Gross domestic product (GDP), Constant prices, Purchasing power in Belgium
Belgium: Gross domestic product (GDP), Constant prices, Purchasing power was 594.3 in 2019. ▲ Rising
Latest (2019)
594.3
Change on year
up 1.7%
World rank
36th
of 193 countries
All-time high
594.3
in 2019
All-time low
129.07
in 1960
Years of data
60
1960–2019
Gross domestic product (GDP), Constant prices, Purchasing power in Belgium, 1960–2019
Source: International Monetary Fund.
Analysis
Belgium recorded 594.3 for gross domestic product (gdp), constant prices, purchasing power in 2019. That is the highest value across all 60 years on record.
Compared with earlier readings it is up 1.7% on the previous year and up 17.0% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Belgium peaked at 594.3 in 2019 and was at its lowest, 129.07, in 1960.
Belgium ranks 36th of 193 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 60 years of available data.
Gross domestic product (GDP), Constant prices, Purchasing power in Belgium, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 129.07 | — |
| 1961 | 135.49 | +5.0% |
| 1962 | 142.51 | +5.2% |
| 1963 | 148.79 | +4.4% |
| 1964 | 159.12 | +6.9% |
| 1965 | 164.83 | +3.6% |
| 1966 | 169.95 | +3.1% |
| 1967 | 176.53 | +3.9% |
| 1968 | 183.89 | +4.2% |
| 1969 | 196.07 | +6.6% |
| 1970 | 208.21 | +6.2% |
| 1971 | 216.03 | +3.8% |
| 1972 | 227.38 | +5.3% |
| 1973 | 241.3 | +6.1% |
| 1974 | 251.44 | +4.2% |
| 1975 | 248.1 | -1.3% |
| 1976 | 262.12 | +5.7% |
| 1977 | 263.76 | +0.6% |
| 1978 | 271.26 | +2.8% |
| 1979 | 277.61 | +2.3% |
| 1980 | 290.05 | +4.5% |
| 1981 | 289.24 | -0.3% |
| 1982 | 290.96 | +0.6% |
| 1983 | 291.86 | +0.3% |
| 1984 | 299.06 | +2.5% |
| 1985 | 304 | +1.7% |
| 1986 | 309.54 | +1.8% |
| 1987 | 316.68 | +2.3% |
| 1988 | 331.64 | +4.7% |
| 1989 | 343.15 | +3.5% |
| 1990 | 353.91 | +3.1% |
| 1991 | 360.4 | +1.8% |
| 1992 | 365.92 | +1.5% |
| 1993 | 362.4 | -1.0% |
| 1994 | 374.09 | +3.2% |
| 1995 | 383.01 | +2.4% |
| 1996 | 388.06 | +1.3% |
| 1997 | 402.78 | +3.8% |
| 1998 | 410.69 | +2.0% |
| 1999 | 425.23 | +3.5% |
| 2000 | 441.07 | +3.7% |
| 2001 | 445.89 | +1.1% |
| 2002 | 453.5 | +1.7% |
| 2003 | 458.2 | +1.0% |
| 2004 | 474.56 | +3.6% |
| 2005 | 485.61 | +2.3% |
| 2006 | 498 | +2.6% |
| 2007 | 516.29 | +3.7% |
| 2008 | 518.59 | +0.4% |
| 2009 | 508.12 | -2.0% |
| 2010 | 522.68 | +2.9% |
| 2011 | 531.54 | +1.7% |
| 2012 | 535.47 | +0.7% |
| 2013 | 537.92 | +0.5% |
| 2014 | 546.42 | +1.6% |
| 2015 | 557.57 | +2.0% |
| 2016 | 564.63 | +1.3% |
| 2017 | 573.71 | +1.6% |
| 2018 | 584.11 | +1.8% |
| 2019 | 594.3 | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 160.63 | 129.07 | 196.07 | 10 |
| 1970s | 246.72 | 208.21 | 277.61 | 10 |
| 1980s | 306.62 | 289.24 | 343.15 | 10 |
| 1990s | 382.65 | 353.91 | 425.23 | 10 |
| 2000s | 479.98 | 441.07 | 518.59 | 10 |
| 2010s | 554.84 | 522.68 | 594.3 | 10 |
Countries ranked near Belgium
- 33 South Africa 732.49 compare
- 34 United Arab Emirates 648.05 compare
- 35 Switzerland 608.73 compare
- 37 Romania 578.53 compare
- 38 Ukraine 573.52 compare
- 39 Sudan 550.86 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 gross domestic product (gdp), constant prices, purchasing power in Belgium?
- Gross domestic product (gdp), constant prices, purchasing power in Belgium was 594.3 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Belgium?
- The highest recorded value was 594.3 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Belgium?
- The lowest recorded value was 129.07 in 1960.
- How does Belgium rank for gross domestic product (gdp), constant prices, purchasing power?
- Belgium ranks 36th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Belgium?
- Over the last ten years it is up 17.0%. The long-run trend across the full record is rising.
- Where does this Belgium data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.