Current Account in Belgium

Belgium Current Account | Economic News & Forecasts

Belgium - Current Account

Coalition talks on the heels of the 26 May federal election are expected to take time given the fragmented outcome that saw the political landscape split along linguistic lines; the nationalist N-VA came out on top in Dutch-speaking Flanders, while the socialists dominated in French-speaking Wallonia. Few changes to economic policy are expected until the next government is in place—which some analysts say could take all year. Meanwhile, following a lukewarm first-quarter outturn hindered by slowing fixed investment and waning export growth, second-quarter indicators suggest that a household spending-led upturn could be afoot. Unemployment ticked down in April, which along with ebbing inflation, hint that consumers remain firmly in the driver’s seat.

Belgium - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-0.4  -0.9  -1.1  -0.6  0.8  

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Belgium Current Account Chart

Belgium Current Account
Note: Current account balance as % of GDP.
Source: National Bank of Belgium and FocusEconomics calculations.

Belgium Facts

Bond Yield0.100.15 %Jul 11
Exchange Rate1.130.65 %Jul 11
Stock Market3,571-0.23 %Jul 11

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