Belgian Industries; numerous other associations
representing bankers, manufacturers, middle-class artisans, and the legal
and medical professions; various organizations represent the cultural
interests of Flanders and Wallonia; various peace groups such as the
Flemish Action Committee Against Nuclear Weapons and Pax Christi
_#_Member of: ACCT, AfDB, AG (observer), AsDB, Benelux, BIS, CCC, CE,
CERN, COCOM, CSCE, EBRD, EC, ECE, EIB, ESA, FAO, G-9, G-10, GATT, IADB,
IAEA, IBRD, ICAO, ICC, ICFTU, IDA, IEA, IFAD, IFC, ILO, IMF, IMO,
INMARSAT, INTELSAT, INTERPOL, IOC, IOM, ISO, ITU, LORCS, NATO, NEA, OAS
(observer), OECD, PCA, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMOGIP,
UNRWA, UPU, WCL, WEU, WHO, WIPO, WMO, WTO
_#_Diplomatic representation: Ambassador Juan CASSIERS; Chancery at
3330 Garfield Street NW, Washington DC 20008; telephone (202) 333-6900;
there are Belgian Consulates General in Atlanta, Chicago, Houston, Los
Angeles, and New York;
US--Ambassador Maynard W. GLITMAN; Embassy at 27 Boulevard du
Regent, B-1000 Brussels (mailing address is APO New York 09667-1000);
telephone [32] (2) 513-3830; there is a US Consulate General in Antwerp
_#_Flag: three equal vertical bands of black (hoist side), yellow,
and red; the design was based on the flag of France
_*_Economy
_#_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 essential raw
materials, making its economy closely dependent on the state of world
markets. Over 70% of trade is with other EC countries. During
the period 1988-90 Belgium's economic performance was marked by buoyant
output growth, moderate inflation, and a substantial external surplus.
Real GDP grew by an average of 3.9% in 1988-90. However, the economy
is likely to slow in 1991-92 to below 3% GDP growth.
_#_GDP: $144.8 billion, per capita $14,600; real growth rate 3.3%
(1990)
_#_Inflation rate (consumer prices): 3% (1991 est.)
_#_Unemployment rate: 8.2% est. (1991 est.)
_#_Budget: revenues $45.0 billion; expenditures $55.3 billion,
including capital expenditures of NA (1989)
_#_Exports: $106 billion (f.o.b., 1990 est.) Belgium-Luxem
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