Belgium GDP YoYBelgium GDP YoYBelgium GDP YoY

Belgium GDP YoY

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Key data points


Last release
Observation period
Q3 2024
Next release
Forecast
Highest
19.40% on Mar 31, 1995
Lowest
−13.30% on Jun 30, 2020

About Belgium GDP YoY


Category
GDP
Frequency
Quarterly
Units
%
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.