The Gross Domestic Product (GDP) in Belgium expanded 1.20 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Belgium averaged 2.27 percent from 1981 until 2019, reaching an all time high of 19.40 percent in the first quarter of 1995 and a record low of -3.60 percent in the first quarter of 2009. 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. This page provides – Belgium GDP Annual Growth Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news.