Key data points
Last release
—
Observation period
Q1 2024
Next release
—
Forecast
—
Highest
15.80% on Mar 31, 1995
Lowest
−11.60% on Jun 30, 2020
About Belgium GDP Growth Rate
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.