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Economy Belgium
Flag of Belgium Belgium
Population: 10,348,276 (July 2004 est.)
Capital: Brussels
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Tabular Data - The Belgian Economy

GDP : purchasing power parity - $299.1 billion (2003 est.)
GDP - Real Growth Rate : 1.1% (2003 est.)
GDP - Per Capita : purchasing power parity - $29,100 (2003 est.)
GDP - Composition By Sector : agriculture: 1.9%
industry: 26.3%
services: 71.8% (2003)
Population Below Poverty Line : 4% (1989 est.)
Household Income or Consumption by Percentage : lowest 10%: 3.2%
highest 10%: 23% (1996)
Inflation Rate (Consumer Prices) : 1.6% (2003 est.)
Labor Force : 4.73 million (2003)
Labor Force - By Occupation : agriculture 1.3%, industry 24.5%, services 74.2% (2003 est.)
Budget : revenues: $151.6 billion
expenditures: $151.1 billion, including capital expenditures of $1.56 billion (2003)
Industries : engineering and metal products, motor vehicle assembly, processed food and beverages, chemicals, basic metals, textiles, glass, petroleum
Industrial Production Growth Rate : -1.5% (2003 est.)
Electricity - Production : 74.28 billion kWh (2001)
Electricity - Production by Source : fossil fuel: 38.4%
hydro: 0.6%
nuclear: 59.3%
other: 1.8% (2001)
Electricity - Consumption : 78.18 billion kWh (2001)
Electricity - Exports : 6.712 billion kWh (2001)
Electricity - Imports : 15.82 billion kWh (2001)
Agriculture - Products : sugar beets, fresh vegetables, fruits, grain, tobacco; beef, veal, pork, milk
Exports : $182.9 billion f.o.b. (2003 est.)
Exports - Commodities : machinery and equipment, chemicals, diamonds, metals and metal products, foodstuffs
Exports - Partners : Germany 19.5%, France 17.4%, Netherlands 11.7%, UK 9%, US 6.7%, Italy 5.4% (2003 est.)
Imports : $173 billion f.o.b. (2003 est.)
Imports - Commodities : machinery and equipment, chemicals, diamonds, pharmaceuticals, foodstuffs, transportation equipment, oil products
Imports - Partners : Germany 17.7%, Netherlands 16.5%, France 13.2%, UK 7.5%, US 5.9%, Ireland 5.7% (2003 est.)
Debt - External : $28.3 billion (1999 est.)
Economic Aid - Donor : ODA, $1.072 billion (2002)
Currency : euro (EUR)
note: on 1 January 1999, the European Monetary Union introduced the euro as a common currency to be used by financial institutions of member countries; on 1 January 2002, the euro became the sole currency for everyday transactions within the member countries
Currency Code : EUR
Exchange Rates : euros per US dollar - 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000), 0.9386 (1999)
Fiscal Year : Calendar Year

Country References
Country profile data for Belgium

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Data Source: Central Intelligence Agency 2004 World Factbook