GNI (constant LCU), annual growth rate in Belgium
Belgium: GNI (constant LCU), annual growth rate was 1.22 % change on previous year in 2024. ◆ Volatile
GNI (constant LCU), annual growth rate in Belgium, 1996–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gni (constant lcu), annual growth rate in Belgium is 1.22 % change on previous year, measured in 2024.
Compared with earlier readings it is down 64.9% on the previous year and down 20.6% over ten years.
Over the whole period, gni (constant lcu), annual growth rate in Belgium peaked at 5.56 % change on previous year in 2021 and was at its lowest, -4.44 % change on previous year, in 2020.
That places Belgium 128th out of 167 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GNI (constant LCU), annual growth rate in Belgium, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 0.9311 % change on previous year | — |
| 1997 | 3.71 % change on previous year | +298.1% |
| 1998 | 2.19 % change on previous year | -40.8% |
| 1999 | 2.8 % change on previous year | +27.9% |
| 2000 | 2.83 % change on previous year | +1.0% |
| 2001 | 0.4241 % change on previous year | -85.0% |
| 2002 | 1.85 % change on previous year | +337.3% |
| 2003 | 0.8408 % change on previous year | -54.7% |
| 2004 | 2.47 % change on previous year | +193.6% |
| 2005 | 1.73 % change on previous year | -29.7% |
| 2006 | 2.21 % change on previous year | +27.2% |
| 2007 | 3.76 % change on previous year | +70.5% |
| 2008 | -0.6093 % change on previous year | -116.2% |
| 2009 | -0.35 % change on previous year | -42.6% |
| 2010 | 0.9872 % change on previous year | -382.1% |
| 2011 | -0.5505 % change on previous year | -155.8% |
| 2012 | 2.29 % change on previous year | -515.3% |
| 2013 | 0.6263 % change on previous year | -72.6% |
| 2014 | 1.54 % change on previous year | +146.0% |
| 2015 | 1.74 % change on previous year | +13.2% |
| 2016 | 1.39 % change on previous year | -20.3% |
| 2017 | 1.14 % change on previous year | -17.7% |
| 2018 | 1.35 % change on previous year | +17.6% |
| 2019 | 2.88 % change on previous year | +113.6% |
| 2020 | -4.44 % change on previous year | -254.3% |
| 2021 | 5.56 % change on previous year | -225.3% |
| 2022 | 0.1326 % change on previous year | -97.6% |
| 2023 | 3.48 % change on previous year | +2527.0% |
| 2024 | 1.22 % change on previous year | -64.9% |
Belgium compared with similar countries
- Belgium's 1.22 % change on previous year is below the median for high income countries, which is 2.41 % change on previous year, 51% of the median. (59 countries reporting)
- Belgium's 1.22 % change on previous year is below the median for Europe & Central Asia, which is 2.68 % change on previous year, 46% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where GNI (constant LCU), annual growth rate in Belgium changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +2527.0% | 0.1326 % change on previous year | 3.48 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.41 % change on previous year | 0.9311 % change on previous year | 3.71 % change on previous year | 4 |
| 2000s | 1.52 % change on previous year | -0.6093 % change on previous year | 3.76 % change on previous year | 10 |
| 2010s | 1.34 % change on previous year | -0.5505 % change on previous year | 2.88 % change on previous year | 10 |
| 2020s | 1.19 % change on previous year | -4.44 % change on previous year | 5.56 % change on previous year | 5 |
Countries ranked near Belgium
- 125 Italy 1.45 % change on previous year compare
- 126 Lebanon 1.34 % change on previous year compare
- 127 Finland 1.26 % change on previous year compare
- 129 Australia 1.03 % change on previous year compare
- 130 Denmark 1.01 % change on previous year compare
- 131 Somalia 0.9917 % change on previous year compare
More economy & growth data for Belgium
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -19.31 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0266 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -1,617 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -28.79 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 30.39 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0397 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -2,411 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 33.22 % change on previous year (2025)
Frequently asked questions
- What is gni (constant lcu), annual growth rate in Belgium?
- Gni (constant lcu), annual growth rate in Belgium was 1.22 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gni (constant lcu), annual growth rate recorded in Belgium?
- The highest recorded value was 5.56 % change on previous year in 2021.
- What is the lowest gni (constant lcu), annual growth rate recorded in Belgium?
- The lowest recorded value was -4.44 % change on previous year in 2020.
- How does Belgium rank for gni (constant lcu), annual growth rate?
- Belgium ranks 128th out of 167 countries with data for 2024.
- Is gni (constant lcu), annual growth rate rising or falling in Belgium?
- Over the last ten years it is down 20.6%. The long-run trend across the full record is volatile.
- Where does this Belgium data come from?
- The figures come from Statizoid (derived), published as part of GNI (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GNI (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GNI Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GNI (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.