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Belgium GDP Growth

Annual percentage growth rate of GDP  NY.GDP.MKTP.KD.ZG

Belgium's gdp growth was 1.07% in 2025, ranked 158th globally. This represents a 0.5% decrease from 2024. Data from World Bank, covering 1961–2025.

1.07% −0.01pp (-0.5%)
Year 2025 Rank #158 Global Peak 6.96% (1964) Source World Bank

Belgium GDP Growth (1961–2025)

Overview

Belgium's gdp growth stood at 1.07% in 2025, a decline of +0.01pp from 2024. The IMF projects 1.07% by 2025. Belgium ranked 158th globally.

Belgium’s real GDP growth has moderated considerably since its post‑war expansion, slipping from a 1964 peak of 6.96% to a 2020 trough of –4.79% before recovering to 1.06% in 2025, a rate that places the country 158th globally. The 65‑year series shows a long‑term decline in volatility, with the most recent figure barely above the growth rates of peers such as Japan (1.08%) and Latvia (1.03%). The 2025 performance reflects a modest rebound after the pandemic‑induced contraction, yet it remains well below the 1961 level of 4.98%, indicating structural headwinds such as ageing demographics and slower productivity gains. Continued investment in high‑value sectors and a favourable external demand environment could lift Belgium’s growth trajectory, while adverse shocks to global trade or fiscal tightening would likely dampen the modest upward trend.

Data & projection

Year GDP Growth YoY change Rank
2030* IMF 1.29% - -
2029* IMF 1.26% - -
2028* IMF 1.20% - -
2027* IMF 1.26% - -
2026* IMF 0.98% - -
2025* IMF 1.07% - -
2025 1.07% −0.01pp #158
2024 1.07% −0.13pp #163
2023 1.71% −2.55pp #142
2022 3.96% −2.25pp #118
2021 6.25% +11.05pp #81
2020 -4.79% −7.24pp #119
2019 2.44% +0.56pp #114
2018 1.88% +0.40pp #150
2017 1.47% +0.28pp #161
2016 1.19% −0.28pp #168
2015 1.47% −0.29pp #149
2014 1.77% +1.46pp #149
2013 0.31% +0.09pp #172
2012 0.22% −1.72pp #157
2011 1.93% −0.78pp #147
Show all years (1961-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +25.8% GDP growth 6.3% C/A balance 1.9%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Belgium matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp growth improve within 24 months. View full analysis →

Frequently Asked Questions

What is Belgium's gdp growth?▾

Belgium's gdp growth was 1.07% in 2025. Ranked 158th globally. This represents a 0.5% decrease from the previous year.

What was the highest gdp growth in Belgium?▾

Belgium's gdp growth peaked at 6.96% in 1964.

What was the lowest gdp growth in Belgium?▾

The lowest gdp growth in Belgium was -4.79% in 2020.

How does Belgium rank in gdp growth?▾

Belgium ranks 158th globally in gdp growth as of 2025.

What is the World Bank indicator code for gdp growth?▾

The World Bank indicator code is NY.GDP.MKTP.KD.ZG. Data sourced from World Bank.

What is the projected gdp growth of Belgium in 2025?▾

Belgium's gdp growth is projected to reach 1.07% by 2025 based on IMF projection.

What is the gdp growth of Belgium in 2025?▾

The gdp growth of Belgium in 2025 was 1.07%. This ranks 158th in the world.

Cite this page

APA
Belgium GDP Growth. HistorySaid. Retrieved November 1, 2026, from https://historysaid.com/belgium/gdp-growth/
BibTeX
@misc{historysaid_belgium_gdp-growth, title = {Belgium GDP Growth}, url = {https://historysaid.com/belgium/gdp-growth/}, publisher = {HistorySaid}, year = {2026} }
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