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Belgium

Belgium : economy statistics and industry reports

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

Imports

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

Exports

$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.)

Population

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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Belgium

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 August 2015 Updater

Country Forecast Belgium August 2015 Updater

  • $ 635
  • Country report
  • August 2015
  • by The Economist Intelligence Unit

The political weight of devolutionist and separatist parties makes Belgium one of the less stable EU member states. However, we expect the main Flemish separatist party, the New-Flemish Alliance (N-VA), ...

  • Countries : Belgium

Dun and Bradstreet (Altares)

D&B Country Insight Report: Belgium

D&B Country Insight Report: Belgium

  • $ 650
  • Country report
  • June 2015
  • by Dun and Bradstreet (Altares)

Report Summary If you are involved in cross-border business, developing relationships or identifying opportunities overseas, you are exposed to the risk associated with a country’s overall political, ...

  • Countries : World, Belgium

ISA

Belgium - ISA Country Report

Belgium - ISA Country Report

  • $ 99
  • Country report
  • July 2015
  • 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

Oxford Economics

Country Economic Forecasts > Belgium

Country Economic Forecasts > Belgium

  • $ 185
  • Country report
  • June 2015
  • by Oxford Economics

GDP expanded 0.3% over the previous quarter in Q1, thus continuing the trend of steady growth that has been in place since 2013. Accordingly, our forecasts for economic growth for this year and next are ...

  • Countries : Belgium

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