Current Account in Belgium

Belgium Current Account | Economic News & Forecasts

Belgium - Current Account

Fourth-quarter growth last year was sluggish but stable from a quarter earlier, landing just short of analysts’ expectations. Ahead of comprehensive national accounts, last year’s moderate second half appeared to fall in line with the broader slowdown across the Eurozone. Export growth screeched to a standstill in December amid turmoil in Germany and France, which exacerbated already-fraught regional trade. Domestic demand looks to have offset any external-sector woes, however, given buoyant retail sales growth and record-low unemployment. Deteriorating economic sentiment into February bodes poorly for the current quarter, although upbeat private-sector lending is expected to keep fixed investment afloat. In politics, a caretaker government has left existing economic policy intact ahead of federal elections in May.

Belgium - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-0.4  -0.9  -0.2  0.0  -0.2  

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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

ValueChangeDate
Bond Yield0.540.15 %Mar 11
Exchange Rate1.120.65 %Mar 11
Stock Market3,569-0.23 %Mar 11

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