Annual value added and its components by economic activity — Value in Belgium
Belgium: Annual value added and its components by economic activity — Value was 118.59 Index in 2024. ▲ Rising
Annual value added and its components by economic activity — Value in Belgium, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
In 2024, annual value added and its components by economic activity — value in Belgium stood at 118.59 Index. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 2.0% on the previous year and up 31.2% over ten years.
Over the whole period, annual value added and its components by economic activity — value in Belgium peaked at 118.59 Index in 2024 and was at its lowest, 67.15 Index, in 1995.
That places Belgium 20th out of 33 countries with data for 2024, putting it 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 — Value in Belgium, year by year
| Year | Index | Change |
|---|---|---|
| 1995 | 67.15 Index | — |
| 1996 | 67.41 Index | +0.4% |
| 1997 | 67.87 Index | +0.7% |
| 1998 | 69.12 Index | +1.8% |
| 1999 | 69.49 Index | +0.5% |
| 2000 | 70.94 Index | +2.1% |
| 2001 | 72.38 Index | +2.0% |
| 2002 | 73.55 Index | +1.6% |
| 2003 | 74.91 Index | +1.8% |
| 2004 | 76.35 Index | +1.9% |
| 2005 | 77.9 Index | +2.0% |
| 2006 | 79.66 Index | +2.3% |
| 2007 | 81.19 Index | +1.9% |
| 2008 | 82.49 Index | +1.6% |
| 2009 | 83.27 Index | +0.9% |
| 2010 | 84.64 Index | +1.6% |
| 2011 | 86.46 Index | +2.2% |
| 2012 | 88.31 Index | +2.1% |
| 2013 | 89.59 Index | +1.4% |
| 2014 | 90.37 Index | +0.9% |
| 2015 | 91.36 Index | +1.1% |
| 2016 | 93.08 Index | +1.9% |
| 2017 | 94.91 Index | +2.0% |
| 2018 | 96.5 Index | +1.7% |
| 2019 | 98.34 Index | +1.9% |
| 2020 | 100 Index | +1.7% |
| 2021 | 102.4 Index | +2.4% |
| 2022 | 109.83 Index | +7.3% |
| 2023 | 116.26 Index | +5.9% |
| 2024 | 118.59 Index | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 68.21 Index | 67.15 Index | 69.49 Index | 5 |
| 2000s | 77.26 Index | 70.94 Index | 83.27 Index | 10 |
| 2010s | 91.36 Index | 84.64 Index | 98.34 Index | 10 |
| 2020s | 109.42 Index | 100 Index | 118.59 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)
- 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 value added and its components by economic activity — value in Belgium?
- Annual value added and its components by economic activity — value in Belgium was 118.59 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 — value recorded in Belgium?
- The highest recorded value was 118.59 Index in 2024.
- What is the lowest annual value added and its components by economic activity — value recorded in Belgium?
- The lowest recorded value was 67.15 Index in 1995.
- How does Belgium rank for annual value added and its components by economic activity — value?
- Belgium ranks 20th out of 33 countries with data for 2024.
- Is annual value added and its components by economic activity — value rising or falling in Belgium?
- Over the last ten years it is up 31.2%. 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 — Value added, gross. 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