Trade as a share of GDP in Belgium

Belgium: Trade as a share of GDP was 152.9% in 2025. ▲ Rising

Latest (2025)
152.9%
Change on year
down 3.8%
World rank
22nd
of 191 countries
All-time high
191.1%
in 2022
All-time low
85.2%
in 1972
Years of data
56
1970–2025

Trade as a share of GDP in Belgium, 1970–2025

050100150200197019972025

Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

Belgium recorded 152.9% for trade as a share of gdp in 2025.

The figure is down 3.8% on the previous year and down 1.4% over ten years.

Over the whole period, trade as a share of gdp in Belgium peaked at 191.1% in 2022 and was at its lowest, 85.2%, in 1972.

That places Belgium 22nd out of 191 countries with data for 2025, putting it in the top quarter.

The long-run direction has been consistently rising across the 56 years of available data.

Trade as a share of GDP in Belgium, year by year

Annual values for Trade as a share of GDP in Belgium, 1970 to 2025.
Year % of GDP Change
1970 87.7%
1971 85.6% -2.4%
1972 85.2% -0.4%
1973 94.1% +10.5%
1974 105.3% +11.8%
1975 91.5% -13.1%
1976 96.8% +5.8%
1977 95.7% -1.2%
1978 92.3% -3.5%
1979 101.6% +10.0%
1980 103.1% +1.5%
1981 110.2% +7.0%
1982 117.9% +7.0%
1983 120.4% +2.1%
1984 128.2% +6.5%
1985 123.9% -3.4%
1986 112.3% -9.3%
1987 109.9% -2.1%
1988 116.4% +5.9%
1989 124.9% +7.3%
1990 121.5% -2.8%
1991 118.6% -2.4%
1992 115.1% -3.0%
1993 109.0% -5.3%
1994 113.2% +3.9%
1995 116.4% +2.8%
1996 119.2% +2.4%
1997 125.7% +5.4%
1998 124.7% -0.8%
1999 125.2% +0.4%
2000 142.2% +13.6%
2001 139.6% -1.9%
2002 136.1% -2.5%
2003 132.7% -2.5%
2004 136.9% +3.2%
2005 144.5% +5.6%
2006 149.6% +3.5%
2007 152.5% +1.9%
2008 161.1% +5.7%
2009 135.1% -16.1%
2010 150.2% +11.1%
2011 160.8% +7.1%
2012 160.4% -0.2%
2013 157.6% -1.8%
2014 158.6% +0.6%
2015 155.1% -2.2%
2016 159.1% +2.6%
2017 166.9% +4.9%
2018 168.3% +0.8%
2019 165.5% -1.7%
2020 156.9% -5.1%
2021 177.4% +13.0%
2022 191.1% +7.7%
2023 166.0% -13.1%
2024 159.0% -4.2%
2025 152.9% -3.8%

Averages by decade

DecadeAverage LowestHighest Years
1970s 93.6% 85.2% 105.3% 10
1980s 116.7% 103.1% 128.2% 10
1990s 118.9% 109.0% 125.7% 10
2000s 143.0% 132.7% 161.1% 10
2010s 160.2% 150.2% 168.3% 10
2020s 167.2% 152.9% 191.1% 6

Countries ranked near Belgium

  1. 19 Estonia 155.8% compare
  2. 20 Curacao 155.3% compare
  3. 21 Lesotho 154.0% compare
  4. 23 Slovenia 151.9% compare
  5. 24 Netherlands 150.1% compare
  6. 25 Switzerland 147.2% compare

See the full ranking of 191 places →

More economy & growth data for Belgium

All data for Belgium →

Frequently asked questions

What is trade as a share of gdp in Belgium?
Trade as a share of gdp in Belgium was 152.9% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest trade as a share of gdp recorded in Belgium?
The highest recorded value was 191.1% in 2022.
What is the lowest trade as a share of gdp recorded in Belgium?
The lowest recorded value was 85.2% in 1972.
How does Belgium rank for trade as a share of gdp?
Belgium ranks 22nd out of 191 countries with data for 2025.
Is trade as a share of gdp rising or falling in Belgium?
Over the last ten years it is down 1.4%. The long-run trend across the full record is rising.
Where does this Belgium data come from?
The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Trade as a share of GDP. Statizoid updates them automatically from the source API.

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Trade as a share of GDP in Belgium. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 28 August 2026, from https://economy.statizoid.com/stat/trade-as-share-of-gdp/belgium/

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About this data

Indicator
Trade as a share of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Trade in goods and services as a share of GDP, shown as a percentage.