Belgium Private Consumption: % of GDP
Key information about Belgium Private Consumption: % of GDP
- Belgium Private Consumption accounted for 54.1 % of its Nominal GDP in Sep 2025, compared with a ratio of 52.2 % in the previous quarter.
- Belgium Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1980 to Sep 2025, with an average share of 51.3 %.
- The data reached an all-time high of 60.0 % in Sep 1983 and a record low of 47.4 % in Mar 2021.
CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. The National Bank of Belgium provides Private Consumption Expenditure in EUR and Nominal GDP in EUR, based on ESA 2010. Private Consumption as % of Nominal GDP prior to Q1 1995 is based on ESA 1995.
Related information about Belgium Private Consumption: % of GDP
- In the latest reports, Belgium GDP expanded 1.0 % YoY in Sep 2025.
- Its Nominal GDP reached 188.2 USD bn in Sep 2025.
- Belgium GDP Per Capita reached 56,730.7 USD in Dec 2024.
- Its Gross Savings Rate was measured at 23.6 % in Jun 2025.
View Belgium's Private Consumption: % of GDP from Mar 1980 to Sep 2025 in the chart:
What was Belgium's Private Consumption: % of GDP in Sep 2025?
Belgium Private Consumption accounted for 54.1 % of its Nominal GDP in Sep 2025, compared with a ratio of 52.2 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 54.1 Sep 2025 | 52.2 Jun 2025 | 47.4 Mar 2021 | 60.0 Sep 1983 | % | quarterly | Mar 1980 - Sep 2025 |
Private Consumption: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 70.4 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Algeria (%) | 41.3 2024 | yearly | 1950 - 2024 |
| Argentina (%) | 72.4 Jun 2025 | quarterly | Mar 1993 - Jun 2025 |
| Armenia (%) | 68.6 Sep 2025 | quarterly | Dec 1994 - Sep 2025 |
| Australia (%) | 51.3 Jun 2025 | quarterly | Sep 1959 - Jun 2025 |
| Austria (%) | 52.3 Jun 2025 | quarterly | Mar 1988 - Jun 2025 |
| Azerbaijan (%) | 57.9 Jun 2025 | quarterly | Mar 2001 - Jun 2025 |
| Bahrain (%) | 39.9 2024 | yearly | 1975 - 2024 |
| Bangladesh (%) | 71.0 2025 | yearly | 1973 - 2025 |
| Belarus (%) | 55.6 Jun 2025 | quarterly | Mar 1994 - Jun 2025 |
| Belgium (%) | 54.1 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Bolivia (%) | 79.6 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
| Bosnia and Herzegovina (%) | 73.2 Mar 2025 | quarterly | Mar 2008 - Mar 2025 |
| Botswana (%) | 44.4 Jun 2025 | quarterly | Mar 2006 - Jun 2025 |
| Brazil (%) | 62.4 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Brunei (%) | 24.0 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| Bulgaria (%) | 56.7 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Cambodia (%) | 60.8 2022 | yearly | 1993 - 2022 |
| Canada (%) | 54.5 Sep 2025 | quarterly | Mar 1961 - Sep 2025 |
| Chile (%) | 58.5 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| China (%) | 39.9 2024 | yearly | 1952 - 2024 |
| Colombia (%) | 72.4 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Croatia (%) | 48.8 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Cyprus (%) | 0.0 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Czech Republic (%) | 46.7 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Denmark (%) | 42.8 Sep 2025 | quarterly | Mar 1990 - Sep 2025 |
| Ecuador (%) | 64.1 Jun 2025 | quarterly | Mar 1991 - Jun 2025 |
| Egypt (%) | 92.1 Jun 2025 | quarterly | Sep 2001 - Jun 2025 |
| Estonia (%) | 52.0 Sep 2025 | quarterly | Mar 1993 - Sep 2025 |
| European Union (%) | 52.4 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Finland (%) | 51.6 Sep 2025 | quarterly | Mar 1975 - Sep 2025 |
| France (%) | 54.3 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Georgia (%) | 70.7 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Germany (%) | 53.4 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| Ghana (%) | 84.6 2024 | yearly | 2006 - 2024 |
| Greece (%) | 70.6 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Hong Kong SAR, China (%) | 63.4 Sep 2025 | quarterly | Mar 1973 - Sep 2025 |
| Hungary (%) | 53.0 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Iceland (%) | 45.9 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| India (%) | 62.5 Sep 2025 | quarterly | Jun 1996 - Sep 2025 |
| Indonesia (%) | 54.4 Sep 2025 | quarterly | Mar 1993 - Sep 2025 |
| Iran (%) | 55.2 Jun 2025 | quarterly | Jun 1988 - Jun 2025 |
| Ireland (%) | 26.6 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Israel (%) | 50.8 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Italy (%) | 58.7 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Ivory Coast (%) | 67.4 2024 | yearly | 1960 - 2024 |
| Japan (%) | 54.7 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Jordan (%) | 73.6 2023 | yearly | 1962 - 2023 |
| Kazakhstan (%) | 54.6 Jun 2025 | quarterly | Mar 1994 - Jun 2025 |
| Kenya (%) | 76.9 2024 | yearly | 1969 - 2024 |
| South Korea (%) | 47.2 Jun 2025 | quarterly | Mar 1960 - Jun 2025 |
| Kosovo (%) | 88.2 Jun 2025 | quarterly | Mar 2010 - Jun 2025 |
| Kuwait (%) | 38.3 2023 | yearly | 1962 - 2023 |
| Kyrgyzstan (%) | 100.9 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Laos (%) | 64.4 2016 | yearly | 2000 - 2016 |
| Latvia (%) | 58.1 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Lebanon (%) | 110.1 2023 | yearly | 2005 - 2023 |
| Lithuania (%) | 53.3 Sep 2025 | quarterly | Mar 1993 - Sep 2025 |
| Luxembourg (%) | 33.8 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Macau SAR, China (%) | 29.9 Sep 2025 | quarterly | Mar 1998 - Sep 2025 |
| North Macedonia (%) | 68.5 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Malawi (%) | 79.2 2019 | yearly | 1960 - 2019 |
| Malaysia (%) | 63.2 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| Malta (%) | 45.0 Sep 2025 | quarterly | Mar 1992 - Sep 2025 |
| Mauritius (%) | 67.4 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Mexico (%) | 69.8 Jun 2025 | quarterly | Mar 1993 - Jun 2025 |
| Moldova (%) | 83.0 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Mongolia (%) | 53.8 Sep 2025 | quarterly | Mar 2010 - Sep 2025 |
| Montenegro (%) | 83.0 Jun 2025 | quarterly | Mar 2006 - Jun 2025 |
| Morocco (%) | 59.3 Jun 2025 | quarterly | Mar 2007 - Jun 2025 |
| Mozambique (%) | 73.9 2024 | yearly | 1969 - 2024 |
| Nepal (%) | 86.2 2025 | yearly | 1975 - 2025 |
| Netherlands (%) | 44.5 Sep 2025 | quarterly | Mar 1977 - Sep 2025 |
| New Zealand (%) | 56.6 Jun 2025 | quarterly | Jun 1987 - Jun 2025 |
| Nigeria (%) | 47.0 2024 | yearly | 1981 - 2024 |
| Norway (%) | 43.0 Sep 2025 | quarterly | Mar 1978 - Sep 2025 |
| Oman (%) | 39.1 2024 | yearly | 1980 - 2024 |
| Pakistan (%) | 83.4 2025 | yearly | 1967 - 2025 |
| Palestinian Territory (%) | 92.0 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Panama (%) | 50.4 2022 | yearly | 1996 - 2022 |
| Paraguay (%) | 66.6 Jun 2025 | quarterly | Mar 1994 - Jun 2025 |
| Peru (%) | 59.3 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Philippines (%) | 79.1 Sep 2025 | quarterly | Mar 1981 - Sep 2025 |
| Poland (%) | 59.0 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Portugal (%) | 57.4 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Qatar (%) | 20.6 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| Romania (%) | 60.5 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Russia (%) | 53.8 Jun 2025 | quarterly | Mar 1993 - Jun 2025 |
| Saudi Arabia (%) | 48.1 Jun 2025 | quarterly | Mar 2003 - Jun 2025 |
| Serbia (%) | 66.4 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Singapore (%) | 31.5 2024 | yearly | 1960 - 2024 |
| Slovakia (%) | 58.5 Jun 2025 | quarterly | Mar 1993 - Jun 2025 |
| Slovenia (%) | 51.1 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| South Africa (%) | 64.0 Jun 2025 | quarterly | Mar 1960 - Jun 2025 |
| Spain (%) | 55.8 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Sri Lanka (%) | 65.4 Jun 2025 | quarterly | Mar 2010 - Jun 2025 |
| Sudan (%) | 77.8 2016 | yearly | 1976 - 2016 |
| Sweden (%) | 47.1 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Switzerland (%) | 49.8 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Syria (%) | 114.8 2022 | yearly | 1970 - 2022 |
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| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.064 2030 | yearly | 1980 - 2030 |
| Trade Balance (USD mn) | 4,412.6 Sep 2025 | monthly | Jan 1993 - Sep 2025 |
| Total Exports (USD mn) | 49,580.4 Sep 2025 | monthly | Jan 1993 - Sep 2025 |
| Total Exports Growth (%) | -4.7 Sep 2025 | monthly | Jan 1994 - Sep 2025 |
| Aluminum: Exports (USD th) | 1,646,558.826 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 30,181,295.828 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 31,558,364.620 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 45,167.8 Sep 2025 | monthly | Jan 1993 - Sep 2025 |
| Total Imports Growth (%) | -4.6 Sep 2025 | monthly | Jan 1994 - Sep 2025 |
| Imports: Medicament (USD th) | 26,575,329.696 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 18,610,176.592 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 2,369.866 Aug 2025 | monthly | Jan 1995 - Aug 2025 |
| Total Imports from USA (USD mn) | 1,840.447 Aug 2025 | monthly | Jan 1995 - Aug 2025 |
| Total Exports to China (USD mn) | 436.548 Aug 2025 | monthly | Jan 1995 - Aug 2025 |
| Total Imports from China (USD mn) | 1,267.233 Aug 2025 | monthly | Jan 1995 - Aug 2025 |
| Exports: National Concept (EUR mn) | 28,452.000 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Imports: National Concept (EUR mn) | 27,772.700 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Trade Balance: National Concept (EUR mn) | 679.300 Nov 2024 | monthly | Jan 1995 - Nov 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: Plastics & Rubber (EUR mn) | 2,021.334 Oct 2024 | monthly | Jan 1995 - Oct 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: 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: 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: Chemical Products (EUR mn) | 5,924.299 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: 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 (%) | 0.7 Jun 2025 | quarterly | Mar 2007 - Jun 2025 |
| Household Debt: % of GDP (%) | 58.3 Jun 2025 | quarterly | Dec 1992 - Jun 2025 |
| Non-Performing Loans (USD mn) | 2,843.972 Sep 2025 | monthly | Jan 2007 - Sep 2025 |
| Money Supply M1 (USD mn) | 301,797.151 Oct 2025 | monthly | Dec 1996 - Oct 2025 |
| Money Supply M2 (USD mn) | 776,593.892 Oct 2025 | monthly | Dec 1996 - Oct 2025 |
| M2 Growth (%) | 2.2 Oct 2025 | monthly | Dec 1997 - Oct 2025 |
| Reserve Requirement Ratio (%) | 1.0 Oct 2025 | monthly | Jan 1999 - Oct 2025 |
| Foreign Exchange Reserves (USD mn) | 6,000.0 Oct 2025 | monthly | Jan 1999 - Oct 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 0.911 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 0.1 Sep 2025 | monthly | Jan 1999 - Sep 2025 |
| Gold Reserves (USD mn) | 29,500.000 Oct 2025 | monthly | Dec 1956 - Oct 2025 |
| Total Deposits (USD mn) | 1,652,591.571 Oct 2025 | monthly | Dec 1996 - Oct 2025 |
| Total Deposits Growth (%) | 4.2 Oct 2025 | monthly | Dec 1997 - Oct 2025 |
| Domestic Credit (USD mn) | 800,135.4 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
| Domestic Credit Growth (%) | 1.8 Feb 2025 | monthly | Jan 2000 - Feb 2025 |
| Debt Service Ratio: Households (%) | 7.000 Mar 2025 | quarterly | Mar 1999 - Mar 2025 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 17.400 Mar 2025 | quarterly | Mar 1999 - Mar 2025 |
| Credit to Households (USD bn) | 383.563 Mar 2025 | quarterly | Dec 1980 - Mar 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 1,190.711 Mar 2025 | quarterly | Dec 1970 - Mar 2025 |
| Household Debt (USD mn) | 433,457.3 Jun 2025 | quarterly | Dec 1992 - Jun 2025 |
| Total Loans (USD mn) | 938,040.754 Jun 2025 | quarterly | Jun 2006 - Jun 2025 |
| Total Loans Growth (%) | 5.51 Jun 2025 | quarterly | Jun 2007 - Jun 2025 |
| Private Debt: % of Nominal GDP (%) | 65.44 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Monetary Agg in Euro Area: BC: M3 excl Currency in Circulation (EUR bn) | 717.200 Oct 2025 | monthly | Dec 1996 - Oct 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) | 981,799.000 Oct 2025 | monthly | Sep 1997 - Oct 2025 |
| Deposits: Financial Intermediaries (FI): Outstanding Amounts (EUR mn) | 44,554.000 Jan 2025 | monthly | Dec 1998 - Jan 2025 |
| 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 |
| 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) | 6.8 Nov 2025 | monthly | Jan 1981 - Nov 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: Trade (% Point) | -9.700 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 |
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