Belgium 2016
Detailed economic analysis and indicators for 2016
Key Economic Indicators (2016)
GDP (Current USD)
$474.27 billion
↑ 2.87% vs 2015GDP per Capita
$41,854.55
↑ 2.35% vs 2015GDP Growth (Annual %)
1.19%
↓ 0.28pp vs 2015Inflation Rate (CPI %)
1.97%
↑ 1.41pp vs 2015Year-over-Year Comparison
| Indicator | 2015 | 2016 | Change |
|---|---|---|---|
| GDP (Current USD) | $461.04 billion | $474.27 billion | +2.87% |
| GDP per Capita | $40,893.80 | $41,854.55 | +2.35% |
| GDP Growth (Annual %) | 1.47% | 1.19% | -0.28pp |
| Inflation (CPI %) | 0.56% | 1.97% | +1.41pp |
| Unemployment Rate (%) | 8.48% | 7.83% | -0.65pp |
All Economic Indicators (2016)
National Accounts
- GDP (Current USD)
- $474.27 billion
- GDP per Capita
- $41,854.55
- GDP Growth (Annual %)
- 1.19%
- Gross National Income
- $480.63 billion
Prices & Employment
- Inflation (CPI %)
- 1.97%
- Inflation (GDP Deflator %)
- 1.90%
- Unemployment Rate (%)
- 7.83%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 0.56%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2016, Belgium's Gross Domestic Product (GDP) is $474.27 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Belgium for 2016 is $41,854.55. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Belgium for 2016 is 1.97%. This measures the annual percentage change in the cost of consumer goods and services.
Belgium's annual GDP growth rate for 2016 is 1.19%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Belgium for 2016 is 7.83%. This represents the percentage of the labor force that is unemployed and actively seeking employment.