The most important sectors of Belgium’s economy in 2018 were public administration, defense, education, human health and social work activities (22.1%), wholesale and retail trade, transport , accommodation and food services (19.4%) and industry (16.7%). Currency: EURO GDP Per Capita : 46, 116 USD (2019) GDP Growth Rate: 1.4% annual change (2019) Gross Domestic Product: 545,962.69 million GNI Per Capita: 52, 590 PPP dollars (2018)
Belgium’s main export partners are Germany, France and the Netherlands while its main import partners are the Netherlands, Germany and France. Exports: In 2017 the top services exported by Belgium were Miscellaneous business, professional, and technical services ($38.3B), Transportation ($25.8B), Computer and information services ($12.7B), Travel ($12.2B), and Financial services ($5.33B) Imports: In 2017 top services imported by Belgium were Miscellaneous business, professional, and technical services ($36.3B), Transportation ($23.9B), Travel ($20.7B), Computer and information services ($9.38B), and Financial services ($5.46B).
Finances with European Union
Breakdown of Belgium’s finances with the EU: – Total EU spending in Belgium: 8.514 billion – Total EU spending as percentage of Belgian GNI: 1.86 % – Total Belgian contribution to the EU budget: 3.840 billion – Belgian contribution to the EU budget as % of its GNI: 0.84 %