Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Belgium
Belgium: Gross Fixed Capital Formation — Value US$, 2015 prices was 128,238 million USD in 2024. ▲ Rising
Gross Fixed Capital Formation — Value US$, 2015 prices in Belgium, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices in Belgium stood at 128,238 million USD. 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 us$, 2015 prices in Belgium peaked at 128,238 million USD in 2024 and was at its lowest, 40,818 million USD, in 1971.
That places Belgium 28th out of 235 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices in Belgium, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 41,609 million USD | — |
| 1971 | 40,818 million USD | -1.9% |
| 1972 | 42,204 million USD | +3.4% |
| 1973 | 45,168 million USD | +7.0% |
| 1974 | 48,301 million USD | +6.9% |
| 1975 | 47,400 million USD | -1.9% |
| 1976 | 49,292 million USD | +4.0% |
| 1977 | 49,313 million USD | +0.0% |
| 1978 | 50,676 million USD | +2.8% |
| 1979 | 49,297 million USD | -2.7% |
| 1980 | 55,504 million USD | +12.6% |
| 1981 | 46,868 million USD | -15.6% |
| 1982 | 44,971 million USD | -4.0% |
| 1983 | 42,603 million USD | -5.3% |
| 1984 | 43,556 million USD | +2.2% |
| 1985 | 45,455 million USD | +4.4% |
| 1986 | 46,903 million USD | +3.2% |
| 1987 | 49,205 million USD | +4.9% |
| 1988 | 57,116 million USD | +16.1% |
| 1989 | 63,732 million USD | +11.6% |
| 1990 | 69,180 million USD | +8.5% |
| 1991 | 66,296 million USD | -4.2% |
| 1992 | 66,988 million USD | +1.0% |
| 1993 | 65,298 million USD | -2.5% |
| 1994 | 65,541 million USD | +0.4% |
| 1995 | 67,779 million USD | +3.4% |
| 1996 | 68,154 million USD | +0.6% |
| 1997 | 72,720 million USD | +6.7% |
| 1998 | 74,357 million USD | +2.3% |
| 1999 | 77,402 million USD | +4.1% |
| 2000 | 81,248 million USD | +5.0% |
| 2001 | 82,570 million USD | +1.6% |
| 2002 | 79,159 million USD | -4.1% |
| 2003 | 79,055 million USD | -0.1% |
| 2004 | 86,193 million USD | +9.0% |
| 2005 | 91,139 million USD | +5.7% |
| 2006 | 92,876 million USD | +1.9% |
| 2007 | 99,639 million USD | +7.3% |
| 2008 | 101,539 million USD | +1.9% |
| 2009 | 94,351 million USD | -7.1% |
| 2010 | 94,250 million USD | -0.1% |
| 2011 | 99,378 million USD | +5.4% |
| 2012 | 100,104 million USD | +0.7% |
| 2013 | 97,912 million USD | -2.2% |
| 2014 | 103,535 million USD | +5.7% |
| 2015 | 106,768 million USD | +3.1% |
| 2016 | 111,350 million USD | +4.3% |
| 2017 | 112,722 million USD | +1.2% |
| 2018 | 116,109 million USD | +3.0% |
| 2019 | 121,253 million USD | +4.4% |
| 2020 | 115,073 million USD | -5.1% |
| 2021 | 120,044 million USD | +4.3% |
| 2022 | 122,106 million USD | +1.7% |
| 2023 | 126,429 million USD | +3.5% |
| 2024 | 128,238 million USD | +1.4% |
Belgium compared with similar countries
- Belgium's 128,238 million USD is above the median for high income countries, which is 13,942 million USD, 9.2× the median. (73 countries reporting)
- Belgium's 128,238 million USD is above the median for Europe & Central Asia, which is 18,064 million USD, 7.1× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 46,408 million USD | 40,818 million USD | 50,676 million USD | 10 |
| 1980s | 49,591 million USD | 42,603 million USD | 63,732 million USD | 10 |
| 1990s | 69,372 million USD | 65,298 million USD | 77,402 million USD | 10 |
| 2000s | 88,777 million USD | 79,055 million USD | 101,539 million USD | 10 |
| 2010s | 106,338 million USD | 94,250 million USD | 121,253 million USD | 10 |
| 2020s | 122,378 million USD | 115,073 million USD | 128,238 million USD | 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 us$, 2015 prices in Belgium?
- Gross fixed capital formation — value us$, 2015 prices in Belgium was 128,238 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Belgium?
- The highest recorded value was 128,238 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Belgium?
- The lowest recorded value was 40,818 million USD in 1971.
- How does Belgium rank for gross fixed capital formation — value us$, 2015 prices?
- Belgium ranks 28th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices 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 US$, 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).