What is the current inflation rate in Belgium?

Belgium's consumer price inflation is 3.6% year-on-year as of Jul 2026.

How big is Belgium's economy?

Belgium's nominal GDP was $725.5B in 2025.

Belgium's unemployment rate is 6.0% as of Jul 2026.

We use primary economic sources for every country. See our methodology page for how we source and verify it.

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
GDP, current prices, USD	$725.5B	$671.0B	$725.5B	$11.8B	Dec 2025	Annual
Real GDP growth, YoY	0.8%	0.9%	14.5%	-12.1%	Mar 2026	Quarterly
Inflation rate, CPI YoY	3.6%	3.4%	16.3%	-1.7%	Jul 2026	Monthly
Unemployment rate	6.0%	6.3%	10.1%	4.9%	Jul 2026	Monthly
Policy / benchmark interest rate	2.3%	2.3%	4.8%	0.0%	Aug 2026	Monthly
Government debt % GDP	106.3%	103.9%	138.9%	76.8%	Dec 2025	Annual

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
GDP From Agriculture	96.8%	99.7%	106.7%	58.6%	Jun 2026	Quarterly
GDP From Construction	116.7%	117.0%	117.0%	65.2%	Jun 2026	Quarterly
GDP, current prices, USD	$725.5B	$671.0B	$725.5B	$11.8B	Dec 2025	Annual
Full-Year GDP Growth	1.0%	1.1%	6.3%	-4.8%	Dec 2025	Annual
GDP From Manufacturing	104.1%	103.9%	112.4%	75.8%	Jun 2026	Quarterly
GDP per capita, PPP	Int$74,676	Int$74,225	Int$74,676	Int$18,688	Dec 2025	Annual
GDP per capita, current USD	$60,750	$56,582	$60,750	$1,290	Dec 2025	Annual
GDP, PPP, international $	Int$891.8B	Int$880.2B	Int$891.8B	Int$186.3B	Dec 2025	Annual
GDP From Public Administration	118.0%	118.5%	118.6%	75.4%	Jun 2026	Quarterly
Real GDP growth, YoY	0.8%	0.9%	14.5%	-12.1%	Mar 2026	Quarterly

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
Total population	11.9M	11.9M	11.9M	9.2M	Dec 2025	Annual
Unemployment rate	6.0%	6.3%	10.1%	4.9%	Jul 2026	Monthly

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
Inflation rate, CPI YoY	3.6%	3.4%	16.3%	-1.7%	Jul 2026	Monthly
Producer Prices MoM	0.6%	-1.0%	6.0%	-7.0%	Jul 2026	Monthly
PPI / producer prices YoY	8.7%	3.5%	36.0%	-14.9%	Apr 2026	Monthly

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
Policy / benchmark interest rate	2.3%	2.3%	4.8%	0.0%	Aug 2026	Monthly
Private credit / GDP	68.1%	69.3%	76.1%	54.5%	Dec 2024	Annual
Official / period-average FX vs USD	0.86 per USD	0.88 per USD	1.48 per USD	0.63 per USD	Aug 2026	Monthly
Foreign-exchange reserves (ex-gold)	$54.0B	$53.5B	$62.4B	$11.5B	Jul 2026	Monthly

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
House Price Index	146	147	147	70.03	Mar 2026	Quarterly
House Price Index YoY	2.0%	3.5%	10.6%	-1.3%	Mar 2026	Quarterly

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
Consumer Confidence	-16.30	-15.90	5.40	-28.10	Aug 2026	Monthly
Retail Sales MoM	0.9%	0.8%	13.0%	-11.3%	Jul 2026	Monthly
Retail Sales YoY	0.6%	-0.1%	17.9%	-10.0%	Jul 2026	Monthly

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
Current account % GDP	-1.9%	-0.4%	4.5%	-1.9%	Dec 2025	Annual
Current Account Goods	$3.2B	$-1.5B	$9.0B	$-8.0B	Mar 2026	Quarterly
Current Account Services	$-2.6B	$-2.9B	$5.0B	$-5.8B	Mar 2026	Quarterly
FDI inflows	$-28.8B	$-41.4B	$190.4B	$-41.6B	Dec 2025	Annual
Gold Reserves	$29.7B	$29.5B	$38.1B	$2.1B	Jul 2026	Monthly
Personal remittances, received	$16.3B	$15.5B	$16.3B	$658.9M	Dec 2025	Annual
Tourism Revenues	$2.1B	$2.5B	$3.8B	$1.3B	Mar 2026	Quarterly
Exports	$562.5B	$562.3B	—	—	2025	Annual
Imports	$542.0B	—	—	—	2025	Annual

#	Name	Value 2025	Share	YoY
1	Netherlands	$179B	16.2%	+0.6%
2	Germany	$162B	14.7%	+11%
3	France	$125B	11.3%	-2.4%
4	United States	$76B	6.9%	+4.3%
5	United Kingdom	$54.1B	4.9%	-4.9%
6	Refined industrial goods	$44.9B	3.9%	+6.2%
7	Processed materials	$37.9B	3.3%	-3.1%
8	Specialty equipment	$30.8B	2.7%	+12%
9	Consumer products	$23.8B	2.2%	+0.7%
10	Intermediate goods	$16.8B	1.6%	-5.4%

FAQ

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
Budget balance % GDP	-5.3%	-4.4%	0.2%	-16.0%	Dec 2025	Annual
Government debt % GDP	106.3%	103.9%	138.9%	76.8%	Dec 2025	Annual
Military expenditure	1.3%	1.2%	3.4%	0.9%	Dec 2024	Annual
Military expenditure, current USD	$8.6B	$7.6B	$8.6B	$383.2M	Dec 2024	Annual
Government Spending to GDP	55.0%	54.1%	64.6%	48.6%	Dec 2025	Annual
Tax revenue % GDP	23.0%	22.5%	27.3%	21.7%	Dec 2024	Annual

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
Business Confidence	-16.20	-16.00	7.00	-34.30	Aug 2026	Monthly
Industrial production YoY	0.2%	-2.1%	15.8%	-7.7%	Dec 2025	Annual

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
Age-dependency ratio	57.9%	57.6%	58.8%	48.2%	Dec 2025	Annual
Total fertility rate	1.44 births per woman	1.47 births per woman	2.71 births per woman	1.44 births per woman	Dec 2024	Annual
Life expectancy at birth	82.30 years	82.40 years	82.40 years	69.70 years	Dec 2024	Annual
Working-age population	7.6M	7.5M	7.6M	5.9M	Dec 2025	Annual

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
Hospital beds per 1,000	5.42 per 1,000 people	5.46 per 1,000 people	9.40 per 1,000 people	5.42 per 1,000 people	Dec 2023	Annual
Health expenditure % GDP	10.8%	10.7%	11.5%	8.0%	Dec 2023	Annual

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
CO2 emissions	86.65 Mt CO₂	85.73 Mt CO₂	149 Mt CO₂	85.73 Mt CO₂	Dec 2024	Annual
Energy use per capita	4,078 kg oil eq. per capita	4,051 kg oil eq. per capita	5,663 kg oil eq. per capita	4,051 kg oil eq. per capita	Dec 2024	Annual

Indicator	Last	Previous	Highest	Lowest	Last updated	Frequency
ICT goods exports, % of goods exports	1.9%	2.0%	6.1%	1.6%	Dec 2024	Annual
ICT service exports, % of service exports	14.9%	14.7%	14.9%	6.8%	Dec 2025	Annual
Research & development expenditure % GDP	3.3%	3.2%	3.4%	1.7%	Dec 2023	Annual
High-technology exports, % of manufactured exports	20.4%	18.7%	22.8%	8.5%	Dec 2024	Annual