be Belgium 2019

Detailed economic analysis and indicators for 2019

Year 2019

Key Economic Indicators (2019)

GDP (Current USD)

$536.73 billion

↓ 1.09% vs 2018
GDP per Capita

$46,716.62

↓ 1.62% vs 2018
GDP Growth (Annual %)

2.44%

↑ 0.56pp vs 2018
Inflation Rate (CPI %)

1.44%

↓ 0.62pp vs 2018

Year-over-Year Comparison

Indicator 2018 2019 Change
GDP (Current USD) $542.64 billion $536.73 billion -1.09%
GDP per Capita $47,487.21 $46,716.62 -1.62%
GDP Growth (Annual %) 1.88% 2.44% +0.56pp
Inflation (CPI %) 2.05% 1.44% -0.62pp
Unemployment Rate (%) 5.94% 5.36% -0.58pp

All Economic Indicators (2019)

National Accounts
GDP (Current USD)
$536.73 billion
GDP per Capita
$46,716.62
GDP Growth (Annual %)
2.44%
Gross National Income
$541.05 billion
Prices & Employment
Inflation (CPI %)
1.44%
Inflation (GDP Deflator %)
1.85%
Unemployment Rate (%)
5.36%
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
0.12%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2019, Belgium's Gross Domestic Product (GDP) is $536.73 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Belgium for 2019 is $46,716.62. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Belgium for 2019 is 1.44%. This measures the annual percentage change in the cost of consumer goods and services.

Belgium's annual GDP growth rate for 2019 is 2.44%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Belgium for 2019 is 5.36%. This represents the percentage of the labor force that is unemployed and actively seeking employment.