Belgium’s central geographic location and highly developed transport network have helped develop a well-diversified economy, with a broad mix of transport, services, manufacturing, and high tech. Service and high-tech industries are concentrated in the northern Flanders region while the southern region of Wallonia is home to industries like coal and steel manufacturing. Belgium is completely reliant on foreign sources of fossil fuels, and the planned closure of its seven nuclear plants by 2025 should increase its dependence on foreign energy. Its role as a regional logistical...
GDP | Reference | Last | Previous | Units | Frequency |
---|---|---|---|---|---|
Private Consumption | 2020 Q3 | 59,837 | 51,309 | Mil. EUR, CDASA | Quarterly |
Real Private Consumption | 2020 Q3 | 55,531 | 47,687 | Mil. Ch. 2015 EUR, CDASA | Quarterly |
Real Government Consumption | 2020 Q3 | 25,676 | 23,698 | Mil. Ch. 2015 EUR, CDASA | Quarterly |
Government Consumption | 2020 Q3 | 28,131 | 25,819 | Mil. EUR, CDASA | Quarterly |
Nominal Gross Domestic Product | 2020 Q3 | 114,831 | 102,338 | Mil. EUR, CDASA | Quarterly |
Real Fixed Investment (gross fixed capital formation) | 2020 Q3 | 23,685 | 21,394 | Mil. Ch. 2015 EUR, CDASA | Quarterly |
Real Gross Domestic Product | 2020 Q3 | 106,220 | 95,315 | Mil. Ch. 2015 EUR, CDASA | Quarterly |
Nominal Fixed Investment (gross fixed capital formation) | 2020 Q3 | 25,296 | 22,814 | Mil. EUR, CDASA | Quarterly |
Investment | 2020 Q3 | 25,328 | 22,873 | Mil. EUR, CDASA | Quarterly |
Real Investment | 2017 | 98,611,538,900 | 97,561,948,900 | NCU | Annual |
Price | Reference | Last | Previous | Units | Frequency |
Consumer Price Index (CPI) | Dec 2020 | 109.49 | 109.46 | Index 2013=100, NSA | Monthly |
Producer Price Index (PPI) | Nov 2020 | 114.6 | 114.3 | Index 2010=100, NSA | Monthly |
Labor | Reference | Last | Previous | Units | Frequency |
Unemployment | Nov 2020 | 486,846 | 490,795 | #, NSA | Monthly |
Unemployment Rate | Nov 2020 | 6 | 6.3 | %, NSA | Monthly |
Primary Industries Employment | 2020 Q3 | 59.9 | 60.1 | Ths. #, CDASA | Quarterly |
Total Employment | 2020 Q3 | 4,886 | 4,874 | Ths. #, CDASA | Quarterly |
Labor Force Employment | 2020 Q3 | 4,886 | 4,874 | Ths. #, CDASA | Quarterly |
Wage & Salaries | 2020 Q3 | 58,444 | 54,177 | Mil. EUR, CDASA | Quarterly |
Tertiary Industries Employment | 2020 Q3 | 3,974 | 3,960 | Ths. #, CDASA | Quarterly |
Labor Force | 2019 | 5,450 | 5,395 | Thousands, NSA | Annual |
Agriculture Employment | 2017 | 63,644 | 62,609 | # | Annual |
Secondary Industries Employment | 2017 | 554,078 | 551,125 | # | Annual |
Trade | Reference | Last | Previous | Units | Frequency |
Exports of Goods | Nov 2020 | 31,748 | 33,455 | Mil. EUR, NSA | Monthly |
Imports of Goods | Nov 2020 | 29,772 | 29,390 | Mil. EUR, NSA | Monthly |
Balance of Goods | Nov 2020 | 1,975 | 4,065 | Mil. EUR, NSA | Monthly |
Exports of Goods and Services | 2020 Q3 | 91,850 | 80,139 | Mil. EUR, CDASA | Quarterly |
Real Exports of Goods and Services | 2020 Q3 | 89,113 | 78,657 | Mil. Ch. 2015 EUR, CDASA | Quarterly |
Net Exports | 2020 Q3 | 1,348 | 1,968 | Mil. EUR, CDASA | Quarterly |
Imports of Goods and Services | 2020 Q3 | 90,503 | 78,171 | Mil. EUR, CDASA | Quarterly |
Real Imports of Goods and Services | 2020 Q3 | 88,450 | 77,383 | Mil. Ch. 2015 EUR, CDASA | Quarterly |
Current Account Balance | Sep 2020 | -328 | -1,949 | Mil. EUR, NSA | Monthly |
Government | Reference | Last | Previous | Units | Frequency |
Outstanding Public Debt | 2020 Q3 | 425,047 | 438,488 | Mil. EUR, NSA | Quarterly |
Gross External Debt | 2020 Q2 | 0 | 0 | USD, NSA | Quarterly |
Government Revenues | 2019 | 238,598 | 236,500 | Mil. EUR | Annual |
Government Budget Balance | 2019 | 93.8 | 6,117 | Mil. EUR | Annual |
Government Expenditures | 2019 | 247,877 | 240,154 | Mil. EUR | Annual |
Markets | Reference | Last | Previous | Units | Frequency |
Average Long-term Government Bond | 22 Jan 2021 | -0.13 | -0.14 | %, NSA | Business Daily |
Stock Market Index | 21 Jan 2021 | 3,771 | 3,746 | Index, NSA | Business Daily |
Treasury Bills (over 31 days) | 08 Jan 2021 | -0.65 | -0.66 | %, NSA | Business Daily |
Lending Rate | Nov 2020 | 1.99 | 1.98 | % p.a., NSA | Monthly |
Money Market Rate | Jan 1999 | 3.13 | 3.32 | % p.a., NSA | Monthly |
Real Estate | Reference | Last | Previous | Units | Frequency |
Residential Building Permits | Sep 2020 | 2,330 | 2,434 | #, NSA | Monthly |
Non-residential Building Permits | Sep 2020 | 634 | 483 | #, NSA | Monthly |
House Price Index for Existing Homes | 2020 Q3 | 119.58 | 116.5 | Index 2015=100, NSA | Quarterly |
House Price Index for New Homes | 2020 Q3 | 119.05 | 118.26 | Index 2015=100, NSA | Quarterly |
Building Permits | 2019 | 36,431,877 | 38,099,165 | Square metres | Annual |
House Price Index | 2018 | 5,082 | 4,885 | Index 1953=100 | Annual |
House Price Value | 2018 Q2 | 3,765,660,706 | 3,760,987,975 | EUR, NSA | Quarterly |
Residential Housing Starts | Dec 2015 | 1,596 | 1,794 | #, NSA | Monthly |
Non-residential Housing Starts | Dec 2015 | 3 | 4 | #, NSA | Monthly |
Consumer | Reference | Last | Previous | Units | Frequency |
Consumer Confidence | Jan 2021 | -60 | -62 | Balance of Opinion, SA | Monthly |
Retail Sales | Nov 2020 | 91.83 | 116.8 | Index 2015=100, NSA | Monthly |
Real Retail Sales | Nov 2020 | 86.95 | 110.14 | Vol. Index 2015=100, NSA | Monthly |
Business | Reference | Last | Previous | Units | Frequency |
Business Confidence | Dec 2020 | -8.4 | -12.1 | Balance of Opinion, SA | Monthly |
Change in Inventories | 2020 Q3 | 220 | 428 | Mil. EUR, CDASA | Quarterly |
Industrial Production | Dec 2017 | 110.7 | 114.7 | Index 2010=100, SA | Monthly |
Real Change in Inventories | 1970 | 1,693,134,800 | NCU | Annual | |
Demographics | Reference | Last | Previous | Units | Frequency |
Population | 2019 | 11,493 | 11,431 | Ths. # | Annual |
Births | 2018 | 117,800 | 119,102 | # | Annual |
Deaths | 2018 | 110,645 | 109,629 | # | Annual |
Net Migration | 2017 | 240,000 | # | Annual | |
Birth Rate | 2015 | 10.8 | # per Ths. pop. | Annual | |
Death Rate | 2014 | 9.3 | # per Ths. pop. | Annual |