Belgium Nominal GDP
Key information about Belgium Nominal GDP
- Belgium Nominal GDP reached 153.8 USD bn in Mar 2023, compared with 142.8 USD bn in the previous quarter.
- Nominal GDP in Belgium is updated quarterly, available from Mar 1980 to Mar 2023, with an average number of 69.3 USD bn.
- The data reached an all-time high of 153.8 USD bn in Mar 2023 and a record low of 18.4 USD bn in Mar 1985.
CEIC converts quarterly Nominal GDP into USD. The National Bank of Belgium provides Nominal GDP in EUR based on ESA 2010. Federal Reserve Board average market exchange rate is used for currency conversions. Nominal GDP prior to Q1 1995 is based on ESA 1995.
Related information about Belgium Nominal GDP
- In the latest reports, Belgium GDP expanded 1.3 % YoY in Mar 2023.
- Its GDP deflator (implicit price deflator) increased 5.4 % in Mar 2023.
- Belgium GDP Per Capita reached 49,392.7 USD in Dec 2022.
- Its Gross Savings Rate was measured at 22.8 % in Dec 2022.
- For Nominal GDP contributions, Investment accounted for 26.1 % in Mar 2023.
- Public Consumption accounted for 24.6 % in Mar 2023.
- Private Consumption accounted for 49.8 % in Mar 2023.
View Belgium's Nominal GDP from Mar 1980 to Mar 2023 in the chart:
What was Belgium's Nominal GDP in Mar 2023?
Belgium Nominal GDP reached 153.8 USD bn in Mar 2023, compared with 142.8 USD bn in the previous quarter. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
153,814.1 Mar 2023 | 142,837.5 Dec 2022 | 18,383.5 Mar 1985 | 153,814.1 Mar 2023 | USD mn | quarterly | Mar 1980 - Mar 2023 |
Nominal GDP by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (USD mn) | 1,020.5 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
Algeria (USD mn) | 49,686.2 Sep 2022 | quarterly | Mar 1999 - Sep 2022 |
Argentina (USD mn) | 161,468.8 Sep 2022 | quarterly | Mar 1993 - Sep 2022 |
Armenia (USD mn) | 4,555.0 Mar 2023 | quarterly | Dec 1994 - Mar 2023 |
Australia (USD mn) | 440,146.9 Mar 2023 | quarterly | Sep 1959 - Mar 2023 |
Austria (USD mn) | 117,117.1 Dec 2022 | quarterly | Mar 1988 - Dec 2022 |
Azerbaijan (USD mn) | 20,960.0 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
Bahrain (USD mn) | 11,004.5 Dec 2022 | quarterly | Mar 2007 - Dec 2022 |
Bangladesh (USD mn) | 460,199.8 2022 | yearly | 1960 - 2022 |
Belarus (USD mn) | 16,878.2 Mar 2023 | quarterly | Mar 1994 - Mar 2023 |
Belgium (USD mn) | 153,814.1 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Bolivia (USD mn) | 10,724.0 Sep 2022 | quarterly | Mar 1990 - Sep 2022 |
Bosnia and Herzegovina (USD mn) | 6,170.0 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
Botswana (USD mn) | 5,136.2 Mar 2023 | quarterly | Sep 1993 - Mar 2023 |
Brazil (USD mn) | 486,069.0 Mar 2023 | quarterly | Mar 1990 - Mar 2023 |
Brunei (USD mn) | 4,130.1 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
Bulgaria (USD mn) | 24,538.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Cambodia (USD mn) | 39,490.8 2022 | yearly | 1993 - 2022 |
Canada (USD mn) | 513,543.5 Dec 2022 | quarterly | Mar 1957 - Dec 2022 |
Chile (USD mn) | 69,075.0 Sep 2022 | quarterly | Mar 1990 - Sep 2022 |
China (USD mn) | 4,166,759.1 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
Colombia (USD mn) | 79,499.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
Croatia (USD mn) | 17,564.7 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Cyprus (USD mn) | 7,631.5 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Czech Republic (USD mn) | 72,034.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Denmark (USD mn) | 96,987.7 Dec 2022 | quarterly | Mar 1990 - Dec 2022 |
Ecuador (USD mn) | 29,334.6 Sep 2022 | quarterly | Mar 1991 - Sep 2022 |
Egypt (USD mn) | 108,969.4 Dec 2022 | quarterly | Sep 2001 - Dec 2022 |
Estonia (USD mn) | 9,214.3 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
European Union (USD mn) | 4,141,831.0 Dec 2022 | quarterly | Mar 1999 - Dec 2022 |
Finland (USD mn) | 73,976.2 Mar 2023 | quarterly | Mar 1990 - Mar 2023 |
France (USD mn) | 689,415.2 Dec 2022 | quarterly | Mar 1957 - Dec 2022 |
Georgia (USD mn) | 8,067.4 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
Germany (USD mn) | 1,072,807.2 Mar 2023 | quarterly | Mar 1960 - Mar 2023 |
Ghana (USD mn) | 17,859.8 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
Greece (USD mn) | 50,731.1 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
Hong Kong SAR, China (USD mn) | 94,469.6 Dec 2022 | quarterly | Mar 1973 - Dec 2022 |
Hungary (USD mn) | 42,734.0 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Iceland (USD mn) | 7,161.1 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
India (USD mn) | 873,666.0 Mar 2023 | quarterly | Jun 1996 - Mar 2023 |
Indonesia (USD mn) | 328,642.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Iran (USD mn) | 429,426.7 Mar 2022 | quarterly | Jun 1988 - Mar 2022 |
Ireland (USD mn) | 133,294.5 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Israel (USD mn) | 133,411.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Italy (USD mn) | 538,664.9 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Ivory Coast (USD mn) | 11,011.3 Sep 2022 | quarterly | Mar 1997 - Sep 2022 |
Japan (USD mn) | 991,864.7 Dec 2022 | quarterly | Mar 1957 - Dec 2022 |
Jordan (USD mn) | 11,474.4 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
Kazakhstan (USD mn) | 76,997.7 Dec 2022 | quarterly | Mar 1994 - Dec 2022 |
Kenya (USD mn) | 26,869.9 Sep 2022 | quarterly | Mar 2009 - Sep 2022 |
South Korea (USD mn) | 429,247.3 Mar 2023 | quarterly | Mar 1960 - Mar 2023 |
Kosovo (USD mn) | 2,609.3 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
Kuwait (USD mn) | 27,984.3 Dec 2020 | quarterly | Mar 2010 - Dec 2020 |
Kyrgyzstan (USD mn) | 2,120.3 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
Laos (USD mn) | 15,362.5 2022 | yearly | 1984 - 2022 |
Latvia (USD mn) | 10,411.8 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Lebanon (USD mn) | 63,482.3 2020 | yearly | 1997 - 2020 |
Lithuania (USD mn) | 19,049.1 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Luxembourg (USD mn) | 22,027.3 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Macau SAR, China (USD mn) | 6,008.2 Dec 2022 | quarterly | Mar 1998 - Dec 2022 |
North Macedonia (USD mn) | 3,828.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
Malawi (USD mn) | 10,862.6 2019 | yearly | 1960 - 2019 |
Malaysia (USD mn) | 102,217.9 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
Malta (USD mn) | 4,614.7 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
Mauritius (USD mn) | 3,723.6 Dec 2022 | quarterly | Mar 1999 - Dec 2022 |
Mexico (USD mn) | 372,043.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Moldova (USD mn) | 3,863.7 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Mongolia (USD mn) | 3,889.7 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
Montenegro (USD mn) | 1,835.8 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
Morocco (USD mn) | 33,460.2 Sep 2022 | quarterly | Mar 1990 - Sep 2022 |
Mozambique (USD mn) | 15,777.0 2021 | yearly | 1963 - 2021 |
Myanmar (USD mn) | 66,719.6 2018 | yearly | 2001 - 2018 |
Nepal (USD mn) | 40,828.2 2022 | yearly | 2001 - 2022 |
Netherlands (USD mn) | 272,109.1 Mar 2023 | quarterly | Mar 1988 - Mar 2023 |
New Zealand (USD mn) | 58,483.4 Dec 2022 | quarterly | Jun 1987 - Dec 2022 |
Nigeria (USD mn) | 111,302.5 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
Norway (USD mn) | 133,727.8 Dec 2022 | quarterly | Mar 1978 - Dec 2022 |
Oman (USD mn) | 27,116.8 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
Pakistan (USD mn) | 341,308.8 2023 | yearly | 2000 - 2023 |
Palestinian Territory (USD mn) | 4,747.2 Sep 2022 | quarterly | Mar 2000 - Sep 2022 |
Panama (USD mn) | 18,056.7 Sep 2022 | quarterly | Mar 2007 - Sep 2022 |
Paraguay (USD mn) | 10,371.6 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
Peru (USD mn) | 60,278.3 Mar 2023 | quarterly | Mar 1979 - Mar 2023 |
Philippines (USD mn) | 112,472.0 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
Poland (USD mn) | 188,184.3 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Portugal (USD mn) | 60,609.1 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
Qatar (USD mn) | 62,753.6 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
Romania (USD mn) | 84,896.6 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Russia (USD mn) | 677,540.7 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Saudi Arabia (USD mn) | 272,995.3 Dec 2022 | quarterly | Mar 2003 - Dec 2022 |
Serbia (USD mn) | 17,095.0 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Singapore (USD mn) | 120,606.6 Mar 2023 | quarterly | Mar 1975 - Mar 2023 |
Slovakia (USD mn) | 31,651.0 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Slovenia (USD mn) | 15,628.1 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
South Africa (USD mn) | 98,826.0 Sep 2022 | quarterly | Mar 1960 - Sep 2022 |
Spain (USD mn) | 377,281.4 Mar 2023 | quarterly | Mar 1970 - Mar 2023 |
Sri Lanka (USD mn) | 17,949.0 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
Sudan (USD mn) | 30,863.0 2021 | yearly | 1960 - 2021 |
Sweden (USD mn) | 145,310.7 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Switzerland (USD mn) | 201,987.0 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
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Learn more about what we doBelgium Key Series
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 2.896 2029 | yearly | 1980 - 2029 |
Trade Balance (USD mn) | 1,658.0 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
Total Exports (USD mn) | 41,522.6 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
Total Exports Growth (%) | -8.4 Aug 2024 | monthly | Jan 1994 - Aug 2024 |
Aluminum: Exports (USD th) | 1,886,870.449 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 30,923,437.457 2023 | yearly | 1995 - 2023 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 30,898,012.136 2023 | yearly | 1995 - 2023 |
Total Imports (USD mn) | 39,864.6 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
Total Imports Growth (%) | -9.9 Aug 2024 | monthly | Jan 1994 - Aug 2024 |
Imports: Medicament (USD th) | 26,933,716.202 2023 | yearly | 1995 - 2023 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 28,084,086.815 2023 | yearly | 1995 - 2023 |
Total Exports to USA (USD mn) | 2,592.901 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Total Imports from USA (USD mn) | 1,835.448 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Total Exports to China (USD mn) | 581.450 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Total Imports from China (USD mn) | 1,329.752 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Trade Balance: National Concept (EUR mn) | 109.300 Aug 2024 | monthly | Jan 1995 - Aug 2024 |
Imports: National Concept (EUR mn) | 24,735.600 Aug 2024 | monthly | Jan 1995 - Aug 2024 |
Exports: National Concept (EUR mn) | 24,844.900 Aug 2024 | monthly | Jan 1995 - Aug 2024 |
Exports: NC: HS: Metals (EUR mn) | 2,220.603 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Exports: NC: HS: Textiles (EUR mn) | 521.044 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Exports: NC: HS: Agriculture: Food, Beverages & Tobacco (FB) (EUR mn) | 2,240.027 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Exports: NC: HS: Machinery & Electrical Equipment (EUR mn) | 2,788.941 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Exports: NC: HS: Chemical Products (EUR mn) | 8,052.512 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Exports: NC: HS: Plastics & Rubber (EUR mn) | 2,005.401 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Exports: National Concept: European Union: Netherlands (EUR mn) | 3,753.964 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Exports: National Concept: America: USA (EUR mn) | 2,390.431 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Exports: National Concept: European Union: Germany (EUR mn) | 4,566.133 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Exports: National Concept: European Union: France (EUR mn) | 3,955.163 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Imports: NC: HS: Plastics & Rubber (EUR mn) | 1,246.246 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Imports: NC: HS: Chemical Products (EUR mn) | 5,725.831 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Imports: NC: HS: Metals (EUR mn) | 1,927.411 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Imports: NC: HS: Agriculture: Food, Beverages & Tobacco (FB) (EUR mn) | 1,613.704 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Imports: NC: HS: Machinery & Electrical Equipment (EUR mn) | 3,656.907 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Imports: NC: HS: Textiles (EUR mn) | 596.989 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Imports: National Concept: America: USA (EUR mn) | 1,692.125 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Imports: National Concept: European Union: Netherlands (EUR mn) | 6,589.439 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Imports: National Concept: European Union: Germany (EUR mn) | 3,628.600 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Imports: National Concept: European Union: France (EUR mn) | 3,084.244 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Imports Unit Value Index: National Concept (2000=100) | 178.820 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Imports Volume Index: National Concept (2000=100) | 88.220 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Imports Value Index: National Concept (2000=100) | 157.750 Jul 2024 | monthly | Jan 1995 - Jul 2024 |
Import Value Index (2015=100) | 135.863 2021 | yearly | 1995 - 2021 |
Export Value Index (2015=100) | 137.406 2021 | yearly | 1995 - 2021 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 0.6 Mar 2024 | quarterly | Mar 2007 - Mar 2024 |
Household Debt: % of GDP (%) | 59.3 Jun 2024 | quarterly | Dec 1992 - Jun 2024 |
Non-Performing Loans (USD mn) | 2,374.021 Apr 2024 | monthly | Jan 2007 - Apr 2024 |
Money Supply M1 (USD mn) | 272,049.449 Sep 2024 | monthly | Dec 1996 - Sep 2024 |
Money Supply M2 (USD mn) | 732,449.397 Sep 2024 | monthly | Dec 1996 - Sep 2024 |
M2 Growth (%) | 6.0 Sep 2024 | monthly | Dec 1997 - Sep 2024 |
Reserve Requirement Ratio (%) | 1.0 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
Foreign Exchange Reserves (USD mn) | 5,300.0 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Foreign Exchange Reserves: % of GDP (%) | 1.258 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 0.2 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
Gold Reserves (USD mn) | 20,200.000 Oct 2024 | monthly | Dec 1956 - Oct 2024 |
Total Deposits (USD mn) | 1,518,280.001 Sep 2024 | monthly | Dec 1996 - Sep 2024 |
Total Deposits Growth (%) | 3.9 Sep 2024 | monthly | Dec 1997 - Sep 2024 |
Domestic Credit (USD mn) | 817,863.8 Jul 2024 | monthly | Jan 1999 - Jul 2024 |
Domestic Credit Growth (%) | -0.3 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Debt Service Ratio: Households (%) | 6.500 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Debt Service Ratio: Private Non-Financial Sector (%) | 18.100 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Credit to Households (USD bn) | 378.301 Dec 2023 | quarterly | Dec 1980 - Dec 2023 |
Credit to Private Non-Financial Sector (USD bn) | 1,219.760 Dec 2023 | quarterly | Dec 1970 - Dec 2023 |
Household Debt (USD mn) | 365,548.5 Dec 2022 | quarterly | Dec 1992 - Dec 2022 |
Total Loans (USD mn) | 846,478.621 Dec 2023 | quarterly | Jun 2006 - Dec 2023 |
Total Loans Growth (%) | 2.13 Dec 2023 | quarterly | Jun 2007 - Dec 2023 |
Private Debt: % of Nominal GDP (%) | 69.25 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Monetary Agg in Euro Area: BC: M3 excl Currency in Circulation (EUR bn) | 705.700 Sep 2024 | monthly | Dec 1996 - Sep 2024 |
Official Reserve Assets (EUR mn) | 38,205.000 Sep 2024 | monthly | Jan 2013 - Sep 2024 |
Official Reserve Assets: Monetary Gold (EUR mn) | 8,489.000 Feb 2019 | monthly | Jan 2013 - Feb 2019 |
Gross International Reserves (USD bn) | 43.100 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Gross International Reserves: Gold (USD bn) | 20.200 Oct 2024 | monthly | Dec 1990 - Oct 2024 |
Consumer Credit: Outstanding Amount (EUR mn) | 27,955.000 Jun 2023 | semiannually | Jun 1980 - Jun 2023 |
MFIs Loans: Outstanding Amounts (OA) (EUR mn) | 947,250.000 Sep 2024 | monthly | Sep 1997 - Sep 2024 |
Deposits: Households: Outstanding Amounts (EUR mn) | 434,102.000 Sep 2024 | monthly | Dec 1998 - Sep 2024 |
Deposits: Non Financial Corporations (NF): Outstanding Amounts (EUR mn) | 141,702.000 Sep 2024 | monthly | Dec 1998 - Sep 2024 |
Deposits: Financial Intermediaries (FI): Outstanding Amounts (EUR mn) | 43,071.000 Sep 2024 | monthly | Dec 1998 - Sep 2024 |
Credit Inst Loans: Households (HH): Outstanding Amounts (OA) (EUR mn) | 257,016.000 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
Credit Inst Loans: Non Financial Corporations (NF): Outstanding Amounts (EUR mn) | 149,152.000 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
Credit Inst Loans: Financial Intermediaries (FI): Outstanding Amounts (EUR mn) | 52,353.000 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
Non Performing Loans: Individuals: Outstanding Overdue Credits (EUR th) | 2,222,034.270 Apr 2024 | monthly | Jan 2007 - Apr 2024 |
Mortgage Credits (EUR mn) | 2,730.000 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | -0.4 Oct 2024 | monthly | Jan 1981 - Oct 2024 |
More Indicators for Belgium
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