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Belgium Binary Options Resources

Belgium

Being at the heart of all things European, Brussels is often a country that many Binary Options traders will turn to for some ideas in regards to which trades they can place.

We do of course have a guide to every single Western European country on this website and below you will find a large array of different facts and figures that will allow you to get an overview of just how well Brussels is doing as a whole, so with that in mind keep on reading to find out more.

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National Bank

The National Bank of Belgium website is where you will find a wealth of information in regards to the regulation of all banking institutions that are licensed to operate in Belgium. Recent ratings given for Government Bonds in Belgium are as follows: Standard & Poor’s: AA, Moody’s rating: Aa3 and the Moody’s outlook is listed as being: STA.

Belgium is a signed up full member of the Euro system and they are part of the European Central Bank. As such they use the Euro currency.

Belgium International Financial Reserves

Based on the latest set of figures released Belgium has International Reserves of US$ 27.6 billion.

Real GDP Growth in Belgium

Based on the last batch of finalised reports in the last 12 years Belgium had 2 years of negative real GDP growth which was in 2009 and 2012, when the real GDP growth for Belgium was reported as being -2.8% and -0.01% respectively.

The figures for real GDP growth since 2003 to 2014 are as follows: 2003 0.08%, 2004 3.0%, 2005 1.8%, 2006 2.7%, 2007 2.9%, 2008 1.0%, 2009 -2.9%, 2010 2.3%, 2011 1.8%, 2012 -0.1%, 2013 0.2%, 2014 1.0%,

Belgium GDP as a Percentage of Composition by each Market Sector

The following three market sectors and their respective figures are the percentage of composition on each of those market sectors of GDP of Belgium.

The Agriculture market sector makes up 0.8% of GDP in Belgium, whilst the Industry market sector makes up 22.6% of the total GDP in Belgium and the Services market sector is responsible for 76.6% of total GDP in Belgium.

Inflation and Unemployment in Belgium

The rate of inflation in Belgium over the last five years has been reported as being as follows: 2011 3.4%, 2012 2.6%, 2013 1.2% and in 2014 0.7% and to date in 2015 the rate of inflation was 1.0%. Unemployment in Belgium again over the same five year period has been reported as being 2011 7.3%, 20127.7 %, 2013 8.4%, 2014 8.5%, and in 2015 8.4%.

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