Current account balance (credit less debit), Net (credits less) in Belgium
Belgium: Current account balance (credit less debit), Net (credits less) was -2.54 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Belgium, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), net (credits less debits) in Belgium is -2.54 billion, measured in 2024.
Compared with earlier readings it is down 314.2% on the previous year and down 162.9% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Belgium peaked at 11.18 billion in 2021 and was at its lowest, -10.77 billion, in 2022.
Belgium ranks 159th of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less) in Belgium, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 7.70 billion | — |
| 2006 | 7.55 billion | -1.9% |
| 2007 | 7.04 billion | -6.8% |
| 2008 | -4.30 billion | -161.1% |
| 2009 | 8.78 billion | -304.1% |
| 2010 | 7.34 billion | -16.4% |
| 2011 | -10.17 billion | -238.6% |
| 2012 | -413.62 million | -95.9% |
| 2013 | 5.08 billion | -1327.9% |
| 2014 | 4.04 billion | -20.4% |
| 2015 | 6.36 billion | +57.4% |
| 2016 | 2.65 billion | -58.4% |
| 2017 | 3.52 billion | +32.9% |
| 2018 | -4.74 billion | -234.8% |
| 2019 | 660.70 million | -113.9% |
| 2020 | 4.79 billion | +624.7% |
| 2021 | 11.18 billion | +133.5% |
| 2022 | -10.77 billion | -196.3% |
| 2023 | 1.19 billion | -111.0% |
| 2024 | -2.54 billion | -314.2% |
Belgium compared with similar countries
- Belgium's -2.54 billion is below the median for high income countries, which is 547.38 million. (72 countries reporting)
- Belgium's -2.54 billion is below the median for Europe & Central Asia, which is -449.44 million, 5.7× the median. (50 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Net (credits less) in Belgium changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +1327.9% | -413.62 million | 5.08 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.36 billion | -4.30 billion | 8.78 billion | 5 |
| 2010s | 1.43 billion | -10.17 billion | 7.34 billion | 10 |
| 2020s | 769.60 million | -10.77 billion | 11.18 billion | 5 |
Countries ranked near Belgium
- 156 Yemen -2.42 billion compare
- 157 Mongolia -2.49 billion compare
- 158 Mozambique -2.49 billion compare
- 160 South Africa -2.58 billion compare
- 161 Democratic Republic of Congo -2.72 billion compare
- 162 Saudi Arabia -2.74 billion compare
More financial sector data for Belgium
- Reserve position in the IMF, US dollar, annual growth rate 13.78 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0032 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 193.33 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 8.35 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 141.16 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.78 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0032 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 193.33 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 8.35 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Belgium?
- Current account balance (credit less debit), net (credits less debits) in Belgium was -2.54 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Belgium?
- The highest recorded value was 11.18 billion in 2021.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Belgium?
- The lowest recorded value was -10.77 billion in 2022.
- How does Belgium rank for current account balance (credit less debit), net (credits less debits)?
- Belgium ranks 159th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Belgium?
- Over the last ten years it is down 162.9%. The long-run trend across the full record is volatile.
- Where does this Belgium data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.