Gross value added at basic prices (GVA) in Belgium
Belgium: Gross value added at basic prices (GVA) was 657.04 billion current US$ in 2025. ◆ Volatile
Latest (2025)
657.04 billion current US$
Change on year
up 8.1%
World rank
22nd
of 207 countries
All-time high
657.04 billion current US$
in 2025
All-time low
25.11 billion current US$
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 Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Belgium is 657.04 billion current US$, measured in 2025. That is the highest value across all 56 years on record.
The figure is up 8.1% on the previous year and up 59.0% over ten years.
Over the whole period, gross value added at basic prices (gva) in Belgium peaked at 657.04 billion current US$ in 2025 and was at its lowest, 25.11 billion current US$, in 1970.
Belgium ranks 22nd of 207 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Belgium, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 25.11 billion current US$ | — |
| 1971 | 27.97 billion current US$ | +11.4% |
| 1972 | 34.91 billion current US$ | +24.8% |
| 1973 | 44.51 billion current US$ | +27.5% |
| 1974 | 51.65 billion current US$ | +16.0% |
| 1975 | 60.21 billion current US$ | +16.6% |
| 1976 | 64.61 billion current US$ | +7.3% |
| 1977 | 75.15 billion current US$ | +16.3% |
| 1978 | 91.68 billion current US$ | +22.0% |
| 1979 | 105.38 billion current US$ | +14.9% |
| 1980 | 115.18 billion current US$ | +9.3% |
| 1981 | 94.89 billion current US$ | -17.6% |
| 1982 | 83.32 billion current US$ | -12.2% |
| 1983 | 78.93 billion current US$ | -5.3% |
| 1984 | 75.72 billion current US$ | -4.1% |
| 1985 | 78.45 billion current US$ | +3.6% |
| 1986 | 109.43 billion current US$ | +39.5% |
| 1987 | 135.12 billion current US$ | +23.5% |
| 1988 | 146.67 billion current US$ | +8.5% |
| 1989 | 147.71 billion current US$ | +0.7% |
| 1990 | 185.26 billion current US$ | +25.4% |
| 1991 | 190.33 billion current US$ | +2.7% |
| 1992 | 211.97 billion current US$ | +11.4% |
| 1993 | 202.48 billion current US$ | -4.5% |
| 1994 | 219.99 billion current US$ | +8.6% |
| 1995 | 259.64 billion current US$ | +18.0% |
| 1996 | 250.46 billion current US$ | -3.5% |
| 1997 | 226.22 billion current US$ | -9.7% |
| 1998 | 231.29 billion current US$ | +2.2% |
| 1999 | 230.40 billion current US$ | -0.4% |
| 2000 | 211.16 billion current US$ | -8.3% |
| 2001 | 212.09 billion current US$ | +0.4% |
| 2002 | 231.25 billion current US$ | +9.0% |
| 2003 | 284.90 billion current US$ | +23.2% |
| 2004 | 329.44 billion current US$ | +15.6% |
| 2005 | 344.40 billion current US$ | +4.5% |
| 2006 | 364.15 billion current US$ | +5.7% |
| 2007 | 420.17 billion current US$ | +15.4% |
| 2008 | 461.79 billion current US$ | +9.9% |
| 2009 | 433.88 billion current US$ | -6.0% |
| 2010 | 430.63 billion current US$ | -0.7% |
| 2011 | 472.30 billion current US$ | +9.7% |
| 2012 | 446.15 billion current US$ | -5.5% |
| 2013 | 468.97 billion current US$ | +5.1% |
| 2014 | 482.17 billion current US$ | +2.8% |
| 2015 | 413.35 billion current US$ | -14.3% |
| 2016 | 423.81 billion current US$ | +2.5% |
| 2017 | 447.32 billion current US$ | +5.5% |
| 2018 | 484.61 billion current US$ | +8.3% |
| 2019 | 480.35 billion current US$ | -0.9% |
| 2020 | 477.43 billion current US$ | -0.6% |
| 2021 | 535.08 billion current US$ | +12.1% |
| 2022 | 532.90 billion current US$ | -0.4% |
| 2023 | 589.63 billion current US$ | +10.6% |
| 2024 | 607.66 billion current US$ | +3.1% |
| 2025 | 657.04 billion current US$ | +8.1% |
Belgium compared with similar countries
- Belgium's 657.04 billion current US$ is above the median for high income countries, which is 110.20 billion current US$, 6.0× the median. (77 countries reporting)
- Belgium's 657.04 billion current US$ is above the median for Europe & Central Asia, which is 89.25 billion current US$, 7.4× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 58.12 billion current US$ | 25.11 billion current US$ | 105.38 billion current US$ | 10 |
| 1980s | 106.54 billion current US$ | 75.72 billion current US$ | 147.71 billion current US$ | 10 |
| 1990s | 220.80 billion current US$ | 185.26 billion current US$ | 259.64 billion current US$ | 10 |
| 2000s | 329.32 billion current US$ | 211.16 billion current US$ | 461.79 billion current US$ | 10 |
| 2010s | 454.96 billion current US$ | 413.35 billion current US$ | 484.61 billion current US$ | 10 |
| 2020s | 566.63 billion current US$ | 477.43 billion current US$ | 657.04 billion current US$ | 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$), annual growth rate 33.22 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Belgium?
- Gross value added at basic prices (gva) in Belgium was 657.04 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Belgium?
- The highest recorded value was 657.04 billion current US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Belgium?
- The lowest recorded value was 25.11 billion current US$ in 1970.
- How does Belgium rank for gross value added at basic prices (gva)?
- Belgium ranks 22nd 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 59.0%. 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.