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