Gross value added at basic prices by NUTS 3 region in Belgium
Belgium: Gross value added at basic prices by NUTS 3 region was 561,430 Current prices, million euro in 2024. ▲ Rising
Latest (2024)
561,430 Current prices, million euro
Change on year
up 3.0%
World rank
11th
of 46 countries
All-time high
561,430 Current prices, million euro
in 2024
All-time low
228,625 Current prices, million euro
in 2000
Years of data
25
2000–2024
Gross value added at basic prices by NUTS 3 region in Belgium, 2000–2024
Source: Eurostat. Measured in Current prices, million euro.
Analysis
The most recent figure for gross value added at basic prices by nuts 3 region in Belgium is 561,430 Current prices, million euro, measured in 2024. That is the highest value across all 25 years on record.
The figure is up 3.0% on the previous year and up 54.7% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in Belgium peaked at 561,430 Current prices, million euro in 2024 and was at its lowest, 228,625 Current prices, million euro, in 2000.
That places Belgium 11th out of 46 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Gross value added at basic prices by NUTS 3 region in Belgium, year by year
| Year | Current prices, million euro | Change |
|---|---|---|
| 2000 | 228,625 Current prices, million euro | — |
| 2001 | 236,804 Current prices, million euro | +3.6% |
| 2002 | 244,561 Current prices, million euro | +3.3% |
| 2003 | 251,866 Current prices, million euro | +3.0% |
| 2004 | 264,845 Current prices, million euro | +5.2% |
| 2005 | 276,829 Current prices, million euro | +4.5% |
| 2006 | 290,023 Current prices, million euro | +4.8% |
| 2007 | 306,589 Current prices, million euro | +5.7% |
| 2008 | 313,984 Current prices, million euro | +2.4% |
| 2009 | 311,074 Current prices, million euro | -0.9% |
| 2010 | 324,827 Current prices, million euro | +4.4% |
| 2011 | 339,303 Current prices, million euro | +4.5% |
| 2012 | 347,256 Current prices, million euro | +2.3% |
| 2013 | 353,107 Current prices, million euro | +1.7% |
| 2014 | 362,940 Current prices, million euro | +2.8% |
| 2015 | 372,549 Current prices, million euro | +2.6% |
| 2016 | 382,875 Current prices, million euro | +2.8% |
| 2017 | 395,972 Current prices, million euro | +3.4% |
| 2018 | 410,351 Current prices, million euro | +3.6% |
| 2019 | 429,083 Current prices, million euro | +4.6% |
| 2020 | 417,995 Current prices, million euro | -2.6% |
| 2021 | 452,407 Current prices, million euro | +8.2% |
| 2022 | 505,988 Current prices, million euro | +11.8% |
| 2023 | 545,134 Current prices, million euro | +7.7% |
| 2024 | 561,430 Current prices, million euro | +3.0% |
Belgium compared with similar countries
- Belgium's 561,430 Current prices, million euro is above the median for Europe & Central Asia, which is 246,571 Current prices, million euro, 2.3× the median. (32 countries reporting)
- Belgium's 561,430 Current prices, million euro is above the median for high income countries, which is 292,822 Current prices, million euro, 1.9× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 272,520 Current prices, million euro | 228,625 Current prices, million euro | 313,984 Current prices, million euro | 10 |
| 2010s | 371,826 Current prices, million euro | 324,827 Current prices, million euro | 429,083 Current prices, million euro | 10 |
| 2020s | 496,591 Current prices, million euro | 417,995 Current prices, million euro | 561,430 Current prices, million euro | 5 |
Countries ranked near Belgium
- 8 Switzerland 766,372 Current prices, million euro compare
- 9 Poland 754,613 Current prices, million euro compare
- 9 Poland 754,613 Current prices, million euro compare
- 12 Ireland 535,877 Current prices, million euro compare
- 13 Sweden 500,331 Current prices, million euro compare
- 14 Austria 443,547 Current prices, million euro compare
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 value added at basic prices by nuts 3 region in Belgium?
- Gross value added at basic prices by nuts 3 region in Belgium was 561,430 Current prices, million euro in 2024, according to Eurostat.
- What is the highest gross value added at basic prices by nuts 3 region recorded in Belgium?
- The highest recorded value was 561,430 Current prices, million euro in 2024.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in Belgium?
- The lowest recorded value was 228,625 Current prices, million euro in 2000.
- How does Belgium rank for gross value added at basic prices by nuts 3 region?
- Belgium ranks 11th out of 46 countries with data for 2024.
- Is gross value added at basic prices by nuts 3 region rising or falling in Belgium?
- Over the last ten years it is up 54.7%. The long-run trend across the full record is rising.
- Where does this Belgium data come from?
- The figures come from Eurostat, published as part of Gross value added at basic prices by NUTS 3 region. Statizoid updates them automatically from the source API.
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