Belgium vs South Korea: Gross domestic product (GDP), annual growth rate

Belgium
1.57 % change on previous year
in 2023
South Korea
1.5 % change on previous year
in 2023
Belgium rank
109th
South Korea rank
111th

Gross domestic product (GDP), annual growth rate over time

  • Belgium
  • South Korea
-1001020195119872023

How they compare

Belgium currently reports 1.57 % change on previous year against 1.5 % change on previous year in South Korea, a difference of 0.07 % change on previous year.

The two have swapped places 22 times across 70 shared years of data; in 1954 it was Belgium ahead.

Belgium ranks 109th and South Korea ranks 111th of 184 countries.

South Korea has averaged higher in every one of the 8 decades both report.

Head to head by decade

Decade Belgium South Korea Difference Ahead
1950s 2.57 % change on previous year 4.75 % change on previous year 2.18 % change on previous year South Korea
1960s 4.7 % change on previous year 7.93 % change on previous year 3.23 % change on previous year South Korea
1970s 4.22 % change on previous year 12.86 % change on previous year 8.64 % change on previous year South Korea
1980s 1.58 % change on previous year 9.53 % change on previous year 7.95 % change on previous year South Korea
1990s 2.81 % change on previous year 7.88 % change on previous year 5.07 % change on previous year South Korea
2000s 3.07 % change on previous year 4.48 % change on previous year 1.42 % change on previous year South Korea
2010s 2.03 % change on previous year 3.27 % change on previous year 1.24 % change on previous year South Korea
2020s 2.5 % change on previous year 2.51 % change on previous year 0.0088 % change on previous year South Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), annual growth rate, Belgium or South Korea?
Belgium, at 1.57 % change on previous year against 1.5 % change on previous year in South Korea as of 2023.
What is the difference in gross domestic product (gdp), annual growth rate between Belgium and South Korea?
0.07 % change on previous year, with Belgium ahead.
How many years of comparable data are there for Belgium and South Korea?
70 years are reported by both, from 1954 to 2023.
How do Belgium and South Korea rank globally for gross domestic product (gdp), annual growth rate?
Belgium ranks 109th and South Korea ranks 111th of 184 countries.
Where does this data come from?
Statizoid (derived), published as Gross domestic product (GDP), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belgium vs South Korea: Gross domestic product (GDP), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-gdp-annual-growth-rate/belgium/korea-rep/

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About this data

Indicator
Gross domestic product (GDP), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
184 places, 10,706 data points, 1951–2023
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.