| Real GDP growth (2024) | 1.0%confirmed annual rate | 1.0% |
| Real GDP growth (2025 forecast) | 0.9%NBB consensus forecast | 0.9% |
| Real GDP growth (2026 forecast) | 1.0%NBB consensus forecast | 1.0% |
| Real GDP growth (2027 forecast) | 1.2%NBB consensus forecast | 1.2% |
| GDP per capita (2024) | $56,731USD | $56,731 |
| Average inflation (2023) | 2.3%HICP | 2.3% |
| Average inflation (2024) | 4.3%HICP — elevated | 4.3% |
| Average inflation (2025 forecast) | 2.8%NBB consensus forecast | 2.8% |
| Average inflation (2026 forecast) | 1.8%NBB consensus forecast | 1.8% |
| Average inflation (2027 forecast) | 2.1%NBB consensus forecast | 2.1% |
| ILO unemployment rate (2024) | 5.8%of labour force aged 15–64 | 5.8% |
| ILO unemployment rate (2025) | 6.2%Q1 2025 | 6.2% |
| ILO unemployment rate (Q3 2024) | 6.0%up from 5.4% in Q2 | 6.0% |
| Employment rate (2024) | 72.3%of people aged 20–64 | 72.3% |
| Employment rate (Q1 2025) | 72.6%of people aged 20–64 | 72.6% |
| Unemployed persons (Q3 2024) | 320,000ILO definition | 320,000 |
| Youth unemployment rate (Q3 2024) | 19.9%of active youth | 19.9% |
| Youth unemployment rate (2024 annual) | 16.75%annual average (ILO estimate) | 16.75% |
| Youth unemployment rate (2023) | 16.12%ILO estimate | 16.12% |
| NEET rate (2024) | 9.9%of youth aged 15–29 | 9.9% |
| Government debt (2024) | 104.7%of GDP | 104.7% |
| Government debt (2025 forecast) | 105.9%of GDP | 105.9% |
| Government debt (2026 forecast) | 108.2%of GDP | 108.2% |
| Government debt (2027 forecast) | 109.1%of GDP | 109.1% |
| Budget balance (2024) | -4.5%of GDP | -4.5% |
| Budget balance (2025 forecast) | -5.1%of GDP | -5.1% |
| Current account balance (2024) | -2.6BUSD (goods & services) | -2.6B |
| Current account balance (2025) | -13.8BUSD (goods & services) | -13.8B |
| Current account (Q2 2025) | -2.26%of GDP | -2.26% |
| Decade average current account | 0.72%of GDP (2003–2025 avg) | 0.72% |
Modest Growth
Belgium's GDP grew by 1.0% in 2024, with forecasts of 0.9–1.2% through 2027 — below the euro area average.
Inflation Normalisation
Inflation peaked at 4.3% in 2024 and is projected to drop below 2% by 2026, returning to pre-crisis levels.
Stable Unemployment
Belgium's ILO unemployment rate remained around 5.8–6.0% in 2024–2025, below the euro area average of 8.5%.
Youth Unemployment Challenge
Youth unemployment spiked to 19.9% in Q3 2024 — more than triple the national average — a critical target for mentoring.
High Public Debt
Belgium's public debt‑to‑GDP ratio exceeds 100% and is projected to rise above 109% by 2027 — well above the EU's 60% threshold.
Current Account Deficit
Belgium's goods and services current account turned negative in 2025, with a deficit of $13.8B, compared to -$2.6B in 2024.