Belgium Nominal GDP Growth
1981 - 2024 | Quarterly | % | CEIC Data
Key information about Belgium Nominal GDP Growth
- Belgium Nominal GDP Growth was reported at 3.683 % in Dec 2024.
- This records an increase from the previous number of 3.401 % for Sep 2024.
- Belgium Nominal GDP Growth data is updated quarterly, averaging 4.422 % from Mar 1981 to Dec 2024, with 176 observations.
- The data reached an all-time high of 17.637 % in Jun 2021 and a record low of -11.073 % in Jun 2020.
- Belgium Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
- The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.
CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The National Bank of Belgium provides Nominal GDP in EUR based on ESA 2010. Nominal GDP Growth prior to Q1 1996 is based on ESA 1995.
View Belgium's Nominal GDP Growth from Mar 1981 to Dec 2024 in the chart:
What was Belgium's Nominal GDP Growth in Dec 2024?
Belgium Nominal GDP Growth was reported at 3.683 % in Dec 2024. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 3.683 Dec 2024 | 3.401 Sep 2024 | -11.073 Jun 2020 | 17.637 Jun 2021 | % | quarterly | Mar 1981 - Dec 2024 |
Nominal GDP Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 6.526 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Algeria (%) | 3.990 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Argentina (%) | 208.098 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Armenia (%) | 5.482 Dec 2024 | quarterly | Dec 1995 - Dec 2024 |
| Australia (%) | 3.708 Dec 2024 | quarterly | Sep 1960 - Dec 2024 |
| Austria (%) | 1.931 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Azerbaijan (%) | 5.817 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Bahrain (%) | -0.880 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Bangladesh (%) | 11.397 2024 | yearly | 2007 - 2024 |
| Belarus (%) | 13.274 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Belgium (%) | 3.683 Dec 2024 | quarterly | Mar 1981 - Dec 2024 |
| Bolivia (%) | 6.158 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Bosnia and Herzegovina (%) | 1.927 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Botswana (%) | 0.082 Sep 2024 | quarterly | Sep 1994 - Sep 2024 |
| Brazil (%) | 9.591 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Brunei (%) | -2.064 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Bulgaria (%) | 7.546 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Cambodia (%) | 8.798 2022 | yearly | 1994 - 2022 |
| Canada (%) | 4.311 Sep 2024 | quarterly | Mar 1958 - Sep 2024 |
| Chile (%) | 9.139 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| China (%) | 4.619 Dec 2024 | quarterly | Mar 1993 - Dec 2024 |
| Colombia (%) | 10.746 Dec 2024 | quarterly | Mar 2001 - Dec 2024 |
| Croatia (%) | 8.770 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Cyprus (%) | 5.817 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Czech Republic (%) | 5.594 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Denmark (%) | 9.999 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Ecuador (%) | 2.842 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
| Egypt (%) | 37.605 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| Estonia (%) | 4.892 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| European Union (%) | 4.145 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Finland (%) | 2.813 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| France (%) | 2.432 Dec 2024 | quarterly | Mar 1950 - Dec 2024 |
| Georgia (%) | 15.756 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
| Germany (%) | 2.271 Dec 2024 | quarterly | Mar 1961 - Dec 2024 |
| Ghana (%) | 30.729 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Greece (%) | 5.578 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Hong Kong SAR, China (%) | 5.347 Dec 2024 | quarterly | Mar 1974 - Dec 2024 |
| Hungary (%) | 6.537 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Iceland (%) | 8.481 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| India (%) | 9.912 Dec 2024 | quarterly | Jun 1997 - Dec 2024 |
| Indonesia (%) | 7.020 Dec 2024 | quarterly | Mar 1994 - Dec 2024 |
| Iran (%) | 35.070 Mar 2024 | quarterly | Jun 1989 - Mar 2024 |
| Ireland (%) | 10.478 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Israel (%) | 11.169 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Italy (%) | 2.632 Dec 2024 | quarterly | Mar 1981 - Dec 2024 |
| Ivory Coast (%) | 681.695 Mar 2023 | quarterly | Mar 1998 - Mar 2023 |
| Japan (%) | 4.112 Dec 2024 | quarterly | Mar 1981 - Dec 2024 |
| Jordan (%) | 4.600 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Kazakhstan (%) | 15.632 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Kenya (%) | 8.271 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| South Korea (%) | 5.415 Dec 2024 | quarterly | Mar 1961 - Dec 2024 |
| Kosovo (%) | 6.248 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Kuwait (%) | 3.246 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Kyrgyzstan (%) | 31.765 Dec 2024 | quarterly | Mar 2001 - Dec 2024 |
| Laos (%) | 23.128 2023 | yearly | 1985 - 2023 |
| Latvia (%) | 2.787 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Lebanon (%) | 19.333 2020 | yearly | 1998 - 2020 |
| Lithuania (%) | 5.808 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Luxembourg (%) | 4.729 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Macau SAR, China (%) | 2.983 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| North Macedonia (%) | 6.039 Dec 2024 | quarterly | Mar 2001 - Dec 2024 |
| Malawi (%) | 31.544 2023 | yearly | 2003 - 2023 |
| Malaysia (%) | 5.497 Dec 2024 | quarterly | Mar 1992 - Dec 2024 |
| Malta (%) | 5.660 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Mauritius (%) | 9.785 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Mexico (%) | 6.870 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Moldova (%) | 5.567 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Mongolia (%) | 7.942 Dec 2024 | quarterly | Mar 2001 - Dec 2024 |
| Montenegro (%) | 5.713 Dec 2024 | quarterly | Mar 2011 - Dec 2024 |
| Morocco (%) | 5.964 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Mozambique (%) | 11.026 2023 | yearly | 1964 - 2023 |
| Nepal (%) | 6.662 2024 | yearly | 2002 - 2024 |
| Netherlands (%) | 6.420 Dec 2024 | quarterly | Mar 1989 - Dec 2024 |
| New Zealand (%) | 1.644 Sep 2024 | quarterly | Jun 1988 - Sep 2024 |
| Nigeria (%) | 18.914 Dec 2024 | quarterly | Mar 2011 - Dec 2024 |
| Norway (%) | 2.150 Dec 2024 | quarterly | Mar 1979 - Dec 2024 |
| Oman (%) | 3.409 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Pakistan (%) | 25.810 2024 | yearly | 2001 - 2024 |
| Palestinian Territory (%) | -26.929 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Panama (%) | 2.051 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Paraguay (%) | 6.257 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Peru (%) | 5.953 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
| Philippines (%) | 7.442 Dec 2024 | quarterly | Mar 1982 - Dec 2024 |
| Poland (%) | 7.752 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Portugal (%) | 10.841 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Qatar (%) | 1.759 Sep 2024 | quarterly | Mar 2012 - Sep 2024 |
| Romania (%) | 8.126 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Russia (%) | 19.527 Mar 2024 | quarterly | Mar 1994 - Mar 2024 |
| Saudi Arabia (%) | 0.801 Dec 2024 | quarterly | Mar 2004 - Dec 2024 |
| Serbia (%) | 8.792 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Singapore (%) | 6.963 Dec 2024 | quarterly | Mar 1976 - Dec 2024 |
| Slovakia (%) | 4.096 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Slovenia (%) | 3.637 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| South Africa (%) | 4.279 Dec 2024 | quarterly | Mar 1961 - Dec 2024 |
| Spain (%) | 5.880 Dec 2024 | quarterly | Mar 1971 - Dec 2024 |
| Sri Lanka (%) | 8.262 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
| Sudan (%) | 103.797 2020 | yearly | 1961 - 2020 |
| Sweden (%) | 4.155 Dec 2024 | quarterly | Mar 1981 - Dec 2024 |
| Switzerland (%) | 4.113 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Syria (%) | 113.698 2022 | yearly | 1971 - 2022 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
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) | 583.0 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
| Total Exports (USD mn) | 42,082.0 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
| Total Exports Growth (%) | -9.7 Nov 2024 | monthly | Jan 1994 - Nov 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) | 41,499.0 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
| Total Imports Growth (%) | -8.4 Nov 2024 | monthly | Jan 1994 - Nov 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) | 2,918.662 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| Total Imports from USA (USD mn) | 1,702.638 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Total Exports to China (USD mn) | 540.299 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| Total Imports from China (USD mn) | 972.411 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Trade Balance: National Concept (EUR mn) | 679.300 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Imports: National Concept (EUR mn) | 27,772.700 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Exports: National Concept (EUR mn) | 28,452.000 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Exports: NC: HS: Metals (EUR mn) | 2,436.179 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| Exports: NC: HS: Agriculture: Food, Beverages & Tobacco (FB) (EUR mn) | 2,523.192 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| Exports: NC: HS: Textiles (EUR mn) | 542.961 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| Exports: NC: HS: Machinery & Electrical Equipment (EUR mn) | 3,217.304 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| Exports: NC: HS: Chemical Products (EUR mn) | 8,903.787 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| Exports: NC: HS: Plastics & Rubber (EUR mn) | 2,021.334 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| Exports: National Concept: European Union: Netherlands (EUR mn) | 3,541.961 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Exports: National Concept: America: USA (EUR mn) | 1,886.675 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Exports: National Concept: European Union: Germany (EUR mn) | 4,541.680 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Exports: National Concept: European Union: France (EUR mn) | 3,467.546 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Imports: NC: HS: Plastics & Rubber (EUR mn) | 1,204.763 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Imports: NC: HS: Chemical Products (EUR mn) | 5,924.299 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Imports: NC: HS: Machinery & Electrical Equipment (EUR mn) | 3,982.782 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| Imports: NC: HS: Agriculture: Food, Beverages & Tobacco (FB) (EUR mn) | 1,595.583 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Imports: NC: HS: Textiles (EUR mn) | 632.556 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| Imports: NC: HS: Metals (EUR mn) | 1,898.015 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| Imports: National Concept: European Union: Germany (EUR mn) | 3,705.896 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Imports: National Concept: European Union: Netherlands (EUR mn) | 6,671.531 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Imports: National Concept: America: USA (EUR mn) | 1,603.086 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Imports: National Concept: European Union: France (EUR mn) | 3,247.899 Nov 2024 | monthly | Jan 1995 - Nov 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 (%) | 59.0 Sep 2024 | quarterly | Dec 1992 - Sep 2024 |
| Non-Performing Loans (USD mn) | 2,374.021 Apr 2024 | monthly | Jan 2007 - Apr 2024 |
| Money Supply M1 (USD mn) | 257,504.000 Jan 2025 | monthly | Dec 1996 - Jan 2025 |
| Money Supply M2 (USD mn) | 691,288.001 Jan 2025 | monthly | Dec 1996 - Jan 2025 |
| M2 Growth (%) | 5.9 Jan 2025 | monthly | Dec 1997 - Jan 2025 |
| Reserve Requirement Ratio (%) | 1.0 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Foreign Exchange Reserves (USD mn) | 5,200.0 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 0.783 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 0.1 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
| Gold Reserves (USD mn) | 19,100.000 Dec 2024 | monthly | Dec 1956 - Dec 2024 |
| Total Deposits (USD mn) | 1,454,243.442 Jan 2025 | monthly | Dec 1996 - Jan 2025 |
| Total Deposits Growth (%) | 3.1 Jan 2025 | monthly | Dec 1997 - Jan 2025 |
| Domestic Credit (USD mn) | 789,517.4 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Domestic Credit Growth (%) | 1.2 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Debt Service Ratio: Households (%) | 6.900 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 18.100 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Credit to Households (USD bn) | 371.169 Jun 2024 | quarterly | Dec 1980 - Jun 2024 |
| Credit to Private Non-Financial Sector (USD bn) | 1,175.495 Jun 2024 | quarterly | Dec 1970 - Jun 2024 |
| 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 (%) | 0.92 Sep 2024 | quarterly | Jun 2007 - Sep 2024 |
| Private Debt: % of Nominal GDP (%) | 67.10 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| Monetary Agg in Euro Area: BC: M3 excl Currency in Circulation (EUR bn) | 713.300 Jan 2025 | monthly | Dec 1996 - Jan 2025 |
| Official Reserve Assets (EUR mn) | 41,576.000 Jan 2025 | monthly | Jan 2013 - Jan 2025 |
| Official Reserve Assets: Monetary Gold (EUR mn) | 8,489.000 Feb 2019 | monthly | Jan 2013 - Feb 2019 |
| Gross International Reserves (USD bn) | 41.600 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Gross International Reserves: Gold (USD bn) | 19.100 Dec 2024 | monthly | Dec 1990 - Dec 2024 |
| Consumer Credit: Outstanding Amount (EUR mn) | 27,955.000 Jun 2023 | semiannually | Jun 1980 - Jun 2023 |
| MFIs Loans: Outstanding Amounts (OA) (EUR mn) | 944,138.000 Nov 2024 | monthly | Sep 1997 - Nov 2024 |
| Deposits: Households: Outstanding Amounts (EUR mn) | 439,146.000 Jan 2025 | monthly | Dec 1998 - Jan 2025 |
| Deposits: Non Financial Corporations (NF): Outstanding Amounts (EUR mn) | 141,604.000 Jan 2025 | monthly | Dec 1998 - Jan 2025 |
| Deposits: Financial Intermediaries (FI): Outstanding Amounts (EUR mn) | 44,554.000 Jan 2025 | monthly | Dec 1998 - Jan 2025 |
| Credit Inst Loans: Financial Intermediaries (FI): Outstanding Amounts (EUR mn) | 53,915.000 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
| Credit Inst Loans: Households (HH): Outstanding Amounts (OA) (EUR mn) | 260,047.000 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
| Credit Inst Loans: Non Financial Corporations (NF): Outstanding Amounts (EUR mn) | 154,479.000 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
| Credit Institutions: Cons: Loans and Advances: excl Credit Institutions (EC) (EUR mn) | 774,828.000 Sep 2024 | quarterly | Jun 2006 - 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) | 3,404.000 Jan 2025 | monthly | Jan 1995 - Jan 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 2.9 Feb 2025 | monthly | Jan 1981 - Feb 2025 |
| Business Survey: sa: Construction: Carcasses: Trend: Activity (% Point) | -2.200 Nov 2024 | monthly | Jan 1980 - Nov 2024 |
| Business Survey: sa: Construction: Carcasses: Appraisal: Order Book (% Point) | -14.800 Feb 2025 | monthly | Jan 1980 - Feb 2025 |
| Business Survey: sa: Trade (% Point) | -9.700 Nov 2024 | monthly | Jan 1980 - Nov 2024 |
| Business Survey: Seasonally Adjusted (sa): Aggregate (% Point) | -11.100 Nov 2024 | monthly | Jan 1980 - Nov 2024 |
More Indicators for Belgium
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.