Belgium’s current account switched into a surplus of EUR 2,514 million in the first quarter of 2021 from a deficit EUR 306 million in the corresponding period of 2020. The service account swung to a surplus of EUR 1,622 million from a EUR 605 million deficit, while the goods account surplus narrowed slightly to EUR 2,049 million from EUR 2,092 million. Additionally, the primary income surplus widened to EUR 1,377 million from EUR 499 million and the secondary income gap went up to 2,534 million from EUR 2,292 million. source: National Bank of Belgium
Current Account in Belgium averaged 1413.07 EUR Million from 1995 until 2021, reaching an all time high of 7343 EUR Million in the second quarter of 2005 and a record low of -6687 EUR Million in the third quarter of 2008. This page provides - Belgium Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Current Account - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Current Account in Belgium is expected to be -1900.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Belgium to stand at -1500.00 in 12 months time. In the long-term, the Belgium Current Account is projected to trend around -700.00 EUR Million in 2022, according to our econometric models.