Source
Central bank

National Bank of Belgium

International Reserves

USD 15.4 billion (2016)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 488.7 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 526.6 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
2.5% 3.4% 0.8% -2.3% 2.7% 1.8% 0.2%
2013 2014 2015 2016* 2017*    
0% 1.3% 1.4% 1.5% 1.4%    

*Estimate

GDP per capita - current prices

USD 42,661.8 (2017, estimate)

GDP per capita - PPP

Intl$ 45,972.3 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.83% 0.74% 0.62% 0.49% 0.4%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 0.6% 
  • industry: 21.8% 
  • services: 77.6%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

2.5% (2014)

OECD, data retrieved January 2017

 

Inflation
2013 2014 2015 2016* 2017*
1.2% 0.5% 0.6% 2.1% 1.6%

*Estimate

Unemployment rate
2013 2014 2015 2016* 2017*
8.5% 8.6% 8.5% 8.4% 8.3%

*Estimate

Household saving rates

4.2% (Total, 2015)

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
105.2% 106.6% 106.1% 105.8% 105%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-3% -3.1% -2.6% -2.7% -2.2%

*Estimate

Government bond ratings

Standard & Poor's: AA

Moody's: Aa3

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
USD 374.3 billion USD 378.5 billion USD 414.6 billion

*Estimate 

Largest companies

Anheuser-Busch InBev, KBC Group, Solvay, Delhaize Group, Belgacom, Colruyt, UCB, Dexia, Umicore, Banque Nationale de Belgique.

 
 
Source
Current account balance

USD 1.9 billion (2017 estimate)

Current account balance by percentage of GDP

0.4% (2017 estimate)

Exports as percent of GDP (Exports of goods and services)

82.9% (2015)

Shares in world total merchandising export

2.4% (2015)​

Shares in world total commercial services export

2.3% (2015)

Total exports

USD 250.8 billion (2016 estimate)

Export commodities

Chemicals, machinery and equipment, finished diamonds, metals and metal products, foodstuffs

Total imports

USD 251.7 billion (2016 estimate)

 
 
Source
Import commodities

Raw materials, machinery and equipment, chemicals, raw diamonds, pharmaceuticals, foodstuffs, transportation equipment, oil products

Exports - major partners

Germany 16.9%, France 15.5%, Netherlands 11.4%, UK 8.8%, US 6%, Italy 5% (2015)

Imports - major partners

Netherlands 16.7%, Germany 12.7%, France 9.6%, US 8.7%, UK 5.1%, Ireland 4.7%, China 4.3% (2015)

FDI inflows
2013 2014 2015
USD 13,682 million USD -8,703 million USD 31,029 million
FDI outflows
2013 2014 2015
USD 18,161 million USD 5,010 million USD 38,547 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
USD -1353.9 million USD 13250.8 million USD 4459.7 million USD 5538.8 million
Cross-border M&A deals worth over $3 billion completed in 2014

Anheuser-Busch Inbev, Oriental Brewery Co Ltd, Korea, Republic of, USD 5.8 billion

(for a monthly update on M&A; click here )

Cross-border M&A deals worth over $3 billion completed in 2015

Solvay SA, Cytec Industries Inc, United States, USD 5.5 billion

(for a monthly update on M&A; click here )

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 42 out of 190 countries (2016)

Subcategories:

Starting a business: 17 out of 190 countries

Enforcing Contracts: 52 out of 190 countries

Registering Property: 131 out of 190 countries

Getting credit: 101 out of 190 countries

Protecting investors: 63 out of 190 countries

Trading across border: 1 out of 190 countries

Paying Taxes: 66 out of 190 countries

Dealing with Construction Permits: 44 out of 190 countries

Getting Electricity: 60 out of 190 countries

Resolving Insolvency: 10 out of 190 countries

Global competitiveness ranking

17 out of 138 countries

(2016-2017)

Index of Economic Freedom

Ranking: 44 / Score: 68.41 (Moderately free) (2017)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC+1

Total area

30,528 sq km 

Capital

Brussels

Currency

Euros (EUR)

Government type

Federal parliamentary democracy under a constitutional monarchy

Languages

Dutch (official) 60%, French (official) 40%, German (official) less than 1%

Religions

 Roman Catholic 75%, other (includes Protestant) 25%

Total population
1990 2000 2010 2016* 2021*
9.948 million 10.239 million 10.84 million 11.332 million 11.93 million

*Estimate 

 
 
Source
Urban population as % of total population
1960 1980 2000 2015
93% 95% 97% 98%
Population median age

41.4 years (2016 estimate)

Population growth rate

0.73% (2016 estimate)

Life expectancy

81 years (2016 estimate)

Literacy

N/A

% of population living on less than $3.10 a day

N/A

Inequality of wealth distribution (Gini index)

27.6 (2012)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 1
Civil Liberties: 1 (2014)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

Fixed 40.14%   Mobile 115.69% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

85.05% (2015)

Mercer Cost of living index

Brussels: 86th (2016)

CO2 emissions

8.4 (2013)

World's Best Developed & Emerging Markets Banks

World's Best Internet Banks

World’s Best Treasury & Cash Management Providers

World's Best Subcustodian Banks

World’s Best Investment Banks

World's Safest

World’s Best Foreign Exchange Providers

World's Best Banks By Region

World's Best Banks

2011

World’s Best Trade Finance Banks

Best of…

World's Biggest Banks

Additional Awards