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Macro

Belgium

Europe & Central Asia · High income · IMF WEO April 2026 · World Bank WDI

GDP▲ 8.0%
Current prices2025
725USD bn
GDP per capita▲ 7.4%
Current prices2025
61,002USD
Real GDP growth▼ 0.1 pp
Annual change2025
1.0%
Inflation▼ 1.3 pp
Average consumer prices2025
3.0%
Unemployment▲ 0.5 pp
Rate2025
6.2%
Government debt▲ 2.4 pp
General government, gross2025
106.3% of GDP
Current account▼ 1.8 pp
Balance2025
-2.1% of GDP
Population▲ 0.6%
Total2025
11.88million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-4.80.06.31995: 2.4%1996: 1.3%1997: 3.8%1998: 2.0%1999: 3.5%2000: 3.7%2001: 1.1%2002: 1.7%2003: 1.0%2004: 3.6%2005: 2.3%2006: 2.6%2007: 3.7%2008: 0.4%2009: -1.9%2010: 2.7%2011: 1.9%2012: 0.2%2013: 0.3%2014: 1.8%2015: 1.5%2016: 1.2%2017: 1.5%2018: 1.9%2019: 2.4%2020: -4.8%2021: 6.3%2022: 4.0%2023: 1.7%2024: 1.1%2025: 1.0%2026: 0.7% (IMF projection)2027: 1.1% (IMF projection)2028: 1.1% (IMF projection)2029: 1.2% (IMF projection)2030: 1.3% (IMF projection)2031: 1.3% (IMF projection)IMF projection19952000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
-0.00.010.31995: 1.3%1996: 1.8%1997: 1.5%1998: 0.9%1999: 1.1%2000: 2.7%2001: 2.4%2002: 1.5%2003: 1.5%2004: 1.9%2005: 2.5%2006: 2.3%2007: 1.8%2008: 4.5%2009: -0.0%2010: 2.3%2011: 3.4%2012: 2.6%2013: 1.2%2014: 0.5%2015: 0.6%2016: 1.8%2017: 2.2%2018: 2.3%2019: 1.2%2020: 0.4%2021: 3.2%2022: 10.3%2023: 2.3%2024: 4.3%2025: 3.0%2026: 2.8% (IMF projection)2027: 2.2% (IMF projection)2028: 2.1% (IMF projection)2029: 2.0% (IMF projection)2030: 1.8% (IMF projection)2031: 1.8% (IMF projection)IMF projection19952000200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %6.34.01.71.11.00.71.11.11.21.3
Inflation, average consumer prices %3.210.32.34.33.02.82.22.12.01.8
Unemployment rate %6.35.65.55.76.26.26.16.05.95.8
GDP, current prices USD bn599592652671725777797817841864
GDP per capita, current prices USD51,83350,91855,48256,79661,00265,11266,59068,05069,84071,562
GDP per capita, PPP Int. USD62,04568,71471,70573,80576,20878,60780,91482,93185,22087,697
General government gross debt % of GDP108.5103.1102.2103.9106.3109.2111.5114.2116.6119.5
General government net lending/borrowing % of GDP-5.4-3.6-4.0-4.4-5.3-5.1-5.2-5.3-5.4-5.7
Current account balance % of GDP1.8-1.90.2-0.4-2.1-2.0-1.9-1.3-1.1-0.8
Population million11.5511.6211.7411.8211.8811.9311.9712.0112.0412.07

Government debt, % of GDP

General government gross debt
0.01222000: 110%2001: 108%2002: 105%2003: 102%2004: 97%2005: 95%2006: 91%2007: 87%2008: 93%2009: 100%2010: 100%2011: 103%2012: 104%2013: 105%2014: 107%2015: 106%2016: 105%2017: 102%2018: 100%2019: 98%2020: 111%2021: 109%2022: 103%2023: 102%2024: 104%2025: 106%2026: 109% (IMF projection)2027: 112% (IMF projection)2028: 114% (IMF projection)2029: 117% (IMF projection)2030: 119% (IMF projection)2031: 122% (IMF projection)IMF projection2000200520102015202020252030

Current account, % of GDP

Balance of payments
-2.10.04.52000: 4.0%2001: 3.3%2002: 4.5%2003: 3.4%2004: 3.1%2005: 2.0%2006: 1.9%2007: 1.5%2008: -1.0%2009: 1.7%2010: 1.6%2011: -1.9%2012: -0.1%2013: 1.0%2014: 0.8%2015: 1.4%2016: 0.6%2017: 0.7%2018: -0.9%2019: 0.1%2020: 0.9%2021: 1.8%2022: -1.9%2023: 0.2%2024: -0.4%2025: -2.1%2026: -2.0% (IMF projection)2027: -1.9% (IMF projection)2028: -1.3% (IMF projection)2029: -1.1% (IMF projection)2030: -0.8% (IMF projection)2031: -0.7% (IMF projection)IMF projection2000200520102015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
19951.326.018.362.8
20050.822.615.965.9
20150.819.512.669.4
20250.718.611.271.2

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method59,500USD2025+30.7%
GNI, Atlas method711USD bn2025+38.4%
Exports of goods and services75.5% of GDP2025-2.4 pp
Imports of goods and services77.5% of GDP2025+0.3 pp
Life expectancy at birth82.3years2024+1.2%
Urban population87.7% of total2025+1.5 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)