Belgium vs Singapore: Services, value added
Services, value added over time
- Belgium
- Singapore
How they compare
Singapore currently reports 565.23 billion current LCU against 457.31 billion current LCU in Belgium, a difference of 107.92 billion current LCU.
That makes Singapore's figure about 1.2 times Belgium's.
The two have swapped places 1 time across 31 shared years of data; in 1995 it was Belgium ahead.
Belgium ranks 110th and Singapore ranks 107th of 205 countries.
Across the 4 decades both report, Belgium averaged higher in 2 and Singapore in 2.
Head to head by decade
| Decade | Belgium | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 140.94 billion current LCU | 87.26 billion current LCU | 53.68 billion current LCU | Belgium |
| 2000s | 200.45 billion current LCU | 138.98 billion current LCU | 61.47 billion current LCU | Belgium |
| 2010s | 287.12 billion current LCU | 293.73 billion current LCU | 6.62 billion current LCU | Singapore |
| 2020s | 399.20 billion current LCU | 483.12 billion current LCU | 83.92 billion current LCU | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Belgium or Singapore?
- Singapore, at 565.23 billion current LCU against 457.31 billion current LCU in Belgium as of 2025.
- What is the difference in services, value added between Belgium and Singapore?
- 107.92 billion current LCU, with Singapore ahead.
- How many years of comparable data are there for Belgium and Singapore?
- 31 years are reported by both, from 1995 to 2025.
- How do Belgium and Singapore rank globally for services, value added?
- Belgium ranks 110th and Singapore ranks 107th of 205 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.