Belgium vs Singapore: Services, value added
Services, value added over time
- Belgium
- Singapore
How they compare
Belgium currently reports 516.76 billion current US$ against 432.31 billion current US$ in Singapore, a difference of 84.44 billion current US$.
That makes Belgium's figure about 1.2 times Singapore's.
Across all 31 years both countries report, Belgium has been ahead every year.
Belgium ranks 22nd and Singapore ranks 24th of 203 countries.
Belgium has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Belgium | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 167.62 billion current US$ | 56.96 billion current US$ | 110.66 billion current US$ | Belgium |
| 2000s | 242.96 billion current US$ | 87.22 billion current US$ | 155.74 billion current US$ | Belgium |
| 2010s | 351.09 billion current US$ | 221.46 billion current US$ | 129.63 billion current US$ | Belgium |
| 2020s | 442.97 billion current US$ | 359.20 billion current US$ | 83.78 billion current US$ | Belgium |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Belgium or Singapore?
- Belgium, at 516.76 billion current US$ against 432.31 billion current US$ in Singapore as of 2025.
- What is the difference in services, value added between Belgium and Singapore?
- 84.44 billion current US$, with Belgium ahead.
- How many years of comparable data are there for Belgium and Singapore?
- 31 years are reported by both, from 1995 to 2025.
- How do Belgium and Singapore rank globally for services, value added?
- Belgium ranks 22nd and Singapore ranks 24th of 203 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (current US$). 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 indicator is expressed in United States dollars.