Nominal GDP
$725.47B
current US$ · 2025
World Bank
🇧🇪
Economy Snapshot
Belgium Economy and Trade
BrusselsLocal time
GDP $725.47B · real growth +1.0% · 2025
The macro snapshot for Belgium pairs $725.47B in nominal GDP (2025) with a real-growth reading of +1.0% (2025). The per-person GDP figure is $60,750 (2025); the CPI series shows 2.5% for 2025. Reference years remain attached to each series so readers can compare the figures without treating differently dated measures as one snapshot.
GDP per capita
$60,750
current US$ · 2025
World Bank
Real GDP growth
+1.0%
annual % · 2025
World Bank
Inflation
2.5%
CPI annual % · 2025
Source listed below
Belgium at a Glance
Each measure keeps its own definition and reference year so unlike concepts are not silently combined.
Output trend
Nominal GDP · annual observations · current US$ · World Bank
2015: $461.04B2016: $474.27B2017: $500.91B2018: $542.64B2019: $536.73B2020: $529.69B2021: $598.52B2022: $591.47B2023: $650.78B2024: $670.98B2025: $725.47B
GDP per capita$60,750
Real growth+1.0%
Reference year2025
2025 Inflation
2.5%
CPI annual %
2025 Unemployment
5.9%
labor-market measure
2025 GDP per capita
$60,750.3
current US$
Economic structure and Merchandise trade
Available measures are shown with their reported reference periods.
Economic structure
Selected value-added shares
Services · 202571.2%
Agriculture · 20250.7%
Only independently verified sector shares are displayed on this page.
Merchandise trade
UNCTADstat merchandise trade · 2024 · USD
Exports$535.74Bmerchandise · 2024
Imports$514.39Bmerchandise · 2024
Balance+$21.35Bsame definition and year
Merchandise trade is kept separate from broader goods-and-services measures.
Understand the numbers
What Belgium's economic profile is telling you
Belgium is a high-income, service-heavy economy with very large cross-border trade flows. World Bank data put nominal GDP above $700 billion in 2025, with modest real growth and inflation close to the low single digits.
UNCTADstat reports a merchandise trade surplus for 2024, with exports above imports. Belgium's position inside the European Union and its transport and logistics networks make trade unusually important to the economy.
The main economic signal
Belgium should be read through the combination of output growth, price pressure, labor conditions, sector structure and trade rather than through GDP alone.
Why the definitions matter
Nominal GDP, real growth, CPI inflation, unemployment, sector value added and merchandise trade measure different things. Their units, years and sources stay visible throughout the page.
Detailed Economic Data
The same values are provided in the data table below.
| Indicator | Belgium | Reference period | Status |
|---|---|---|---|
| GDPcurrent US$, market prices | $725.47B | 2025 | Actual |
| GDP per capitacurrent US$ | $60,750.3 | 2025 | Actual |
| Real GDP growthannual % | +1.0% | 2025 | Actual |
| InflationCPI, annual % | 2.5% | 2025 | Actual |
| Unemploymentmodeled ILO estimate | 5.9% | 2025 | Estimate |
| Services value added% of GDP | 71.2% | 2025 | Latest available |
| Agriculture value addedforestry and fishing included, % of GDP | 0.7% | 2025 | Latest available |
| Merchandise exportsUSD | $535.74B | 2024 | Actual |
| Merchandise importsUSD | $514.39B | 2024 | Actual |
Frequently Asked Questions
What is Belgium's GDP?
Belgium's nominal GDP was about $725.47B in 2025 in current US dollars according to the World Bank.
Is Belgium's economy growing?
World Bank annual data show real GDP growth of +1.0% in 2025.
What is Belgium's inflation rate?
The annual CPI reading used here is 2.5% for 2025.
What does the trade balance show for Belgium?
Merchandise exports were $535.74B and imports were $514.39B in 2024, giving a same-definition balance of +$21.35B.
Sources & methodology
Sources for the economic indicators and definitions shown above.
View sources used for this page
Primary comparable source for GDP, GDP per capita, real growth, inflation, modeled unemployment and selected sector value-added shares.
Official data: GDP · GDP per capita · Real growth · Inflation · Unemployment · Services value added · Agriculture value added
Matched-year merchandise exports and imports from the WTO economy profile.
Official data: WTO country profile
Each metric keeps its own definition and reference period; unavailable comparable values remain unfilled.