Annual simplified non-financial accounts by institutional sector in Belgium
Belgium: Annual simplified non-financial accounts by institutional sector was 12,838 National currency in 2024. ▲ Rising
Annual simplified non-financial accounts by institutional sector in Belgium, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
Belgium recorded 12,838 National currency for annual simplified non-financial accounts by institutional sector in 2024.
That represents a change of down 12.3% on the previous year and up 35.9% over ten years.
Over the whole period, annual simplified non-financial accounts by institutional sector in Belgium peaked at 14,631 National currency in 2023 and was at its lowest, 3,930 National currency, in 1995.
That places Belgium 25th out of 31 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Annual simplified non-financial accounts by institutional sector in Belgium, year by year
| Year | National currency | Change |
|---|---|---|
| 1995 | 3,930 National currency | — |
| 1996 | 4,189 National currency | +6.6% |
| 1997 | 4,582 National currency | +9.4% |
| 1998 | 4,662 National currency | +1.7% |
| 1999 | 4,886 National currency | +4.8% |
| 2000 | 4,867 National currency | -0.4% |
| 2001 | 5,040 National currency | +3.6% |
| 2002 | 5,088 National currency | +1.0% |
| 2003 | 5,445 National currency | +7.0% |
| 2004 | 5,586 National currency | +2.6% |
| 2005 | 5,555 National currency | -0.6% |
| 2006 | 5,870 National currency | +5.7% |
| 2007 | 5,955 National currency | +1.5% |
| 2008 | 6,456 National currency | +8.4% |
| 2009 | 6,958 National currency | +7.8% |
| 2010 | 7,378 National currency | +6.0% |
| 2011 | 7,925 National currency | +7.4% |
| 2012 | 9,333 National currency | +17.8% |
| 2013 | 9,228 National currency | -1.1% |
| 2014 | 9,445 National currency | +2.4% |
| 2015 | 9,609 National currency | +1.7% |
| 2016 | 9,936 National currency | +3.4% |
| 2017 | 9,826 National currency | -1.1% |
| 2018 | 9,972 National currency | +1.5% |
| 2019 | 10,686 National currency | +7.2% |
| 2020 | 10,469 National currency | -2.0% |
| 2021 | 10,703 National currency | +2.2% |
| 2022 | 12,081 National currency | +12.9% |
| 2023 | 14,631 National currency | +21.1% |
| 2024 | 12,838 National currency | -12.3% |
Belgium compared with similar countries
- Belgium's 12,838 National currency is below the median for high income countries, which is 45,476 National currency, 28% of the median. (27 countries reporting)
- Belgium's 12,838 National currency is below the median for Europe & Central Asia, which is 33,450 National currency, 38% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4,450 National currency | 3,930 National currency | 4,886 National currency | 5 |
| 2000s | 5,682 National currency | 4,867 National currency | 6,958 National currency | 10 |
| 2010s | 9,334 National currency | 7,378 National currency | 10,686 National currency | 10 |
| 2020s | 12,145 National currency | 10,469 National currency | 14,631 National currency | 5 |
Countries ranked near Belgium
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -19.31 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0266 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -1,617 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -28.79 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 30.39 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0397 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -2,411 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 33.22 % change on previous year (2025)
Frequently asked questions
- What is annual simplified non-financial accounts by institutional sector in Belgium?
- Annual simplified non-financial accounts by institutional sector in Belgium was 12,838 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual simplified non-financial accounts by institutional sector recorded in Belgium?
- The highest recorded value was 14,631 National currency in 2023.
- What is the lowest annual simplified non-financial accounts by institutional sector recorded in Belgium?
- The lowest recorded value was 3,930 National currency in 1995.
- How does Belgium rank for annual simplified non-financial accounts by institutional sector?
- Belgium ranks 25th out of 31 countries with data for 2024.
- Is annual simplified non-financial accounts by institutional sector rising or falling in Belgium?
- Over the last ten years it is up 35.9%. The long-run trend across the full record is rising.
- Where does this Belgium data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual simplified non-financial accounts by institutional sector (Expenditure) — Other taxes on production. Statizoid updates them automatically from the source API.
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About this data
This table presents the Expenditure (or Uses) lines, not including the balancing items, for a simplified sequence of non-financial accounts from the generation of income account to the capital account. This table is designed to be used in conjunction with the tables entitled ‘Annual simplified non-financial accounts by institutional sector (Revenue)’ and ‘Annual simplified non-financial accounts by institutional sector (Balancing items)’. The data is presented for the economy of each country (or area) as a whole and also for Corporations (both non-financial and financial), General Government, and Households and non-profit institutions serving households (NPISHs). The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Alternatively, specific lines within the sequence can be selected using the ‘Transaction’ filter to compare an item for combinations of sectors, countries and time periods. These indicators were presented in the previous dissemination system in the SNA_TABLE13 dataset. See ANA Changes for information on changes in methodology: ANA Changes. Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org