The Belgian economy advanced by 3.1% year-on-year in 2022, extending the 6.1% growth in 2021 amid the post-pandemic relaxation of health-related restrictions. source: National Bank of Belgium
Full Year GDP Growth in Belgium averaged 1.79 percent from 1996 until 2022, reaching an all time high of 6.10 percent in 2021 and a record low of -5.70 percent in 2020. This page includes a chart with historical data for Belgium Full Year GDP Growth. Belgium Full Year GDP Growth - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.
Full Year GDP Growth in Belgium is expected to reach 0.50 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Full Year GDP Growth is projected to trend around 1.50 percent in 2024 and 1.20 percent in 2025, according to our econometric models.