International trade in services in Belgium
Belgium: International trade in services was -867 Euros, exchange rate converted in 2024. ◆ Volatile
International trade in services in Belgium, 2010–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euros, exchange rate converted.
Analysis
In 2024, international trade in services in Belgium stood at -867 Euros, exchange rate converted.
Compared with earlier readings it is down 105.5% on the previous year and down 158.7% over ten years.
Over the whole period, international trade in services in Belgium peaked at 5,192 Euros, exchange rate converted in 2017 and was at its lowest, -1,050 Euros, exchange rate converted, in 2022.
Belgium ranks 16th of 21 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2,863 Euros, exchange rate converted | 1,476 Euros, exchange rate converted | 5,192 Euros, exchange rate converted | 10 |
| 2020s | -523.6 Euros, exchange rate converted | -1,050 Euros, exchange rate converted | 497 Euros, exchange rate converted | 5 |
Countries ranked near Belgium
- 13 Sweden 1,064 Euros, exchange rate converted compare
- 14 Bulgaria 912.4 Euros, exchange rate converted compare
- 15 Austria -695 Euros, exchange rate converted compare
- 17 Denmark -5,825 Euros, exchange rate converted compare
- 18 Luxembourg -11,433 Euros, exchange rate converted compare
- 19 Singapore -33,826 Euros, exchange rate converted compare
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)
- Taxes less subsidies on products (current US$), annual growth rate 8.06 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0943 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 5,730 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 3.5 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0835 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 5,070 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0205 (1998)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 48.68 (1998)
Frequently asked questions
- What is international trade in services in Belgium?
- International trade in services in Belgium was -867 Euros, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest international trade in services recorded in Belgium?
- The highest recorded value was 5,192 Euros, exchange rate converted in 2017.
- What is the lowest international trade in services recorded in Belgium?
- The lowest recorded value was -1,050 Euros, exchange rate converted in 2022.
- How does Belgium rank for international trade in services?
- Belgium ranks 16th out of 21 countries with data for 2024.
- Is international trade in services rising or falling in Belgium?
- Over the last ten years it is down 158.7%. The long-run trend across the full record is volatile.
- Where does this Belgium data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of International trade in services. Statizoid updates them automatically from the source API.
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About this data
Metadata by country are available in English and French. Please click on the link below: https://webfs-sdd.oecd.org/files/.Stat/ITSS/TradeInServices_metadata_allCountries.docx. The aim of this dataflow International Trade in Services EBOPS 2010 (by partner country) is to collect and disseminate balance of payments data on international trade in services at the most detailed partner country level available. To the extent that countries report them, data are also broken down by type of service according to the EBOPS 2010 classification. There has been a growing interest in monitoring patterns of trade in services around the world, which is partly associated with ongoing trade negotiations and partly due to the increasing importance of services in OECD economies. It has been developed to supplement other OECD publications on trade in services to address the data needs of trade analysts. It is also an important part of OECD's programme to facilitate the implementation of the recommendations of the revised Manual on Statistics of International Trade in Services 2010. The currency unit used for all series is: Millions of US dollars or Millions of National Currency or Millions of Euros. OECD statistics contact: stat.contact@oecd.org http://www.oecd.org/sdd