Value of imported goods as a share of GDP in Belgium
Belgium: Value of imported goods as a share of GDP was 84.3% in 2014. ◆ Volatile
Value of imported goods as a share of GDP in Belgium, 1835–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in %.
Analysis
Belgium recorded 84.3% for value of imported goods as a share of gdp in 2014.
The figure is down 1.7% on the previous year and up 9.4% over ten years.
Over the whole period, value of imported goods as a share of gdp in Belgium peaked at 90.1% in 2008 and was at its lowest, 9.7%, in 1839.
That places Belgium 25th out of 193 countries with data for 2014, putting it in the top 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 |
|---|---|---|---|---|
| 1830s | 11.0% | 9.7% | 11.5% | 5 |
| 1840s | 11.5% | 9.9% | 12.9% | 10 |
| 1850s | 13.5% | 11.3% | 15.7% | 10 |
| 1860s | 19.2% | 16.4% | 21.3% | 10 |
| 1870s | 25.9% | 20.4% | 31.2% | 10 |
| 1880s | 28.8% | 27.3% | 30.8% | 10 |
| 1890s | 31.9% | 28.6% | 37.1% | 10 |
| 1900s | 43.0% | 35.0% | 50.7% | 10 |
| 1910s | 57.2% | 55.1% | 59.0% | 4 |
| 1920s | 39.7% | 33.4% | 45.4% | 10 |
| 1930s | 27.1% | 21.0% | 34.3% | 10 |
| 1940s | 27.7% | 25.3% | 32.7% | 4 |
| 1950s | 31.3% | 28.8% | 33.7% | 10 |
| 1960s | 36.8% | 33.8% | 42.3% | 10 |
| 1970s | 47.0% | 41.4% | 53.1% | 10 |
| 1980s | 61.0% | 56.3% | 66.1% | 10 |
| 1990s | 57.9% | 50.3% | 62.7% | 10 |
| 2000s | 79.1% | 70.5% | 90.1% | 10 |
| 2010s | 85.2% | 80.3% | 87.9% | 5 |
Countries ranked near Belgium
More economy & growth data for Belgium
- External balance on goods and services as a percent of GDP -2.0% (2025)
- Inflation of consumer prices 2.5% (2025)
- GDP per capita 45,146 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 11.2% (2025)
- Gross domestic product (GDP) 539.12 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 45,146 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -10.14 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -10.98 billion current US$ (2024)
- Taxes less subsidies on products 60.55 billion current LCU (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 84.3% in 2014, according to Fouquin and Hugot (2016) – processed 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 90.1% in 2008.
- What is the lowest value of imported goods as a share of gdp recorded in Belgium?
- The lowest recorded value was 9.7% in 1839.
- How does Belgium rank for value of imported goods as a share of gdp?
- Belgium ranks 25th out of 193 countries with data for 2014.
- Is value of imported goods as a share of gdp rising or falling in Belgium?
- Over the last ten years it is up 9.4%. The long-run trend across the full record is volatile.
- Where does this Belgium data come from?
- The figures come from Fouquin and Hugot (2016) – processed 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.
Download this data
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About this data
Estimates correspond to merchandise import-to-GDP ratios for countries and regions. All ratios are taken at current prices. See source for more details.