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A country report for Belgium is presented from publisher IHS Markit with topics including information on maintaining political stability; forecasts of gross domestic product (GDP); and impact of COVID-19 on economy of the country.

This publication provides an economic outlook for Belgium through 2018. Topics discussed include the country's short-term, medium-and-long-term outlooks, capital investment, and labor market situations. Tables and graphs are also presented on its macro-economic and debt indicators including real gross domestic product (GDP), consumer price index, and exchange rate.

The article presents a country intelligence report on Belgium as of September 25, 2013. It offers an economic outlook, seeing a growth of 0.1% in 2013 and 1% in 2014, consumer spending impacted by the Eurozone sovereign debt crisis and tight lending conditions, and restricted fiscal policy. It cites changes since the August interim forecast, noting upward revisions in real gross domestic product, unemployment and exports. It also talks about growth, policy, and the external sector.

The article presents an analysis of country risk in Belgium as of August 2012. It shows the key economic forecast for the country from 2007 to 2017 including real gross domestic product (GDP) growth, inflation and current account. It also mentions the social indicators in the country as of 2011 which include data on primary energy, population and workforce distribution.

The article discusses the economic outlook in Belgium as of June 1, 2012. According to the IHS Global Insight Inc., the growth in the gross domestic product (GDP) in the country will increase by 0.3% in 2012 and 0.9% in 2013. It also mentions that consumer spending will be limited due to tight lending conditions and financial-market crisis. Moreover, the fiscal policy will be restrained due to high public debt of the country.

The article presents an economic outlook for Belgium. The European country's gross domestic product growth is expected to slow in the near term after sinking into recession in the final quarter of 211. Consumer spending will be affected by the financial-market crisis and tight lending conditions. Private consumption will increase 0.5 percent in 2012 while total fixed investment will contract 0.3 percent. Information is also provided on the country's economic structure.

The article presents a medium- and long-term economic outlook for Belgium. An average of around 1.8% per year in the medium and longer terms is predicted for Belgium's gross domestic product (GDP). Expected to shift away from the industrial toward the services sector is the productive structure of the Belgian economy. The widening and deepening of the European Union (EU) is expected to increase the country's proportion of both exports and imports in real GDP.

The article forecasts the economic performance of Spain for 2012-2016 with regards to its international assumptions and economic growth. Noted is the Belgium has been experiencing a general slowdown in the euro area despite its gross domestic growth (GDP) by 2.3 percent in 2010. Also noted is the increased risk wherein several countries in the euro zone will be forced to leave due to negative assumptions on economic growth.

The article presents the economic overview which centers on market economy, economic performance and gross domestic product (GDP) status in Belgium.

The article presents the economic outlook and assumptions of Belgium in 2011. It says that IHS Global Insights Inc. projected that the country's gross domestic product (GDP) will expand by 1.5% in 2011. It states that Belgium's public debt hiked to 96.7% of GDP in 2009, but there is still a need for the country to decrease its debt to 60% of GDP, following the European Union rules. Moreover, it adds IHS Global Insights raised its forecast on inflation for 2011 to an average of 2.8%.

The article focuses on the economic forecast and assumptions for Belgium according to the IHS Global Insight. It expects a slow growth in the economy of the country wherein its gross domestic product (GDP) is expected to slow down to 1.5% in 2011 from 2.0% in 2010. It adds that the global financial crisis and tight lending condition in the country will limit consumer spending. Moreover, it cites the role of the European Central Bank on the increase of the interest rate in the country.

The article presents an economic forecast for Belgium by the Economist Intelligence Unit Ltd. (EIU), through 2011. An overview on the country's international assumption, economic growth, inflation, national currency exchange rates, and export earnings is provided. Further, EIU predicts that the country's gross domestic product (GDP) will moderately grow by 0.9% in 2010 and 1% in 2011.

The article forecasts the economic performance of Belgium for 2010-2011 with regards to its international assumptions, economic growth, and exchange rates. The Economist Intelligence Unit Ltd. is expecting that Belgium's Gross Domestic Product (GDP) to resume in its moderate growth of 1% in 2010 and 1.2% in 2011. On the other hand, gross fixed investment is forecasted to increase by 1.8% in 2011 due to higher business assurance and looser credit conditions.

The article forecasts the economy of Belgium from 2008-2011. It expects that the gross domestic product (GDP) of the country will resume its moderate growth to 0.8% in 2010 and 1.3% in 2011. It notes that its exports will increase to 2% in 2010 and 2.8% in 2011 following their 15.6% increase in 2009. It points out that its inflation will still be in line with the euro area average in 2010 and 2011. Its euro is expected to be strong in the following months though it will be weaken during 2010.

The article presents projections on the economy in Belgium in 2009-2010. The country an anticipates gross domestic product (GDP) to decline by 4.5 percent in 2009 as well as downfall in consumer demand. It shows that inflation will fall to 0.5 percent in 2009 and will grow to 1.3 percent in 2010. In addition, the euro is expected to strengthen against the dollar with average rates to be at US$1.33:€1 in 2009 and US$1.39:€1 in 2010.

Presents an overview of the economic conditions in Belgium. Details on economic performance, balance of payments, and regional situations; Macroeconomic data, including gross domestic product, unemployment rates, and foreign exchange rates; Major trading partners; Production of major crops, meat, and other agricultural exports and imports; Production and consumption of primary energy and electric power; Transportation and telecommunication data.

The article presents an economic forecast for Belgium through 2009. It discusses the country's international assumptions in terms of its gross domestic product, exchange rates, and financial indicators. It states that the growth in most of Asia will stay strong, but the region is affected by inflation which endangers a wage price spiral resulting to tighter monetary policy and slowdown in 2009.

The article presents the economic forecasts in Belgium for 2006-2009, including its international assumptions, economic growth, inflation, exchange rates, and external sector. After growing by 2.7% in 2007, gross domestic product (GDP) growth is expected to decelerate to an average of 1.7% in 2008-2009. Inflation rose sharply in the fourth quarter of 2007 before increasing further to 3.6% in January and February 2008 and 4.3% in March.

Several charts are presented depicting the data and forecasts of the economic condition of Belgium relative to its gross domestic product, foreign trade, and exchange rate.

The article presents an overview of the domestic economy of Belgium in 2007 including its output and demand, sectoral trends and employment, wages and prices. The growth estimates of the country's gross domestic product (GDP) remained at a 2.5% rate. The growth of its construction and industry decreased, though its services sector remained constant. Furthermore, the levels of employment and hours worked stabilized in June with changes on a month-to-month basis.

The article offers political and economic overview for Belgium for the year 2007 to 2008. Politically, a center-right coalition of Flemish- and French-speaking Christian democrat and liberal parties may allegedly arise by October 2007, following the national election that took place in June 2007. Economically, gross domestic growth of the year will allegedly be maintained in the next fiscal year, with private consumption and strong investment and exports performing well together.

The article focuses on the growth of gross domestic product (GDP) in Belgium. As forecasted by the Economist Intelligence Unit the total annual GDP of the country has turned over 3% in 2006. The private consumption has slowed down in the third quarter and inventories are decreasing as a result of the substantial domestic and foreign demand. The exports and imports service expanded abruptly in the third quarter.

The article presents an overview of Belgium's domestic economy. The Economist Intelligence Unit forecasts on the growth of the country's gross domestic product, the rapid growing sectoral trends, employment in the labor market and the financial indicators of the country's stockmarket. The Belgian trade surplus in the international market is also forecasted.

The article discusses the foreign trade aspect of Belgium's economy. Belgium is heavily dependent on international trade with exports accounting for more than 80% of the gross domestic product. Historically, Belgium has run an overall trade surplus but it has been shrinking since 2002 according to the Belgian National Statistical Office. A trade deficit with non-European Union countries existed amounting to €10.6 billion. 19.9% of exports is destined for Germany, with France second.

The article discusses economic incentives in Belgium. While fiscal and social-security-related incentives are decided nationally and project- and investment-related incentives are a regional matter, all incentives must comply with European Union rules. Co-ordination, distribution and service centers, research and development, and investment in capital goods have tax breaks. Around 0.40% of Belgium's gross domestic product is comprised of state aid.

Several charts are presented that lists the macroeconomic data of Belgium including the real gross domestic product (GDP) for 2000-2005, GDP forecast for 2000-2010 and the GDP per capita in major Eurozone countries for 2005.

The article presents the domestic economy trends in Belgium in 2006. The gross domestic product decreased slightly to a growth rate of 0.8% quarter on quarter in the second quarter of the year. Business confidence indicators for private consumption deteriorated to an average of -4 in the second quarter of the year. The sectoral trends for manufacturing, construction, and retail trade is also given, which showed that all three sectors were performing positively.

The article presents the economic and political outlook of Belgium for 2007 to 2008. An overview of the country's political scene is given, including domestic politics and international relations as well as a forecast on the possible takeover of the Christian Democrat-Socialist party after the May 2007 election. The country's economic policy outlook is also provided, which includes its policy trends on boosting employment rate, fiscal policy on gross domestic product, and monetary policy.

Presents an overview of the economic conditions in Belgium. Details on economic performance, balance of payments, and regional situations; Macroeconomic data, including gross domestic product, unemployment rates, and foreign exchange rates; Major trading partners; Production of major crops, meat, and other agricultural exports and imports; Production and consumption of primary energy and electric power; Transportation and telecommunication data.

The article forecasts the political and economic conditions of Belgium by 2006 and 2007. The Vlaams Belang, the Flemish nationalist party has gained an increase support from 26.1 percent to 26.6 percent making them just behind the Flemish Christian Democrats with 26.7 percent support. Both parties are determined to bring about constitutional reforms such as immigration policies to cast higher support. Meanwhile, there is an increase in its gross domestic product for 2006 and 2007.

The article presents information about the economic trends for the Belgian economy. Gross domestic product (GDP) growth corrected for seasonal variations and calendar effects accelerated slightly in the second quarter of 2005 reaching a quarter-on-quarter growth rate of 0.3 percent, compared with stagnation in the first three months of the year. The higher GDP growth rate was the result of a stronger increase in domestic demand. Export volume has continued its contraction in quarterly terms, falling by 1.8 percent in the second quarter of the year, after having decreased by 2.8 percent during the first three months.

The article presents information about the direction of economic policy in Belgium. The government will aim for a nominally balanced budget for the seventh consecutive year which, if achieved, will make Belgium one of a few EU countries whose budget will not be in deficit. The budget next year is based on a gross domestic product growth hypothesis of 2.2 percent. The justice and transport departments are the most notable exceptions to a general policy for reducing public expenditure. Apart from measures aimed at limiting expenditure for next year, the government had to introduce additional measures to raise revenue in order to balance the budget.

Discusses various aspects of the economy of Belgium. Stagnation of Gross Domestic Product at the beginning of the year 2005 due to a negative contribution to growth by the external sector, as well as a slight contraction in public consumption expenditure; Decrease in the overall consumer confidence indicator in the second quarter of 2005; Weakening of business and housing investment growth.

Provides the economic forecast for Belgium. Increase in the growth of Gross Domestic Product from 0.9% in 2002 to 1.3% in 2003 and 2.7% in 2004; Possibility of lower wage rises in the 2005-06 contract period than in the previous period; Increase in inflation due to rising oil and other commodity prices 2004.

Presents an overview of the economic conditions in Belgium. Details on economic performance, balance of payments, and regional situations; Macroeconomic data, including gross domestic product, unemployment rates, and foreign exchange rates; Major trading partners; Production of major crops, meat, and other agricultural exports and imports; Production and consumption of primary energy and electric power; Transportation and telecommunication data.

Provides information about the performance of the domestic economy of Belgium for 2004. Contribution of external demand on gross domestic product; Increase in private consumption expenditure; Acceleration in investment expenditure; Percentage increase in crude industrial output.

Provides an overview on the domestic economy of Belgium. Contributions of exports on the gross domestic product growth; Increase in the consumer confidence indicator; Investment expenditure in the first quarter of 2004.

The article presents information about the domestic economy of Belgium. GDP grew by 0.7% quarter on quarter during the last three months of 2003, which represents a continuation of the 0.6% bounce-back in the third quarter of last year, following three quarters of near-stagnation. Investment expenditure continued decelerating in the last three months of 2003, contracting by 0.4% quarter on quarter, after having decreased by 3.1% in the third quarter. Housing investment made a positive contribution to growth in 2003.

Focuses on the domestic economy in Belgium as of April 2004. Growth of gross domestic product; Acceleration of demand; Decline of manufacturing investment.

Presents economic forecasts for Belgium for 2004-2005. Expectation of gross domestic product growth; Risk from the high level of corporate indebtedness; Reduction of inflation.

Reports on the domestic economy of Belgium. Decline in gross domestic product in the second quarter of 2003; Growth of private consumption expenditures; Decrease in business investment; Decline in exports and imports; Sectoral trends.

Presents the political and economic outlook for Belgium for 2004 to 2005. Administrative and tax reforms implemented by the outgoing government; International relations; Political parties' support for the government's aim to increase employment; Fiscal and monetary policies; Economic forecast; Gross domestic product by expenditures.

Reports developments related to domestic economy in Belgium as of September 2003. Growth on gross domestic products; Decline on exports; Assessment of industrial and construction output.

Presents an overview of the economic conditions in Belgium. Details on economic performance, balance of payments, and regional situations; Macroeconomic data, including gross domestic product, unemployment rates, and foreign exchange rates; Major trading partners; Production of major crops, meat, and other agricultural exports and imports; Production and consumption of primary energy and electric power; Transportation and telecommunication data.

This article focuses on the economic and political forecast of Belgium for 2003-04. The outgoing government had implemented administrative and tax reforms and attempted to improve the judiciary and police forces, which had been discredited in the late 1990s. All major parties, both in government and in opposition, were strongly opposed to the war on Iraq, as was public opinion. The Belgian government called a controversial meeting of French, German, Belgian and Luxembourg ministers of defense in April to discuss whether progress could be made towards closer defense co-operation. Despite a decade of austerity, Belgium's public finances are still weighed down by a debt equivalent to 105% of gross domestic product at end-2002. In national-accounts terms, exports and imports are estimated to have declined in 2002. Inflation fell from an average of 2.5% in 2001 to 1.6% in 2002 and 1.4% in the first half of 2003. Belgium has been running a substantial current-account surplus in recent years, which rose further in 2002, to US$11.6bn or 4.7% of gross domestic product.

Presents an analysis of the economy of Belgium as of July 2003. Includes information on Gross Domestic Product (GDP), Real GDP, consumer prices, foreign trade, official exchange rate, etc. Developments affecting consumer markets; Reaction of the labor markets to economic conditions; Policy issues under consideration that may impact the economy; Recent trends in foreign trade and expectations for the future; The state of business confidence within the country; Statistical information on several economic components of the country; Provides import and export statistics.

Focuses on the political and economic conditions of Belgium as of May 1, 2003. Fiscal policy; Monetary policy; Forecasted real gross domestic product growth for 2003 over 2002.

Presents an analysis of the economy of Belgium as of April 2003. Includes information on Gross Domestic Product (GDP), Real GDP, consumer prices, foreign trade, official exchange rate, etc. Developments affecting consumer markets; Reaction of the labor markets to economic conditions; Policy issues under consideration that may impact the economy; Recent trends in foreign trade and expectations for the future; The state of business confidence within the country; Statistical information on several economic components of the country; Provides import and export statistics.