Belgium GDP Growth Rate (2026)
Latest Update:
September 2026
Source:
IMF
Belgium has an advanced European economy supported by services, manufacturing, trade, logistics, pharmaceuticals, and household consumption. This page explores its GDP growth trend, historical performance, regional comparison, and outlook.
GDP Growth Rate 2026
+0.7%
Annual real GDP growth
World Rank
#178
Out of 195 countries
Change vs 2025
-0.3 pp
2025: +1.0%
Europe Rank
#40
Out of 43 countries
1. Belgium GDP Growth Rate in 2026
Belgian economic growth is influenced by consumer demand, business investment, exports, industrial activity, and conditions across the euro area. Its central location makes regional trade particularly important.
2. Belgium GDP Growth Rate Trends (1980–2026)
Belgium’s growth history reflects the characteristics of a mature, highly integrated European economy. Trade, services, manufacturing, productivity, and domestic demand have shaped economic performance over time.
3. Belgium GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +0.7% | -0.3 pp |
| 2025 | +1.0% | -0.1 pp |
| 2024 | +1.1% | -0.6 pp |
| 2023 | +1.7% | -2.3 pp |
| 2022 | +4.0% | -2.3 pp |
| 2021 | +6.3% | +11.1 pp |
| 2020 | -4.8% | -7.2 pp |
| 2019 | +2.4% | +0.5 pp |
| 2018 | +1.9% | +0.4 pp |
| 2017 | +1.5% | +0.3 pp |
| 2016 | +1.2% | -0.3 pp |
| 2015 | +1.5% | -0.3 pp |
| 2014 | +1.8% | +1.5 pp |
| 2013 | +0.3% | +0.1 pp |
| 2012 | +0.2% | -1.7 pp |
| 2011 | +1.9% | -0.8 pp |
| 2010 | +2.7% | +4.6 pp |
| 2009 | -1.9% | -2.3 pp |
| 2008 | +0.4% | -3.3 pp |
| 2007 | +3.7% | +1.1 pp |
| 2006 | +2.6% | +0.3 pp |
| 2005 | +2.3% | -1.3 pp |
| 2004 | +3.6% | +2.6 pp |
| 2003 | +1.0% | -0.7 pp |
| 2002 | +1.7% | +0.6 pp |
| 2001 | +1.1% | -2.6 pp |
| 2000 | +3.7% | +0.2 pp |
| 1999 | +3.5% | +1.5 pp |
| 1998 | +2.0% | -1.8 pp |
| 1997 | +3.8% | +2.5 pp |
| 1996 | +1.3% | -1.1 pp |
| 1995 | +2.4% | -0.8 pp |
| 1994 | +3.2% | +4.2 pp |
| 1993 | -1.0% | -2.5 pp |
| 1992 | +1.5% | -0.3 pp |
| 1991 | +1.8% | -1.3 pp |
| 1990 | +3.1% | -0.4 pp |
| 1989 | +3.5% | -1.2 pp |
| 1988 | +4.7% | +2.4 pp |
| 1987 | +2.3% | +0.5 pp |
| 1986 | +1.8% | +0.1 pp |
| 1985 | +1.7% | -0.8 pp |
| 1984 | +2.5% | +2.2 pp |
| 1983 | +0.3% | -0.3 pp |
| 1982 | +0.6% | +0.9 pp |
| 1981 | -0.3% | -4.7 pp |
| 1980 | +4.4% | — |
4. Belgium GDP Growth Performance
Current Growth Rate
+0.7%
(2026 to 2026)
5-Year Average
+1.7%
(2022 to 2026)
10-Year Average
+1.6%
(2017 to 2026)
20-Year Average
+1.4%
(2007 to 2026)
Belgium benefits from a diversified economy, strong logistics networks, and high-value industries. Growth can remain modest when external demand weakens, particularly because of the country’s deep integration with neighboring European markets.
5. Belgium GDP Growth Rate vs Europe and World
Belgium
+0.7%
Europe Average
+1.9%
World Average
+2.8%
0.0%
1.4%
2.8%
Annual real GDP growth (%)
Belgium’s GDP growth rate is approximately
1.2 pp
below the
Europe average
and
2.2 pp
below the world average.
6. Belgium GDP Growth Rate Ranking in Europe
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #35 | France | +0.9% |
| #36 | United Kingdom | +0.8% |
| #37 | Germany | +0.8% |
| #38 | Romania | +0.7% |
| #39 | Austria | +0.7% |
| #40 | Belgium | +0.7% |
| #41 | Slovakia | +0.6% |
| #42 | Italy | +0.5% |
| #43 | Liechtenstein | -0.4% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Belgium
Belgium GDP (Nominal)
$776.7 Billion
(2026)
Belgium GDP Growth Rate
+0.7%
(2026)
Belgium generally grows at a moderate pace similar to other advanced euro-area economies. Its strong trade connections provide opportunities during regional expansions but also increase exposure to European slowdowns.
Explore more:
Belgium GDP
→
9. Belgium GDP Growth Rate Forecast
The outlook depends on consumer spending, investment, exports, industrial recovery, and broader euro-area conditions. Fiscal pressures, labor costs, and weak external demand remain important challenges.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +1.1% | +0.4 pp |
| 2028 | +1.1% | 0.0 pp |
| 2029 | +1.2% | +0.1 pp |
| 2030 | +1.3% | +0.1 pp |
10. Belgium GDP Growth Rate: Key Findings
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Belgium GDP growth rate is estimated at +0.7% in 2026.
✓
It ranks #178 globally and #40 in Europe by annual GDP growth rate.
✓
The growth rate slowed by 0.3 percentage points compared with 2025.
✓
The 5-year average GDP growth rate is +1.7%.
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The 10-year average GDP growth rate is +1.6%.
✓
The current rate is 1.2 percentage points below the Europe average.
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The current rate is 2.2 percentage points below the world average.
✓
The forecast GDP growth rate is +1.3% in 2030, 0.6 percentage points above the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
September 2026
13. Belgium GDP Growth Rate FAQs
Belgium GDP growth rate is estimated at +0.7% in 2026.
Belgium ranks #178 globally and #40 in Europe by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +0.7% in 2026.
Belgium GDP growth rate was +1.5% in 2015.
Belgium GDP growth rate is 1.2 percentage points below the Europe average.
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Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.