Gross Fixed Capital: Value Standard Local … Gross rate annual growth in Belgium
Belgium: Gross Fixed Capital: Value Standard Local … Gross rate annual growth was 2.78 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Belgium, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, annual in Belgium is 2.78 % change on previous year, measured in 2024.
The figure is down 67.1% on the previous year and down 51.4% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, annual in Belgium peaked at 24.44 % change on previous year in 1974 and was at its lowest, -8.93 % change on previous year, in 1981.
That places Belgium 176th out of 230 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital: Value Standard Local … Gross rate annual growth in Belgium, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 6.51 % change on previous year | — |
| 1972 | 8.18 % change on previous year | +25.7% |
| 1973 | 13.9 % change on previous year | +69.9% |
| 1974 | 24.44 % change on previous year | +75.8% |
| 1975 | 9.37 % change on previous year | -61.7% |
| 1976 | 11.27 % change on previous year | +20.3% |
| 1977 | 6.02 % change on previous year | -46.6% |
| 1978 | 7.39 % change on previous year | +22.8% |
| 1979 | 2.1 % change on previous year | -71.6% |
| 1980 | 10.84 % change on previous year | +417.1% |
| 1981 | -8.93 % change on previous year | -182.4% |
| 1982 | 1.87 % change on previous year | -121.0% |
| 1983 | -2.28 % change on previous year | -221.7% |
| 1984 | 6 % change on previous year | -363.2% |
| 1985 | 8.99 % change on previous year | +49.9% |
| 1986 | 3.8 % change on previous year | -57.7% |
| 1987 | 6.5 % change on previous year | +71.0% |
| 1988 | 18.01 % change on previous year | +177.1% |
| 1989 | 17.49 % change on previous year | -2.9% |
| 1990 | 11.35 % change on previous year | -35.1% |
| 1991 | -2.18 % change on previous year | -119.2% |
| 1992 | 3.63 % change on previous year | -266.7% |
| 1993 | -0.6428 % change on previous year | -117.7% |
| 1994 | 2.82 % change on previous year | -538.8% |
| 1995 | 5.86 % change on previous year | +107.6% |
| 1996 | 1.59 % change on previous year | -72.8% |
| 1997 | 7.87 % change on previous year | +393.8% |
| 1998 | 3.5 % change on previous year | -55.6% |
| 1999 | 5.92 % change on previous year | +69.2% |
| 2000 | 7.46 % change on previous year | +26.1% |
| 2001 | 2.57 % change on previous year | -65.6% |
| 2002 | -4.45 % change on previous year | -273.3% |
| 2003 | 1.9 % change on previous year | -142.6% |
| 2004 | 10.51 % change on previous year | +454.3% |
| 2005 | 7.84 % change on previous year | -25.4% |
| 2006 | 5.79 % change on previous year | -26.2% |
| 2007 | 10.23 % change on previous year | +76.7% |
| 2008 | 6.01 % change on previous year | -41.2% |
| 2009 | -7.56 % change on previous year | -225.8% |
| 2010 | 1.64 % change on previous year | -121.6% |
| 2011 | 8.31 % change on previous year | +408.2% |
| 2012 | 2.52 % change on previous year | -69.6% |
| 2013 | -1.21 % change on previous year | -148.1% |
| 2014 | 5.72 % change on previous year | -571.0% |
| 2015 | 3.99 % change on previous year | -30.1% |
| 2016 | 4.74 % change on previous year | +18.6% |
| 2017 | 3.42 % change on previous year | -27.7% |
| 2018 | 4.81 % change on previous year | +40.6% |
| 2019 | 6.41 % change on previous year | +33.1% |
| 2020 | -4.01 % change on previous year | -162.5% |
| 2021 | 8.57 % change on previous year | -314.0% |
| 2022 | 11.08 % change on previous year | +29.3% |
| 2023 | 8.44 % change on previous year | -23.8% |
| 2024 | 2.78 % change on previous year | -67.1% |
Belgium compared with similar countries
- Belgium's 2.78 % change on previous year is below the median for high income countries, which is 3.69 % change on previous year, 75% of the median. (73 countries reporting)
- Belgium's 2.78 % change on previous year is below the median for Europe & Central Asia, which is 3.85 % change on previous year, 72% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.91 % change on previous year | 2.1 % change on previous year | 24.44 % change on previous year | 9 |
| 1980s | 6.23 % change on previous year | -8.93 % change on previous year | 18.01 % change on previous year | 10 |
| 1990s | 3.97 % change on previous year | -2.18 % change on previous year | 11.35 % change on previous year | 10 |
| 2000s | 4.03 % change on previous year | -7.56 % change on previous year | 10.51 % change on previous year | 10 |
| 2010s | 4.04 % change on previous year | -1.21 % change on previous year | 8.31 % change on previous year | 10 |
| 2020s | 5.37 % change on previous year | -4.01 % change on previous year | 11.08 % change on previous year | 5 |
Countries ranked near Belgium
- 173 Norway 2.91 % change on previous year compare
- 174 China, Macao SAR 2.9 % change on previous year compare
- 175 Eritrea 2.85 % change on previous year compare
- 177 Niger 2.74 % change on previous year compare
- 178 Cabo Verde 2.73 % change on previous year compare
- 179 Saint Kitts and Nevis 2.66 % change on previous year compare
More economy & growth data for Belgium
- Real gdp growth, annual growth rate -37.51 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 2.78 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0205 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,248 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.12 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.015 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 911.55 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.2 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, annual in Belgium?
- Gross fixed capital formation — value standard local currency, annual in Belgium was 2.78 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, annual recorded in Belgium?
- The highest recorded value was 24.44 % change on previous year in 1974.
- What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Belgium?
- The lowest recorded value was -8.93 % change on previous year in 1981.
- How does Belgium rank for gross fixed capital formation — value standard local currency, annual?
- Belgium ranks 176th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual rising or falling in Belgium?
- Over the last ten years it is down 51.4%. 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 Fixed Capital Formation — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.