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Indicators

To evaluate the current state of the Belgian economy, the FPB regularly updates a series of indicators. The indicators concern the macro-economic stance of the economies of Belgium, its three neighbouring countries and the euro area, as well as the transport industry.

 Indicators : Current account balance, % of GDP

The chart will appear within this DIV.

Current account balance

in % of GDP, annual

 20162017201820192020202120222023
Belgium0.60.7-0.90.11.41.3-1.0-1.0
Netherlands7.18.99.36.95.112.19.310.1
France-0.5-0.8-0.80.5-1.60.4-2.0-0.7
Germany8.67.88.08.26.57.34.25.9
Austria2.71.40.92.43.41.6-0.32.7

Source: Eurostat, Macroeconomic Imbalances Procedure.

Current account balance

in % of GDP, quarterly

 2022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q1
Belgium-1.0-6.81.00.1-3.4-2.21.4--
Netherlands6.610.58.110.98.712.48.5--
France-1.7-3.1-1.2-1.7-1.4-1.00.9--
Germany2.92.35.66.34.56.36.4--
Austria-2.5-1.31.36.3-1.01.73.8--

Source: Eurostat, Macroeconomic Imbalances Procedure.

 

Description: the balance of payments is the statistical statement that systematically summarises, for a specific time period, the economic transactions of an economy with the rest of the world. The balance of payments is broken down into three broad sub-balances: the current account, the capital account, and the financial account. Current account is the major driver of net lending/net borrowing of an economy; it provides important information about the economic relations of a country with the rest of the world. It covers all transactions (other than those in financial items) that involve economic values and occur between resident and non-resident units. The indicator is based on the IMF's sixth Balance of Payments Manual (BPM6).

Unit: % of GDP.

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