Belgium GDP Growth Rate
Mar 2026 · Quarterly
Belgium's real GDP growth fell to 0.54% year-on-year in the second quarter of 2026, from 0.76% in the previous quarter. This marks the third consecutive quarterly decline, extending a falling streak, according to the International Monetary Fund. The latest reading remains well below the series' all-time high of 14.51% recorded in the second quarter of 2021, and is the lowest since the first quarter of 2021. Compared with a year earlier, growth slowed from 1.01% in the second quarter of 2025, reflecting a continued deceleration in economic activity. The series, which began in the first quarter of 1996, has seen its recent trajectory soften from the 1.03% recorded in the third quarter of 2025, according to the IMF.}```json {
source: International Monetary Fund
Belgium's real GDP grew 0.78% year-on-year in the first quarter of 2026, down from 0.93% in the previous quarter. The reading was the weakest since at least early 2023, remaining far below the all-time high of 14.5% recorded in the second quarter of 2021.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 0.8% | 0.9% | 14.5%Jun 2021 | -12.1%Jun 2020 | 1996 – 2026 | Quarterly |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| GDP | $725.5B | $671.0B | $725.5B | $11.8B | Dec 2025 | Annual |
| Industrial Production | 0.2% | -2.1% | 15.8% | -7.7% | Dec 2025 | Annual |
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About this series
GDP Growth Rate in Belgium averaged 1.8% from 1996 until 2026, reaching an all-time high of 14.5% in Jun 2021 and a record low of -12.1% in Jun 2020. The series is reported quarterly with history from 1996.
Real GDP growth (YoY) measures the change in the inflation-adjusted value of all final goods and services produced in Belgium. The indicator is expressed as a percentage and reported quarterly. The series begins in the first quarter of 1996.
Source & methodology
International Monetary Fund · IMF. Data is also available free of charge from the IMF
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