Belgium’s economy grew by 0.5% year-on-year in the second quarter of 2026, marking the weakest annual expansion since the first quarter of 2021 and slowing slightly from a 0.8% increase recorded in the previous quarter. source: National Bank of Belgium

The Gross Domestic Product (GDP) in Belgium expanded 0.50 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Belgium averaged 2.19 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 September of 2026.

The Gross Domestic Product (GDP) in Belgium expanded 0.50 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Belgium is expected to be 0.60 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
2026-07-29 09:00 AM
YoY Adv
Q2 0.5% 0.8% 0.7%
2026-08-31 09:00 AM
YoY Final
Q2 0.5% 0.8% 0.5%
2026-10-29 10:00 AM
YoY Adv
Q3 0.5% 0.6%


Related Last Previous Unit Reference
Full Year GDP Growth 1.00 1.10 percent Dec 2025
GDP Growth Rate YoY 0.50 0.80 percent Jun 2026
GDP Constant Prices 133496.70 133455.40 EUR Million Jun 2026
GDP from Agriculture 1182.60 816.80 EUR Million Jun 2026
GDP from Construction 6777.00 5918.40 EUR Million Jun 2026
GDP from Manufacturing 17532.10 17656.10 EUR Million Jun 2026
GDP from Public Administration 17224.40 16508.60 EUR Million Jun 2026
GDP from Services 21969.10 21111.40 EUR Million Jun 2026
GDP Growth Rate 0.00 0.20 percent Jun 2026
Gross Fixed Capital Formation 31433.30 31921.30 EUR Million Jun 2026
Gross National Product 161936.10 173069.90 EUR Million Mar 2026


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
0.50 0.80 19.40 -13.30 1981 - 2026 percent Quarterly
SA, WDA