Household consumption expenditure on communication in Belgium attained a value of $7,503 million in 2021. It recorded a growth of 36.5% in 2021 compared to the previous year. Between 2010-2021, the household consumption expenditure on communication in Belgium increased by 25.7%. The indicator in Belgium was highest in the year 2021 and lowest in the year 2015, between 2010 and 2021.
This indicator refers to household consumption expenditure on communication and includes expenditures incurred by resident households on communications, which includes telecommunications, postal and internet facilities, and services.
According to GlobalData, the countries with the highest household consumption expenditure on communication in 2020 were the United States, Germany, France, Canada, Italy, Spain, Mexico, Australia, Turkey and the Netherlands.
Montenegro, Malta, Mongolia, Luxembourg, Iceland, Bosnia and Herzegovina, Estonia, Cyprus, Latvia and Slovenia were some of the countries with the lowest household consumption expenditure on communication in 2020.
Between 2010 and 2020, Mongolia, Azerbaijan, Iceland, Ukraine, Lithuania, Thailand, Serbia, Malta, Bulgaria, and Romania were some of the countries with the highest growth in household consumption expenditure on communication. Portugal, Italy, Turkey, Greece, France, the Netherlands, Mexico, Norway, Australia, and Spain are the countries with the lowest growth in consumption expenditure.
Belgium’s median household income hit (PPP) $67,620 in 2021, an increase of 1.1% over the previous year. Between 2010 to 2021, Belgium’s median household income increased by 36.7%.
Belgium’s economy contracted by 5.7% in 2020, as domestic consumption and investment slumped. Furthermore, COVID-19 hampered recovery, but policy support, targeted containment measures, and firm and household adaptation moderated impacts.
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