Economy of Belgium

Imports

Imports commoditiesraw materials, machinery and equipment, chemicals, raw diamonds, pharmaceuticals, foodstuffs, transportation equipment, oil products

Import partnersNetherlands 20.9%, Germany 14.2%, France 10.6%, US 6.1%, UK 5.5%, Ireland 4.4% (2012)

Exports

Exports commoditiesmachinery and equipment, chemicals, finished diamonds, metals and metal products, foodstuffs

Export partnersGermany 18%, France 16.1%, Netherlands 13%, UK 7.3%, US 5.3%, Italy 4.4% (2012)

Economy sectors

Agriculture productssugar beets, fresh vegetables, fruits, grain, tobacco; beef, veal, pork, milk

Industrial productsengineering and metal products, motor vehicle assembly, transportation equipment, scientific instruments, processed food and beverages, chemicals, basic metals, textiles, glass, petroleum

Economy

Unemployment Rate (not seasonally adjusted)8.50 % (2013-11)8.50 % (2013-10)8.60 % (2013-09)8.70 % (2013-08)8.70 % (2013-07)8.00 % (2013-06)

Unemployment Rate (not seasonally adjusted) of Belgium

Unemployment Rate (seasonally adjusted)8.50 % (2014-05)8.50 % (2014-04)8.40 % (2014-03)8.40 % (2014-02)8.40 % (2014-01)8.40 % (2013-12)8.50 % (2013-11)8.50 % (2013-10)8.50 % (2013-09)8.50 % (2013-08)8.50 % (2013-07)8.40 % (2013-06)

Unemployment Rate (seasonally adjusted) of Belgium

Reserves of foreign exchange and gold30.8 Billion $ (2012)29.4 Billion $ (2011)26.8 Billion $ (2010)

Reserves of foreign exchange and gold of Belgium

Harmonized Indices of Consumer Prices0.80 Percentage change m/m-12 (2014-05)0.90 Percentage change m/m-12 (2014-04)0.90 Percentage change m/m-12 (2014-03)1.00 Percentage change m/m-12 (2014-02)1.10 Percentage change m/m-12 (2014-01)1.20 Percentage change m/m-12 (2013-12)0.90 Percentage change m/m-12 (2013-11)0.70 Percentage change m/m-12 (2013-10)1.00 Percentage change m/m-12 (2013-09)1.10 Percentage change m/m-12 (2013-08)1.60 Percentage change m/m-12 (2013-07)

Harmonized Indices of Consumer Prices of Belgium

Inflation1.30 % (2013)2.60 % (2012)3.50 % (2011)

Unemployment8.80 % (2013)7.60 % (2012)7.20 % (2011)

GDP - Official Exchange Rate507 Billion $ (2013)477 Billion $ (2012)513 Billion $ (2011)

GDP growth rate0.10 % (2013)-0.30 % (2012)1.80 % (2011)

GDP per Capita (PPP)37,800 $ (2013)37,500 $ (2012)38,400 $ (2011)

GDP - Purchasing Power Parity422 Billion $ (2013)416 Billion $ (2012)421 Billion $ (2011)

GDP - Purchasing Power Parity of Belgium

GDP PPP per land area13.8 Million $ per square kilometer (2013)13.6 Million $ per square kilometer (2012)13.8 Million $ per square kilometer (2011)

Electricity

Electricity - installed generating capacity18.3 Million kW

Banking

Central bank discount rate0.75 % (2013)1.50 % (2012)1.75 % (2010)

Commercial bank prime lending rate3.50 % (2013)3.62 % (2012)3.93 % (2011)

Commercial bank prime lending rate of Belgium

GDP decomposition by sector

Agriculture % of GDP0.80 % (2013)0.80 % (2012)

Industry % of GDP22.6 % (2013)22.2 % (2012)

Services % of GDP76.6 % (2013)76.9 % (2012)

Tourism

International tourism, number of arrivals7.59 Million (2012)7.49 Million (2011)7.19 Million (2010)

International tourism, number of departures9.58 Million (2012)9.73 Million (2011)8.80 Million (2010)

International tourism, number of departures of Belgium

Yearly Tourist arrivals to residents ratio72.7 % (2012)71.8 % (2011)65.8 % (2010)

Yearly Tourist arrivals to residents ratio of Belgium

Debt, Current Account Balance and Budget Deficit

Public debt (Percentage of GDP)102 % of GDP (2013)99.6 % of GDP (2012)98.0 % of GDP (2011)

Public debt (Percentage of GDP) of Belgium

Budget surplus (+) or deficit (-)-4.20 % of GDP

Current Account Balance (Percentage of GDP)-2.01 % of GDP (2012)-1.06 % of GDP (2011)1.80 % of GDP (2010)

Current Account Balance (Percentage of GDP) of Belgium

Current Account Balance (Total)-9.10 Billion $ (2013)-6.65 Billion $ (2012)-3.71 Billion $ (2011)

Current Account Balance (Total) of Belgium

External Debt (Total)1.42 Trillion $ (2012)1.40 Trillion $ (2011)1.24 Trillion $ (2010)

External Debt (Percentage of GDP)298 % of GDP (2012)273 % of GDP (2011)266 % of GDP (2010)

External Debt (Percentage of GDP) of Belgium

External Debt per Capita136 Thousand $ (2012)134 Thousand $ (2011)114 Thousand $ (2010)