Annual GDP growth in Belgium
Belgium: Annual GDP growth was 1.1% in 2024. ◆ Volatile
Latest (2024)
1.1%
Change on year
down 37.6%
World rank
159th
of 196 countries
All-time high
6.3%
in 2021
All-time low
-4.8%
in 2020
Years of data
25
2000–2024
Annual GDP growth in Belgium, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual gdp growth in Belgium stood at 1.1%.
Compared with earlier readings it is down 37.6% on the previous year and down 39.4% over ten years.
Over the whole period, annual gdp growth in Belgium peaked at 6.3% in 2021 and was at its lowest, -4.8%, in 2020.
Belgium ranks 159th of 196 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Belgium, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.7% | — |
| 2001 | 1.1% | -70.4% |
| 2002 | 1.7% | +55.2% |
| 2003 | 1.0% | -39.2% |
| 2004 | 3.6% | +244.1% |
| 2005 | 2.3% | -35.0% |
| 2006 | 2.6% | +9.9% |
| 2007 | 3.7% | +44.1% |
| 2008 | 0.4% | -87.8% |
| 2009 | -1.9% | -526.6% |
| 2010 | 2.7% | -242.2% |
| 2011 | 1.9% | -28.7% |
| 2012 | 0.2% | -88.8% |
| 2013 | 0.3% | +41.6% |
| 2014 | 1.8% | +477.9% |
| 2015 | 1.5% | -16.5% |
| 2016 | 1.2% | -19.0% |
| 2017 | 1.5% | +23.5% |
| 2018 | 1.9% | +27.4% |
| 2019 | 2.4% | +30.1% |
| 2020 | -4.8% | -296.2% |
| 2021 | 6.3% | -230.5% |
| 2022 | 4.0% | -36.7% |
| 2023 | 1.7% | -56.7% |
| 2024 | 1.1% | -37.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.8% | -1.9% | 3.7% | 10 |
| 2010s | 1.5% | 0.2% | 2.7% | 10 |
| 2020s | 1.6% | -4.8% | 6.3% | 5 |
Countries ranked near Belgium
- 156 French Polynesia 1.1% compare
- 157 Sao Tome and Principe 1.1% compare
- 158 Netherlands (Kingdom of the) 1.1% compare
- 160 Vanuatu 0.9% compare
- 161 Romania 0.9% compare
- 162 Equatorial Guinea 0.9% compare
More economy & growth data for Belgium
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- GNI, Atlas method (current US$), annual growth rate 8.37 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9794 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 59,497 current US$ per person (2025)
- GNI (current US$), annual growth rate 7.66 % change on previous year (2025)
- GNI (current US$), per unit of GDP 1.01 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 61,517 current US$ per person (2025)
- GNI (current LCU), annual growth rate 3.13 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 0.8961 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is annual gdp growth in Belgium?
- Annual gdp growth in Belgium was 1.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Belgium?
- The highest recorded value was 6.3% in 2021.
- What is the lowest annual gdp growth recorded in Belgium?
- The lowest recorded value was -4.8% in 2020.
- How does Belgium rank for annual gdp growth?
- Belgium ranks 159th out of 196 countries with data for 2024.
- Is annual gdp growth rising or falling in Belgium?
- Over the last ten years it is down 39.4%. The long-run trend across the full record is volatile.
- Where does this Belgium data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).