GDP Deflator — Value US$, 2015 prices in Belgium
Belgium: GDP Deflator — Value US$, 2015 prices was 124.79 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Belgium, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Belgium recorded 124.79 USD for gdp deflator — value us$, 2015 prices in 2024. That is the highest value across all 55 years on record.
That represents a change of up 2.0% on the previous year and up 5.4% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Belgium peaked at 124.79 USD in 2024 and was at its lowest, 15.38 USD, in 1970.
That places Belgium 70th out of 222 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value US$, 2015 prices in Belgium, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 15.38 USD | — |
| 1971 | 16.55 USD | +7.6% |
| 1972 | 19.62 USD | +18.5% |
| 1973 | 23.73 USD | +20.9% |
| 1974 | 26.72 USD | +12.6% |
| 1975 | 31.74 USD | +18.8% |
| 1976 | 32.53 USD | +2.5% |
| 1977 | 37.66 USD | +15.8% |
| 1978 | 44.75 USD | +18.8% |
| 1979 | 50.23 USD | +12.3% |
| 1980 | 52.44 USD | +4.4% |
| 1981 | 43.42 USD | -17.2% |
| 1982 | 37.96 USD | -12.6% |
| 1983 | 35.82 USD | -5.6% |
| 1984 | 33.42 USD | -6.7% |
| 1985 | 34.03 USD | +1.8% |
| 1986 | 46.5 USD | +36.6% |
| 1987 | 56.57 USD | +21.7% |
| 1988 | 58.69 USD | +3.7% |
| 1989 | 57.39 USD | -2.2% |
| 1990 | 69.57 USD | +21.2% |
| 1991 | 70.04 USD | +0.7% |
| 1992 | 76.95 USD | +9.9% |
| 1993 | 74.36 USD | -3.4% |
| 1994 | 78.5 USD | +5.6% |
| 1995 | 90.18 USD | +14.9% |
| 1996 | 86.27 USD | -4.3% |
| 1997 | 75.23 USD | -12.8% |
| 1998 | 75.48 USD | +0.3% |
| 1999 | 72.82 USD | -3.5% |
| 2000 | 64.38 USD | -11.6% |
| 2001 | 63.67 USD | -1.1% |
| 2002 | 68.32 USD | +7.3% |
| 2003 | 83.24 USD | +21.8% |
| 2004 | 93.29 USD | +12.1% |
| 2005 | 95.25 USD | +2.1% |
| 2006 | 98.31 USD | +3.2% |
| 2007 | 109.38 USD | +11.3% |
| 2008 | 119.62 USD | +9.4% |
| 2009 | 114.33 USD | -4.4% |
| 2010 | 110.52 USD | -3.3% |
| 2011 | 118.7 USD | +7.4% |
| 2012 | 111.98 USD | -5.7% |
| 2013 | 117.39 USD | +4.8% |
| 2014 | 118.41 USD | +0.9% |
| 2015 | 100 USD | -15.5% |
| 2016 | 101.66 USD | +1.7% |
| 2017 | 105.81 USD | +4.1% |
| 2018 | 112.51 USD | +6.3% |
| 2019 | 108.63 USD | -3.4% |
| 2020 | 112.6 USD | +3.7% |
| 2021 | 119.8 USD | +6.4% |
| 2022 | 113.96 USD | -4.9% |
| 2023 | 122.29 USD | +7.3% |
| 2024 | 124.79 USD | +2.0% |
Belgium compared with similar countries
- Belgium's 124.79 USD is above the median for high income countries, which is 121.8 USD, 1.0× the median. (68 countries reporting)
- Belgium's 124.79 USD is below the median for Europe & Central Asia, which is 125.65 USD, 99% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 29.89 USD | 15.38 USD | 50.23 USD | 10 |
| 1980s | 45.62 USD | 33.42 USD | 58.69 USD | 10 |
| 1990s | 76.94 USD | 69.57 USD | 90.18 USD | 10 |
| 2000s | 90.98 USD | 63.67 USD | 119.62 USD | 10 |
| 2010s | 110.56 USD | 100 USD | 118.7 USD | 10 |
| 2020s | 118.69 USD | 112.6 USD | 124.79 USD | 5 |
Countries ranked near Belgium
- 67 Nepal 125.22 USD compare
- 68 Costa Rica 125.03 USD compare
- 69 Mauritania 125 USD compare
- 71 Austria 124.74 USD compare
- 72 Somalia 124.53 USD compare
- 73 Azerbaijan 124.49 USD compare
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 deflator — value us$, 2015 prices in Belgium?
- Gdp deflator — value us$, 2015 prices in Belgium was 124.79 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Belgium?
- The highest recorded value was 124.79 USD in 2024.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Belgium?
- The lowest recorded value was 15.38 USD in 1970.
- How does Belgium rank for gdp deflator — value us$, 2015 prices?
- Belgium ranks 70th out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Belgium?
- Over the last ten years it is up 5.4%. 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
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).