Belgium - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Belgium was 1.41 as of 2020. Its highest value over the past 50 years was 5.58 in 2002, while its lowest value was -2.82 in 1980.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | 2.19 |
| 1971 | 1.95 |
| 1972 | 3.06 |
| 1973 | 1.92 |
| 1974 | 0.52 |
| 1975 | 0.31 |
| 1976 | 0.29 |
| 1977 | -0.66 |
| 1978 | -0.79 |
| 1979 | -1.73 |
| 1980 | -2.82 |
| 1981 | -2.09 |
| 1982 | -1.72 |
| 1983 | 0.40 |
| 1984 | 0.59 |
| 1985 | 1.03 |
| 1986 | 2.24 |
| 1987 | 1.82 |
| 1988 | 2.39 |
| 1989 | 2.20 |
| 1990 | 1.76 |
| 1991 | 1.87 |
| 1992 | 2.55 |
| 1993 | 3.20 |
| 1994 | 3.62 |
| 1995 | 3.85 |
| 1996 | 3.17 |
| 1997 | 3.88 |
| 1998 | 3.64 |
| 1999 | 3.96 |
| 2000 | 2.86 |
| 2001 | 3.65 |
| 2002 | 5.58 |
| 2003 | 5.36 |
| 2004 | 4.89 |
| 2005 | 4.04 |
| 2006 | 4.04 |
| 2007 | 4.14 |
| 2008 | 0.67 |
| 2009 | 2.26 |
| 2010 | 1.70 |
| 2011 | -0.10 |
| 2012 | 0.06 |
| 2013 | 0.80 |
| 2014 | 0.82 |
| 2015 | 1.42 |
| 2016 | 1.19 |
| 2017 | 1.04 |
| 2018 | -0.24 |
| 2019 | 0.66 |
| 2020 | 1.41 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts