GDP weights used in the calculation of the global specific indicator in Belgium

Belgium: GDP weights used in the calculation of the global specific indicator was 3.1% in 2023. ▲ Rising

Latest (2023)
3.1%
Change on year
unchanged
World rank
12th
of 37 countries
All-time high
3.1%
in 2022
All-time low
2.6%
in 2014
Years of data
10
2014–2023

GDP weights used in the calculation of the global specific indicator in Belgium, 2014–2023

01232014201820232014: 2.6 Percentage of EU27 (from 2020) total (based on million purchasing power standard2015: 2.6 Percentage of EU27 (from 2020) total (based on million purchasing power standard2016: 2.6 Percentage of EU27 (from 2020) total (based on million purchasing power standard2017: 2.6 Percentage of EU27 (from 2020) total (based on million purchasing power standard2018: 2.6 Percentage of EU27 (from 2020) total (based on million purchasing power standard2019: 2.6 Percentage of EU27 (from 2020) total (based on million purchasing power standard2020: 2.6 Percentage of EU27 (from 2020) total (based on million purchasing power standard2021: 3 Percentage of EU27 (from 2020) total (based on million purchasing power standard2022: 3.1 Percentage of EU27 (from 2020) total (based on million purchasing power standard2023: 3.1 Percentage of EU27 (from 2020) total (based on million purchasing power standard

Source: Eurostat. Measured in Percentage of EU27 (from 2020) total (based on million purchasing power standard.

Analysis

The most recent figure for gdp weights used in the calculation of the global specific indicator in Belgium is 3.1%, measured in 2023. That is the highest value across all 10 years on record.

Compared with earlier readings it is up 19.2% over ten years.

Over the whole period, gdp weights used in the calculation of the global specific indicator in Belgium peaked at 3.1% in 2022 and was at its lowest, 2.6%, in 2014.

That places Belgium 12th out of 37 countries with data for 2023, putting it in the middle of the range.

GDP weights used in the calculation of the global specific indicator in Belgium, year by year

Annual values for GDP weights used in the calculation of the global specific indicator in Belgium, 2014 to 2023.
Year Percentage of EU27 (from 2020) total (based on million purchasing power standard Change
2014 2.6%
2015 2.6% +0.0%
2016 2.6% +0.0%
2017 2.6% +0.0%
2018 2.6% +0.0%
2019 2.6% +0.0%
2020 2.6% +0.0%
2021 3.0% +15.4%
2022 3.1% +3.3%
2023 3.1% +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 2.6% 2.6% 2.6% 6
2020s 3.0% 2.6% 3.1% 4

Countries ranked near Belgium

  1. 9 Netherlands 5.2% compare
  2. 9 Netherlands 5.2% compare
  3. 11 Romania 3.3% compare
  4. 13 Sweden 2.8% compare
  5. 14 Ireland 2.7% compare
  6. 15 Austria 2.5% compare

See the full ranking of 38 places →

More economy & growth data for Belgium

All data for Belgium →

Frequently asked questions

What is gdp weights used in the calculation of the global specific indicator in Belgium?
Gdp weights used in the calculation of the global specific indicator in Belgium was 3.1% in 2023, according to Eurostat.
What is the highest gdp weights used in the calculation of the global specific indicator recorded in Belgium?
The highest recorded value was 3.1% in 2022.
What is the lowest gdp weights used in the calculation of the global specific indicator recorded in Belgium?
The lowest recorded value was 2.6% in 2014.
How does Belgium rank for gdp weights used in the calculation of the global specific indicator?
Belgium ranks 12th out of 37 countries with data for 2023.
Is gdp weights used in the calculation of the global specific indicator rising or falling in Belgium?
Over the last ten years it is up 19.2%. The long-run trend across the full record is rising.
Where does this Belgium data come from?
The figures come from Eurostat, published as part of GDP weights used in the calculation of the global specific indicator. Statizoid updates them automatically from the source API.

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GDP weights used in the calculation of the global specific indicator in Belgium. Statizoid, drawing on Eurostat. Retrieved 04 September 2026, from https://economy.statizoid.com/stat/gdp-weights-used-in-the-calculation-of-the-global-specific-indicator/belgium/

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About this data

Indicator
GDP weights used in the calculation of the global specific indicator
Unit
Percentage of EU27 (from 2020) total (based on million purchasing power standard
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
38 places, 374 data points, 2014–2023
Last refreshed