General profile: Belgium

GENERAL INFORMATION FOR 2020
Population
Population
Exchange rates
Exchange rate
GDP
GDP
11.590 Millions
0.876 EUR/US$
514 291 Millions current US$
Land area
Land area¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(n) 30 280 km²
0.43 %
-6.28 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-6.1 %
Merchandise exports growth rate in 2020
Total merchandise trade
(millions of US$)
2005
2010
2015
2020
Merchandise exports
334 400
407 692
396 841
419 892
Merchandise imports
318 700
391 177
375 530
396 132
Merchandise trade balance
15 700
16 515
21 311
23 760
Export structure by product group in 2020
(as % of total exports)
5 %5 %74 %74 %5 %5 %4 %4 %12 %12 %
Top 5 partners in 2020
(exports, millions of US$)
49 65639 51134 50525 75317 91649 65639 51134 50525 75317 916
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2020
Services exports
59 200
98 438
109 015
116 113
Services imports
54 112
87 701
104 323
115 300
Services trade balance
5 088
10 737
4 692
813
Services exports by main category²
(as % of total services)
2005
2010
2015
2020
Transport
(e) 25.6
27.1
20.8
20.2
Travel
(e) 17.2
11.6
7.2
5.7
Other services
(e) 52.1
55.6
66.6
70.4
TRADE INDICES
More data on UNCTADstat
991051041041051009895939593879610195919084847775101999810010110099989899101103101104103104105106106105105
ECONOMIC TRENDS
More data on UNCTADstat
-6.3 %
Gross domestic product growth rate in 2020
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2020
GDP, current
385 561
480 952
462 150
514 291
GDP per capita, current US$
36 557
43 968
40 942
44 375
Real GDP growth, y-on-y, %
2.32
2.86
2.04
-6.28
Current account balance, % of GDP
2.00
1.53
1.38
-0.18
Exchange rate (/US$)
0.804
0.754
0.901
0.876
GDP by expenditure in 2019
(as % of total GDP)
51.423.025.081.881.251.423.025.081.881.2
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+2.0 %
FDI outflows as % of GDP in 2020
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2020
FDI inflows
34 370.49
57 583.32
28 331.30
8 437.41
FDI outflows
32 658.06
576.12
55 199.16
10 227.23
Personal remittances, % of GDP
..
2.29
2.26
2.55
Financial flows trends
(millions of US$)
13 120.912 156.812 443.911 435.510 786.410 464.912 161.011 695.111 171.511 728.510 993.711 090.78 4372 88630 821-70859 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
2020
Balance, % of GDP
2.45
1.29
1.42
0.39
Balance, % of imports
3.40
1.70
1.86
0.48
Normalized balance
0.017
0.008
0.009
0.002
Trade openness²
(sum of imports and exports as % of GDP)
161163166165158154163163165165153138160154150147
LABOUR FORCE
Labour force by gender in 2020
(as % of total labour force, all sectors)
Male
54%Male 54%Female
46%Female 46%
OTHER INDICATORS
More data on UNCTADstat
0.485 %
Share of the total world merchant fleet in 2020
Maritime transport indicators
 
2005
2010
2015
2020
Merchant fleet, national flag (thousands of DWT)
6 815
6 575
8 671
10 051
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
79.53
83.59
89.12
Container port throughput (TEU)
..
11 055 745
11 237 600
14 066 604
Information economy indicators
(as % of)
2005
2010
2015
2020
Share of ICT goods, % of total exports
3.86
2.03
2.18
2.46
Share of ICT goods, % of total imports
4.64
3.81
3.84
4.54
Share of workforce involved in the ICT sector
..
(o) 5.71
..
..
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.
n
Estimated. Data refers to 2016.
o
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: 05 January 2022