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.

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Belgium Current Account



Calendar GMT Actual Previous Consensus TEForecast
2022-09-30 02:00 PM Q2 €-8387M €-3592M €-1800M
2022-12-30 02:00 PM Q3 €-7367M €-5377M €-4400M
2023-03-31 02:00 PM Q4 €-7367M € -380M


Related Last Previous Unit Reference
Balance of Trade 1641.20 3328.80 EUR Million Nov 2022
Current Account -7367.00 -5377.00 EUR Million Sep 2022
Imports 49685.40 48815.40 EUR Million Nov 2022
Exports 51326.60 52144.20 EUR Million Nov 2022
Capital Flows -4955.00 -4085.00 EUR Million Sep 2022
Remittances 3689.00 3681.00 EUR Million Sep 2022
Foreign Direct Investment 8804.00 -13730.00 EUR Million Sep 2022
External Debt 1359816.00 1336577.00 EUR Million Sep 2022

Belgium Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
-7367.00 -5377.00 7343.00 -7367.00 1995 - 2022 EUR Million Quarterly
Current Prices, NSA

News Stream
Belgium Current Account Swings to Deficit in Q3
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.
2022-12-30
Belgium Current Account Swings to Deficit in Q2
Belgium’s current account swung into a deficit of EUR 8,387 million in the second quarter of 2022, from a EUR 3,365 million surplus in the corresponding period of the previous year. The goods account shifted to a deficit of EUR 8,832 million from a surplus of EUR 2,693 million, while the services surplus narrowed to EUR 177 million from EUR 919 million. At the same time, the primary income surplus narrowed slightly to EUR 1,446 million from EUR 1,459 million, while the secondary income deficit narrowed to EUR 1,178 million from EUR 1,707 million.
2022-09-30
Belgium Current Account Swings to Deficit in Q1
Belgium’s current account swung into a deficit of EUR 762 million in the first quarter of 2022, from a EUR 808 million surplus in the corresponding period of the previous year. The goods account shifted to a deficit of EUR 2,362 million from a surplus of EUR 141 million while the services surplus narrowed to EUR 1,634 million from EUR 1,983 million. At the same time, the secondary income gap narrowed to EUR 1,535 million from EUR 2,507 million. Meanwhile, the primary income surplus widened to EUR 1,500 million from EUR 1,190 million.
2022-06-30