GDP (constant LCU) (UNICEF) in Belgium
Belgium: GDP (constant LCU) (UNICEF) was 526.61 billion in 2024. ▲ Rising
Latest (2024)
526.61 billion
Change on year
up 1.1%
World rank
35th
of 74 countries
All-time high
526.61 billion
in 2024
All-time low
105.72 billion
in 1960
Years of data
65
1960–2024
GDP in Belgium, 1960–2024
Source: UNICEF.
Analysis
Belgium recorded 526.61 billion for gdp in 2024. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 1.1% on the previous year and up 17.6% over ten years.
Over the whole period, gdp in Belgium peaked at 526.61 billion in 2024 and was at its lowest, 105.72 billion, in 1960.
Belgium ranks 35th of 74 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 65 years of available data.
GDP (constant LCU) (UNICEF) in Belgium, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 105.72 billion | — |
| 1961 | 110.98 billion | +5.0% |
| 1962 | 116.77 billion | +5.2% |
| 1963 | 121.85 billion | +4.4% |
| 1964 | 130.33 billion | +7.0% |
| 1965 | 134.97 billion | +3.6% |
| 1966 | 139.23 billion | +3.2% |
| 1967 | 144.61 billion | +3.9% |
| 1968 | 150.68 billion | +4.2% |
| 1969 | 160.67 billion | +6.6% |
| 1970 | 170.87 billion | +6.4% |
| 1971 | 177.68 billion | +4.0% |
| 1972 | 187.09 billion | +5.3% |
| 1973 | 199.03 billion | +6.4% |
| 1974 | 208.12 billion | +4.6% |
| 1975 | 204.03 billion | -2.0% |
| 1976 | 215.56 billion | +5.7% |
| 1977 | 216.91 billion | +0.6% |
| 1978 | 223.08 billion | +2.8% |
| 1979 | 228.30 billion | +2.3% |
| 1980 | 238.44 billion | +4.4% |
| 1981 | 237.78 billion | -0.3% |
| 1982 | 239.19 billion | +0.6% |
| 1983 | 239.94 billion | +0.3% |
| 1984 | 245.86 billion | +2.5% |
| 1985 | 249.92 billion | +1.7% |
| 1986 | 254.47 billion | +1.8% |
| 1987 | 260.34 billion | +2.3% |
| 1988 | 272.64 billion | +4.7% |
| 1989 | 282.10 billion | +3.5% |
| 1990 | 290.95 billion | +3.1% |
| 1991 | 296.28 billion | +1.8% |
| 1992 | 300.82 billion | +1.5% |
| 1993 | 297.92 billion | -1.0% |
| 1994 | 307.54 billion | +3.2% |
| 1995 | 314.87 billion | +2.4% |
| 1996 | 319.03 billion | +1.3% |
| 1997 | 331.13 billion | +3.8% |
| 1998 | 337.63 billion | +2.0% |
| 1999 | 349.59 billion | +3.5% |
| 2000 | 362.58 billion | +3.7% |
| 2001 | 366.57 billion | +1.1% |
| 2002 | 372.83 billion | +1.7% |
| 2003 | 376.70 billion | +1.0% |
| 2004 | 390.15 billion | +3.6% |
| 2005 | 399.21 billion | +2.3% |
| 2006 | 409.40 billion | +2.6% |
| 2007 | 424.45 billion | +3.7% |
| 2008 | 426.35 billion | +0.4% |
| 2009 | 418.22 billion | -1.9% |
| 2010 | 429.56 billion | +2.7% |
| 2011 | 437.85 billion | +1.9% |
| 2012 | 438.80 billion | +0.2% |
| 2013 | 440.14 billion | +0.3% |
| 2014 | 447.91 billion | +1.8% |
| 2015 | 454.51 billion | +1.5% |
| 2016 | 459.94 billion | +1.2% |
| 2017 | 466.72 billion | +1.5% |
| 2018 | 475.48 billion | +1.9% |
| 2019 | 487.10 billion | +2.4% |
| 2020 | 463.75 billion | -4.8% |
| 2021 | 492.76 billion | +6.3% |
| 2022 | 512.25 billion | +4.0% |
| 2023 | 521.03 billion | +1.7% |
| 2024 | 526.61 billion | +1.1% |
Belgium compared with similar countries
- Belgium's 526.61 billion is above the median for high income countries, which is 445.69 billion, 1.2× the median. (42 countries reporting)
- Belgium's 526.61 billion is above the median for Europe & Central Asia, which is 490.93 billion, 1.1× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 131.58 billion | 105.72 billion | 160.67 billion | 10 |
| 1970s | 203.07 billion | 170.87 billion | 228.30 billion | 10 |
| 1980s | 252.07 billion | 237.78 billion | 282.10 billion | 10 |
| 1990s | 314.58 billion | 290.95 billion | 349.59 billion | 10 |
| 2000s | 394.65 billion | 362.58 billion | 426.35 billion | 10 |
| 2010s | 453.80 billion | 429.56 billion | 487.10 billion | 10 |
| 2020s | 503.28 billion | 463.75 billion | 526.61 billion | 5 |
Countries ranked near Belgium
More economy & growth data for Belgium
- Real gdp growth, annual growth rate -37.51 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 2.78 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0205 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,248 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.12 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.015 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 911.55 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.2 % change on previous year (2025)
Frequently asked questions
- What is gdp in Belgium?
- Gdp in Belgium was 526.61 billion in 2024, according to UNICEF.
- What is the highest gdp recorded in Belgium?
- The highest recorded value was 526.61 billion in 2024.
- What is the lowest gdp recorded in Belgium?
- The lowest recorded value was 105.72 billion in 1960.
- How does Belgium rank for gdp?
- Belgium ranks 35th out of 74 countries with data for 2024.
- Is gdp rising or falling in Belgium?
- Over the last ten years it is up 17.6%. The long-run trend across the full record is rising.
- Where does this Belgium data come from?
- The figures come from UNICEF, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
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