Belgium GDP Growth Rate

Last Release

Sep 30, 2025

Actual

0.3

Units In

0.2

Frequency

Quarterly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
15.8 Mar 1995	-11.6 Jun 2020	0.53 %	1980-2025	National Bank of Belgium

In Belgium, household consumption is the main component of GDP and accounts for 52 percent of its total use, followed by government expenditure (25 percent) and gross fixed capital formation (23 percent). Exports of goods and services account for 84 percent of GDP while imports account for 83 percent, adding 1 percent of total GDP.

Latest Updates

Belgium’s GDP grew 0.3% quarter-on-quarter in Q3 2025, confirming preliminary estimates and accelerating from a 0.2% expansion in Q2. Growth picked up in services (0.3% vs 0.2% in Q2), construction (0.9% vs 0.2%), and rebounded in industry (0.3% vs -0.1%). On the demand side, government spending accelerated (0.7% vs 0.6%), while household consumption (0.1% vs 0.4%) grew at a moderated pace. Net exports contributed marginally to growth (+0.1 percentage point), with both exports and imports declining 0.7%. On a year-on-year basis, GDP rose 1.0%, unchanged from Q2 but slightly below initial forecasts 1.1%.