Government procurement share gdp in Belgium

Belgium: Government procurement share gdp was 15.37 in 2024. ▲ Rising

Latest (2024)
15.37
Change on year
up 3.7%
World rank
12th
of 43 countries
All-time high
15.37
in 2024
All-time low
12.3
in 2007
Years of data
18
2007–2024

Government procurement share gdp in Belgium, 2007–2024

0510152007201520242007: 12.32008: 13.12009: 14.22010: 142011: 14.32012: 14.62013: 14.32014: 14.62015: 14.32016: 14.32017: 14.22018: 14.52019: 14.42020: 14.92021: 152022: 14.92023: 14.82024: 15.4

Source: Our World in Data.

Analysis

In 2024, government procurement share gdp in Belgium stood at 15.37. That is the highest value across all 18 years on record.

Compared with earlier readings it is up 3.7% on the previous year and up 5.5% over ten years.

Over the whole period, government procurement share gdp in Belgium peaked at 15.37 in 2024 and was at its lowest, 12.3, in 2007.

Belgium ranks 12th of 43 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 18 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 13.18 12.3 14.18 3
2010s 14.33 13.99 14.57 10
2020s 14.98 14.82 15.37 5

Countries ranked near Belgium

  1. 9 France 16.23 compare
  2. 10 Austria 15.52 compare
  3. 11 Iceland 15.49 compare
  4. 13 Brazil 15.06 compare
  5. 14 Croatia 15.04 compare
  6. 15 Estonia 14.91 compare

See the full ranking of 43 places →

More economy & growth data for Belgium

All data for Belgium →

Frequently asked questions

What is government procurement share gdp in Belgium?
Government procurement share gdp in Belgium was 15.37 in 2024, according to Our World in Data.
What is the highest government procurement share gdp recorded in Belgium?
The highest recorded value was 15.37 in 2024.
What is the lowest government procurement share gdp recorded in Belgium?
The lowest recorded value was 12.3 in 2007.
How does Belgium rank for government procurement share gdp?
Belgium ranks 12th out of 43 countries with data for 2024.
Is government procurement share gdp rising or falling in Belgium?
Over the last ten years it is up 5.5%. The long-run trend across the full record is rising.
Where does this Belgium data come from?
The figures come from Our World in Data, published as part of Government procurement share gdp. Statizoid updates them automatically from the source API.

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CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Government procurement share gdp
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
43 places, 759 data points, 2007–2024
Last refreshed