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 89th of 205 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% |
Belgium compared with similar countries
- Belgium's -0.4% is below the median for high income countries, which is 1.6%. (69 countries reporting)
- Belgium's -0.4% is above the median for Europe & Central Asia, which is -0.7%, 54% of the median. (50 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) 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 |
|---|---|---|---|
| 2013 | +1267.8% | -0.1% | 1.0% |
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
- Real gdp growth, annual growth rate -37.51 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 2.78 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0205 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,248 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.12 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.015 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 911.55 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.2 % change on previous year (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 89th out of 205 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.
Download this data
CSV · JSON — 23 observations, free to reuse under UN SDG Global Database (open, attribution requested).