tation in US:
chief of mission: Ambassador Andre ADAM
chancery: 3330 Garfield Street NW, Washington, DC 20008
telephone: [1] (202) 333-6900
FAX: [1] (202) 333-3079
consulate(s) general: Atlanta, Chicago, Los Angeles, and New York
US diplomatic representation:
chief of mission: Ambassador Alan J. BLINKEN
embassy: 27 Boulevard du Regent, B-1000 Brussels
mailing address: APO AE 09724, PSC 82, Box 002, Brussels
telephone: [32] (2) 508-2111
FAX: [32] (2) 511-2725
Flag: three equal vertical bands of black (hoist side), yellow,
and red; the design was based on the flag of France
Economy
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Economic overview: This small private enterprise economy has
capitalized on its central geographic location, highly developed
transport network, and diversified industrial and commercial base.
Industry is concentrated mainly in the populous Flemish area in the
north, although the government is encouraging reinvestment in the
southern region of Walloon. With few natural resources, Belgium must
import substantial quantities of raw materials and export a large
volume of manufactures, making its economy unusually dependent on
the state of world markets. Two-thirds of its trade is with other EU
countries. The economy grew at a strong 4% annual pace during the
period 1988-90, slowed to 1% in 1991-92, dropped by 1.5% in 1993,
and recovered with moderate 2.3% growth in 1994 and 1995. Belgium's
public debt has risen to 140% of GDP, and the government is trying
to control its expenditures to bring the figure more into line with
other industrialized countries.
GDP: purchasing power parity - $197 billion (1995 est.)
GDP real growth rate: 2.3% (1995 est.)
GDP per capita: $19,500 (1995 est.)
GDP composition by sector:
agriculture: 2%
industry: 28%
services: 70% (1994)
Inflation rate (consumer prices): 1.6% (1995 est.)
Labor force: 4.126 million
by occupation: services 63.6%, industry 28%, construction 6.1%,
agriculture 2.3% (1988)
Unemployment rate: 14% (1995 est.)
Budget:
revenues: $NA
expenditures: $NA, including capital expenditures of $NA
Industries: engineering and metal products, motor vehicle
assembly, processed food and beverages, chemicals, basic metals,
textiles, glass, petroleum, coal
Industrial production growth rate: NA%
Electricity:
capacity: 14,040,000 kW
production: 66 billion kWh
consumption per capita: 6,334
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