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Trading Basics

Belgium

Capital
Brussels
Region
Europe & Central Asia
Income group
High income
Population
11.9 million (2025)

Belgium uses the euro: its interest rates are set by the European Central Bank. Monthly figures for the euro area are on the economy dashboard.

At a glance

  • Prices in Belgium rose 2.5% in 2025, close to the middle of the range worldwide.
  • Belgium's economy grew 1.0% in 2025, slower than most economies.
  • Output per person in Belgium was US$60,750 in 2025, higher than in most countries.
  • 5.9% of Belgium's labour force had no job in 2025, close to the middle of the range worldwide.
  • Belgium had 11.9 million people in 2025: about 0.1% of everyone on Earth, the 81st largest population of 217 countries and territories.
  • Belgium had a current account deficit of 0.2% of GDP in 2025, close to the middle of the range worldwide.

Consumer prices, change over the year (yearly average)

2.5%
World median 3.0%

Since 2000

Show the numbers
Inflation in Belgium and the world median, last ten years
YearBelgiumWorld median
20252.5%3.0%
20243.1%3.0%
20234.1%5.7%
20229.6%8.0%
20212.4%3.5%
20200.7%1.9%
20191.4%2.2%
20182.1%2.5%
20172.1%2.3%
20162.0%1.6%

Real GDP, change over the year

1.0%
World median 3.4%

Since 2000

Show the numbers
Economic growth in Belgium and the world median, last ten years
YearBelgiumWorld median
20251.0%3.4%
20241.1%3.4%
20231.6%3.2%
20224.0%4.3%
20216.3%5.1%
2020−4.8%−3.8%
20192.4%2.8%
20181.9%3.2%
20171.5%3.3%
20161.2%3.1%

GDP divided by population, in US dollars at current prices

US$60,750
World median US$7,882

Since 2000

Show the numbers
GDP per person in Belgium and the world median, last ten years
YearBelgiumWorld median
2025US$60,750US$7,882
2024US$56,582US$7,853
2023US$55,245US$7,862
2022US$50,639US$7,656
2021US$51,658US$7,269
2020US$45,906US$6,433
2019US$46,717US$7,037
2018US$47,487US$6,978
2017US$44,035US$6,548
2016US$41,855US$5,982

Share of the labour force without a job (ILO modelled estimate)

5.9%
World median 5.1%

Since 2000

Show the numbers
Unemployment in Belgium and the world median, last ten years
YearBelgiumWorld median
20255.9%5.1%
20245.7%5.1%
20235.6%5.2%
20225.6%5.3%
20216.3%6.0%
20205.6%6.4%
20195.4%5.4%
20185.9%5.4%
20177.1%5.6%
20167.8%5.9%

Everyone living in the country, mid-year

11.9 million

Since 2000

Show the numbers
Population in Belgium and the world median, last ten years
YearBelgium
202511.9 million
202411.9 million
202311.8 million
202211.7 million
202111.6 million
202011.5 million
201911.5 million
201811.4 million
201711.4 million
201611.3 million

Current account balance, % of GDP

−0.2%
World median −0.8%

Since 2002

Show the numbers
Current account balance in Belgium and the world median, last ten years
YearBelgiumWorld median
2025−0.2%−0.8%
20240.7%−1.3%
20230.4%−1.2%
2022−1.8%−3.0%
20211.9%−2.4%
20200.9%−1.7%
20190.1%−2.1%
2018−0.9%−2.9%
20170.7%−2.1%
20160.6%−2.8%

No recent World Bank figure for Belgium: government debt.

About these figures

All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Belgium since 2000 or since its first figure.

Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.