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Belgium : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook


$355.1 billion (2011 est.)
$284.4 billion (2010 est.)


$344.9 billion (2011 est.)
$279.7 billion (2010 est.)

Inflation rate (consumer prices)

3.5% (2011 est.)
2.3% (2010 est.)

Unemployment rate

7.7% (2011 est.)
8.3% (2010 est.)

GDP - per capita (PPP)

$38,200 (2011 est.)
$37,900 (2010 est.)
$37,400 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

2.1% (2010 est.)
-2.7% (2009 est.)
0.8% (2008 est.)

Internet users

8.113 million (2009)

Telephones - mobile cellular

12.154 million (2009)

Population growth rate

0.061% (2012 est.)


10,438,353 (July 2012 est.)

Historical background

Belgium became independent from the Netherlands in 1830; it was occupied by Germany during World Wars I and II.

The country prospered in the past half century as a modern, technologically advanced European state and member of NATO and the EU.

Tensions between the Dutch-speaking Flemings of the north and the French-speaking Walloons of the south have led in recent years to constitutional amendments granting these regions formal recognition and autonomy.

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Economic overview

This modern, open, and private-enterprise-based economy has capitalized on its central geographic location, highly developed transport network, and diversified industrial and commercial base.

Industry is concentrated mainly in the more heavily-populated region of Flanders in the north.

With few natural resources, Belgium imports substantial quantities of raw materials and exports a large volume of manufactures, making its economy vulnerable to volatility in world markets, yet also able to benefit from them.

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The Economist Intelligence Unit

Country Forecast Belgium May 2016 Updater

Country Forecast Belgium May 2016 Updater

  • $ 635
  • Country report
  • May 2016
  • by The Economist Intelligence Unit

The political weight of devolutionist and separatist parties makes Belgium one of the less politically stable EU member states. However, The Economist Intelligence Unit expects the main Flemish separatist ...

  • Countries : Belgium


Belgium - ISA Country Report

Belgium - ISA Country Report

  • $ 99
  • Country report
  • February 2017
  • by ISA

This report contains detailed forecasts and analysis for Belgium, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...

  • Countries : Belgium


Country Analysis Report: Belgium, In-depth PESTLE Insights

Country Analysis Report: Belgium, In-depth PESTLE Insights

  • $ 350
  • Country report
  • July 2016
  • by MarketLine

Summary This PESTLE country analysis report on Belgium provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support ...

  • Countries : Belgium

Oxford Economics

Country Economic Forecasts > Belgium

Country Economic Forecasts > Belgium

  • $ 163
  • Country report
  • February 2017
  • by Oxford Economics

The Belgian economy ended 2016 on a positive note, with the first estimate of Q4 GDP growth at 0.4% q/q, up from 0.2% in Q3 and leading to a 1.2% yearly gain. At the same time, the unemployment rate decreased ...

  • Countries : Belgium

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