Belgium’s current account swung into a deficit of EUR 7,367 million in the third quarter of 2022, from a EUR 3,054 million surplus in the corresponding period of the previous year. The goods account shifted to a deficit of EUR 5,422 million from a surplus of EUR 4,878 million, and the secondary income deficit widened to EUR 2,065 million from EUR 1,923 million. Meanwhile the services surplus rose to EUR 1,526 million from EUR 1,205 million and the primary income surplus increased to EUR 1,645 million from EUR 1,303 million. source: National Bank of Belgium
Current Account in Belgium averaged 1226.58 EUR Million from 1995 until 2022, reaching an all time high of 7343.00 EUR Million in the second quarter of 2005 and a record low of -7367.00 EUR Million in the third quarter of 2022. This page provides - Belgium Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Current Account - data, historical chart, forecasts and calendar of releases - was last updated on January of 2023.
Current Account in Belgium is expected to be -380.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Current Account is projected to trend around -350.00 EUR Million in 2023 and -300.00 EUR Million in 2024, according to our econometric models.