Goods balance (credit less debit), Net (credits less debits) (US) in Belgium
Belgium: Goods balance (credit less debit), Net (credits less debits) (US) 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) (US) 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% |
Belgium compared with similar countries
- Belgium's 11.15 billion is above the median for high income countries, which is -810.36 million. (72 countries reporting)
- Belgium's 11.15 billion is above the median for Europe & Central Asia, which is -3.17 billion. (50 countries reporting)
Biggest year-on-year movements
Years where Goods balance (credit less debit), Net (credits less debits) (US) 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 |
|---|---|---|---|
| 2008 | -707.5% | 2.36 billion | -14.34 billion |
| 2019 | +417.3% | -2.00 billion | 6.36 billion |
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
- 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 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.