Gross domestic product (GDP) at current market prices by other in Belgium
Belgium: Gross domestic product (GDP) at current market prices by other was 429,577 Million euro in 2024. ▲ Rising
Latest (2024)
429,577 Million euro
Change on year
up 3.1%
World rank
8th
of 33 countries
All-time high
429,577 Million euro
in 2024
All-time low
199,661 Million euro
in 2003
Years of data
22
2003–2024
Gross domestic product (GDP) at current market prices by other in Belgium, 2003–2024
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for gross domestic product (gdp) at current market prices by other in Belgium is 429,577 Million euro, measured in 2024. That is the highest value across all 22 years on record.
Compared with earlier readings it is up 3.1% on the previous year and up 51.1% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by other in Belgium peaked at 429,577 Million euro in 2024 and was at its lowest, 199,661 Million euro, in 2003.
That places Belgium 8th out of 33 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Gross domestic product (GDP) at current market prices by other in Belgium, year by year
| Year | Million euro | Change |
|---|---|---|
| 2003 | 199,661 Million euro | — |
| 2004 | 211,109 Million euro | +5.7% |
| 2005 | 220,393 Million euro | +4.4% |
| 2006 | 231,289 Million euro | +4.9% |
| 2007 | 244,024 Million euro | +5.5% |
| 2008 | 249,348 Million euro | +2.2% |
| 2009 | 244,306 Million euro | -2.0% |
| 2010 | 254,810 Million euro | +4.3% |
| 2011 | 266,556 Million euro | +4.6% |
| 2012 | 272,597 Million euro | +2.3% |
| 2013 | 276,389 Million euro | +1.4% |
| 2014 | 284,384 Million euro | +2.9% |
| 2015 | 293,044 Million euro | +3.0% |
| 2016 | 301,814 Million euro | +3.0% |
| 2017 | 311,595 Million euro | +3.2% |
| 2018 | 321,315 Million euro | +3.1% |
| 2019 | 333,560 Million euro | +3.8% |
| 2020 | 320,674 Million euro | -3.9% |
| 2021 | 354,052 Million euro | +10.4% |
| 2022 | 387,925 Million euro | +9.6% |
| 2023 | 416,578 Million euro | +7.4% |
| 2024 | 429,577 Million euro | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 228,590 Million euro | 199,661 Million euro | 249,348 Million euro | 7 |
| 2010s | 291,606 Million euro | 254,810 Million euro | 333,560 Million euro | 10 |
| 2020s | 381,761 Million euro | 320,674 Million euro | 429,577 Million euro | 5 |
Countries ranked near Belgium
- 5 Netherlands 920,489 Million euro compare
- 5 Netherlands 920,489 Million euro compare
- 7 Switzerland 478,110 Million euro compare
- 9 Poland 287,414 Million euro compare
- 9 Poland 287,414 Million euro compare
- 11 Ireland 279,800 Million euro 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)
- Total reserves minus gold (current US$), annual growth rate 5.18 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.0337 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 2,048 current US$ per person (2025)
- General government final consumption expenditure (current US$) 9.1 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.2395 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 14,552 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 4.5 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.212 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by other in Belgium?
- Gross domestic product (gdp) at current market prices by other in Belgium was 429,577 Million euro in 2024, according to Eurostat.
- What is the highest gross domestic product (gdp) at current market prices by other recorded in Belgium?
- The highest recorded value was 429,577 Million euro in 2024.
- What is the lowest gross domestic product (gdp) at current market prices by other recorded in Belgium?
- The lowest recorded value was 199,661 Million euro in 2003.
- How does Belgium rank for gross domestic product (gdp) at current market prices by other?
- Belgium ranks 8th out of 33 countries with data for 2024.
- Is gross domestic product (gdp) at current market prices by other rising or falling in Belgium?
- Over the last ten years it is up 51.1%. 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 other typologies. Statizoid updates them automatically from the source API.
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