Terms of trade adjustment in Belgium
Belgium: Terms of trade adjustment was -20.53 billion constant LCU in 2025. ◆ Volatile
Latest (2025)
-20.53 billion constant LCU
Change on year
down 45.9%
World rank
145th
of 178 countries
All-time high
9.35 billion constant LCU
in 1998
All-time low
-23.10 billion constant LCU
in 2022
Years of data
56
1970–2025
Terms of trade adjustment in Belgium, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Belgium recorded -20.53 billion constant LCU for terms of trade adjustment in 2025.
The figure is down 45.9% on the previous year and down 608.5% over ten years.
Over the whole period, terms of trade adjustment in Belgium peaked at 9.35 billion constant LCU in 1998 and was at its lowest, -23.10 billion constant LCU, in 2022.
That places Belgium 145th out of 178 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Terms of trade adjustment in Belgium, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 2.90 billion constant LCU | — |
| 1971 | 2.30 billion constant LCU | -20.5% |
| 1972 | 3.38 billion constant LCU | +46.7% |
| 1973 | 4.40 billion constant LCU | +30.1% |
| 1974 | 2.72 billion constant LCU | -38.1% |
| 1975 | 1.69 billion constant LCU | -38.0% |
| 1976 | 1.52 billion constant LCU | -9.7% |
| 1977 | 1.99 billion constant LCU | +30.6% |
| 1978 | 2.07 billion constant LCU | +4.3% |
| 1979 | 2.32 billion constant LCU | +12.1% |
| 1980 | -942.66 million constant LCU | -140.6% |
| 1981 | -4.02 billion constant LCU | +325.9% |
| 1982 | -4.56 billion constant LCU | +13.5% |
| 1983 | -4.90 billion constant LCU | +7.6% |
| 1984 | -5.04 billion constant LCU | +2.8% |
| 1985 | -4.30 billion constant LCU | -14.7% |
| 1986 | -400.03 million constant LCU | -90.7% |
| 1987 | 640.15 million constant LCU | -260.0% |
| 1988 | 2.48 billion constant LCU | +287.8% |
| 1989 | 3.74 billion constant LCU | +50.5% |
| 1990 | 3.45 billion constant LCU | -7.6% |
| 1991 | 3.65 billion constant LCU | +5.6% |
| 1992 | 6.25 billion constant LCU | +71.4% |
| 1993 | 8.46 billion constant LCU | +35.3% |
| 1994 | 8.44 billion constant LCU | -0.3% |
| 1995 | 8.70 billion constant LCU | +3.1% |
| 1996 | 7.83 billion constant LCU | -10.0% |
| 1997 | 7.96 billion constant LCU | +1.6% |
| 1998 | 9.35 billion constant LCU | +17.5% |
| 1999 | 7.87 billion constant LCU | -15.8% |
| 2000 | 4.84 billion constant LCU | -38.5% |
| 2001 | 4.99 billion constant LCU | +3.2% |
| 2002 | 6.67 billion constant LCU | +33.6% |
| 2003 | 6.11 billion constant LCU | -8.4% |
| 2004 | 4.40 billion constant LCU | -28.0% |
| 2005 | 2.77 billion constant LCU | -37.0% |
| 2006 | 937.00 million constant LCU | -66.2% |
| 2007 | 1.44 billion constant LCU | +54.0% |
| 2008 | -6.37 billion constant LCU | -541.7% |
| 2009 | 2.21 billion constant LCU | -134.7% |
| 2010 | -2.77 billion constant LCU | -225.4% |
| 2011 | -7.18 billion constant LCU | +159.0% |
| 2012 | -7.24 billion constant LCU | +0.8% |
| 2013 | -6.20 billion constant LCU | -14.4% |
| 2014 | -6.34 billion constant LCU | +2.3% |
| 2015 | -2.90 billion constant LCU | -54.3% |
| 2016 | -37.82 million constant LCU | -98.7% |
| 2017 | -1.49 billion constant LCU | +3827.4% |
| 2018 | -4.38 billion constant LCU | +194.8% |
| 2019 | -1.77 billion constant LCU | -59.6% |
| 2020 | 0 constant LCU | -100.0% |
| 2021 | -5.58 billion constant LCU | — |
| 2022 | -23.10 billion constant LCU | +314.3% |
| 2023 | -15.74 billion constant LCU | -31.9% |
| 2024 | -14.07 billion constant LCU | -10.6% |
| 2025 | -20.53 billion constant LCU | +45.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.53 billion constant LCU | 1.52 billion constant LCU | 4.40 billion constant LCU | 10 |
| 1980s | -1.73 billion constant LCU | -5.04 billion constant LCU | 3.74 billion constant LCU | 10 |
| 1990s | 7.19 billion constant LCU | 3.45 billion constant LCU | 9.35 billion constant LCU | 10 |
| 2000s | 2.80 billion constant LCU | -6.37 billion constant LCU | 6.67 billion constant LCU | 10 |
| 2010s | -4.03 billion constant LCU | -7.24 billion constant LCU | -37.82 million constant LCU | 10 |
| 2020s | -13.17 billion constant LCU | -23.10 billion constant LCU | 0 constant LCU | 6 |
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 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)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 0.9109 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6675 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 40,548 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 0.9108 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.6585 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is terms of trade adjustment in Belgium?
- Terms of trade adjustment in Belgium was -20.53 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest terms of trade adjustment recorded in Belgium?
- The highest recorded value was 9.35 billion constant LCU in 1998.
- What is the lowest terms of trade adjustment recorded in Belgium?
- The lowest recorded value was -23.10 billion constant LCU in 2022.
- How does Belgium rank for terms of trade adjustment?
- Belgium ranks 145th out of 178 countries with data for 2025.
- Is terms of trade adjustment rising or falling in Belgium?
- Over the last ten years it is down 608.5%. The long-run trend across the full record is volatile.
- Where does this Belgium data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Terms of trade adjustment (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.