Services, Debit/Expenditure in Belgium
Belgium: Services, Debit/Expenditure was 164.25 billion in 2024. ▲ Rising
Services, Debit/Expenditure in Belgium, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services, debit/expenditure in Belgium stood at 164.25 billion. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 5.0% on the previous year and up 39.7% over ten years.
Over the whole period, services, debit/expenditure in Belgium peaked at 164.25 billion in 2024 and was at its lowest, 52.48 billion, in 2005.
Belgium ranks 12th of 198 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Debit/Expenditure in Belgium, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 52.48 billion | — |
| 2006 | 54.29 billion | +3.5% |
| 2007 | 69.96 billion | +28.9% |
| 2008 | 89.31 billion | +27.7% |
| 2009 | 82.48 billion | -7.6% |
| 2010 | 87.99 billion | +6.7% |
| 2011 | 96.86 billion | +10.1% |
| 2012 | 99.26 billion | +2.5% |
| 2013 | 105.24 billion | +6.0% |
| 2014 | 117.59 billion | +11.7% |
| 2015 | 104.31 billion | -11.3% |
| 2016 | 105.12 billion | +0.8% |
| 2017 | 115.23 billion | +9.6% |
| 2018 | 123.95 billion | +7.6% |
| 2019 | 128.81 billion | +3.9% |
| 2020 | 120.54 billion | -6.4% |
| 2021 | 137.44 billion | +14.0% |
| 2022 | 144.61 billion | +5.2% |
| 2023 | 156.46 billion | +8.2% |
| 2024 | 164.25 billion | +5.0% |
Belgium compared with similar countries
- Belgium's 164.25 billion is above the median for high income countries, which is 18.44 billion, 8.9× the median. (72 countries reporting)
- Belgium's 164.25 billion is above the median for Europe & Central Asia, which is 18.83 billion, 8.7× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 69.70 billion | 52.48 billion | 89.31 billion | 5 |
| 2010s | 108.44 billion | 87.99 billion | 128.81 billion | 10 |
| 2020s | 144.66 billion | 120.54 billion | 164.25 billion | 5 |
Countries ranked near Belgium
More trade data for Belgium
- Commodity Net Export Price Index, Individual Commodities Weighted by 104.92 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 101.25 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 97.84 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 82.71 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 96.63 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 80.81 (2025)
- Imports of low carbon technology products, Percent of GDP 4.16 (2024)
- Imports of low carbon technology products, US dollar (World), per 2,329 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0412 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 22.03 billion (2024)
Frequently asked questions
- What is services, debit/expenditure in Belgium?
- Services, debit/expenditure in Belgium was 164.25 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Belgium?
- The highest recorded value was 164.25 billion in 2024.
- What is the lowest services, debit/expenditure recorded in Belgium?
- The lowest recorded value was 52.48 billion in 2005.
- How does Belgium rank for services, debit/expenditure?
- Belgium ranks 12th out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Belgium?
- Over the last ten years it is up 39.7%. The long-run trend across the full record is rising.
- Where does this Belgium data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (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.