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Belgium GDP Growth Rate (QoQ)

Belgium's Quarter-over-Quarter GDP growth rate slowed to 0.2% in Q2 2025 from 0.4% in Q1 2025. This deceleration resulted from weaker services and construction output, alongside a contraction in the industrial sector. Domestic demand faced headwinds from persistent inflation despite a decrease in overall inflation. Household consumption and government spending rose but fixed investment fell. Exports decreased by 1.1%, negatively impacting net exports. Belgium's record low GDP growth rate was -11.6% in Q2 2020 and record high was 15.8% in Q1 1995.

Quarterly Historical Data (1980-2025)

(in %)
Quarter GDP Growth Rate (QoQ)
Q2 2025 0.2%
Q1 2025 0.4%
Q4 2024 0.2%
Q3 2024 0.3%
Q2 2024 0.3%
Q1 2024 0.4%
Q4 2023 0.3%
Q3 2023 0%
Q2 2023 0.1%
Q1 2023 0.2%
Q4 2022 0.3%
Q3 2022 0.8%
Q2 2022 1.3%
Q1 2022 0.7%
Q4 2021 0.8%
Q3 2021 2.2%
Q2 2021 1.9%
Q1 2021 1.8%
Q4 2020 -0.1%
Q3 2020 11.9%
Q2 2020 -11.6%
Q1 2020 -3.1%
Q4 2019 0.7%
Q3 2019 0.7%
Q2 2019 0.4%
Q1 2019 0.3%
Q4 2018 0.9%
Q3 2018 0.3%
Q2 2018 0.5%
Q1 2018 0.4%
Q4 2017 0.8%
Q3 2017 0.1%
Q2 2017 0.3%
Q1 2017 0.8%
Q4 2016 0.5%
Q3 2016 0.2%
Q2 2016 0.7%
Q1 2016 0.2%
Q4 2015 0.4%
Q3 2015 0.2%
Q2 2015 0.7%
Q1 2015 0.5%
Q4 2014 0.5%
Q3 2014 0.7%
Q2 2014 0.3%
Q1 2014 0.4%
Q4 2013 0.2%
Q3 2013 0.3%
Q2 2013 0.6%
Q1 2013 -0.3%
Q4 2012 0%
Q3 2012 0.2%
Q2 2012 0%
Q1 2012 0.2%
Q4 2011 0.3%
Q3 2011 0.3%
Q2 2011 0.2%
Q1 2011 0.5%
Q4 2010 0.5%
Q3 2010 0.4%
Q2 2010 1%
Q1 2010 0.5%
Q4 2009 0.8%
Q3 2009 1.3%
Q2 2009 0%
Q1 2009 -1%
Q4 2008 -2.2%
Q3 2008 -0.6%
Q2 2008 0.1%
Q1 2008 0.4%
Q4 2007 0.4%
Q3 2007 0.8%
Q2 2007 0.5%
Q1 2007 1.4%
Q4 2006 1.1%
Q3 2006 0.9%
Q2 2006 0.4%
Q1 2006 0.6%
Q4 2005 0.8%
Q3 2005 0.4%
Q2 2005 0.6%
Q1 2005 0.5%
Q4 2004 0.4%
Q3 2004 0.9%
Q2 2004 1%
Q1 2004 1.5%
Q4 2003 0.7%
Q3 2003 0.4%
Q2 2003 0.2%
Q1 2003 -0.3%
Q4 2002 0.4%
Q3 2002 0.5%
Q2 2002 0.9%
Q1 2002 0.9%
Q4 2001 -0.1%
Q3 2001 -0.2%
Q2 2001 0%
Q1 2001 0.1%
Q4 2000 1%
Q3 2000 0.5%
Q2 2000 0.7%
Q1 2000 0.7%
Q4 1999 1.2%
Q3 1999 1.5%
Q2 1999 1.4%
Q1 1999 1%
Q4 1998 0.2%
Q3 1998 0.3%
Q2 1998 0.3%
Q1 1998 0.3%
Q4 1997 0.6%
Q3 1997 0.9%
Q2 1997 1.5%
Q1 1997 1%
Q4 1996 0.8%
Q3 1996 0.5%
Q2 1996 0.7%
Q1 1996 -0.2%
Q4 1995 0.2%
Q3 1995 0.6%
Q2 1995 0.4%
Q1 1995 15.8%
Q4 1994 1.7%
Q3 1994 0.3%
Q2 1994 1.1%
Q1 1994 0.7%
Q4 1993 1%
Q3 1993 0.3%
Q2 1993 1%
Q1 1993 -0.8%
Q4 1992 -1.2%
Q3 1992 0.3%
Q2 1992 -1.2%
Q1 1992 1.4%
Q4 1991 0.5%
Q3 1991 0.7%
Q2 1991 1.2%
Q1 1991 -0.4%
Q4 1990 1.2%
Q3 1990 0.1%
Q2 1990 -0.4%
Q1 1990 1.6%
Q4 1989 1.3%
Q3 1989 0.4%
Q2 1989 1%
Q1 1989 0.8%
Q4 1988 1%
Q3 1988 1.2%
Q2 1988 0.9%
Q1 1988 1%
Q4 1987 1.3%
Q3 1987 1.4%
Q2 1987 1.1%
Q1 1987 0.7%
Q4 1986 -1.2%
Q3 1986 1.2%
Q2 1986 0.2%
Q1 1986 0.5%
Q4 1985 0.5%
Q3 1985 0.7%
Q2 1985 0.4%
Q1 1985 0.4%
Q4 1984 0.6%
Q3 1984 0.3%
Q2 1984 0.2%
Q1 1984 0.4%
Q4 1983 1.1%
Q3 1983 0.8%
Q2 1983 0%
Q1 1983 0%
Q4 1982 -0.6%
Q3 1982 0.1%
Q2 1982 0.3%
Q1 1982 0.1%
Q4 1981 0.3%
Q3 1981 -0.4%
Q2 1981 1.5%
Q1 1981 0%
Q4 1980 -0.2%
Q3 1980 -1%
Q2 1980 -0.7%

Recent Events

datetime event actual previous consensus
2025-08-29 05:00 AM GDP Growth Rate QoQ Final (Q2) 0.2% 0.4% 0.2%

Next Release Date :

Belgium GDP Growth Rate (QoQ) : Definition
Belgium's Quarter-over-Quarter GDP growth rate calculates the percentage change in the nation's total economic output from one quarter to the next. It compares the current quarter's Gross Domestic Product value against the previous quarter's value. Belgium's GDP includes household spending, business investment, government expenditure and net exports.
Indicator Last Value Prior Value Period
GDP $664.56B $644.66B 2024
GDP Annual Growth Rate 1.02% 1.2% 2024
GDP Growth Rate (YoY) 1% 1.1% Jun'25
GDP per Capita $44,837.72 $44,722.2 2024
GDP per Capita PPP $63,083.18 $62,920.64 2024
R&D Expenditure (% GDP) 3.41% 3.39% 2022
Real GDP $532.53B $527.16B 2024