 | Selected Indicators: Kingdom of Belgium | |
| | | Publication date: 29-May-08, 10:41:00 EST | |
Reprinted from
RatingsDirect
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This data represents Standard & Poor's Ratings Services' latest economic view of the Kingdom of Belgium (AA+/Stable/A-1+)
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Kingdom of Belgium Selected Indicators |
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2005 |
2006 |
2007 |
2008e |
2009f |
2010f |
2011f |
Median AA¶ |
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GDP per capita ($) |
35,838 |
37,658 |
42,920 |
49,818 |
49,254 |
49,284 |
46,382 |
39,101 |
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Real GDP (% change) |
1.7 |
2.8 |
2.8 |
1.7 |
1.7 |
1.8 |
2.1 |
4.2 |
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Real GDP per capita (% change) |
1.1 |
2.2 |
2.4 |
1.3 |
1.3 |
1.4 |
1.7 |
2.2 |
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General government balance (% of GDP) |
(2.4) |
0.3 |
(0.2) |
(0.3) |
(0.1) |
0.0 |
0.3 |
(0.5) |
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General government debt (% of GDP) |
92.1 |
88.2 |
84.5 |
81.3 |
78.3 |
75.4 |
72.1 |
23.6 |
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Net general government debt (% of GDP) |
82.2 |
78.3 |
73.7 |
71.0 |
68.4 |
65.9 |
62.9 |
6.2 |
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General government interest expenditures (% of revenues) |
8.8 |
8.3 |
8.0 |
7.7 |
7.4 |
7.0 |
6.7 |
3.8 |
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Domestic credit to private sector and NFPEs* (% of GDP) |
74.1 |
82.6 |
91.9 |
93.6 |
95.9 |
98.8 |
101.6 |
140.6 |
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Consumer price index (average; % change) |
2.5 |
2.3 |
1.8 |
3.3 |
2.5 |
2.1 |
2.0 |
3.7 |
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*Standard & Poor's estimates that, in a reasonable worst-case scenario, the government's contingent liability from a banking crisis could amount to 14% of GDP; see Appendix 3 in "S&P's Banking Industry Country Risk Assessments: Global Annual Roundup," published on Aug. 9, 2007, on RatingsDirect, the real-time Web-based source for Standard & Poor's credit ratings, research, and risk analysis. ¶The median data is for 2008. f--Forecast. e--Estimate. NFPEs--Nonfinancial public enterprises. CARs--Current account receipts. |
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