Annual value added and its components by economic activity in Belgium
Belgium: Annual value added and its components by economic activity was 120.19 Index in 2024. ▲ Rising
Annual value added and its components by economic activity in Belgium, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
Belgium recorded 120.19 Index for annual value added and its components by economic activity in 2024. That is the highest value across all 30 years on record.
The figure is up 1.2% on the previous year and up 29.5% over ten years.
Over the whole period, annual value added and its components by economic activity in Belgium peaked at 120.19 Index in 2024 and was at its lowest, 70.24 Index, in 1995.
Belgium ranks 13th of 21 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Annual value added and its components by economic activity in Belgium, year by year
| Year | Index | Change |
|---|---|---|
| 1995 | 70.24 Index | — |
| 1996 | 70.91 Index | +1.0% |
| 1997 | 71.81 Index | +1.3% |
| 1998 | 72.72 Index | +1.3% |
| 1999 | 74.17 Index | +2.0% |
| 2000 | 75.89 Index | +2.3% |
| 2001 | 76.51 Index | +0.8% |
| 2002 | 76.23 Index | -0.4% |
| 2003 | 77.89 Index | +2.2% |
| 2004 | 78.85 Index | +1.2% |
| 2005 | 80.19 Index | +1.7% |
| 2006 | 82.74 Index | +3.2% |
| 2007 | 84.96 Index | +2.7% |
| 2008 | 87.88 Index | +3.4% |
| 2009 | 86.66 Index | -1.4% |
| 2010 | 88.07 Index | +1.6% |
| 2011 | 90.25 Index | +2.5% |
| 2012 | 91.84 Index | +1.8% |
| 2013 | 92.66 Index | +0.9% |
| 2014 | 92.82 Index | +0.2% |
| 2015 | 93.74 Index | +1.0% |
| 2016 | 94.07 Index | +0.4% |
| 2017 | 96.06 Index | +2.1% |
| 2018 | 97.67 Index | +1.7% |
| 2019 | 99.28 Index | +1.6% |
| 2020 | 100 Index | +0.7% |
| 2021 | 104.22 Index | +4.2% |
| 2022 | 113.02 Index | +8.4% |
| 2023 | 118.79 Index | +5.1% |
| 2024 | 120.19 Index | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 71.97 Index | 70.24 Index | 74.17 Index | 5 |
| 2000s | 80.78 Index | 75.89 Index | 87.88 Index | 10 |
| 2010s | 93.65 Index | 88.07 Index | 99.28 Index | 10 |
| 2020s | 111.24 Index | 100 Index | 120.19 Index | 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)
- Manufacturing, value added (constant LCU), per capita 4,957 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 7.32 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1861 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 11,304 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 2.8 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.1647 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 10,004 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 1.04 % change on previous year (2025)
Frequently asked questions
- What is annual value added and its components by economic activity in Belgium?
- Annual value added and its components by economic activity in Belgium was 120.19 Index in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual value added and its components by economic activity recorded in Belgium?
- The highest recorded value was 120.19 Index in 2024.
- What is the lowest annual value added and its components by economic activity recorded in Belgium?
- The lowest recorded value was 70.24 Index in 1995.
- How does Belgium rank for annual value added and its components by economic activity?
- Belgium ranks 13th out of 21 countries with data for 2024.
- Is annual value added and its components by economic activity rising or falling in Belgium?
- Over the last ten years it is up 29.5%. 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 value added and its components by economic activity — Consumption of fixed capital. Statizoid updates them automatically from the source API.
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About this data
This table presents gross value added by economic activity based on detailed breakdowns of Revision 4 of the International Standard Industrial Classification of All Economic Activities (ISIC). The table also presents detailed ISIC data for output, intermediate consumption and consumption of fixed capital (depreciation), as well as for components of gross value added (GVA) such as wages and salaries and net operating surplus (business profits) and mixed income (profits of the self-employed). These can be selected using the ‘Transaction filter’. 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. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data is presented in current prices (default view), but for some items it is possible to select chain linked volume and other price measures using the ‘Price base’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE6A 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