Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Belgium
Belgium: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 115,580 million SLC in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Belgium, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency, 2015 in Belgium stood at 115,580 million SLC. That is the highest value across all 55 years on record.
That represents a change of up 1.4% on the previous year and up 23.9% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Belgium peaked at 115,580 million SLC in 2024 and was at its lowest, 36,789 million SLC, in 1971.
Belgium ranks 97th 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 Fixed Capital Formation — Value Standard Local Currency, 2015 in Belgium, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 37,502 million SLC | — |
| 1971 | 36,789 million SLC | -1.9% |
| 1972 | 38,038 million SLC | +3.4% |
| 1973 | 40,709 million SLC | +7.0% |
| 1974 | 43,534 million SLC | +6.9% |
| 1975 | 42,721 million SLC | -1.9% |
| 1976 | 44,427 million SLC | +4.0% |
| 1977 | 44,446 million SLC | +0.0% |
| 1978 | 45,674 million SLC | +2.8% |
| 1979 | 44,431 million SLC | -2.7% |
| 1980 | 50,025 million SLC | +12.6% |
| 1981 | 42,242 million SLC | -15.6% |
| 1982 | 40,532 million SLC | -4.0% |
| 1983 | 38,398 million SLC | -5.3% |
| 1984 | 39,257 million SLC | +2.2% |
| 1985 | 40,968 million SLC | +4.4% |
| 1986 | 42,274 million SLC | +3.2% |
| 1987 | 44,348 million SLC | +4.9% |
| 1988 | 51,478 million SLC | +16.1% |
| 1989 | 57,441 million SLC | +11.6% |
| 1990 | 62,352 million SLC | +8.5% |
| 1991 | 59,753 million SLC | -4.2% |
| 1992 | 60,376 million SLC | +1.0% |
| 1993 | 58,853 million SLC | -2.5% |
| 1994 | 59,072 million SLC | +0.4% |
| 1995 | 61,089 million SLC | +3.4% |
| 1996 | 61,427 million SLC | +0.6% |
| 1997 | 65,542 million SLC | +6.7% |
| 1998 | 67,018 million SLC | +2.3% |
| 1999 | 69,762 million SLC | +4.1% |
| 2000 | 73,229 million SLC | +5.0% |
| 2001 | 74,420 million SLC | +1.6% |
| 2002 | 71,346 million SLC | -4.1% |
| 2003 | 71,252 million SLC | -0.1% |
| 2004 | 77,686 million SLC | +9.0% |
| 2005 | 82,143 million SLC | +5.7% |
| 2006 | 83,708 million SLC | +1.9% |
| 2007 | 89,804 million SLC | +7.3% |
| 2008 | 91,516 million SLC | +1.9% |
| 2009 | 85,038 million SLC | -7.1% |
| 2010 | 84,948 million SLC | -0.1% |
| 2011 | 89,569 million SLC | +5.4% |
| 2012 | 90,224 million SLC | +0.7% |
| 2013 | 88,248 million SLC | -2.2% |
| 2014 | 93,316 million SLC | +5.7% |
| 2015 | 96,230 million SLC | +3.1% |
| 2016 | 100,359 million SLC | +4.3% |
| 2017 | 101,596 million SLC | +1.2% |
| 2018 | 104,649 million SLC | +3.0% |
| 2019 | 109,285 million SLC | +4.4% |
| 2020 | 103,715 million SLC | -5.1% |
| 2021 | 108,195 million SLC | +4.3% |
| 2022 | 110,054 million SLC | +1.7% |
| 2023 | 113,950 million SLC | +3.5% |
| 2024 | 115,580 million SLC | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 41,827 million SLC | 36,789 million SLC | 45,674 million SLC | 10 |
| 1980s | 44,696 million SLC | 38,398 million SLC | 57,441 million SLC | 10 |
| 1990s | 62,524 million SLC | 58,853 million SLC | 69,762 million SLC | 10 |
| 2000s | 80,014 million SLC | 71,252 million SLC | 91,516 million SLC | 10 |
| 2010s | 95,842 million SLC | 84,948 million SLC | 109,285 million SLC | 10 |
| 2020s | 110,299 million SLC | 103,715 million SLC | 115,580 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)
- GDP (current US$), annual growth rate 8.12 % change on previous year (2025)
- GDP (current US$), per capita 60,750 current US$ per person (2025)
- GDP (current LCU), annual growth rate 3.57 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 0.885 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 53,762 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 0.9832 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7431 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 45,146 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Belgium?
- Gross fixed capital formation — value standard local currency, 2015 in Belgium was 115,580 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Belgium?
- The highest recorded value was 115,580 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Belgium?
- The lowest recorded value was 36,789 million SLC in 1971.
- How does Belgium rank for gross fixed capital formation — value standard local currency, 2015?
- Belgium ranks 97th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Belgium?
- Over the last ten years it is up 23.9%. 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 Fixed Capital Formation — 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).