GDP Deflator — Value Standard Local Currency, 2015 prices in Belgium

Belgium: GDP Deflator — Value Standard Local Currency, 2015 prices was 127.92 SLC in 2024. ▲ Rising

Latest (2024)
127.92 SLC
Change on year
up 1.9%
World rank
118th
of 194 countries
All-time high
127.92 SLC
in 2024
All-time low
21.15 SLC
in 1970
Years of data
55
1970–2024

GDP Deflator — Value Standard Local Currency, 2015 prices in Belgium, 1970–2024

255075100125197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in SLC.

Analysis

Belgium recorded 127.92 SLC for gdp deflator — value standard local currency, 2015 prices in 2024. That is the highest value across all 55 years on record.

The figure is up 1.9% on the previous year and up 29.4% over ten years.

Over the whole period, gdp deflator — value standard local currency, 2015 prices in Belgium peaked at 127.92 SLC in 2024 and was at its lowest, 21.15 SLC, in 1970.

That places Belgium 118th out of 194 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 55 years of available data.

GDP Deflator — Value Standard Local Currency, 2015 prices in Belgium, year by year

Annual values for GDP Deflator — Value Standard Local Currency, 2015 prices in Belgium, 1970 to 2024.
Year SLC Change
1970 21.15 SLC
1971 22.34 SLC +5.6%
1972 23.76 SLC +6.4%
1973 25.44 SLC +7.1%
1974 28.63 SLC +12.6%
1975 32.11 SLC +12.2%
1976 34.54 SLC +7.6%
1977 37.13 SLC +7.5%
1978 38.76 SLC +4.4%
1979 40.5 SLC +4.5%
1980 42.17 SLC +4.1%
1981 44.34 SLC +5.1%
1982 47.7 SLC +7.6%
1983 50.38 SLC +5.6%
1984 53.12 SLC +5.4%
1985 55.57 SLC +4.6%
1986 57.13 SLC +2.8%
1987 58.09 SLC +1.7%
1988 59.35 SLC +2.2%
1989 62.2 SLC +4.8%
1990 63.95 SLC +2.8%
1991 65.79 SLC +2.9%
1992 68.04 SLC +3.4%
1993 70.76 SLC +4.0%
1994 72.24 SLC +2.1%
1995 73.12 SLC +1.2%
1996 73.47 SLC +0.5%
1997 74.02 SLC +0.8%
1998 75.36 SLC +1.8%
1999 75.81 SLC +0.6%
2000 77.34 SLC +2.0%
2001 78.87 SLC +2.0%
2002 80.17 SLC +1.6%
2003 81.65 SLC +1.9%
2004 83.21 SLC +1.9%
2005 84.95 SLC +2.1%
2006 86.87 SLC +2.3%
2007 88.55 SLC +1.9%
2008 90.24 SLC +1.9%
2009 90.94 SLC +0.8%
2010 92.49 SLC +1.7%
2011 94.61 SLC +2.3%
2012 96.7 SLC +2.2%
2013 98.07 SLC +1.4%
2014 98.89 SLC +0.8%
2015 100 SLC +1.1%
2016 101.89 SLC +1.9%
2017 103.92 SLC +2.0%
2018 105.7 SLC +1.7%
2019 107.66 SLC +1.9%
2020 109.38 SLC +1.6%
2021 112.38 SLC +2.7%
2022 120.07 SLC +6.8%
2023 125.48 SLC +4.5%
2024 127.92 SLC +1.9%

Averages by decade

DecadeAverage LowestHighest Years
1970s 30.44 SLC 21.15 SLC 40.5 SLC 10
1980s 53 SLC 42.17 SLC 62.2 SLC 10
1990s 71.25 SLC 63.95 SLC 75.81 SLC 10
2000s 84.28 SLC 77.34 SLC 90.94 SLC 10
2010s 99.99 SLC 92.49 SLC 107.66 SLC 10
2020s 119.05 SLC 109.38 SLC 127.92 SLC 5

Countries ranked near Belgium

  1. 115 Germany 129.68 SLC compare
  2. 116 Belize 128.24 SLC compare
  3. 117 Antigua and Barbuda 128.03 SLC compare
  4. 119 Austria 127.86 SLC compare
  5. 120 Philippines 127.81 SLC compare
  6. 121 Kiribati 127.6 SLC compare

See the full ranking of 210 places →

More economy & growth data for Belgium

All data for Belgium →

Frequently asked questions

What is gdp deflator — value standard local currency, 2015 prices in Belgium?
Gdp deflator — value standard local currency, 2015 prices in Belgium was 127.92 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Belgium?
The highest recorded value was 127.92 SLC in 2024.
What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Belgium?
The lowest recorded value was 21.15 SLC in 1970.
How does Belgium rank for gdp deflator — value standard local currency, 2015 prices?
Belgium ranks 118th out of 194 countries with data for 2024.
Is gdp deflator — value standard local currency, 2015 prices rising or falling in Belgium?
Over the last ten years it is up 29.4%. The long-run trend across the full record is rising.
Where does this Belgium data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.

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GDP Deflator — Value Standard Local Currency, 2015 prices in Belgium. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 24 August 2026, from https://economy.statizoid.com/stat/gdp-deflator-value-standard-local-currency-2015-prices/belgium/

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About this data

Indicator
GDP Deflator — Value Standard Local Currency, 2015 prices
Unit
SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
210 places, 10,863 data points, 1970–2024
Last refreshed

The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).