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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

 20152016201720182019202020212022
Belgium1.40.60.7-0.90.11.10.4-3.6
Netherlands5.27.18.99.36.95.112.19.2
France-0.4-0.5-0.8-0.80.5-1.60.4-2.0
Germany8.68.67.88.08.27.17.74.2
Austria1.72.71.40.92.43.00.40.7

Source: Eurostat, Macroeconomic Imbalances Procedure.

Current account balance

in % of GDP, quarterly

 2021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q2
Belgium2.5-4.7-1.2-4.0-8.8-0.5-2.4--
Netherlands11.810.712.16.310.38.410.4--
France0.42.3-2.3-1.7-3.1-1.2-1.7--
Germany7.27.26.33.22.05.37.0--
Austria1.80.91.2-1.50.92.04.2--

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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