Gross Fixed Capital Formation — Value US$ in Belgium
Belgium: Gross Fixed Capital Formation — Value US$ was 162,358 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Belgium, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Belgium recorded 162,358 million USD for gross fixed capital formation — value us$ in 2024. That is the highest value across all 55 years on record.
That represents a change of up 2.9% on the previous year and up 32.1% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Belgium peaked at 162,358 million USD in 2024 and was at its lowest, 7,190 million USD, in 1970.
That places Belgium 26th out of 235 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$ in Belgium, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 7,190 million USD | — |
| 1971 | 7,805 million USD | +8.6% |
| 1972 | 9,411 million USD | +20.6% |
| 1973 | 12,105 million USD | +28.6% |
| 1974 | 15,073 million USD | +24.5% |
| 1975 | 17,459 million USD | +15.8% |
| 1976 | 18,507 million USD | +6.0% |
| 1977 | 21,133 million USD | +14.2% |
| 1978 | 25,830 million USD | +22.2% |
| 1979 | 28,326 million USD | +9.7% |
| 1980 | 31,480 million USD | +11.1% |
| 1981 | 22,578 million USD | -28.3% |
| 1982 | 18,691 million USD | -17.2% |
| 1983 | 16,321 million USD | -12.7% |
| 1984 | 15,308 million USD | -6.2% |
| 1985 | 16,237 million USD | +6.1% |
| 1986 | 22,402 million USD | +38.0% |
| 1987 | 28,548 million USD | +27.4% |
| 1988 | 34,207 million USD | +19.8% |
| 1989 | 37,502 million USD | +9.6% |
| 1990 | 49,239 million USD | +31.3% |
| 1991 | 47,136 million USD | -4.3% |
| 1992 | 51,885 million USD | +10.1% |
| 1993 | 47,905 million USD | -7.7% |
| 1994 | 50,934 million USD | +6.3% |
| 1995 | 61,190 million USD | +20.1% |
| 1996 | 59,190 million USD | -3.3% |
| 1997 | 55,259 million USD | -6.6% |
| 1998 | 56,365 million USD | +2.0% |
| 1999 | 57,254 million USD | +1.6% |
| 2000 | 53,320 million USD | -6.9% |
| 2001 | 53,032 million USD | -0.5% |
| 2002 | 53,499 million USD | +0.9% |
| 2003 | 65,212 million USD | +21.9% |
| 2004 | 79,248 million USD | +21.5% |
| 2005 | 85,474 million USD | +7.9% |
| 2006 | 91,258 million USD | +6.8% |
| 2007 | 109,796 million USD | +20.3% |
| 2008 | 124,912 million USD | +13.8% |
| 2009 | 109,499 million USD | -12.3% |
| 2010 | 105,779 million USD | -3.4% |
| 2011 | 120,297 million USD | +13.7% |
| 2012 | 113,838 million USD | -5.4% |
| 2013 | 116,249 million USD | +2.1% |
| 2014 | 122,930 million USD | +5.7% |
| 2015 | 106,768 million USD | -13.1% |
| 2016 | 111,563 million USD | +4.5% |
| 2017 | 117,756 million USD | +5.6% |
| 2018 | 129,027 million USD | +9.6% |
| 2019 | 130,145 million USD | +0.9% |
| 2020 | 127,466 million USD | -2.1% |
| 2021 | 143,304 million USD | +12.4% |
| 2022 | 141,727 million USD | -1.1% |
| 2023 | 157,807 million USD | +11.3% |
| 2024 | 162,358 million USD | +2.9% |
Belgium compared with similar countries
- Belgium's 162,358 million USD is above the median for high income countries, which is 20,129 million USD, 8.1× the median. (73 countries reporting)
- Belgium's 162,358 million USD is above the median for Europe & Central Asia, which is 26,071 million USD, 6.2× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16,284 million USD | 7,190 million USD | 28,326 million USD | 10 |
| 1980s | 24,327 million USD | 15,308 million USD | 37,502 million USD | 10 |
| 1990s | 53,636 million USD | 47,136 million USD | 61,190 million USD | 10 |
| 2000s | 82,525 million USD | 53,032 million USD | 124,912 million USD | 10 |
| 2010s | 117,435 million USD | 105,779 million USD | 130,145 million USD | 10 |
| 2020s | 146,532 million USD | 127,466 million USD | 162,358 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -19.31 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0266 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -1,617 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -28.79 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 30.39 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0397 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -2,411 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 33.22 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Belgium?
- Gross fixed capital formation — value us$ in Belgium was 162,358 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Belgium?
- The highest recorded value was 162,358 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$ recorded in Belgium?
- The lowest recorded value was 7,190 million USD in 1970.
- How does Belgium rank for gross fixed capital formation — value us$?
- Belgium ranks 26th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Belgium?
- Over the last ten years it is up 32.1%. 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 US$. Statizoid updates them automatically from the source API.
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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).