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 Belgium

  2003 2004 2005 2006 2007 Rank
Population (million) 10.3 10.4 10.5 10.6 10.6 i
Economic organizations EMU; EU; IMF; OECD; WTO    
National currency (NC) Euro          
Exchange rate (NC in €) 1 1 1 1 1  
Exchange rate (NC in US$) 1.13 1.24 1.24 1.26 1.37  
Inflation rate 1.8% 1.6% 2.4% 2.5% 2.0% i
GDP            
GDP (billion US$) 310 360 376 397 455 i
GDP (per capita in US$) 30097 34577 35830 37649 42887 i
GDP growth rate 1.0% 3.0% 1.7% 2.8% 2.7% i
GDP (composition by sector):            
Agriculture 1% 1% 1% 1% 1%  
Industry 25% 25% 24% 24% 24%  
Services 74% 74% 75% 75% 75%  
GDP (by type of expenditure):            
Household consumption 53% 53% 53% 53% 52%  
Government consumption 23% 23% 23% 22% 22%  
Gross fixed capital formation 19% 20% 20% 21% 21%  
Trade:            
Export (billion US$) 255 306 334 369 430 i
Import (billion US$) 234 285 320 354 413 i
Public debt (billion US$) 306 339 346 350 386 i
Public debt (share of GDP) 99% 94% 92% 88% 85% i
Unemployment rate 8.2% 8.4% 8.4% 8.2% 7.5% i
Average working hours (per year) 1575 1549 1565 1571 n.a.  
Energy (billion KWh):            
Electricity production 79 n.a. 81 n.a. 83 i
Electricity consumption 80 n.a. 83 86 n.a. i
Crude oil and natural gas:            
Natural gas reserves (billion m³) n.a. n.a. n.a. n.a. 0 i
Natural gas production (billion m³) 0 0 0 0 0 i
Natural gas consumption (billion m³) 15.5 n.a. 16.6 n.a. 17.4 i
Crude oil reserves (billion barrel) n.a. n.a. n.a. n.a. 0 i
Crude oil production (bpd) 13060 n.a. n.a. n.a. 8671 i
Crude oil consumption (bpd) 624200 641000 n.a. n.a. 628500 i
Raw materials:            
Mineral resources lead; carbonates; copper; quartz sand; coal; zinc  
Agricultural resources flax; cereals; vegetables; timber; milk; fruit; sugar beets; veal; beef; pork  
Organic and inorganic chemicals:            
Export (billion US$) 19.8 24.9 28.4 29.5 34.8 i
Import (billion US$) 16.3 19.9 26.5 31.8 36.1 i
Plastic and rubber:            
Export (billion US$) 19.2 23.4 26.9 31.2 36.4 i
Import (billion US$) 12.7 15.3 16.6 18.8 22.3 i
Important companies DOMO Group; Solvay; Tessenderlo Group  

 

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