Gross value added at basic prices (GVA) (constant) … unit GDP constant in Belgium
Belgium: Gross value added at basic prices (GVA) (constant) … unit GDP constant was 0.6585 constant LCU per US$ of GDP in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (constant LCU), per unit of in Belgium, 1970–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Belgium recorded 0.6585 constant LCU per US$ of GDP for gross value added at basic prices (gva) (constant lcu), per unit of in 2025. That is the lowest value across all 56 years on record.
That represents a change of down 6.7% on the previous year and down 25.6% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant lcu), per unit of in Belgium peaked at 6.04 constant LCU per US$ of GDP in 1970 and was at its lowest, 0.6585 constant LCU per US$ of GDP, in 2025.
Belgium ranks 165th of 196 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (constant) … unit GDP constant in Belgium, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 6.04 constant LCU per US$ of GDP | — |
| 1971 | 5.62 constant LCU per US$ of GDP | -7.0% |
| 1972 | 4.73 constant LCU per US$ of GDP | -15.8% |
| 1973 | 3.89 constant LCU per US$ of GDP | -17.7% |
| 1974 | 3.46 constant LCU per US$ of GDP | -11.0% |
| 1975 | 2.84 constant LCU per US$ of GDP | -18.1% |
| 1976 | 2.77 constant LCU per US$ of GDP | -2.4% |
| 1977 | 2.39 constant LCU per US$ of GDP | -13.7% |
| 1978 | 2.01 constant LCU per US$ of GDP | -15.8% |
| 1979 | 1.79 constant LCU per US$ of GDP | -10.9% |
| 1980 | 1.72 constant LCU per US$ of GDP | -4.2% |
| 1981 | 2.08 constant LCU per US$ of GDP | +20.8% |
| 1982 | 2.38 constant LCU per US$ of GDP | +14.6% |
| 1983 | 2.52 constant LCU per US$ of GDP | +6.1% |
| 1984 | 2.71 constant LCU per US$ of GDP | +7.5% |
| 1985 | 2.67 constant LCU per US$ of GDP | -1.8% |
| 1986 | 1.95 constant LCU per US$ of GDP | -27.0% |
| 1987 | 1.58 constant LCU per US$ of GDP | -18.6% |
| 1988 | 1.52 constant LCU per US$ of GDP | -3.7% |
| 1989 | 1.55 constant LCU per US$ of GDP | +1.9% |
| 1990 | 1.28 constant LCU per US$ of GDP | -17.4% |
| 1991 | 1.27 constant LCU per US$ of GDP | -0.6% |
| 1992 | 1.16 constant LCU per US$ of GDP | -9.4% |
| 1993 | 1.19 constant LCU per US$ of GDP | +2.9% |
| 1994 | 1.12 constant LCU per US$ of GDP | -5.6% |
| 1995 | 0.9811 constant LCU per US$ of GDP | -12.6% |
| 1996 | 1.02 constant LCU per US$ of GDP | +4.1% |
| 1997 | 1.17 constant LCU per US$ of GDP | +14.5% |
| 1998 | 1.16 constant LCU per US$ of GDP | -0.4% |
| 1999 | 1.2 constant LCU per US$ of GDP | +3.4% |
| 2000 | 1.36 constant LCU per US$ of GDP | +13.0% |
| 2001 | 1.38 constant LCU per US$ of GDP | +1.5% |
| 2002 | 1.29 constant LCU per US$ of GDP | -6.9% |
| 2003 | 1.06 constant LCU per US$ of GDP | -17.9% |
| 2004 | 0.9395 constant LCU per US$ of GDP | -11.1% |
| 2005 | 0.9213 constant LCU per US$ of GDP | -1.9% |
| 2006 | 0.8917 constant LCU per US$ of GDP | -3.2% |
| 2007 | 0.8019 constant LCU per US$ of GDP | -10.1% |
| 2008 | 0.7357 constant LCU per US$ of GDP | -8.3% |
| 2009 | 0.7703 constant LCU per US$ of GDP | +4.7% |
| 2010 | 0.797 constant LCU per US$ of GDP | +3.5% |
| 2011 | 0.7444 constant LCU per US$ of GDP | -6.6% |
| 2012 | 0.789 constant LCU per US$ of GDP | +6.0% |
| 2013 | 0.7521 constant LCU per US$ of GDP | -4.7% |
| 2014 | 0.7465 constant LCU per US$ of GDP | -0.7% |
| 2015 | 0.8845 constant LCU per US$ of GDP | +18.5% |
| 2016 | 0.8673 constant LCU per US$ of GDP | -1.9% |
| 2017 | 0.8329 constant LCU per US$ of GDP | -4.0% |
| 2018 | 0.7836 constant LCU per US$ of GDP | -5.9% |
| 2019 | 0.813 constant LCU per US$ of GDP | +3.7% |
| 2020 | 0.7891 constant LCU per US$ of GDP | -2.9% |
| 2021 | 0.7381 constant LCU per US$ of GDP | -6.5% |
| 2022 | 0.779 constant LCU per US$ of GDP | +5.5% |
| 2023 | 0.7208 constant LCU per US$ of GDP | -7.5% |
| 2024 | 0.7055 constant LCU per US$ of GDP | -2.1% |
| 2025 | 0.6585 constant LCU per US$ of GDP | -6.7% |
Belgium compared with similar countries
- Belgium's 0.6585 constant LCU per US$ of GDP is below the median for high income countries, which is 0.8613 constant LCU per US$ of GDP, 76% of the median. (70 countries reporting)
- Belgium's 0.6585 constant LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.7047 constant LCU per US$ of GDP, 93% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.55 constant LCU per US$ of GDP | 1.79 constant LCU per US$ of GDP | 6.04 constant LCU per US$ of GDP | 10 |
| 1980s | 2.07 constant LCU per US$ of GDP | 1.52 constant LCU per US$ of GDP | 2.71 constant LCU per US$ of GDP | 10 |
| 1990s | 1.16 constant LCU per US$ of GDP | 0.9811 constant LCU per US$ of GDP | 1.28 constant LCU per US$ of GDP | 10 |
| 2000s | 1.01 constant LCU per US$ of GDP | 0.7357 constant LCU per US$ of GDP | 1.38 constant LCU per US$ of GDP | 10 |
| 2010s | 0.801 constant LCU per US$ of GDP | 0.7444 constant LCU per US$ of GDP | 0.8845 constant LCU per US$ of GDP | 10 |
| 2020s | 0.7318 constant LCU per US$ of GDP | 0.6585 constant LCU per US$ of GDP | 0.7891 constant LCU per US$ of GDP | 6 |
Countries ranked near Belgium
- 162 Italy 0.6831 constant LCU per US$ of GDP compare
- 163 Spain 0.6759 constant LCU per US$ of GDP compare
- 164 Finland 0.6709 constant LCU per US$ of GDP compare
- 166 Cyprus 0.6531 constant LCU per US$ of GDP compare
- 167 San Marino 0.6475 constant LCU per US$ of GDP compare
- 168 Germany 0.6459 constant LCU per US$ of GDP 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)
- 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 value added at basic prices (gva) (constant lcu), per unit of in Belgium?
- Gross value added at basic prices (gva) (constant lcu), per unit of in Belgium was 0.6585 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Belgium?
- The highest recorded value was 6.04 constant LCU per US$ of GDP in 1970.
- What is the lowest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Belgium?
- The lowest recorded value was 0.6585 constant LCU per US$ of GDP in 2025.
- How does Belgium rank for gross value added at basic prices (gva) (constant lcu), per unit of?
- Belgium ranks 165th out of 196 countries with data for 2025.
- Is gross value added at basic prices (gva) (constant lcu), per unit of rising or falling in Belgium?
- Over the last ten years it is down 25.6%. The long-run trend across the full record is volatile.
- Where does this Belgium data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant LCU) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.