Belgium

BEL
Updated Sep 9, 2026
Nominal GDP
$725B
+8.1%2025
GDP growth
0.98%
-0.11pp2025
Consumer inflation
2.47%
-0.68pp2025
Policy rate
2.25%
+0.25ppJun 2026
Unemployment
5.91%
+0.21pp2025
GDP per capita
$60,750
+7.4%2025

Output & income

GDP growth

0.98%-0.11pp
-5%05%10%2015201820212025
11 values
GDP growth, every published observation
PeriodValue
20250.98%
20241.1%
20231.56%
20224.02%
20216.25%
2020-4.79%
20192.44%
20181.88%
20171.47%
20161.19%
20151.47%

Nominal GDP

$725B+8.1%
$400B$500B$600B$700B$800B2015201820212025
11 values
Nominal GDP, every published observation
PeriodValue
2025$725B
2024$671B
2023$651B
2022$591B
2021$599B
2020$530B
2019$537B
2018$543B
2017$501B
2016$474B
2015$461B

Real GDP

$539B+1.0%
$450B$475B$500B$525B$550B2015201820212025
11 values
Real GDP, every published observation
PeriodValue
2025$539B
2024$534B
2023$528B
2022$520B
2021$500B
2020$470B
2019$494B
2018$482B
2017$473B
2016$467B
2015$461B

GDP per capita

$60,750+7.4%
$30k$40k$50k$60k$70k2015201820212025
11 values
GDP per capita, every published observation
PeriodValue
2025$60,750
2024$56,582
2023$55,245
2022$50,639
2021$51,658
2020$45,906
2019$46,717
2018$47,487
2017$44,035
2016$41,855
2015$40,894

Prices, rates & jobs

Consumer inflation

2.47%-0.68pp
05%10%15%2015201820212025
11 values
Consumer inflation, every published observation
PeriodValue
20252.47%
20243.14%
20234.05%
20229.6%
20212.44%
20200.74%
20191.44%
20182.05%
20172.13%
20161.97%
20150.56%

Policy rate

2.25%+0.25pp
02%4%6%Jun 2016Dec 2018Jun 2021Dec 2023Jun 2026
121 values
Policy rate, every published observation
PeriodValue
Jun 20262.25%
May 20262.0%
Apr 20262.0%
Mar 20262.0%
Feb 20262.0%
Jan 20262.0%
Dec 20252.0%
Nov 20252.0%
Oct 20252.0%
Sep 20252.0%
Aug 20252.0%
Jul 20252.0%
Jun 20252.0%
May 20252.25%
Apr 20252.25%
Mar 20252.5%
Feb 20252.75%
Jan 20253.0%
Dec 20243.0%
Nov 20243.25%
Oct 20243.25%
Sep 20243.5%
Aug 20244.25%
Jul 20244.25%
Jun 20244.25%
May 20244.5%
Apr 20244.5%
Mar 20244.5%
Feb 20244.5%
Jan 20244.5%
Dec 20234.5%
Nov 20234.5%
Oct 20234.5%
Sep 20234.5%
Aug 20234.25%
Jul 20234.0%
Jun 20234.0%
May 20233.75%
Apr 20233.5%
Mar 20233.5%
Feb 20233.0%
Jan 20232.5%
Dec 20222.5%
Nov 20222.0%
Oct 20221.25%
Sep 20221.25%
Aug 20220.5%
Jul 20220.5%
Jun 20220.0%
May 20220.0%
Apr 20220.0%
Mar 20220.0%
Feb 20220.0%
Jan 20220.0%
Dec 20210.0%
Nov 20210.0%
Oct 20210.0%
Sep 20210.0%
Aug 20210.0%
Jul 20210.0%
Jun 20210.0%
May 20210.0%
Apr 20210.0%
Mar 20210.0%
Feb 20210.0%
Jan 20210.0%
Dec 20200.0%
Nov 20200.0%
Oct 20200.0%
Sep 20200.0%
Aug 20200.0%
Jul 20200.0%
Jun 20200.0%
May 20200.0%
Apr 20200.0%
Mar 20200.0%
Feb 20200.0%
Jan 20200.0%
Dec 20190.0%
Nov 20190.0%
Oct 20190.0%
Sep 20190.0%
Aug 20190.0%
Jul 20190.0%
Jun 20190.0%
May 20190.0%
Apr 20190.0%
Mar 20190.0%
Feb 20190.0%
Jan 20190.0%
Dec 20180.0%
Nov 20180.0%
Oct 20180.0%
Sep 20180.0%
Aug 20180.0%
Jul 20180.0%
Jun 20180.0%
May 20180.0%
Apr 20180.0%
Mar 20180.0%
Feb 20180.0%
Jan 20180.0%
Dec 20170.0%
Nov 20170.0%
Oct 20170.0%
Sep 20170.0%
Aug 20170.0%
Jul 20170.0%
Jun 20170.0%
May 20170.0%
Apr 20170.0%
Mar 20170.0%
Feb 20170.0%
Jan 20170.0%
Dec 20160.0%
Nov 20160.0%
Oct 20160.0%
Sep 20160.0%
Aug 20160.0%
Jul 20160.0%
Jun 20160.0%

Unemployment

5.91%+0.21pp
4%6%8%10%2015201820212025
11 values
Unemployment, every published observation
PeriodValue
20255.91%
20245.7%
20235.55%
20225.57%
20216.25%
20205.54%
20195.36%
20185.94%
20177.09%
20167.83%
20158.48%

Trade & currency

Trade balance

-$14.6B-$12.0B
-$20B-$10B0$10B$20B2015201820212025
11 values
Trade balance, every published observation
PeriodValue
2025-$14.6B
2024-$2.59B
2023-$2.35B
2022-$13.8B
2021$11.2B
2020$7.65B
2019$2.52B
2018-$7.12B
2017-$0.08B
2016$0.85B
2015$3.17B

Current account, % of GDP

-1.93%-1.55pp
-2%-1%01%2%2015201820212025
11 values
Current account, % of GDP, every published observation
PeriodValue
2025-1.93%
2024-0.38%
20230.18%
2022-1.82%
20211.87%
20200.9%
20190.12%
2018-0.87%
20170.7%
20160.56%
20151.38%

Export growth

-0.29%+1.41pp
-10%010%20%2015201820212025
11 values
Export growth, every published observation
PeriodValue
2025-0.29%
2024-1.7%
2023-7.15%
20223.05%
202114.65%
2020-5.96%
20192.94%
20181.55%
20175.52%
20166.14%
20153.67%

Import growth

0.14%+1.43pp
-10%010%20%2015201820212025
11 values
Import growth, every published observation
PeriodValue
20250.14%
2024-1.29%
2023-7.64%
20223.48%
202112.83%
2020-6.72%
20191.49%
20182.34%
20175.36%
20167.77%
20154.2%

Exchange rate per USD

0.885-4.2%
0.80.850.90.9512015201820212025
11 values
Exchange rate per USD, every published observation
PeriodValue
20250.885
20240.9239
20230.9248
20220.9496
20210.8455
20200.8755
20190.8933
20180.8468
20170.8852
20160.9034
20150.9013

FX reserves

$56.4B+33.2%
0$20B$40B$60B$80B2015201820212025
11 values
FX reserves, every published observation
PeriodValue
2025$56.4B
2024$42.3B
2023$41.7B
2022$42.1B
2021$42.2B
2020$33.3B
2019$29.0B
2018$26.9B
2017$26.2B
2016$23.5B
2015$24.1B

People

Population

11.9M+0.7%
11M11.5M12M12.5M2015201820212025
11 values
Population, every published observation
PeriodValue
202511.9M
202411.9M
202311.8M
202211.7M
202111.6M
202011.5M
201911.5M
201811.4M
201711.4M
201611.3M
201511.3M

Population growth

0.7%+0.03pp
00.25%0.5%0.75%1%2015201820212025
11 values
Population growth, every published observation
PeriodValue
20250.7%
20240.67%
20230.85%
20220.81%
20210.41%
20200.43%
20190.54%
20180.46%
20170.39%
20160.51%
20150.58%

Urban population

87.67%+0.06pp
86%86.5%87%87.5%88%2015201820212025
11 values
Urban population, every published observation
PeriodValue
202587.67%
202487.61%
202387.55%
202287.49%
202187.43%
202087.3%
201987.1%
201886.89%
201786.67%
201686.45%
201586.22%

All indicators

Latest reading for every indicator published for this country
IndicatorLatestChangePeriod10 years
GDP growth0.98%-0.11pp2025
Nominal GDP$725B+8.1%2025
Real GDP$539B+1.0%2025
GDP per capita$60,750+7.4%2025
Consumer inflation2.47%-0.68pp2025
Policy rate2.25%+0.25ppJun 2026
Unemployment5.91%+0.21pp2025
Trade balance-$14.6B-$12.0B2025
Current account, % of GDP-1.93%-1.55pp2025
Export growth-0.29%+1.41pp2025
Import growth0.14%+1.43pp2025
Exchange rate per USD0.885-4.2%2025
FX reserves$56.4B+33.2%2025
Population11.9M+0.7%2025
Population growth0.7%+0.03pp2025
Urban population87.67%+0.06pp2025