Latitude: 51.3000000000 Longitude: 5.1000000000
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Some random facts about Belgium |
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| GDP - real growth rate: | 3% (2006 est.) |
| Economy | GDP (PPP, 2007): $369.57 billion. Annual real growth rate (2007): 2.8%. Per capita income (PPP, 2007): $35,200. Natural resources: Coal. Agriculture: (1% of GDP) Products--livestock, including dairy cattle, grain, sugarbeets, milk, tobacco, potatoes, and other fruits and vegetables. Industry: (24.3% of GDP) Types--engineering and metal products, motor vehicle assembly, transportation equipment, scientific instruments, processed food and beverages, chemicals, basic metals, textiles, glass, petroleum Trade: Exports (2007)--$352.1 billion: transportation equipment, diamonds, metals and metal products, foodstuffs, chemicals. Export partners: Germany 19.7%, France 16.9%, Netherlands 12%, U.K. 7.9%, U.S. 6.2%, Italy 5.2%. Imports (2007)--$322.9 billion: Machinery and equipment, chemicals, diamonds, foodstuffs, pharmaceuticals, transportation equipment, oil products. Import partners (2007): Netherlands 18.3%, Germany 17.3%, France 11.4%, U.K. 6.6%, Ireland 5.7%, U.S. 5.4%. |
| U.S.-BELGIAN RELATIONS | The United States and Belgium are good friends and allies, despite occasional disagreements on a limited number of foreign policy issues. Good will and affection for Americans continues as a result of the U.S. role during and after the two World Wars, which was exhibited in 2004 during the 60th anniversary commemorations of the Battle of the Bulge and the liberation of Belgium. Continuing to celebrate cooperative U.S. and Belgian relations, 2007 marked the 175th anniversary of the nations' relationship. The U.S. appreciates Belgian activism in international affairs, including its participation in the International Security Assistance Force in Afghanistan, its reconstruction and development assistance to Iraq, its peacekeeping missions in the Balkans and Lebanon, its frequent provision of airlift in international crises, and its hosting of 2005 and 2007 transatlantic dialogues between European foreign ministers and the Secretary of State. During the January 17, 2006 visit by Prime Minister Verhofstadt, President Bush thanked him for his "leadership" in helping "the people of the Congo realize their full potential." The U.S. continues to believe that Belgium could be even more active in sharing international security concerns. As an outward-looking nation, Belgium works closely with the United States bilaterally and in international and regional organizations to encourage economic and political cooperation and assistance to developing countries. Belgium has welcomed hundreds of U.S. firms to its territory, many of which have their European headquarters there. |
| ECONOMY | Belgium, a highly developed market economy, belongs to the Organization for Economic Cooperation and Development (OECD), a group of leading industrialized democracies. With a geographic area about equal to that of Maryland, and a population of 10.5 million, Belgian per capita GDP ranks among the world's highest. In 2007, the per capita income (PPP) was $35,200. The federal government has managed to present balanced budgets in recent years, but public debt remains high, at 91% of 2007 GDP. GDP growth in 2007 was 2.8%. Densely populated Belgium is located at the heart of one of the world's most highly industrialized regions. The first country to undergo an industrial revolution on the continent of Europe in the early 1800s, Belgium developed an excellent transportation infrastructure of ports, canals, railways, and highways to integrate its industry with that of its neighbors. One of the founding members of the European Community (EC), Belgium strongly supports deepening the powers of the present-day European Union to integrate European economies further. With exports equivalent to over two-thirds of GNP, Belgium depends heavily on world trade. Belgium's trade advantages are derived from its central geographic location and a highly skilled, multilingual, and productive work force. The Belgian industrial sector can be compared to a complex processing machine: It imports raw materials and semi-finished goods that are further processed and re-exported. Except for its coal, which is no longer economical to exploit, Belgium has virtually no natural resources. Nonetheless, most traditional industrial sectors are represented in the economy, including steel, textiles, refining, chemicals, food processing, pharmaceuticals, automobiles, electronics, and machinery fabrication. Despite the heavy industrial component, services account for 74.6% of GDP. Agriculture accounts for only 1.4% of the GDP. |
| Natural gas - production: | 0 cu m (2004 est.) |
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Beirendonck, Belgium