Value of imported goods as a share of GDP in Belgium
Belgium: Value of imported goods as a share of GDP was 76.4% in 2024. ▲ Rising
Value of imported goods as a share of GDP in Belgium, 1997–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
The most recent figure for value of imported goods as a share of gdp in Belgium is 76.4%, measured in 2024.
Compared with earlier readings it is down 10.5% on the previous year and down 9.2% over ten years.
Over the whole period, value of imported goods as a share of gdp in Belgium peaked at 103.6% in 2022 and was at its lowest, 61.1%, in 1999.
That places Belgium 16th out of 201 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 28 years of available data.
Value of imported goods as a share of GDP in Belgium, year by year
| Year | % | Change |
|---|---|---|
| 1997 | 62.2% | — |
| 1998 | 63.1% | +1.5% |
| 1999 | 61.1% | -3.2% |
| 2000 | 74.4% | +21.8% |
| 2001 | 75.1% | +1.0% |
| 2002 | 76.3% | +1.6% |
| 2003 | 73.6% | -3.5% |
| 2004 | 77.2% | +4.8% |
| 2005 | 82.4% | +6.8% |
| 2006 | 86.0% | +4.3% |
| 2007 | 87.4% | +1.6% |
| 2008 | 90.2% | +3.2% |
| 2009 | 73.1% | -19.0% |
| 2010 | 81.2% | +11.1% |
| 2011 | 88.4% | +8.9% |
| 2012 | 88.0% | -0.4% |
| 2013 | 86.0% | -2.2% |
| 2014 | 84.2% | -2.2% |
| 2015 | 81.3% | -3.4% |
| 2016 | 79.8% | -1.9% |
| 2017 | 81.5% | +2.2% |
| 2018 | 83.7% | +2.7% |
| 2019 | 79.9% | -4.6% |
| 2020 | 74.6% | -6.6% |
| 2021 | 87.7% | +17.6% |
| 2022 | 103.6% | +18.1% |
| 2023 | 85.3% | -17.6% |
| 2024 | 76.4% | -10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 62.1% | 61.1% | 63.1% | 3 |
| 2000s | 79.6% | 73.1% | 90.2% | 10 |
| 2010s | 83.4% | 79.8% | 88.4% | 10 |
| 2020s | 85.5% | 74.6% | 103.6% | 5 |
Countries ranked near Belgium
- 13 Singapore 80.1% compare
- 14 United Arab Emirates 79.5% compare
- 15 Viet Nam 76.8% compare
- 17 Palau 76.0% compare
- 18 Cape Verde 75.5% compare
- 19 Seychelles 73.3% 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)
- Total reserves minus gold (current US$), annual growth rate 5.18 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.0337 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 2,048 current US$ per person (2025)
- General government final consumption expenditure (current US$) 9.1 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.2395 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 14,552 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 4.5 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.212 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is value of imported goods as a share of gdp in Belgium?
- Value of imported goods as a share of gdp in Belgium was 76.4% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Belgium?
- The highest recorded value was 103.6% in 2022.
- What is the lowest value of imported goods as a share of gdp recorded in Belgium?
- The lowest recorded value was 61.1% in 1999.
- How does Belgium rank for value of imported goods as a share of gdp?
- Belgium ranks 16th out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Belgium?
- Over the last ten years it is down 9.2%. The long-run trend across the full record is rising.
- Where does this Belgium data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).