Gross domestic product (GDP), per unit of GDP in Belgium
Belgium: Gross domestic product (GDP), per unit of GDP was 1.05 international-$ in 2021 prices per US$ of GDP in 2023. ◆ Volatile
Latest (2023)
1.05 international-$ in 2021 prices per US$ of GDP
Change on year
down 7.7%
World rank
161st
of 180 countries
All-time high
9.29 international-$ in 2021 prices per US$ of GDP
in 1960
All-time low
1.01 international-$ in 2021 prices per US$ of GDP
in 2008
Years of data
64
1960–2023
Gross domestic product (GDP), per unit of GDP in Belgium, 1960–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
In 2023, gross domestic product (gdp), per unit of gdp in Belgium stood at 1.05 international-$ in 2021 prices per US$ of GDP.
The figure is down 7.7% on the previous year and down 2.5% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Belgium peaked at 9.29 international-$ in 2021 prices per US$ of GDP in 1960 and was at its lowest, 1.01 international-$ in 2021 prices per US$ of GDP, in 2008.
That places Belgium 161st out of 180 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), per unit of GDP in Belgium, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1960 | 9.29 international-$ in 2021 prices per US$ of GDP | — |
| 1961 | 9.19 international-$ in 2021 prices per US$ of GDP | -1.0% |
| 1962 | 9.06 international-$ in 2021 prices per US$ of GDP | -1.5% |
| 1963 | 8.76 international-$ in 2021 prices per US$ of GDP | -3.3% |
| 1964 | 8.35 international-$ in 2021 prices per US$ of GDP | -4.6% |
| 1965 | 7.95 international-$ in 2021 prices per US$ of GDP | -4.8% |
| 1966 | 7.6 international-$ in 2021 prices per US$ of GDP | -4.3% |
| 1967 | 7.36 international-$ in 2021 prices per US$ of GDP | -3.1% |
| 1968 | 7.18 international-$ in 2021 prices per US$ of GDP | -2.5% |
| 1969 | 6.87 international-$ in 2021 prices per US$ of GDP | -4.3% |
| 1970 | 6.54 international-$ in 2021 prices per US$ of GDP | -4.9% |
| 1971 | 6.09 international-$ in 2021 prices per US$ of GDP | -6.9% |
| 1972 | 5.18 international-$ in 2021 prices per US$ of GDP | -14.9% |
| 1973 | 4.32 international-$ in 2021 prices per US$ of GDP | -16.6% |
| 1974 | 3.85 international-$ in 2021 prices per US$ of GDP | -10.9% |
| 1975 | 3.26 international-$ in 2021 prices per US$ of GDP | -15.3% |
| 1976 | 3.21 international-$ in 2021 prices per US$ of GDP | -1.6% |
| 1977 | 2.8 international-$ in 2021 prices per US$ of GDP | -12.8% |
| 1978 | 2.38 international-$ in 2021 prices per US$ of GDP | -14.9% |
| 1979 | 2.14 international-$ in 2021 prices per US$ of GDP | -10.1% |
| 1980 | 2.1 international-$ in 2021 prices per US$ of GDP | -2.0% |
| 1981 | 2.43 international-$ in 2021 prices per US$ of GDP | +15.6% |
| 1982 | 2.67 international-$ in 2021 prices per US$ of GDP | +10.1% |
| 1983 | 2.74 international-$ in 2021 prices per US$ of GDP | +2.5% |
| 1984 | 2.85 international-$ in 2021 prices per US$ of GDP | +4.2% |
| 1985 | 2.62 international-$ in 2021 prices per US$ of GDP | -8.0% |
| 1986 | 2.03 international-$ in 2021 prices per US$ of GDP | -22.5% |
| 1987 | 1.73 international-$ in 2021 prices per US$ of GDP | -14.9% |
| 1988 | 1.72 international-$ in 2021 prices per US$ of GDP | -0.5% |
| 1989 | 1.75 international-$ in 2021 prices per US$ of GDP | +1.6% |
| 1990 | 1.47 international-$ in 2021 prices per US$ of GDP | -16.1% |
| 1991 | 1.46 international-$ in 2021 prices per US$ of GDP | -0.5% |
| 1992 | 1.36 international-$ in 2021 prices per US$ of GDP | -6.7% |
| 1993 | 1.44 international-$ in 2021 prices per US$ of GDP | +5.5% |
| 1994 | 1.36 international-$ in 2021 prices per US$ of GDP | -5.4% |
| 1995 | 1.21 international-$ in 2021 prices per US$ of GDP | -11.1% |
| 1996 | 1.24 international-$ in 2021 prices per US$ of GDP | +2.8% |
| 1997 | 1.43 international-$ in 2021 prices per US$ of GDP | +15.1% |
| 1998 | 1.4 international-$ in 2021 prices per US$ of GDP | -2.1% |
| 1999 | 1.47 international-$ in 2021 prices per US$ of GDP | +4.6% |
| 2000 | 1.71 international-$ in 2021 prices per US$ of GDP | +16.9% |
| 2001 | 1.73 international-$ in 2021 prices per US$ of GDP | +1.1% |
| 2002 | 1.65 international-$ in 2021 prices per US$ of GDP | -4.8% |
| 2003 | 1.36 international-$ in 2021 prices per US$ of GDP | -17.3% |
| 2004 | 1.19 international-$ in 2021 prices per US$ of GDP | -12.5% |
| 2005 | 1.24 international-$ in 2021 prices per US$ of GDP | +4.2% |
| 2006 | 1.13 international-$ in 2021 prices per US$ of GDP | -9.0% |
| 2007 | 1.02 international-$ in 2021 prices per US$ of GDP | -10.0% |
| 2008 | 1.01 international-$ in 2021 prices per US$ of GDP | -1.0% |
| 2009 | 1.05 international-$ in 2021 prices per US$ of GDP | +3.9% |
| 2010 | 1.13 international-$ in 2021 prices per US$ of GDP | +7.7% |
| 2011 | 1.06 international-$ in 2021 prices per US$ of GDP | -5.7% |
| 2012 | 1.13 international-$ in 2021 prices per US$ of GDP | +6.2% |
| 2013 | 1.07 international-$ in 2021 prices per US$ of GDP | -5.0% |
| 2014 | 1.06 international-$ in 2021 prices per US$ of GDP | -1.5% |
| 2015 | 1.19 international-$ in 2021 prices per US$ of GDP | +13.0% |
| 2016 | 1.19 international-$ in 2021 prices per US$ of GDP | -0.6% |
| 2017 | 1.16 international-$ in 2021 prices per US$ of GDP | -2.2% |
| 2018 | 1.07 international-$ in 2021 prices per US$ of GDP | -8.1% |
| 2019 | 1.15 international-$ in 2021 prices per US$ of GDP | +8.0% |
| 2020 | 1.14 international-$ in 2021 prices per US$ of GDP | -1.4% |
| 2021 | 1.07 international-$ in 2021 prices per US$ of GDP | -5.5% |
| 2022 | 1.13 international-$ in 2021 prices per US$ of GDP | +5.5% |
| 2023 | 1.05 international-$ in 2021 prices per US$ of GDP | -7.7% |
Belgium compared with similar countries
- Belgium's 1.05 international-$ in 2021 prices per US$ of GDP is below the median for high income countries, which is 1.23 international-$ in 2021 prices per US$ of GDP, 85% of the median. (65 countries reporting)
- Belgium's 1.05 international-$ in 2021 prices per US$ of GDP is below the median for Europe & Central Asia, which is 1.5 international-$ in 2021 prices per US$ of GDP, 70% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.16 international-$ in 2021 prices per US$ of GDP | 6.87 international-$ in 2021 prices per US$ of GDP | 9.29 international-$ in 2021 prices per US$ of GDP | 10 |
| 1970s | 3.98 international-$ in 2021 prices per US$ of GDP | 2.14 international-$ in 2021 prices per US$ of GDP | 6.54 international-$ in 2021 prices per US$ of GDP | 10 |
| 1980s | 2.26 international-$ in 2021 prices per US$ of GDP | 1.72 international-$ in 2021 prices per US$ of GDP | 2.85 international-$ in 2021 prices per US$ of GDP | 10 |
| 1990s | 1.38 international-$ in 2021 prices per US$ of GDP | 1.21 international-$ in 2021 prices per US$ of GDP | 1.47 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 1.31 international-$ in 2021 prices per US$ of GDP | 1.01 international-$ in 2021 prices per US$ of GDP | 1.73 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 1.12 international-$ in 2021 prices per US$ of GDP | 1.06 international-$ in 2021 prices per US$ of GDP | 1.19 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 1.1 international-$ in 2021 prices per US$ of GDP | 1.05 international-$ in 2021 prices per US$ of GDP | 1.14 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Belgium
- 158 Sweden 1.09 international-$ in 2021 prices per US$ of GDP compare
- 159 Norway 1.09 international-$ in 2021 prices per US$ of GDP compare
- 160 Sint Maarten (Dutch part) 1.08 international-$ in 2021 prices per US$ of GDP compare
- 162 Antigua and Barbuda 1.04 international-$ in 2021 prices per US$ of GDP compare
- 163 United Kingdom 1.02 international-$ in 2021 prices per US$ of GDP compare
- 164 Macao 1.01 international-$ in 2021 prices per US$ of GDP 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$), annual growth rate 33.22 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in Belgium?
- Gross domestic product (gdp), per unit of gdp in Belgium was 1.05 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Belgium?
- The highest recorded value was 9.29 international-$ in 2021 prices per US$ of GDP in 1960.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Belgium?
- The lowest recorded value was 1.01 international-$ in 2021 prices per US$ of GDP in 2008.
- How does Belgium rank for gross domestic product (gdp), per unit of gdp?
- Belgium ranks 161st out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Belgium?
- Over the last ten years it is down 2.5%. The long-run trend across the full record is volatile.
- Where does this Belgium data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.