Government procurement share gdp in Belgium
Belgium: Government procurement share gdp was 15.37 in 2024. ▲ Rising
Government procurement share gdp in Belgium, 2007–2024
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.
Government procurement share gdp in Belgium, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 12.3 | — |
| 2008 | 13.07 | +6.3% |
| 2009 | 14.18 | +8.5% |
| 2010 | 13.99 | -1.3% |
| 2011 | 14.3 | +2.2% |
| 2012 | 14.57 | +1.9% |
| 2013 | 14.31 | -1.8% |
| 2014 | 14.57 | +1.8% |
| 2015 | 14.32 | -1.8% |
| 2016 | 14.26 | -0.4% |
| 2017 | 14.16 | -0.7% |
| 2018 | 14.5 | +2.4% |
| 2019 | 14.36 | -0.9% |
| 2020 | 14.85 | +3.4% |
| 2021 | 15 | +1.0% |
| 2022 | 14.87 | -0.9% |
| 2023 | 14.82 | -0.3% |
| 2024 | 15.37 | +3.7% |
Belgium compared with similar countries
- Belgium's 15.37 is above the median for high income countries, which is 14.02, 1.1× the median. (37 countries reporting)
- Belgium's 15.37 is above the median for Europe & Central Asia, which is 13.97, 1.1× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 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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