Gross Domestic Product — Value Standard Local Currency, 2015 prices in Belgium
Belgium: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 480,063 million SLC in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Belgium, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Belgium is 480,063 million SLC, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 1.0% on the previous year and up 17.2% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Belgium peaked at 480,063 million SLC in 2024 and was at its lowest, 156,492 million SLC, in 1970.
Belgium ranks 101st of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Belgium, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 156,492 million SLC | — |
| 1971 | 162,365 million SLC | +3.8% |
| 1972 | 170,898 million SLC | +5.3% |
| 1973 | 181,361 million SLC | +6.1% |
| 1974 | 188,978 million SLC | +4.2% |
| 1975 | 186,470 million SLC | -1.3% |
| 1976 | 197,011 million SLC | +5.7% |
| 1977 | 198,244 million SLC | +0.6% |
| 1978 | 203,948 million SLC | +2.9% |
| 1979 | 208,722 million SLC | +2.3% |
| 1980 | 217,998 million SLC | +4.4% |
| 1981 | 217,389 million SLC | -0.3% |
| 1982 | 218,682 million SLC | +0.6% |
| 1983 | 219,364 million SLC | +0.3% |
| 1984 | 224,775 million SLC | +2.5% |
| 1985 | 228,488 million SLC | +1.7% |
| 1986 | 232,652 million SLC | +1.8% |
| 1987 | 238,019 million SLC | +2.3% |
| 1988 | 249,261 million SLC | +4.7% |
| 1989 | 257,908 million SLC | +3.5% |
| 1990 | 266,000 million SLC | +3.1% |
| 1991 | 270,876 million SLC | +1.8% |
| 1992 | 275,022 million SLC | +1.5% |
| 1993 | 272,377 million SLC | -1.0% |
| 1994 | 281,166 million SLC | +3.2% |
| 1995 | 287,871 million SLC | +2.4% |
| 1996 | 291,675 million SLC | +1.3% |
| 1997 | 302,741 million SLC | +3.8% |
| 1998 | 308,680 million SLC | +2.0% |
| 1999 | 319,615 million SLC | +3.5% |
| 2000 | 331,495 million SLC | +3.7% |
| 2001 | 335,140 million SLC | +1.1% |
| 2002 | 340,860 million SLC | +1.7% |
| 2003 | 344,398 million SLC | +1.0% |
| 2004 | 356,697 million SLC | +3.6% |
| 2005 | 364,979 million SLC | +2.3% |
| 2006 | 374,294 million SLC | +2.6% |
| 2007 | 388,057 million SLC | +3.7% |
| 2008 | 389,791 million SLC | +0.4% |
| 2009 | 382,360 million SLC | -1.9% |
| 2010 | 392,723 million SLC | +2.7% |
| 2011 | 400,307 million SLC | +1.9% |
| 2012 | 401,171 million SLC | +0.2% |
| 2013 | 402,397 million SLC | +0.3% |
| 2014 | 409,501 million SLC | +1.8% |
| 2015 | 415,538 million SLC | +1.5% |
| 2016 | 420,497 million SLC | +1.2% |
| 2017 | 426,698 million SLC | +1.5% |
| 2018 | 434,711 million SLC | +1.9% |
| 2019 | 445,330 million SLC | +2.4% |
| 2020 | 423,986 million SLC | -4.8% |
| 2021 | 450,284 million SLC | +6.2% |
| 2022 | 469,346 million SLC | +4.2% |
| 2023 | 475,221 million SLC | +1.3% |
| 2024 | 480,063 million SLC | +1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 185,449 million SLC | 156,492 million SLC | 208,722 million SLC | 10 |
| 1980s | 230,454 million SLC | 217,389 million SLC | 257,908 million SLC | 10 |
| 1990s | 287,602 million SLC | 266,000 million SLC | 319,615 million SLC | 10 |
| 2000s | 360,807 million SLC | 331,495 million SLC | 389,791 million SLC | 10 |
| 2010s | 414,887 million SLC | 392,723 million SLC | 445,330 million SLC | 10 |
| 2020s | 459,780 million SLC | 423,986 million SLC | 480,063 million SLC | 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)
- Gross capital formation (current US$), annual growth rate 13.37 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2575 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 15,641 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 8.6 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.2279 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 13,842 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 0.26 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1743 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Belgium?
- Gross domestic product — value standard local currency, 2015 prices in Belgium was 480,063 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Belgium?
- The highest recorded value was 480,063 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Belgium?
- The lowest recorded value was 156,492 million SLC in 1970.
- How does Belgium rank for gross domestic product — value standard local currency, 2015 prices?
- Belgium ranks 101st out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Belgium?
- Over the last ten years it is up 17.2%. The long-run trend across the full record is rising.
- Where does this Belgium data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).