Gross domestic product (GDP) at current market prices by NUTS 2 region in Belgium
Belgium: Gross domestic product (GDP) at current market prices by NUTS 2 region was 620,272 Million euro in 2024. ▲ Rising
Latest (2024)
620,272 Million euro
Change on year
up 3.0%
World rank
11th
of 45 countries
All-time high
620,272 Million euro
in 2024
All-time low
256,376 Million euro
in 2000
Years of data
25
2000–2024
Gross domestic product (GDP) at current market prices by NUTS 2 region in Belgium, 2000–2024
Source: Eurostat. Measured in Million euro.
Analysis
In 2024, gross domestic product (gdp) at current market prices by nuts 2 region in Belgium stood at 620,272 Million euro. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 3.0% on the previous year and up 53.2% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 2 region in Belgium peaked at 620,272 Million euro in 2024 and was at its lowest, 256,376 Million euro, in 2000.
That places Belgium 11th out of 45 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Gross domestic product (GDP) at current market prices by NUTS 2 region in Belgium, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 256,376 Million euro | — |
| 2001 | 264,335 Million euro | +3.1% |
| 2002 | 273,256 Million euro | +3.4% |
| 2003 | 281,200 Million euro | +2.9% |
| 2004 | 296,820 Million euro | +5.6% |
| 2005 | 310,038 Million euro | +4.5% |
| 2006 | 325,152 Million euro | +4.9% |
| 2007 | 343,619 Million euro | +5.7% |
| 2008 | 351,743 Million euro | +2.4% |
| 2009 | 347,735 Million euro | -1.1% |
| 2010 | 363,242 Million euro | +4.5% |
| 2011 | 378,745 Million euro | +4.3% |
| 2012 | 387,935 Million euro | +2.4% |
| 2013 | 394,616 Million euro | +1.7% |
| 2014 | 404,958 Million euro | +2.6% |
| 2015 | 415,538 Million euro | +2.6% |
| 2016 | 428,467 Million euro | +3.1% |
| 2017 | 443,407 Million euro | +3.5% |
| 2018 | 459,492 Million euro | +3.6% |
| 2019 | 479,445 Million euro | +4.3% |
| 2020 | 463,751 Million euro | -3.3% |
| 2021 | 506,047 Million euro | +9.1% |
| 2022 | 561,309 Million euro | +10.9% |
| 2023 | 602,376 Million euro | +7.3% |
| 2024 | 620,272 Million euro | +3.0% |
Belgium compared with similar countries
- Belgium's 620,272 Million euro is above the median for Europe & Central Asia, which is 282,710 Million euro, 2.2× the median. (32 countries reporting)
- Belgium's 620,272 Million euro is above the median for high income countries, which is 320,787 Million euro, 1.9× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 305,027 Million euro | 256,376 Million euro | 351,743 Million euro | 10 |
| 2010s | 415,584 Million euro | 363,242 Million euro | 479,445 Million euro | 10 |
| 2020s | 550,751 Million euro | 463,751 Million euro | 620,272 Million euro | 5 |
Countries ranked near Belgium
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 gross domestic product (gdp) at current market prices by nuts 2 region in Belgium?
- Gross domestic product (gdp) at current market prices by nuts 2 region in Belgium was 620,272 Million euro in 2024, according to Eurostat.
- What is the highest gross domestic product (gdp) at current market prices by nuts 2 region recorded in Belgium?
- The highest recorded value was 620,272 Million euro in 2024.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 2 region recorded in Belgium?
- The lowest recorded value was 256,376 Million euro in 2000.
- How does Belgium rank for gross domestic product (gdp) at current market prices by nuts 2 region?
- Belgium ranks 11th out of 45 countries with data for 2024.
- Is gross domestic product (gdp) at current market prices by nuts 2 region rising or falling in Belgium?
- Over the last ten years it is up 53.2%. 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 Gross domestic product (GDP) at current market prices by NUTS 2 region. Statizoid updates them automatically from the source API.
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