Gross value added at basic prices (GVA) in Belgium
Belgium: Gross value added at basic prices (GVA) was 484.22 billion constant 2015 US$ in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Belgium, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Belgium recorded 484.22 billion constant 2015 US$ for gross value added at basic prices (gva) in 2025. That is the highest value across all 56 years on record.
Compared with earlier readings it is up 0.9% on the previous year and up 17.1% over ten years.
Over the whole period, gross value added at basic prices (gva) in Belgium peaked at 484.22 billion constant 2015 US$ in 2025 and was at its lowest, 163.51 billion constant 2015 US$, in 1970.
Belgium ranks 26th of 192 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 56 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 190.41 billion constant 2015 US$ | 163.51 billion constant 2015 US$ | 211.50 billion constant 2015 US$ | 10 |
| 1980s | 233.53 billion constant 2015 US$ | 220.40 billion constant 2015 US$ | 258.63 billion constant 2015 US$ | 10 |
| 1990s | 285.89 billion constant 2015 US$ | 267.02 billion constant 2015 US$ | 315.33 billion constant 2015 US$ | 10 |
| 2000s | 356.41 billion constant 2015 US$ | 326.64 billion constant 2015 US$ | 385.79 billion constant 2015 US$ | 10 |
| 2010s | 411.84 billion constant 2015 US$ | 389.01 billion constant 2015 US$ | 442.27 billion constant 2015 US$ | 10 |
| 2020s | 463.00 billion constant 2015 US$ | 423.68 billion constant 2015 US$ | 484.22 billion constant 2015 US$ | 6 |
Countries ranked near Belgium
- 23 Argentina 504.23 billion constant 2015 US$ compare
- 24 Iran 502.83 billion constant 2015 US$ compare
- 25 Thailand 485.78 billion constant 2015 US$ compare
- 27 Egypt 480.35 billion constant 2015 US$ compare
- 28 Philippines 474.84 billion constant 2015 US$ compare
- 29 United Arab Emirates 457.09 billion constant 2015 US$ compare
More economy & growth data for Belgium
- External balance on goods and services as a percent of GDP -2.0% (2025)
- Inflation of consumer prices 2.5% (2025)
- GDP per capita 45,146 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 11.2% (2025)
- Gross domestic product (GDP) 539.12 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 45,146 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -10.14 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -10.98 billion current US$ (2024)
- Taxes less subsidies on products 60.55 billion current LCU (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Belgium?
- Gross value added at basic prices (gva) in Belgium was 484.22 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Belgium?
- The highest recorded value was 484.22 billion constant 2015 US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Belgium?
- The lowest recorded value was 163.51 billion constant 2015 US$ in 1970.
- How does Belgium rank for gross value added at basic prices (gva)?
- Belgium ranks 26th out of 192 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Belgium?
- Over the last ten years it is up 17.1%. The long-run trend across the full record is rising.
- Where does this Belgium data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.