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GDP Growth in Belgium

Source: World Bank, National Statistical Office, IMF estimates (Oct 2020)
Last Updated: Feb 8, 2021

Belgium's GDP growth amounted to 1.40 % in 2019 according to the the National Statistical Office. This is 0.09000000000000008 % less than in the previous year (1.49 %).

Historically, GDP growth in Belgium reached an all time high of 7.43 % in 1970 and an all time low of -2.02 % in 2009. When compared to Belgium's main peers, GDP growth in France amounted to 1.51 %, 0.555 % in Germany, 2.30 % in Luxembourg and 1.68 % in Netherlands in 2019.

Belgium has been ranked 126th within the group of 174 countries we follow in terms of GDP growth, 10 places behind the position seen 10 years ago.

Annual percentage growth rate of the whole economy at market prices based on a constant local currency.


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