Gross value added at basic prices (GVA) in Belgium
Belgium: Gross value added at basic prices (GVA) was 581.46 billion current LCU in 2025. ◆ Volatile
Latest (2025)
581.46 billion current LCU
Change on year
up 3.6%
World rank
115th
of 207 countries
All-time high
581.46 billion current LCU
in 2025
All-time low
31.12 billion current LCU
in 1970
Years of data
56
1970–2025
Gross value added at basic prices (GVA) in Belgium, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Belgium is 581.46 billion current LCU, measured in 2025. That is the highest value across all 56 years on record.
The figure is up 3.6% on the previous year and up 56.1% over ten years.
Over the whole period, gross value added at basic prices (gva) in Belgium peaked at 581.46 billion current LCU in 2025 and was at its lowest, 31.12 billion current LCU, in 1970.
That places Belgium 115th out of 207 countries with data for 2025, 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 value added at basic prices (GVA) in Belgium, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 31.12 billion current LCU | — |
| 1971 | 34.02 billion current LCU | +9.3% |
| 1972 | 38.09 billion current LCU | +12.0% |
| 1973 | 43.01 billion current LCU | +12.9% |
| 1974 | 49.88 billion current LCU | +16.0% |
| 1975 | 54.89 billion current LCU | +10.1% |
| 1976 | 61.83 billion current LCU | +12.6% |
| 1977 | 66.77 billion current LCU | +8.0% |
| 1978 | 71.57 billion current LCU | +7.2% |
| 1979 | 76.59 billion current LCU | +7.0% |
| 1980 | 83.50 billion current LCU | +9.0% |
| 1981 | 87.34 billion current LCU | +4.6% |
| 1982 | 94.37 billion current LCU | +8.1% |
| 1983 | 100.05 billion current LCU | +6.0% |
| 1984 | 108.46 billion current LCU | +8.4% |
| 1985 | 115.47 billion current LCU | +6.5% |
| 1986 | 121.19 billion current LCU | +5.0% |
| 1987 | 125.06 billion current LCU | +3.2% |
| 1988 | 133.69 billion current LCU | +6.9% |
| 1989 | 144.28 billion current LCU | +7.9% |
| 1990 | 153.47 billion current LCU | +6.4% |
| 1991 | 161.12 billion current LCU | +5.0% |
| 1992 | 168.94 billion current LCU | +4.9% |
| 1993 | 173.65 billion current LCU | +2.8% |
| 1994 | 182.46 billion current LCU | +5.1% |
| 1995 | 189.74 billion current LCU | +4.0% |
| 1996 | 192.23 billion current LCU | +1.3% |
| 1997 | 200.62 billion current LCU | +4.4% |
| 1998 | 208.11 billion current LCU | +3.7% |
| 1999 | 216.18 billion current LCU | +3.9% |
| 2000 | 228.62 billion current LCU | +5.8% |
| 2001 | 236.80 billion current LCU | +3.6% |
| 2002 | 244.56 billion current LCU | +3.3% |
| 2003 | 251.87 billion current LCU | +3.0% |
| 2004 | 264.85 billion current LCU | +5.2% |
| 2005 | 276.83 billion current LCU | +4.5% |
| 2006 | 290.02 billion current LCU | +4.8% |
| 2007 | 306.59 billion current LCU | +5.7% |
| 2008 | 313.98 billion current LCU | +2.4% |
| 2009 | 311.07 billion current LCU | -0.9% |
| 2010 | 324.83 billion current LCU | +4.4% |
| 2011 | 339.30 billion current LCU | +4.5% |
| 2012 | 347.26 billion current LCU | +2.3% |
| 2013 | 353.11 billion current LCU | +1.7% |
| 2014 | 362.94 billion current LCU | +2.8% |
| 2015 | 372.55 billion current LCU | +2.6% |
| 2016 | 382.88 billion current LCU | +2.8% |
| 2017 | 395.97 billion current LCU | +3.4% |
| 2018 | 410.35 billion current LCU | +3.6% |
| 2019 | 429.08 billion current LCU | +4.6% |
| 2020 | 418.00 billion current LCU | -2.6% |
| 2021 | 452.41 billion current LCU | +8.2% |
| 2022 | 506.06 billion current LCU | +11.9% |
| 2023 | 545.31 billion current LCU | +7.8% |
| 2024 | 561.41 billion current LCU | +3.0% |
| 2025 | 581.46 billion current LCU | +3.6% |
Belgium compared with similar countries
- Belgium's 581.46 billion current LCU is above the median for high income countries, which is 266.17 billion current LCU, 2.2× the median. (77 countries reporting)
- Belgium's 581.46 billion current LCU is above the median for Europe & Central Asia, which is 380.52 billion current LCU, 1.5× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 52.78 billion current LCU | 31.12 billion current LCU | 76.59 billion current LCU | 10 |
| 1980s | 111.34 billion current LCU | 83.50 billion current LCU | 144.28 billion current LCU | 10 |
| 1990s | 184.65 billion current LCU | 153.47 billion current LCU | 216.18 billion current LCU | 10 |
| 2000s | 272.52 billion current LCU | 228.62 billion current LCU | 313.98 billion current LCU | 10 |
| 2010s | 371.83 billion current LCU | 324.83 billion current LCU | 429.08 billion current LCU | 10 |
| 2020s | 510.77 billion current LCU | 418.00 billion current LCU | 581.46 billion current LCU | 6 |
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 value added at basic prices (gva) in Belgium?
- Gross value added at basic prices (gva) in Belgium was 581.46 billion current LCU 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 581.46 billion current LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Belgium?
- The lowest recorded value was 31.12 billion current LCU in 1970.
- How does Belgium rank for gross value added at basic prices (gva)?
- Belgium ranks 115th out of 207 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 56.1%. The long-run trend across the full record is volatile.
- 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) (current LCU). Statizoid updates them automatically from the source API.
Download this data
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.