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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.

  Current account balance, % of GDP

The chart will appear within this DIV.

Current account balance

in % of GDP, annual

 20142015201620172018201920202021
Belgium0,81,40,60,7-0,80,20,8--
Netherlands8,56,38,110,810,89,47,0--
France-1,0-0,4-0,5-0,8-0,8-0,3-1,9--
Germany7,28,68,57,87,97,67,1--
Austria2,51,72,71,40,92,11,9--

Source: Eurostat, Macroeconomic Imbalances Procedure.

Current account balance

in % of GDP, quarterly

 2020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q1
Belgium1,40,70,4----------
Netherlands5,87,16,2----------
France-3,2-1,9-0,2----------
Germany4,97,48,6----------
Austria-0,82,40,7----------

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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