Belgium GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Belgium expanded 1.60 percent in the third quarter of 2018 over the same quarter of the previous year. GDP Annual Growth Rate in Belgium averaged 2.23 percent from 1981 until 2018, reaching an all time high of 19.40 percent in the first quarter of 1995 and a record low of -3.80 percent in the second quarter of 2009.

GDP Annual Growth Rate in Belgium is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Belgium to stand at 1.60 in 12 months time. In the long-term, the Belgium GDP Annual Growth Rate is projected to trend around 1.60 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2018-07-30	01:00 PM	GDP Growth Rate YoY Adv	1.3%	1.5%	1.7%
2018-08-31	01:00 PM	GDP Growth Rate YoY Final	1.4%	1.5%	1.3%
2018-10-29	02:00 PM	GDP Growth Rate YoY Adv	1.7%	1.4%	1.8%
2018-11-30	02:00 PM	GDP Growth Rate YoY Final	1.6%	1.4%	1.7%
2019-01-30	02:00 PM	GDP Growth Rate YoY Adv			1.50%
2019-02-28	02:00 PM	GDP Growth Rate YoY Final			1.50%
2019-04-26	01:00 PM	GDP Growth Rate YoY Adv			1.70%

Belgium GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	0.30	0.30	15.80	-2.10	percent	[+]
GDP Annual Growth Rate	1.60	1.40	19.40	-3.80	percent	[+]
GDP	492.68	467.55	530.77	11.66	USD Billion	[+]
GDP Constant Prices	109678.00	107213.00	109678.00	71527.00	EUR Million	[+]
Gross National Product	112667.50	110889.40	112667.50	21890.00	EUR Million	[+]
Gross Fixed Capital Formation	25526.00	25349.00	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	816.00	764.00	868.00	451.00	EUR Million	[+]
GDP From Construction	4593.00	5276.00	5276.00	2728.00	EUR Million	[+]
GDP From Manufacturing	15597.00	15563.00	15808.00	10483.00	EUR Million	[+]
GDP From Public Administration	13329.00	14516.00	14943.00	10529.00	EUR Million	[+]
GDP From Services	18392.00	18712.00	19447.00	14566.00	EUR Million	[+]

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. This page provides - Belgium GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	1.60	1.40	19.40	-3.80	1981 - 2018	percent	Quarterly	SA, WDA

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Country	Last		Previous	Range
India	7.10	Sep/18	8.2	11.4 : -5.2	%
China	6.50	Sep/18	6.7	15.4 : 3.8	%
Indonesia	5.17	Sep/18	5.27	7.16 : 1.56	%
United States	3.00	Sep/18	2.9	13.4 : -3.9	%
Australia	2.80	Sep/18	3.1	9 : -3.4	%
Mexico	2.50	Sep/18	2.6	9 : -9.1	%
Spain	2.50	Sep/18	2.5	5.6 : -4.3	%
Netherlands	2.40	Sep/18	3.1	6.1 : -4.6	%
Switzerland	2.40	Sep/18	3.5	5.8 : -3.7	%
Singapore	2.20	Sep/18	4.1	19 : -8.8	%
South Korea	2.00	Sep/18	2.8	20.8 : -7.3	%
Canada	1.90	Jun/18	2.3	9.3 : -4.1	%
Saudi Arabia	1.61	Jun/18	1.15	24.2 : -20.7	%
Euro Area	1.60	Sep/18	2.2	5 : -5.5	%
Turkey	1.60	Sep/18	5.3	11.7 : -14.4	%
Russia	1.50	Sep/18	1.9	12.1 : -11.2	%
United Kingdom	1.50	Sep/18	1.2	9.7 : -6.1	%
France	1.40	Sep/18	1.6	12.6 : -3.8	%
Brazil	1.30	Sep/18	0.9	10.1 : -5.5	%
Germany	1.10	Sep/18	2	7.2 : -6.8	%
South Africa	1.10	Sep/18	0.4	7.1 : -2.6	%
Italy	0.70	Sep/18	1.2	10.3 : -7.2	%
Japan	0.00	Sep/18	1.4	9.4 : -8.8	%
Argentina	-4.20	Jun/18	3.9	16.2 : -16.3	%