Belgium Real GDP Growth
The Gross Domestic Product (GDP) in Belgium contracted 4.5 % YoY in Sep 2020, following a negative growth of 13.9 % in the previous quarter. Real GDP Growth YoY data in Belgium is updated quarterly, available from Mar 1996 to Sep 2020, with an average rate of 1.8 %. The data reached an all-time high of 5.1 % in Dec 1999 and a record low of -13.9 % in Jun 2020. CEIC calculates Real GDP Growth from quarterly Real GDP. The National Bank of Belgium provides Real GDP in EUR, at chain linked 2015 prices.
In the latest reports, Nominal GDP of Belgium reached 134.3 USD bn in Sep 2020. Its GDP deflator (implicit price deflator) increased 0.2 % in Jun 2020. GDP Per Capita in Belgium reached 46,386.1 USD in Dec 2019. Its Gross Savings Rate was measured at 24.5 % in Jun 2020.
View Belgium's Real GDP Growth from Mar 1996 to Sep 2020 in the chart:
What was Belgium's Real GDP Growth in Sep 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -4.5 Sep 2020 | -13.9 Jun 2020 | -13.9 Jun 2020 | 5.1 Dec 1999 | % | quarterly | Mar 1996 - Sep 2020 |
Real GDP Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -11.0 Jun 2020 | quarterly | Mar 2010 - Jun 2020 |
| Algeria (%) | -3.9 Mar 2020 | quarterly | Mar 2012 - Mar 2020 |
| Argentina (%) | -19.8 Jun 2020 | quarterly | Mar 2005 - Jun 2020 |
| Armenia (%) | -9.1 Sep 2020 | quarterly | Mar 2001 - Sep 2020 |
| Australia (%) | -6.3 Jun 2020 | quarterly | Sep 1960 - Jun 2020 |
| Austria (%) | -14.5 Jun 2020 | quarterly | Mar 1989 - Jun 2020 |
| Azerbaijan (%) | 0.2 Mar 2020 | quarterly | Mar 2001 - Mar 2020 |
| Bahrain (%) | -8.9 Jun 2020 | quarterly | Mar 2009 - Jun 2020 |
| Bangladesh (%) | 5.2 2020 | yearly | 2007 - 2020 |
| Belarus (%) | -3.3 Jun 2020 | quarterly | Mar 2006 - Jun 2020 |
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