Belgium Labour Productivity Growth
2000 - 2024 | Quarterly | % | CEIC Data
Key information about Belgium Labour Productivity Growth
- Belgium Labour Productivity dropped by 0.41 % YoY in Dec 2024, compared with a growth of 0.84 % in the previous quarter
- Belgium Labour Productivity Growth data is updated quarterly, available from Mar 2000 to Dec 2024, averaging at 0.87 %
- The data reached an all-time high of 12.72 % in Jun 2021 and a record low of -10.37 % in Jun 2020
CEIC calculates Labour Productivity Growth from quarterly Real GDP and quarterly Employment. The National Bank of Belgium provides Real GDP in EUR, at chain linked 2020 prices. Directorate-General Statistics - Statistics Belgium provides Employment
View Belgium's Labour Productivity Growth from Mar 2000 to Dec 2024 in the chart:
What was Belgium's Labour Productivity Growth in Dec 2024?
Belgium Labour Productivity dropped by 0.41 % YoY in Dec 2024, compared with a growth of 0.84 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 0.41 Dec 2024 | 0.84 Sep 2024 | -10.37 Jun 2020 | 12.72 Jun 2021 | % | quarterly | Mar 2000 - Dec 2024 |
Labour Productivity Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 1.59 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
| Algeria (%) | 2.13 2023 | yearly | 1992 - 2023 |
| Argentina (%) | -4.29 2023 | yearly | 1992 - 2023 |
| Armenia (%) | 6.91 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Australia (%) | -1.36 Dec 2024 | quarterly | Jun 1979 - Dec 2024 |
| Austria (%) | -0.33 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Azerbaijan (%) | 3.56 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Bahrain (%) | -3.79 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
| Bangladesh (%) | 3.97 2023 | yearly | 1992 - 2023 |
| Belarus (%) | 3.86 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Belgium (%) | 0.41 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
| Bolivia (%) | 0.41 2023 | yearly | 2000 - 2023 |
| Bosnia and Herzegovina (%) | -0.91 2023 | yearly | 2007 - 2023 |
| Botswana (%) | 7.48 Dec 2022 | quarterly | Sep 2008 - Dec 2022 |
| Brazil (%) | 0.53 2024 | yearly | 1992 - 2024 |
| Brunei (%) | 1.40 2024 | yearly | 1992 - 2024 |
| Bulgaria (%) | 3.15 Dec 2024 | quarterly | Mar 2001 - Dec 2024 |
| Cambodia (%) | 1.04 2021 | yearly | 2008 - 2021 |
| Canada (%) | 0.47 Dec 2024 | quarterly | Mar 1977 - Dec 2024 |
| Chile (%) | -0.25 Sep 2024 | quarterly | Mar 1987 - Sep 2024 |
| China (%) | 5.84 2024 | yearly | 1953 - 2024 |
| Colombia (%) | 0.16 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Croatia (%) | -1.53 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Cyprus (%) | 0.27 Dec 2024 | quarterly | Jun 2005 - Dec 2024 |
| Czech Republic (%) | -0.23 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
| Denmark (%) | 2.65 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Ecuador (%) | 1.76 2023 | yearly | 1992 - 2023 |
| Egypt (%) | 2.27 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Estonia (%) | 0.98 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| European Union (%) | 0.67 Dec 2024 | quarterly | Mar 2006 - Dec 2024 |
| Finland (%) | 1.75 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| France (%) | -0.13 2023 | yearly | 1979 - 2023 |
| Georgia (%) | 3.72 2023 | yearly | 1997 - 2023 |
| Germany (%) | -0.38 Dec 2024 | quarterly | Mar 1992 - Dec 2024 |
| Ghana (%) | 0.45 2023 | yearly | 1992 - 2023 |
| Greece (%) | 1.34 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Hong Kong SAR, China (%) | 2.27 Dec 2024 | quarterly | Dec 1982 - Dec 2024 |
| Hungary (%) | 0.89 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| Iceland (%) | 0.23 Dec 2024 | quarterly | Mar 2004 - Dec 2024 |
| India (%) | 2.80 2022 | yearly | 1992 - 2022 |
| Indonesia (%) | 1.55 2024 | yearly | 2001 - 2024 |
| Iran (%) | 3.69 2023 | yearly | 1992 - 2023 |
| Ireland (%) | 6.43 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| Israel (%) | 5.35 Dec 2024 | quarterly | Mar 2013 - Dec 2024 |
| Italy (%) | 0.01 Dec 2024 | quarterly | Mar 1997 - Dec 2024 |
| Ivory Coast (%) | 3.26 2023 | yearly | 1992 - 2023 |
| Japan (%) | 0.41 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Jordan (%) | 1.17 2021 | yearly | 2001 - 2021 |
| Kazakhstan (%) | 3.91 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Kenya (%) | 0.50 2023 | yearly | 2011 - 2023 |
| South Korea (%) | 1.01 Dec 2024 | quarterly | Sep 1983 - Dec 2024 |
| Kosovo (%) | -6.22 Dec 2023 | quarterly | Mar 2017 - Dec 2023 |
| Kuwait (%) | 1.60 2018 | yearly | 1992 - 2018 |
| Kyrgyzstan (%) | 5.93 2023 | yearly | 1993 - 2023 |
| Laos (%) | 1.80 2023 | yearly | 1992 - 2023 |
| Latvia (%) | 0.85 Dec 2024 | quarterly | Mar 2003 - Dec 2024 |
| Lebanon (%) | 2.12 2023 | yearly | 1992 - 2023 |
| Lithuania (%) | 2.12 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Luxembourg (%) | 0.02 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Macau SAR, China (%) | 1.46 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| North Macedonia (%) | 1.27 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Malawi (%) | -1.72 2023 | yearly | 1992 - 2023 |
| Malaysia (%) | 2.41 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Malta (%) | -1.43 Dec 2024 | quarterly | Dec 2001 - Dec 2024 |
| Mauritius (%) | 5.39 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Mexico (%) | 0.33 Dec 2024 | quarterly | Jun 1996 - Dec 2024 |
| Moldova (%) | 1.56 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Mongolia (%) | 2.25 Dec 2024 | quarterly | Sep 2007 - Dec 2024 |
| Montenegro (%) | 4.92 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Morocco (%) | 4.95 2023 | yearly | 2000 - 2023 |
| Mozambique (%) | 2.10 2023 | yearly | 1992 - 2023 |
| Myanmar (%) | -43.15 2022 | yearly | 1992 - 2022 |
| Nepal (%) | 1.46 2023 | yearly | 1992 - 2023 |
| Netherlands (%) | 1.13 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| New Zealand (%) | -0.50 Sep 2024 | quarterly | Jun 1988 - Sep 2024 |
| Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
| Norway (%) | -0.90 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Oman (%) | -4.24 2023 | yearly | 1999 - 2023 |
| Pakistan (%) | -1.23 2019 | yearly | 2001 - 2019 |
| Palestinian Territory (%) | 2.87 Sep 2023 | quarterly | Dec 2009 - Sep 2023 |
| Panama (%) | 5.57 2023 | yearly | 1992 - 2023 |
| Paraguay (%) | 3.22 Sep 2024 | quarterly | Mar 2018 - Sep 2024 |
| Peru (%) | -0.87 2022 | yearly | 2002 - 2022 |
| Philippines (%) | 3.32 2023 | yearly | 1992 - 2023 |
| Poland (%) | 4.15 Dec 2024 | quarterly | Dec 1999 - Dec 2024 |
| Portugal (%) | 1.00 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Qatar (%) | -0.77 2023 | yearly | 2012 - 2023 |
| Romania (%) | 0.11 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Russia (%) | 3.11 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Saudi Arabia (%) | -3.93 2022 | yearly | 1971 - 2022 |
| Serbia (%) | 1.87 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
| Singapore (%) | 3.50 Dec 2024 | quarterly | Mar 1986 - Dec 2024 |
| Slovakia (%) | 1.57 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Slovenia (%) | 1.88 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| South Africa (%) | -0.89 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Spain (%) | 1.00 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Sri Lanka (%) | 5.03 Jun 2024 | quarterly | Jun 2013 - Jun 2024 |
| Sudan (%) | 3.26 2010 | yearly | 1996 - 2010 |
| Sweden (%) | 2.56 Dec 2024 | quarterly | Mar 1994 - Dec 2024 |
| Switzerland (%) | 0.89 Dec 2024 | quarterly | Mar 2011 - Dec 2024 |
Belgium 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: Textiles (EUR mn) | 542.961 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: Machinery & Electrical Equipment (EUR mn) | 3,217.304 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: NC: HS: Chemical Products (EUR mn) | 8,903.787 Oct 2024 | monthly | Jan 1995 - Oct 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: Netherlands (EUR mn) | 3,541.961 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: Machinery & Electrical Equipment (EUR mn) | 3,982.782 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| Imports: NC: HS: Chemical Products (EUR mn) | 5,924.299 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Imports: NC: HS: Metals (EUR mn) | 1,898.015 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: 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 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
| Foreign Exchange Reserves (USD mn) | 5,300.0 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
| 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) | 20,900.000 Feb 2025 | monthly | Dec 1956 - Feb 2025 |
| 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 (%) | 7.000 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 17.700 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Credit to Households (USD bn) | 391.015 Sep 2024 | quarterly | Dec 1980 - Sep 2024 |
| Credit to Private Non-Financial Sector (USD bn) | 1,216.155 Sep 2024 | quarterly | Dec 1970 - Sep 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) | 43.800 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
| Gross International Reserves: Gold (USD bn) | 20.900 Feb 2025 | monthly | Dec 1990 - Feb 2025 |
| 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: Seasonally Adjusted (sa): Aggregate (% Point) | -11.100 Nov 2024 | monthly | Jan 1980 - Nov 2024 |
| 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 |
More Indicators for Belgium
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