Key data points
Last release
—
Observation period
2023
Next release
—
Forecast
—
Highest
6.90% on Dec 31, 2021
Lowest
−5.30% on Dec 31, 2020
About Belgium Full Year GDP Growth
In Belgium, household consumption is the main component of GDP and accounts for 52 percent of its total use, followed by government expenditure (25 percent) and gross fixed capital formation (23 percent). Exports of goods and services account for 84 percent of GDP while imports account for 83 percent, adding 1 percent of total GDP.