Annual growth of the gross capital formation in Belgium
Belgium: Annual growth of the gross capital formation was -0.2% in 2024. ◆ Volatile
Latest (2024)
-0.2%
Change on year
up 38.5%
World rank
111th
of 167 countries
All-time high
10.6%
in 2004
All-time low
-9.4%
in 2009
Years of data
25
2000–2024
Annual growth of the gross capital formation in Belgium, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Belgium recorded -0.2% for annual growth of the gross capital formation in 2024.
That represents a change of up 38.5% on the previous year and down 105.5% over ten years.
Over the whole period, annual growth of the gross capital formation in Belgium peaked at 10.6% in 2004 and was at its lowest, -9.4%, in 2009.
Belgium ranks 111th of 167 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Belgium, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 7.2% | — |
| 2001 | -2.7% | -137.6% |
| 2002 | -4.7% | +74.4% |
| 2003 | 0.3% | -106.4% |
| 2004 | 10.6% | +3440.0% |
| 2005 | 8.2% | -23.2% |
| 2006 | 3.7% | -54.8% |
| 2007 | 8.7% | +136.6% |
| 2008 | 2.0% | -76.6% |
| 2009 | -9.4% | -559.3% |
| 2010 | -0.3% | -96.7% |
| 2011 | 9.4% | -3125.8% |
| 2012 | -3.0% | -132.3% |
| 2013 | -3.0% | -2.0% |
| 2014 | 4.3% | -246.1% |
| 2015 | 4.1% | -5.3% |
| 2016 | 6.8% | +65.9% |
| 2017 | 1.1% | -84.3% |
| 2018 | 5.6% | +424.3% |
| 2019 | 0.1% | -98.6% |
| 2020 | -6.5% | -8275.0% |
| 2021 | 3.4% | -151.8% |
| 2022 | 6.9% | +103.5% |
| 2023 | -0.4% | -105.7% |
| 2024 | -0.2% | -38.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.4% | -9.4% | 10.6% | 10 |
| 2010s | 2.5% | -3.0% | 9.4% | 10 |
| 2020s | 0.6% | -6.5% | 6.9% | 5 |
Countries ranked near Belgium
- 108 Italy 0.3% compare
- 109 Papua New Guinea 0.0% compare
- 110 Romania -0.1% compare
- 112 Japan -0.3% compare
- 113 Netherlands -0.6% compare
- 114 El Salvador -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)
- Imports of goods and services (constant 2015 US$), annual growth rate 0.1449 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.5753 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 34,949 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -465.28 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -441.47 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual -4.53 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0065 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 392.55 current LCU per person (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Belgium?
- Annual growth of the gross capital formation in Belgium was -0.2% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of the gross capital formation recorded in Belgium?
- The highest recorded value was 10.6% in 2004.
- What is the lowest annual growth of the gross capital formation recorded in Belgium?
- The lowest recorded value was -9.4% in 2009.
- How does Belgium rank for annual growth of the gross capital formation?
- Belgium ranks 111th out of 167 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Belgium?
- Over the last ten years it is down 105.5%. The long-run trend across the full record is volatile.
- Where does this Belgium data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).