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Belgium

76 series · 1500–2025 · High income · Europe & Central Asia

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National accounts

VariableCodeCoverageLatest
Nominal GDPMillions of local currencynGDP1835–2025635,811 (2025)
Nominal GDP (USD)Millions of US dollarsnGDP_USD1835–2025717,049 (2025)
Real GDPMillions of local currencyrGDP1835–2025484,251 (2025)
Real GDP per capitaConstant local currency per personrGDP_pc1835–202540,754 (2025)
Real GDP (USD)Millions of US dollarsrGDP_USD1835–2025536,926 (2025)
DeflatorIndex, 2015 = 100deflator1835–2025131.3 (2025)
Real GDP per capita (USD)US dollars per personrGDP_pc_USD1835–202545,187 (2025)

Consumption and investment

VariableCodeCoverageLatest
Total consumptionMillions of local currencycons1950–2025485,813 (2025)
Total consumption (% of GDP)Percent of GDPcons_GDP1950–202576.4 (2025)
Total consumption (USD)Millions of US dollarscons_USD1950–2025547,886 (2025)
Household consumptionMillions of local currencyhcons1950–2025329,229 (2025)
Household consumption (% of GDP)Percent of GDPhcons_GDP1950–202551.8 (2025)
Household consumption (USD)Millions of US dollarshcons_USD1950–2025371,294 (2025)
Government consumptionMillions of local currencygcons1950–2025156,604 (2025)
Government consumption (% of GDP)Percent of GDPgcons_GDP1950–202524.6 (2025)
Government consumption (USD)Millions of US dollarsgcons_USD1950–2025176,613 (2025)
Gross capital formationMillions of local currencyinv1900–2025159,714 (2025)
Gross capital formation (% of GDP)Percent of GDPinv_GDP1900–202525.1 (2025)
Gross capital formation (USD)Millions of US dollarsinv_USD1900–2025180,121 (2025)
Gross fixed capital formationMillions of local currencyfinv1960–2025155,164 (2025)
Gross fixed capital formation (% of GDP)Percent of GDPfinv_GDP1960–202524.4 (2025)
Gross fixed capital formation (USD)Millions of US dollarsfinv_USD1960–2025174,990 (2025)

External sector

VariableCodeCoverageLatest
ExportsMillions of local currencyexports1830–2025484,351 (2025)
Exports (% of GDP)Percent of GDPexports_GDP1835–202576.2 (2025)
Exports (USD)Millions of US dollarsexports_USD1830–2025546,237 (2025)
ImportsMillions of local currencyimports1830–2025494,430 (2025)
Imports (% of GDP)Percent of GDPimports_GDP1835–202577.8 (2025)
Imports (USD)Millions of US dollarsimports_USD1830–2025557,604 (2025)
Current accountMillions of local currencyCA1870–2025-12,283 (2025)
Current account (% of GDP)Percent of GDPCA_GDP1870–2025-1.93 (2025)
USD exchange rateLocal currency per US dollarUSDfx1830–20250.887 (2025)
Real effective exchange rateIndex, 2015 = 100REER1870–2025111.6 (2025)
Current account (USD)Millions of US dollarsCA_USD1870–2025-13,853 (2025)

Government finances

VariableCodeCoverageLatest
Government expenditureMillions of local currencygovexp1835–2025347,125 (2025)
General government expenditureMillions of local currencygen_govexp1835–2025347,125 (2025)
General government expenditure (% of GDP)Percent of GDPgen_govexp_GDP1835–202554.6 (2025)
Central government expenditureMillions of local currencycgovexp1870–2025179,934 (2025)
Central government expenditure (% of GDP)Percent of GDPcgovexp_GDP1870–202528.3 (2025)
Government revenueMillions of local currencygovrev1835–2025311,547 (2025)
General government revenueMillions of local currencygen_govrev1835–2025311,547 (2025)
Central government revenueMillions of local currencycgovrev1870–2025155,774 (2025)
General government revenue (% of GDP)Percent of GDPgen_govrev_GDP1835–202549.0 (2025)
Central government revenue (% of GDP)Percent of GDPcgovrev_GDP1870–202524.5 (2025)
Government tax revenueMillions of local currencygovtax1924–2025279,757 (2025)
General government tax revenueMillions of local currencygen_govtax1973–2025279,757 (2025)
Central government tax revenueMillions of local currencycgovtax1924–2025141,786 (2025)
General government tax revenue (% of GDP)Percent of GDPgen_govtax_GDP1973–202544.0 (2025)
Central government tax revenue (% of GDP)Percent of GDPcgovtax_GDP1924–202522.3 (2025)
Government deficit (% of GDP)Percent of GDPgovdef_GDP1880–2025-5.20 (2025)
General government deficit (% of GDP)Percent of GDPgen_govdef_GDP1880–2025-5.20 (2025)
General government deficitMillions of local currencygen_govdef1880–2025-33,062 (2025)
Central government deficit (% of GDP)Percent of GDPcgovdef_GDP1880–2025-3.80 (2025)
Central government deficitMillions of local currencycgovdef1880–2025-24,161 (2025)
Government debt (% of GDP)Percent of GDPgovdebt_GDP1835–2025107.9 (2025)
General government debt (% of GDP)Percent of GDPgen_govdebt_GDP1835–2025107.9 (2025)
General government debtMillions of local currencygen_govdebt1835–2025685,769 (2025)
Central government debt (% of GDP)Percent of GDPcgovdebt_GDP1835–202485.4 (2024)
Central government debtMillions of local currencycgovdebt1835–2024524,490 (2024)
Government debtMillions of local currencygovdebt1835–2025685,769 (2025)
Government deficitMillions of local currencygovdef1880–2025-33,062 (2025)
Government expenditure (% of GDP)Percent of GDPgovexp_GDP1835–202554.6 (2025)
Government revenue (% of GDP)Percent of GDPgovrev_GDP1835–202549.0 (2025)
Government tax revenue (% of GDP)Percent of GDPgovtax_GDP1924–202544.0 (2025)

Money and interest rates

VariableCodeCoverageLatest
Short-term interest ratePercentstrate1848–20252.18 (2025)
Long-term interest ratePercentltrate1831–20253.17 (2025)
Central bank policy ratePercentcbrate1823–20243.56 (2024)
M0 (monetary base)Millions of local currencyM01851–201028,229 (2010)
M1Millions of local currencyM11877–2020263,300 (2020)
M2Millions of local currencyM21950–2000221,336 (2000)
M3Millions of local currencyM31979–2020640,200 (2020)

Prices and labor markets

VariableCodeCoverageLatest
House price indexIndex, 2015 = 100HPI1878–2025145.0 (2025)
Real house price indexIndex, 2015 = 100rHPI1878–2025108.2 (2025)
Consumer price indexIndex, 2015 = 100CPI1500–2025134.1 (2025)
InflationPercentinfl1500–20252.47 (2025)
PopulationMillions of peoplepop1800–202511.9 (2025)
Unemployment ratePercentunemp1921–20256.20 (2025)

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →