Belgium’s economy grew by 0.8% year-on-year in the first quarter of 2026, marking the weakest annual expansion since first quarter of 2021 and easing slightly from the revised 0.9% growth recorded in the previous quarter. source: National Bank of Belgium

The Gross Domestic Product (GDP) in Belgium expanded 0.80 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Belgium averaged 2.20 percent from 1981 until 2026, reaching an all time high of 19.40 percent in the first quarter of 1995 and a record low of -13.30 percent in the second quarter of 2020. This page provides - Belgium GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

The Gross Domestic Product (GDP) in Belgium expanded 0.80 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Belgium is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium GDP Annual Growth Rate is projected to trend around 0.90 percent in 2027 and 1.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-29 09:00 AM
YoY Adv
Q1 0.8% 0.9% 1%
2026-05-29 09:00 AM
YoY Final
Q1 0.8% 0.9% 0.8%
2026-07-29 09:00 AM
YoY Adv
Q2 0.8% 0.7%


Related Last Previous Unit Reference
Full Year GDP Growth 1.00 1.10 percent Dec 2025
GDP Growth Rate YoY 0.80 0.90 percent Mar 2026
GDP Constant Prices 133483.70 133158.10 EUR Million Mar 2026
GDP from Agriculture 807.70 596.00 EUR Million Mar 2026
GDP from Construction 5919.80 7097.20 EUR Million Mar 2026
GDP from Manufacturing 17647.00 17813.60 EUR Million Mar 2026
GDP from Public Administration 16513.00 17553.00 EUR Million Mar 2026
GDP from Services 21267.70 22784.20 EUR Million Mar 2026
GDP Growth Rate 0.20 0.10 percent Mar 2026
Gross Fixed Capital Formation 31931.60 31838.60 EUR Million Mar 2026
Gross National Product 173069.90 156577.40 EUR Million Dec 2025


Belgium GDP Annual 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.
Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.90 19.40 -13.30 1981 - 2026 percent Quarterly
SA, WDA