General profile: Belgium

GENERAL INFORMATION FOR 2021
Population
Population
Exchange rates
Exchange rate
GDP
GDP
11.611 Millions
0.845 EUR/US$
590 423 Millions current US$
Land area
Land area¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 30 280 km²
3.22 %
4.65 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+29.1 %
Merchandise exports growth rate in 2021
Total merchandise trade
(millions of US$)
2005
2010
2015
2021
Merchandise exports
334 400
407 692
396 841
545 284
Merchandise imports
318 700
391 177
375 530
510 208
Merchandise trade balance
15 700
16 515
21 311
35 075
Export structure by product group in 2021
(as % of total exports)
5 %5 %70 %70 %10 %10 %5 %5 %10 %10 %
Top 5 partners in 2021
(exports, millions of US$)
57 48445 23740 78623 75121 17657 48445 23740 78623 75121 176
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2021
Services exports
59 200
98 438
109 015
136 653
Services imports
54 112
87 701
104 323
134 494
Services trade balance
5 088
10 737
4 692
2 159
Services exports by main category²
(as % of total services)
2005
2010
2015
2021
Transport
(e) 25.6
27.1
20.8
20.9
Travel
(e) 17.2
11.6
7.2
4.8
Other services
(e) 52.1
55.6
66.6
70.5
TRADE INDICES
More data on UNCTADstat
112100105104104105100989693949286961019591898484777499101999910010210099989899100102100103102102104105105104104
ECONOMIC TRENDS
More data on UNCTADstat
+4.7 %
Gross domestic product growth rate in 2021
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2021
GDP, current
385 561
480 952
462 150
590 423
GDP per capita, current US$
36 661
44 213
41 086
50 848
Real GDP growth, y-on-y, %
2.32
2.86
2.04
4.65
Current account balance, % of GDP
2.00
1.53
1.38
-0.37
Exchange rate (/US$)
0.804
0.754
0.901
0.845
GDP by expenditure in 2020
(as % of total GDP)
49.724.824.280.078.649.724.824.280.078.6
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+7.7 %
FDI outflows as % of GDP in 2021
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2021
FDI inflows
34 370.49
57 583.32
28 331.30
25 576.76
FDI outflows
32 658.06
576.12
55 199.16
45 624.21
Personal remittances, % of GDP
..
2.29
2.26
..
Financial flows trends
(millions of US$)
13 120.912 156.812 443.911 435.510 786.410 464.912 161.011 695.111 171.511 728.510 993.711 090.725 57711 9131 75235 713-70859 24328 331-3 50623 89811 67083 36657 58364 440-13 85793 43158 89334 37043 55833 47616 25188 20388 739FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2021
Balance, % of GDP
2.45
1.29
1.42
0.05
Balance, % of imports
3.40
1.70
1.86
0.06
Normalized balance
0.017
0.008
0.009
0.000
Trade openness²
(sum of imports and exports as % of GDP)
174159164166165158154163163165165153138160154150147
LIVING AREA
Population by living area in 2021
(% of population)
Urban
98%Urban 98%Rural
2%Rural 2%
OTHER INDICATORS
More data on UNCTADstat
0.451 %
Share of the total world merchant fleet in 2021
Maritime transport indicators
 
2005
2010
2015
2021
Merchant fleet, national flag (thousands of DWT)
6 815
6 575
8 671
9 640
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
79.53
83.59
88.03
Container port throughput (TEU)
..
11 055 745
11 237 600
..
Information economy indicators
(as % of)
2005
2010
2015
2021
Share of ICT goods, % of total exports
3.86
2.03
2.18
1.81
Share of ICT goods, % of total imports
4.64
3.81
3.84
3.57
Share of workforce involved in the ICT sector
..
(r) 5.71
4.34
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
q
Estimated. Data refers to 2020.
r
Number of persons employed in full time equivalent units.Total business economy includes repair of computers, personal and household goods; except financial and insurance activities.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 20 October 2022