Current account balance as a share of GDP in Belgium
Belgium: Current account balance as a share of GDP was -0.4% in 2024. ◆ Volatile
Current account balance as a share of GDP in Belgium, 2002–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for current account balance as a share of gdp in Belgium is -0.4%, measured in 2024.
The figure is down 311.1% on the previous year and down 150.7% over ten years.
Over the whole period, current account balance as a share of gdp in Belgium peaked at 4.5% in 2002 and was at its lowest, -1.9%, in 2011.
Belgium ranks 85th of 193 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 share of GDP in Belgium, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 4.5% | — |
| 2003 | 3.4% | -24.4% |
| 2004 | 3.1% | -8.8% |
| 2005 | 2.0% | -35.5% |
| 2006 | 1.9% | -7.5% |
| 2007 | 1.5% | -18.9% |
| 2008 | -0.8% | -155.3% |
| 2009 | 1.8% | -318.1% |
| 2010 | 1.5% | -16.0% |
| 2011 | -1.9% | -227.0% |
| 2012 | -0.1% | -95.9% |
| 2013 | 1.0% | -1312.5% |
| 2014 | 0.8% | -22.7% |
| 2015 | 1.4% | +84.0% |
| 2016 | 0.6% | -59.4% |
| 2017 | 0.7% | +25.0% |
| 2018 | -0.9% | -224.3% |
| 2019 | 0.1% | -113.8% |
| 2020 | 0.9% | +650.0% |
| 2021 | 1.9% | +107.8% |
| 2022 | -1.8% | -197.3% |
| 2023 | 0.2% | -109.9% |
| 2024 | -0.4% | -311.1% |
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 | 0.1% | -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)
- Services, value added (constant LCU), per capita 31,687 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 2.56 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 8.13 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9057 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 55,021 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 3.57 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8015 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 48,692 current LCU per person (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Belgium?
- Current account balance as a share of gdp in Belgium was -0.4% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Belgium?
- The highest recorded value was 4.5% in 2002.
- What is the lowest current account balance as a share of gdp recorded in Belgium?
- The lowest recorded value was -1.9% in 2011.
- How does Belgium rank for current account balance as a share of gdp?
- Belgium ranks 85th out of 193 countries with data for 2024.
- Is current account balance as a share of gdp rising or falling in Belgium?
- Over the last ten years it is down 150.7%. The long-run trend across the full record is volatile.
- Where does this Belgium data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).