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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, 3-year average

The chart will appear within this DIV.

Current account balance 3-year average

in % of GDP

 20142015201620172018201920202021
Belgium0,51,00,90,90,10,00,1--
Netherlands9,58,27,68,49,910,39,1--
France-0,8-0,6-0,6-0,5-0,7-0,6-1,0--
Germany7,07,58,18,38,17,87,5--
Austria2,02,02,31,91,71,51,6--

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). The indicator in the Alert Mechanism Scoreboard is the 3 year backward moving average (average of t-2, t-1 and t). The thresholds are -4% and +6% of GDP.

Unit: % of GDP.

Source: Eurostat, Macroeconomic Imbalances Procedure.

  Last update

19/04/2022
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