Belgium vs Latin America & Caribbean (excluding high income): Trade in services
Trade in services over time
- Belgium
- Latin America & Caribbean (excluding high income)
How they compare
Belgium currently reports 46.2% against 7.9% in Latin America & Caribbean (excluding high income), a difference of 38.3%.
That makes Belgium's figure about 5.9 times Latin America & Caribbean (excluding high income)'s.
Across all 24 years both countries report, Belgium has been ahead every year.
Belgium ranks 40th and Latin America & Caribbean (excluding high income) ranks 43rd of 200 countries.
Belgium has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Belgium | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 30.7% | 5.8% | 24.9% | Belgium |
| 2010s | 43.6% | 6.5% | 37.1% | Belgium |
| 2020s | 46.3% | 7.3% | 39.0% | Belgium |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher trade in services, Belgium or Latin America & Caribbean (excluding high income)?
- Belgium, at 46.2% against 7.9% in Latin America & Caribbean (excluding high income) as of 2025.
- What is the difference in trade in services between Belgium and Latin America & Caribbean (excluding high income)?
- 38.3%, with Belgium ahead.
- How many years of comparable data are there for Belgium and Latin America & Caribbean (excluding high income)?
- 24 years are reported by both, from 2002 to 2025.
- How do Belgium and Latin America & Caribbean (excluding high income) rank globally for trade in services?
- Belgium ranks 40th and Latin America & Caribbean (excluding high income) ranks 43rd of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Trade in services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.