Current account balance as a proportion of GDP in Belgium
Belgium: Current account balance as a proportion of GDP was -0.4% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Belgium, 2002–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for current account balance as a proportion of gdp in Belgium is -0.4%, measured in 2024.
Compared with earlier readings it is down 307.8% on the previous year and down 150.4% over ten years.
Over the whole period, current account balance as a proportion of gdp in Belgium peaked at 4.5% in 2002 and was at its lowest, -1.9%, in 2011.
Belgium ranks 88th of 204 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Belgium, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 4.5% | — |
| 2003 | 3.4% | -24.5% |
| 2004 | 3.1% | -8.8% |
| 2005 | 2.0% | -35.5% |
| 2006 | 1.9% | -7.3% |
| 2007 | 1.5% | -19.2% |
| 2008 | -0.8% | -155.6% |
| 2009 | 1.8% | -317.7% |
| 2010 | 1.5% | -15.8% |
| 2011 | -1.9% | -226.6% |
| 2012 | -0.1% | -95.7% |
| 2013 | 1.0% | -1267.8% |
| 2014 | 0.8% | -22.5% |
| 2015 | 1.4% | +83.7% |
| 2016 | 0.6% | -59.6% |
| 2017 | 0.7% | +25.9% |
| 2018 | -0.9% | -224.5% |
| 2019 | 0.1% | -114.1% |
| 2020 | 0.9% | +634.3% |
| 2021 | 1.9% | +106.7% |
| 2022 | -1.8% | -197.5% |
| 2023 | 0.2% | -110.0% |
| 2024 | -0.4% | -307.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.2% | -0.8% | 4.5% | 8 |
| 2010s | 0.3% | -1.9% | 1.5% | 10 |
| 2020s | 0.2% | -1.8% | 1.9% | 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)
- Gross capital formation (current US$), annual growth rate 13.37 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2575 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 15,641 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 8.6 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.2279 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 13,842 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 0.26 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1743 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Belgium?
- Current account balance as a proportion of gdp in Belgium was -0.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Belgium?
- The highest recorded value was 4.5% in 2002.
- What is the lowest current account balance as a proportion of gdp recorded in Belgium?
- The lowest recorded value was -1.9% in 2011.
- How does Belgium rank for current account balance as a proportion of gdp?
- Belgium ranks 88th out of 204 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Belgium?
- Over the last ten years it is down 150.4%. The long-run trend across the full record is volatile.
- Where does this Belgium data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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