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Belgium - ECONOMIC INDICATORS
Economic forecasts - General economic indicators - Investments - Foreign Trade


Economic forecasts


 
Indicators
2005
2006
GDP (USD billion)
364.985  
367.720  
Real GDP growth (constant prices)
1.2 % 
2.0 %
GDP per capita (USD)
35067.677  
35310.114  
Inflation rate
2.3 % 
1.9 % 
Source : IMF - 2005 data


General economic indicators

Indicators 2002 2003 2004
GDP (USD billion) 244.7   301.9   349.8  
Real GDP growth (constant prices) 0.7 % 1.1 % 2.9 %
GDP per capita (USD) 2239   22544   23134  
Inflation rate 1.6 % 1.6 % 2.1 %
Unemployment rate 6.9%   7.7%   7.4%  
External debt (USD billion) ..   ..   ..  
Euro rate on 12/31 (1 US$)   0.9541   0.7967   0.7552  
Sources : IMF - 2005 data, World bank, Oanda


GDP per activity sector 2002 2003 2004
Agriculture and fishing 1.3%   1.3%   ..  
Industry and mining 27.0%   26.5%     ..  
Services 71.7%   72.2%     ..  
Sources : World bank


Investments


FDI inflows (USD million) 2002 2003 2004 World rank
Foreign Direct Investments (F.D.I.) 15626   32098   34366   6 / 197
Source : UNCTAD "World Investment Report 2005 "


Foreign Trade


General indicators


Indicators (USD billion) 2002 2003 2004
Imports of goods (f.o.b.) 193   251   285  
Export of goods (f.o.b) 209   255   306  
Trade balance 16   4   21  
Balance of payments ..   ..   ..  
Sources : World bank, IMF


Indicators 2002 2003 2004
Share of foreign trade in GDP 164.1%   161.8%   ..  
Share of imports in GDP 80.2%   79.6%   ..  
Share of exports in GDP 83.9%   82.2%   ..  
Imports of goods and services (percent change) 1.2%   4.0%   ..  
Exports of goods and services (percent change) 1.0%   2.3%   ..  
Sources : World bank, IMF


Trade in goods/services by major category


2003 Imports Exports
Total Trade in Goods (USD billion):     251     255    
Agricultural raw materials 1%   1%  
Food products 9%   9%  
Hydrocarbons 9%   5%  
Manufactured products (chemicals, machines,...) 77%   80%  
Ores and metals 3%   2%  
Other goods 1%   3%  


2003 Imports Exports
Total Trade in Services (USD billion): 43   45  
Transport 21%   22%  
Tourisme 28%   18%  
Other services (insurance, financial services, telecommunications,...) 51%   60%  
Source : World Bank


Trade Data, by HS Code :
Source : www.intracen.org, last available data


Trade by partner countries



Main clients
(% of exports)
2004
Germany   19.8%  
France   17.2%  
Netherlands   11.7%  
United Kingdom   8.6%  
USA   6.5%  

Main suppliers
(% of imports)
2004
Germany   18.4%  
Netherlands   16.7%  
France   12.3%  
United Kingdom   6.8%  
Ireland   6.2%  
Source : COMTRADE


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Last modified in October 2005
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