Gdp penn world table in Belgium

Belgium: Gdp penn world table was 680.78 billion in 2023. ◆ Volatile

Latest (2023)
680.78 billion
Change on year
up 1.6%
World rank
38th
of 184 countries
All-time high
680.78 billion
in 2023
All-time low
81.67 billion
in 1950
Years of data
74
1950–2023

Gdp penn world table in Belgium, 1950–2023

0200.0B400.0B600.0B195019862023

Source: Our World in Data.

Analysis

Belgium recorded 680.78 billion for gdp penn world table in 2023. That is the highest value across all 74 years on record.

That represents a change of up 1.6% on the previous year and up 21.0% over ten years.

Over the whole period, gdp penn world table in Belgium peaked at 680.78 billion in 2023 and was at its lowest, 81.67 billion, in 1950.

Belgium ranks 38th of 184 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gdp penn world table in Belgium, year by year

Annual values for Gdp penn world table in Belgium, 1950 to 2023.
Year Value Change
1950 81.67 billion —
1951 85.05 billion +4.1%
1952 86.97 billion +2.3%
1953 89.68 billion +3.1%
1954 93.73 billion +4.5%
1955 97.96 billion +4.5%
1956 100.74 billion +2.8%
1957 102.49 billion +1.7%
1958 101.41 billion -1.1%
1959 104.32 billion +2.9%
1960 109.67 billion +5.1%
1961 115.46 billion +5.3%
1962 121.69 billion +5.4%
1963 126.50 billion +3.9%
1964 135.06 billion +6.8%
1965 139.87 billion +3.6%
1966 143.66 billion +2.7%
1967 149.16 billion +3.8%
1968 155.54 billion +4.3%
1969 165.10 billion +6.1%
1970 174.66 billion +5.8%
1971 181.67 billion +4.0%
1972 192.84 billion +6.1%
1973 206.30 billion +7.0%
1974 215.62 billion +4.5%
1975 214.06 billion -0.7%
1976 228.08 billion +6.5%
1977 231.80 billion +1.6%
1978 241.04 billion +4.0%
1979 248.97 billion +3.3%
1980 266.10 billion +6.9%
1981 254.04 billion -4.5%
1982 245.90 billion -3.2%
1983 238.67 billion -2.9%
1984 237.67 billion -0.4%
1985 226.37 billion -4.8%
1986 243.97 billion +7.8%
1987 258.57 billion +6.0%
1988 279.62 billion +8.1%
1989 287.50 billion +2.8%
1990 301.47 billion +4.9%
1991 307.44 billion +2.0%
1992 320.09 billion +4.1%
1993 323.34 billion +1.0%
1994 333.21 billion +3.1%
1995 348.59 billion +4.6%
1996 347.45 billion -0.3%
1997 361.94 billion +4.2%
1998 362.35 billion +0.1%
1999 378.61 billion +4.5%
2000 405.75 billion +7.2%
2001 410.02 billion +1.1%
2002 425.96 billion +3.9%
2003 433.89 billion +1.9%
2004 440.92 billion +1.6%
2005 479.84 billion +8.8%
2006 461.99 billion -3.7%
2007 479.54 billion +3.8%
2008 521.74 billion +8.8%
2009 507.98 billion -2.6%
2010 543.16 billion +6.9%
2011 561.04 billion +3.3%
2012 563.36 billion +0.4%
2013 562.58 billion -0.1%
2014 568.64 billion +1.1%
2015 550.43 billion -3.2%
2016 562.65 billion +2.2%
2017 581.32 billion +3.3%
2018 578.65 billion -0.5%
2019 618.20 billion +6.8%
2020 601.60 billion -2.7%
2021 642.66 billion +6.8%
2022 670.29 billion +4.3%
2023 680.78 billion +1.6%

Belgium compared with similar countries

  • Belgium's 680.78 billion is above the median for high income countries, which is 277.84 billion, 2.5× the median. (66 countries reporting)
  • Belgium's 680.78 billion is above the median for Europe & Central Asia, which is 314.74 billion, 2.2× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1950s 94.40 billion 81.67 billion 104.32 billion 10
1960s 136.17 billion 109.67 billion 165.10 billion 10
1970s 213.50 billion 174.66 billion 248.97 billion 10
1980s 253.84 billion 226.37 billion 287.50 billion 10
1990s 338.45 billion 301.47 billion 378.61 billion 10
2000s 456.76 billion 405.75 billion 521.74 billion 10
2010s 569.00 billion 543.16 billion 618.20 billion 10
2020s 648.83 billion 601.60 billion 680.78 billion 4

Countries ranked near Belgium

  1. 35 South Africa 797.74 billion compare
  2. 36 Kazakhstan 697.15 billion compare
  3. 37 Ireland 688.78 billion compare
  4. 39 Algeria 673.07 billion compare
  5. 40 Romania 661.59 billion compare
  6. 41 Sweden 628.73 billion compare

See the full ranking of 184 places →

More economy & growth data for Belgium

All data for Belgium →

Frequently asked questions

What is gdp penn world table in Belgium?
Gdp penn world table in Belgium was 680.78 billion in 2023, according to Our World in Data.
What is the highest gdp penn world table recorded in Belgium?
The highest recorded value was 680.78 billion in 2023.
What is the lowest gdp penn world table recorded in Belgium?
The lowest recorded value was 81.67 billion in 1950.
How does Belgium rank for gdp penn world table?
Belgium ranks 38th out of 184 countries with data for 2023.
Is gdp penn world table rising or falling in Belgium?
Over the last ten years it is up 21.0%. The long-run trend across the full record is volatile.
Where does this Belgium data come from?
The figures come from Our World in Data, published as part of Gdp penn world table. Statizoid updates them automatically from the source API.

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Gdp penn world table in Belgium. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://economy.statizoid.com/stat/gdp-penn-world-table/belgium/

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About this data

Indicator
Gdp penn world table
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed