Services balance (credit less debit), Net (credits less debits) in Belgium
Belgium: Services balance (credit less debit), Net (credits less debits) was -13.76 billion in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Belgium, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services balance (credit less debit), net (credits less debits) in Belgium stood at -13.76 billion. That is the lowest value across all 20 years on record.
That represents a change of down 37.1% on the previous year and down 276.0% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Belgium peaked at 9.95 billion in 2009 and was at its lowest, -13.76 billion, in 2024.
That places Belgium 185th out of 197 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) in Belgium, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 4.77 billion | — |
| 2006 | 6.27 billion | +31.6% |
| 2007 | 4.03 billion | -35.8% |
| 2008 | 7.69 billion | +91.0% |
| 2009 | 9.95 billion | +29.3% |
| 2010 | 9.89 billion | -0.6% |
| 2011 | 8.06 billion | -18.5% |
| 2012 | 7.19 billion | -10.8% |
| 2013 | 8.55 billion | +19.0% |
| 2014 | 7.82 billion | -8.6% |
| 2015 | 4.65 billion | -40.5% |
| 2016 | 3.76 billion | -19.1% |
| 2017 | 2.56 billion | -32.1% |
| 2018 | 352.33 million | -86.2% |
| 2019 | -3.85 billion | -1193.8% |
| 2020 | -2.58 billion | -33.2% |
| 2021 | -1.54 billion | -40.3% |
| 2022 | -6.98 billion | +353.9% |
| 2023 | -10.04 billion | +43.9% |
| 2024 | -13.76 billion | +37.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.54 billion | 4.03 billion | 9.95 billion | 5 |
| 2010s | 4.90 billion | -3.85 billion | 9.89 billion | 10 |
| 2020s | -6.98 billion | -13.76 billion | -1.54 billion | 5 |
Countries ranked near Belgium
More financial sector data for Belgium
- Total reserves in months of imports, annual growth rate 27.23 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 3.53 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0065 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 397.33 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 0.157 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,496 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 26.86 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 3,448 SDR per person (2025)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Belgium?
- Services balance (credit less debit), net (credits less debits) in Belgium was -13.76 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Belgium?
- The highest recorded value was 9.95 billion in 2009.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Belgium?
- The lowest recorded value was -13.76 billion in 2024.
- How does Belgium rank for services balance (credit less debit), net (credits less debits)?
- Belgium ranks 185th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Belgium?
- Over the last ten years it is down 276.0%. 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 Services 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.