Goods balance (credit less debit), Net (credits less debits) in Belgium
Belgium: Goods balance (credit less debit), Net (credits less debits) was 11.15 billion in 2024. ◆ Volatile
Goods balance (credit less debit), Net (credits less debits) in Belgium, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for goods balance (credit less debit), net (credits less debits) in Belgium is 11.15 billion, measured in 2024.
The figure is up 31.8% on the previous year and up 258.8% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Belgium peaked at 12.92 billion in 2021 and was at its lowest, -14.34 billion, in 2008.
Belgium ranks 34th of 198 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Goods balance (credit less debit), Net (credits less debits) in Belgium, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 3.87 billion | — |
| 2006 | 2.86 billion | -26.1% |
| 2007 | 2.36 billion | -17.5% |
| 2008 | -14.34 billion | -707.5% |
| 2009 | -4.48 billion | -68.8% |
| 2010 | -4.74 billion | +5.7% |
| 2011 | -13.47 billion | +184.5% |
| 2012 | -12.42 billion | -7.8% |
| 2013 | -8.83 billion | -28.9% |
| 2014 | -7.02 billion | -20.4% |
| 2015 | 1.85 billion | -126.4% |
| 2016 | 1.92 billion | +4.0% |
| 2017 | 2.71 billion | +40.6% |
| 2018 | -2.00 billion | -174.1% |
| 2019 | 6.36 billion | -417.3% |
| 2020 | 10.18 billion | +60.1% |
| 2021 | 12.92 billion | +26.9% |
| 2022 | -5.57 billion | -143.1% |
| 2023 | 8.46 billion | -251.9% |
| 2024 | 11.15 billion | +31.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.95 billion | -14.34 billion | 3.87 billion | 5 |
| 2010s | -3.56 billion | -13.47 billion | 6.36 billion | 10 |
| 2020s | 7.43 billion | -5.57 billion | 12.92 billion | 5 |
Countries ranked near Belgium
- 31 Libya 13.88 billion compare
- 32 Nigeria 13.17 billion compare
- 33 South Africa 11.74 billion compare
- 35 Venezuela 11.06 billion compare
- 36 Azerbaijan 8.82 billion compare
- 37 Papua New Guinea 8.71 billion compare
More financial sector data for Belgium
- Net domestic credit (current LCU), per capita 64,305 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1.14 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 1.17 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 255.88 million SDR (2025)
- Gold reserves at market value 23.32 billion SDR (2025)
- Reserves excluding gold, foreign exchange 4.74 billion SDR (2025)
- Reserves excluding gold 17.86 billion SDR (2025)
- Total reserves (gold at market value) 41.18 billion SDR (2025)
- Total reserves (gold at national valuation) 40.88 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 3,423 SDR per person (2025)
Frequently asked questions
- What is goods balance (credit less debit), net (credits less debits) in Belgium?
- Goods balance (credit less debit), net (credits less debits) in Belgium was 11.15 billion in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Belgium?
- The highest recorded value was 12.92 billion in 2021.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Belgium?
- The lowest recorded value was -14.34 billion in 2008.
- How does Belgium rank for goods balance (credit less debit), net (credits less debits)?
- Belgium ranks 34th out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Belgium?
- Over the last ten years it is up 258.8%. 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 Goods 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.