Gross Fixed Capital Formation — Value Standard Local Currency in Belgium
Belgium: Gross Fixed Capital Formation — Value Standard Local Currency was 150,001 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Belgium, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Belgium recorded 150,001 million SLC for gross fixed capital formation — value standard local currency in 2024. That is the highest value across all 55 years on record.
That represents a change of up 2.8% on the previous year and up 62.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Belgium peaked at 150,001 million SLC in 2024 and was at its lowest, 8,912 million SLC, in 1970.
Belgium ranks 119th of 230 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency in Belgium, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 8,912 million SLC | — |
| 1971 | 9,492 million SLC | +6.5% |
| 1972 | 10,269 million SLC | +8.2% |
| 1973 | 11,696 million SLC | +13.9% |
| 1974 | 14,554 million SLC | +24.4% |
| 1975 | 15,918 million SLC | +9.4% |
| 1976 | 17,711 million SLC | +11.3% |
| 1977 | 18,777 million SLC | +6.0% |
| 1978 | 20,165 million SLC | +7.4% |
| 1979 | 20,587 million SLC | +2.1% |
| 1980 | 22,819 million SLC | +10.8% |
| 1981 | 20,781 million SLC | -8.9% |
| 1982 | 21,170 million SLC | +1.9% |
| 1983 | 20,687 million SLC | -2.3% |
| 1984 | 21,928 million SLC | +6.0% |
| 1985 | 23,900 million SLC | +9.0% |
| 1986 | 24,808 million SLC | +3.8% |
| 1987 | 26,420 million SLC | +6.5% |
| 1988 | 31,178 million SLC | +18.0% |
| 1989 | 36,632 million SLC | +17.5% |
| 1990 | 40,790 million SLC | +11.3% |
| 1991 | 39,901 million SLC | -2.2% |
| 1992 | 41,350 million SLC | +3.6% |
| 1993 | 41,084 million SLC | -0.6% |
| 1994 | 42,243 million SLC | +2.8% |
| 1995 | 44,717 million SLC | +5.9% |
| 1996 | 45,430 million SLC | +1.6% |
| 1997 | 49,005 million SLC | +7.9% |
| 1998 | 50,719 million SLC | +3.5% |
| 1999 | 53,720 million SLC | +5.9% |
| 2000 | 57,730 million SLC | +7.5% |
| 2001 | 59,212 million SLC | +2.6% |
| 2002 | 56,578 million SLC | -4.4% |
| 2003 | 57,651 million SLC | +1.9% |
| 2004 | 63,709 million SLC | +10.5% |
| 2005 | 68,704 million SLC | +7.8% |
| 2006 | 72,681 million SLC | +5.8% |
| 2007 | 80,115 million SLC | +10.2% |
| 2008 | 84,931 million SLC | +6.0% |
| 2009 | 78,506 million SLC | -7.6% |
| 2010 | 79,790 million SLC | +1.6% |
| 2011 | 86,423 million SLC | +8.3% |
| 2012 | 88,604 million SLC | +2.5% |
| 2013 | 87,529 million SLC | -1.2% |
| 2014 | 92,533 million SLC | +5.7% |
| 2015 | 96,230 million SLC | +4.0% |
| 2016 | 100,788 million SLC | +4.7% |
| 2017 | 104,238 million SLC | +3.4% |
| 2018 | 109,256 million SLC | +4.8% |
| 2019 | 116,255 million SLC | +6.4% |
| 2020 | 111,598 million SLC | -4.0% |
| 2021 | 121,163 million SLC | +8.6% |
| 2022 | 134,587 million SLC | +11.1% |
| 2023 | 145,946 million SLC | +8.4% |
| 2024 | 150,001 million SLC | +2.8% |
Belgium compared with similar countries
- Belgium's 150,001 million SLC is above the median for high income countries, which is 36,467 million SLC, 4.1× the median. (73 countries reporting)
- Belgium's 150,001 million SLC is above the median for Europe & Central Asia, which is 116,713 million SLC, 1.3× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14,808 million SLC | 8,912 million SLC | 20,587 million SLC | 10 |
| 1980s | 25,032 million SLC | 20,687 million SLC | 36,632 million SLC | 10 |
| 1990s | 44,896 million SLC | 39,901 million SLC | 53,720 million SLC | 10 |
| 2000s | 67,982 million SLC | 56,578 million SLC | 84,931 million SLC | 10 |
| 2010s | 96,165 million SLC | 79,790 million SLC | 116,255 million SLC | 10 |
| 2020s | 132,659 million SLC | 111,598 million SLC | 150,001 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0089 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Belgium?
- Gross fixed capital formation — value standard local currency in Belgium was 150,001 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 recorded in Belgium?
- The highest recorded value was 150,001 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Belgium?
- The lowest recorded value was 8,912 million SLC in 1970.
- How does Belgium rank for gross fixed capital formation — value standard local currency?
- Belgium ranks 119th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Belgium?
- Over the last ten years it is up 62.1%. The long-run trend across the full record is volatile.
- 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. 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).