Belgium's economy expanded by 1.4% from a year earlier in the fourth quarter of 2022, the least in almost two years, matching an earlier estimate and after a 1.9% rise in the previous period. For the 2022 year as a whole, the growth rate was 3.1%, in line with the preliminary reading. source: National Bank of Belgium
GDP Annual Growth Rate in Belgium averaged 2.24 percent from 1981 until 2022, reaching an all time high of 19.40 percent in the first quarter of 1995 and a record low of -13.30 percent in the second quarter of 2020. This page provides - Belgium GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.
GDP Annual Growth Rate in Belgium is expected to be -0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium GDP Annual Growth Rate is projected to trend around 1.50 percent in 2024 and 1.80 percent in 2025, according to our econometric models.