Belgium - Trade in services (% of GDP)

Trade in services (% of GDP) in Belgium was 46.20 as of 2020. Its highest value over the past 18 years was 46.35 in 2017, while its lowest value was 28.13 in 2006.

Definition: Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2002 29.59
2003 28.52
2004 28.35
2005 28.45
2006 28.13
2007 30.57
2008 36.02
2009 36.20
2010 38.61
2011 38.56
2012 41.46
2013 41.98
2014 45.39
2015 46.13
2016 44.95
2017 46.35
2018 45.78
2019 46.32
2020 46.20

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments