Page Title

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

The chart will appear within this DIV.

Current account

 16171818Q419Q119Q219Q318Q1^18Q418Q2^19Q118Q3^19Q218Q4^19Q3Updated
Belgium 
  In billion euro2.45.5-4.6-2.90.4-1.9---1.1-1.2-1.5--10/19
  In percent of GDP0.61.2-1.0-2.40.4-1.6---1.0-1.0-1.3--10/19
In percent of GDP 
  Germany8.58.17.37.77.97.1--7.37.27.1--10/19
  France-0.5-0.7-0.61.0-2.8-0.6---0.7-0.5-0.7--10/19
  Netherlands8.110.810.914.19.96.6--10.910.710.3--10/19
  Euro area3.33.13.13.72.41.4--3.13.02.7--10/19
(^) Period average

 

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. The 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 and International Investment Position Manual (BPM6). Because current account data exhibit a strong seasonal pattern, quarterly data are shown as four-quarter moving averages.

Unit: current prices, not seasonally adjusted

Source: National Bank of Belgium (NBB) and National Accounts Institute (INR/ICN) (Belgium), Eurostat (Germany, France, Netherlands) European Central Bank (ECB, euro area

  Last update

18/10/2019
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