GDP quarterly change in Belgium 2018-2020

Published by Statista Research Department, Feb 6, 2024
As a result of the coronavirus pandemic, Belgium's GDP decreased in 2020. Since the last quarter of 2019, GDP in Belgium decreased by 3.5 percent in the first quarter of 2020 and by a further 12 percent in the second quarter. While these figures remain estimates, the coronavirus outbreak is still expected to have a big impact on the Belgian economy.

Percentage change on the previous quarter of GDP in Belgium from 1st quarter of 2018 to 2nd quarter of 2020

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Source

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Release date

October 2020

Region

Belgium

Survey time period

Q1 2018 to Q2 2020

Supplementary notes

The year 2015 is the base year used to calculate the value. Numbers are based on gross data.

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