Gross National Income — Value Standard Local Currency in Belgium
Belgium: Gross National Income — Value Standard Local Currency was 604,431 million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Belgium, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Belgium recorded 604,431 million SLC for gross national income — value standard local currency in 2023. That is the highest value across all 54 years on record.
The figure is up 7.4% on the previous year and up 50.1% over ten years.
Over the whole period, gross national income — value standard local currency in Belgium peaked at 604,431 million SLC in 2023 and was at its lowest, 33,578 million SLC, in 1970.
That places Belgium 106th out of 202 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency in Belgium, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 33,578 million SLC | — |
| 1971 | 36,739 million SLC | +9.4% |
| 1972 | 41,140 million SLC | +12.0% |
| 1973 | 46,668 million SLC | +13.4% |
| 1974 | 54,730 million SLC | +17.3% |
| 1975 | 60,563 million SLC | +10.7% |
| 1976 | 68,854 million SLC | +13.7% |
| 1977 | 74,263 million SLC | +7.9% |
| 1978 | 79,660 million SLC | +7.3% |
| 1979 | 84,805 million SLC | +6.5% |
| 1980 | 91,988 million SLC | +8.5% |
| 1981 | 96,523 million SLC | +4.9% |
| 1982 | 103,956 million SLC | +7.7% |
| 1983 | 110,076 million SLC | +5.9% |
| 1984 | 119,181 million SLC | +8.3% |
| 1985 | 127,131 million SLC | +6.7% |
| 1986 | 133,181 million SLC | +4.8% |
| 1987 | 138,975 million SLC | +4.4% |
| 1988 | 148,670 million SLC | +7.0% |
| 1989 | 160,722 million SLC | +8.1% |
| 1990 | 170,634 million SLC | +6.2% |
| 1991 | 179,439 million SLC | +5.2% |
| 1992 | 188,378 million SLC | +5.0% |
| 1993 | 195,925 million SLC | +4.0% |
| 1994 | 208,082 million SLC | +6.2% |
| 1995 | 215,111 million SLC | +3.4% |
| 1996 | 219,271 million SLC | +1.9% |
| 1997 | 229,555 million SLC | +4.7% |
| 1998 | 238,273 million SLC | +3.8% |
| 1999 | 247,952 million SLC | +4.1% |
| 2000 | 262,984 million SLC | +6.1% |
| 2001 | 269,280 million SLC | +2.4% |
| 2002 | 277,978 million SLC | +3.2% |
| 2003 | 286,570 million SLC | +3.1% |
| 2004 | 300,941 million SLC | +5.0% |
| 2005 | 313,911 million SLC | +4.3% |
| 2006 | 329,828 million SLC | +5.1% |
| 2007 | 348,399 million SLC | +5.6% |
| 2008 | 360,298 million SLC | +3.4% |
| 2009 | 352,916 million SLC | -2.0% |
| 2010 | 368,714 million SLC | +4.5% |
| 2011 | 376,569 million SLC | +2.1% |
| 2012 | 395,136 million SLC | +4.9% |
| 2013 | 402,559 million SLC | +1.9% |
| 2014 | 411,459 million SLC | +2.2% |
| 2015 | 422,599 million SLC | +2.7% |
| 2016 | 434,211 million SLC | +2.7% |
| 2017 | 449,130 million SLC | +3.4% |
| 2018 | 464,123 million SLC | +3.3% |
| 2019 | 483,307 million SLC | +4.1% |
| 2020 | 465,482 million SLC | -3.7% |
| 2021 | 513,336 million SLC | +10.3% |
| 2022 | 562,604 million SLC | +9.6% |
| 2023 | 604,431 million SLC | +7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 58,100 million SLC | 33,578 million SLC | 84,805 million SLC | 10 |
| 1980s | 123,040 million SLC | 91,988 million SLC | 160,722 million SLC | 10 |
| 1990s | 209,262 million SLC | 170,634 million SLC | 247,952 million SLC | 10 |
| 2000s | 310,310 million SLC | 262,984 million SLC | 360,298 million SLC | 10 |
| 2010s | 420,781 million SLC | 368,714 million SLC | 483,307 million SLC | 10 |
| 2020s | 536,463 million SLC | 465,482 million SLC | 604,431 million SLC | 4 |
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)
- Industry (including construction), value added (constant 2015 US$) 1.04 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1316 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 7,994 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 1.04 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.132 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 8,020 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 8.43 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.7123 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross national income — value standard local currency in Belgium?
- Gross national income — value standard local currency in Belgium was 604,431 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Belgium?
- The highest recorded value was 604,431 million SLC in 2023.
- What is the lowest gross national income — value standard local currency recorded in Belgium?
- The lowest recorded value was 33,578 million SLC in 1970.
- How does Belgium rank for gross national income — value standard local currency?
- Belgium ranks 106th out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Belgium?
- Over the last ten years it is up 50.1%. 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 National Income — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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).