.00	10374.00	EUR Million	[+]
GDP From Services	18786.00	18051.00	19120.00	14307.00	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 May of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	0.40	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
United States	2.30	Mar/18	2.9	16.9	-10	%	Quarterly
India	1.80	Dec/17	1.8	5.4	-1.7	%	Quarterly
Turkey	1.80	Dec/17	1.3	5.6	-5.2	%	Quarterly
China	1.40	Mar/18	1.6	2.4	1.3	%	Quarterly
Mexico	1.10	Mar/18	0.8	2.9	-5.8	%	Quarterly
South Korea	1.10	Mar/18	-0.2	7.8	-7	%	Quarterly
Spain	0.70	Mar/18	0.7	1.6	-1.6	%	Quarterly
Switzerland	0.60	Dec/17	0.7	2.3	-1.6	%	Quarterly
Netherlands	0.50	Mar/18	0.8	1.7	-3.2	%	Quarterly
Australia	0.40	Dec/17	0.7	4.4	-2	%	Quarterly
Canada	0.40	Dec/17	0.4	3.33	-2.3	%	Quarterly
Euro Area	0.40	Mar/18	0.7	1.3	-2.9	%	Quarterly
France	0.30	Mar/18	0.7	7.7	-5	%	Quarterly
Germany	0.30	Mar/18	0.6	4	-4.5	%	Quarterly
Italy	0.30	Mar/18	0.3	6	-2.8	%	Quarterly
Brazil	0.10	Dec/17	0.2	3.6	-4.1	%	Quarterly
United Kingdom	0.10	Mar/18	0.4	5	-2.7	%	Quarterly
Japan	-0.20	Mar/18	0.1	3.2	-4.9	%	Quarterly
Russia	-0.38	Dec/17	0.04	4.1	-5.4	%	Quarterly
Indonesia	-0.42	Mar/18	-1.7	4.01	-3.57	%	Quarterly