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 in Belgium

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

 
 
Source
Current account balance

US$ -7.141 billion (2014 estimate)

Current account balance by percentage of GDP

-1.335% of GDP (2014 estimate)

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

85.9% (2013)

 

Shares in world total merchandising export

2.42% (2012)

 

Shares in world total commercial services export

2.27% (2012)

 

Total exports

US$ 295.3 billion (2013 estimate) 

Export commodities

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

Total imports

US$ 310.200 billion (2013 estimate) 

 
 
Source
Import commodities

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

Exports - major partners

Germany 18%, France 16.1%, Netherlands 13%, UK 7.3%, US 5.3%, Italy 4.4% (2012)

Imports - major partners

Netherlands 20.9%, Germany 14.2%, France 10.6%, US 6.1%, UK 5.5%, Ireland 4.4% (2012)

FDI inflows
2011 2012 2013
US$ 119,022 million US$ -30,261 million US$ -2,406 million
FDI outflows
2011 2012 2013  
US$ 96,785 million US$ -17,443 million US$ -26,372 million  
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013

US$ 477 million

US$ 7,841 million US$ -1,354 million US$ 13,251 million
Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

Ageas SA/NV, Ageas NV, Netherlands, 5.6

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

Cross-border M&A; deals worth over $3 billion completed in 2013 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

Anheuser-Busch Inbev, Grupo  Modelo SAB de CV, Mexico, 18.0

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

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 36 out of 185 countries (2013)

Subcategories:

Starting a business: 49 out of 189 countries

Enforcing Contracts: 16 out of 189 countries

Registering Property: 180 out of 189 countries

Getting credit: 73 out of 189 countries

Protecting investors: 16 out of 189 countries

Trading across border: 28 out of 189 countries

Paying Taxes: 76 out of 189 countries

Dealing with Construction Permits: 100 out of 189 countries

Getting Electricity: 90 out of 189 countries

Resolving Insolvency: 6 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

18

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 35 Score: 69.9 (Moderately Free) (2014)

(100=totally free 0=totally repressed )

 
 
Source
Time zone

UTC+1

Total area

30,528 sq km (2014)

Capital

Brussels (2014)

Currency

euros (EUR) (2014)

Government type

federal parliamentary democracy under a constitutional monarchy (2014)

Languages

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

Religions

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

Total population
1990 2000 2010 2014* 2019**
9.948 million 10.239 million 10.84 million 11.191 million 11.522 million

*Estimate   **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
92.5% 95% 97% 98%
Population median age

43.1 years (2014 est.)

Population growth rate

0.05% (2014 estimate)

Life expectancy

79.92 years (2014 estimate)

Adult literacy

99% (2003 estimate)

% of population living on less than $2 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

Freedom House rating

Political Rights: 1
Civil Liberties: 1 (2014)

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

Total telephone subscribers as % of population

Fixed 41.3%  Mobile 110.9%
(2013)

(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

82.17% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Brussels 56th (2014)

CO2 emissions(Metric tons of CO2 per capita)

10.0 (2010)

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