Annual growth of exports of goods and services in Belgium
Belgium: Annual growth of exports of goods and services was -1.7% in 2024. ◆ Volatile
Annual growth of exports of goods and services in Belgium, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of exports of goods and services in Belgium stood at -1.7%.
That represents a change of up 76.2% on the previous year and down 132.0% over ten years.
Over the whole period, annual growth of exports of goods and services in Belgium peaked at 14.7% in 2021 and was at its lowest, -11.3%, in 2009.
That places Belgium 142nd out of 176 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Belgium, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 12.4% | — |
| 2001 | 0.4% | -96.9% |
| 2002 | 3.5% | +807.9% |
| 2003 | 1.6% | -53.0% |
| 2004 | 6.2% | +282.1% |
| 2005 | 5.5% | -11.0% |
| 2006 | 5.7% | +3.4% |
| 2007 | 5.4% | -4.6% |
| 2008 | 1.8% | -66.7% |
| 2009 | -11.3% | -724.9% |
| 2010 | 10.4% | -192.2% |
| 2011 | 4.8% | -53.8% |
| 2012 | -0.7% | -113.9% |
| 2013 | 0.3% | -141.8% |
| 2014 | 5.3% | +1800.0% |
| 2015 | 3.7% | -31.0% |
| 2016 | 6.1% | +67.3% |
| 2017 | 5.5% | -10.1% |
| 2018 | 1.5% | -72.1% |
| 2019 | 2.9% | +90.9% |
| 2020 | -6.0% | -302.7% |
| 2021 | 14.7% | -345.8% |
| 2022 | 3.0% | -79.2% |
| 2023 | -7.2% | -334.4% |
| 2024 | -1.7% | -76.2% |
Belgium compared with similar countries
- Belgium's -1.7% is below the median for high income countries, which is 2.2%. (62 countries reporting)
- Belgium's -1.7% is below the median for Europe & Central Asia, which is 0.8%. (50 countries reporting)
Biggest year-on-year movements
Years where Annual growth of exports of goods and services in Belgium changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +1800.0% | 0.3% | 5.3% |
| 2002 | +807.9% | 0.4% | 3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.1% | -11.3% | 12.4% | 10 |
| 2010s | 4.0% | -0.7% | 10.4% | 10 |
| 2020s | 0.6% | -7.2% | 14.7% | 5 |
Countries ranked near Belgium
More economy & growth data for Belgium
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -19.31 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0266 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -1,617 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -28.79 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 30.39 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0397 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -2,411 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 33.22 % change on previous year (2025)
Frequently asked questions
- What is annual growth of exports of goods and services in Belgium?
- Annual growth of exports of goods and services in Belgium was -1.7% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of exports of goods and services recorded in Belgium?
- The highest recorded value was 14.7% in 2021.
- What is the lowest annual growth of exports of goods and services recorded in Belgium?
- The lowest recorded value was -11.3% in 2009.
- How does Belgium rank for annual growth of exports of goods and services?
- Belgium ranks 142nd out of 176 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Belgium?
- Over the last ten years it is down 132.0%. The long-run trend across the full record is volatile.
- Where does this Belgium data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of exports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of exports of goods and services (%).