Merchandise trade as a proportion of GDP in Belgium
Belgium: Merchandise trade as a proportion of GDP was 156.4% in 2024. ▲ Rising
Merchandise trade as a proportion of GDP in Belgium, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, merchandise trade as a proportion of gdp in Belgium stood at 156.4%.
Compared with earlier readings it is down 9.4% on the previous year and down 9.1% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Belgium peaked at 209.8% in 2022 and was at its lowest, 149.2%, in 2009.
Belgium ranks 8th of 218 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Merchandise trade as a proportion of GDP in Belgium, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 154.5% | — |
| 2001 | 155.9% | +0.9% |
| 2002 | 160.4% | +2.9% |
| 2003 | 154.2% | -3.8% |
| 2004 | 160.5% | +4.1% |
| 2005 | 169.3% | +5.5% |
| 2006 | 176.0% | +3.9% |
| 2007 | 178.9% | +1.7% |
| 2008 | 181.3% | +1.4% |
| 2009 | 149.2% | -17.7% |
| 2010 | 165.9% | +11.2% |
| 2011 | 178.8% | +7.8% |
| 2012 | 177.6% | -0.7% |
| 2013 | 175.6% | -1.1% |
| 2014 | 172.1% | -2.0% |
| 2015 | 167.5% | -2.7% |
| 2016 | 163.9% | -2.1% |
| 2017 | 167.5% | +2.1% |
| 2018 | 170.2% | +1.6% |
| 2019 | 163.2% | -4.1% |
| 2020 | 154.6% | -5.3% |
| 2021 | 180.1% | +16.5% |
| 2022 | 209.8% | +16.5% |
| 2023 | 172.6% | -17.8% |
| 2024 | 156.4% | -9.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 164.0% | 149.2% | 181.3% | 10 |
| 2010s | 170.2% | 163.2% | 178.8% | 10 |
| 2020s | 174.7% | 154.6% | 209.8% | 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)
- Gross capital formation (constant 2015 US$), annual growth rate 0.26 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1743 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 10,591 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 5.09 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.7747 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 47,062 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 0.6586 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 0.6856 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Belgium?
- Merchandise trade as a proportion of gdp in Belgium was 156.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Belgium?
- The highest recorded value was 209.8% in 2022.
- What is the lowest merchandise trade as a proportion of gdp recorded in Belgium?
- The lowest recorded value was 149.2% in 2009.
- How does Belgium rank for merchandise trade as a proportion of gdp?
- Belgium ranks 8th out of 218 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Belgium?
- Over the last ten years it is down 9.1%. The long-run trend across the full record is rising.
- Where does this Belgium data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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