Gross National Product in Belgium decreased to 118048.80 EUR Million in the third quarter of 2019 from 118700 EUR Million in the second quarter of 2019. Gross National Product in Belgium averaged 65411.51 EUR Million from 1980 until 2019, reaching an all time high of 118700 EUR Million in the second quarter of 2019 and a record low of 21890 EUR Million in the first quarter of 1980.

Gross National Product in Belgium is expected to be 116986.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross National Product in Belgium to stand at 119768.00 in 12 months time. In the long-term, the Belgium Gross National Income is projected to trend around 122660.00 EUR Million in 2020, according to our econometric models.

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Belgium Gross National Income

Actual Previous Highest Lowest Dates Unit Frequency
118048.80 118700.00 118700.00 21890.00 1980 - 2019 EUR Million Quarterly
Current Prices, SA

Belgium GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.40 0.30 15.80 -2.10 percent [+]
GDP Annual Growth Rate 1.60 1.30 19.40 -3.80 percent [+]
GDP 531.77 494.90 531.77 11.66 USD Billion [+]
GDP Constant Prices 111099.00 110634.00 111099.00 72759.00 EUR Million [+]
Gross National Product 118048.80 118700.00 118700.00 21890.00 EUR Million [+]
Gross Fixed Capital Formation 27258.00 27167.00 27258.00 6663.00 EUR Million [+]
GDP per capita 46683.20 46211.20 46683.20 13193.31 USD [+]
GDP per capita PPP 43217.95 42781.06 43217.95 30647.82 USD [+]
GDP From Agriculture 446.00 464.00 881.00 330.00 EUR Million [+]
GDP From Construction 4998.00 5561.00 5609.00 2794.00 EUR Million [+]
GDP From Manufacturing 15169.00 15607.00 16096.00 10715.00 EUR Million [+]
GDP From Public Administration 13317.00 14421.00 14788.00 10659.00 EUR Million [+]
GDP From Services 18246.00 19006.00 19888.00 14910.00 EUR Million [+]