Inflation, consumer prices in Belgium
Belgium: Inflation, consumer prices was 3.14 in 2024. ◆ Volatile
Latest (2024)
3.14
Change on year
down 22.4%
World rank
30th
of 70 countries
All-time high
12.77
in 1975
All-time low
-0.0531
in 2009
Years of data
65
1960–2024
Inflation, consumer prices in Belgium, 1960–2024
Source: UNICEF.
Analysis
In 2024, inflation, consumer prices in Belgium stood at 3.14.
Compared with earlier readings it is down 22.4% on the previous year and up 824.5% over ten years.
Over the whole period, inflation, consumer prices in Belgium peaked at 12.77 in 1975 and was at its lowest, -0.0531, in 2009.
That places Belgium 30th out of 70 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, consumer prices in Belgium, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0.2995 | — |
| 1961 | 0.9927 | +231.5% |
| 1962 | 1.4 | +41.5% |
| 1963 | 2.15 | +52.9% |
| 1964 | 4.17 | +94.1% |
| 1965 | 4.07 | -2.5% |
| 1966 | 4.17 | +2.7% |
| 1967 | 2.73 | -34.6% |
| 1968 | 2.7 | -1.1% |
| 1969 | 3.75 | +39.0% |
| 1970 | 3.91 | +4.1% |
| 1971 | 4.34 | +11.1% |
| 1972 | 5.45 | +25.4% |
| 1973 | 6.96 | +27.7% |
| 1974 | 12.68 | +82.3% |
| 1975 | 12.77 | +0.7% |
| 1976 | 9.07 | -29.0% |
| 1977 | 7.1 | -21.8% |
| 1978 | 4.47 | -37.0% |
| 1979 | 4.47 | -0.0% |
| 1980 | 6.65 | +48.8% |
| 1981 | 7.63 | +14.7% |
| 1982 | 8.73 | +14.4% |
| 1983 | 7.66 | -12.2% |
| 1984 | 6.34 | -17.2% |
| 1985 | 4.87 | -23.2% |
| 1986 | 1.29 | -73.4% |
| 1987 | 1.55 | +20.0% |
| 1988 | 1.16 | -25.3% |
| 1989 | 3.11 | +167.6% |
| 1990 | 3.45 | +11.0% |
| 1991 | 3.22 | -6.8% |
| 1992 | 2.43 | -24.5% |
| 1993 | 2.75 | +13.4% |
| 1994 | 2.38 | -13.7% |
| 1995 | 1.47 | -38.3% |
| 1996 | 2.08 | +41.5% |
| 1997 | 1.63 | -21.6% |
| 1998 | 0.9493 | -41.7% |
| 1999 | 1.12 | +18.1% |
| 2000 | 2.54 | +127.0% |
| 2001 | 2.47 | -3.0% |
| 2002 | 1.65 | -33.4% |
| 2003 | 1.59 | -3.4% |
| 2004 | 2.1 | +32.0% |
| 2005 | 2.78 | +32.6% |
| 2006 | 1.79 | -35.6% |
| 2007 | 1.82 | +1.8% |
| 2008 | 4.49 | +146.3% |
| 2009 | -0.0531 | -101.2% |
| 2010 | 2.19 | -4219.4% |
| 2011 | 3.53 | +61.3% |
| 2012 | 2.84 | -19.6% |
| 2013 | 1.11 | -60.8% |
| 2014 | 0.34 | -69.5% |
| 2015 | 0.5614 | +65.1% |
| 2016 | 1.97 | +251.6% |
| 2017 | 2.13 | +7.7% |
| 2018 | 2.05 | -3.4% |
| 2019 | 1.44 | -30.0% |
| 2020 | 0.7408 | -48.4% |
| 2021 | 2.44 | +229.4% |
| 2022 | 9.6 | +293.3% |
| 2023 | 4.05 | -57.8% |
| 2024 | 3.14 | -22.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.64 | 0.2995 | 4.17 | 10 |
| 1970s | 7.12 | 3.91 | 12.77 | 10 |
| 1980s | 4.9 | 1.16 | 8.73 | 10 |
| 1990s | 2.15 | 0.9493 | 3.45 | 10 |
| 2000s | 2.12 | -0.0531 | 4.49 | 10 |
| 2010s | 1.82 | 0.34 | 3.53 | 10 |
| 2020s | 3.99 | 0.7408 | 9.6 | 5 |
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)
- GNI (current LCU), annual growth rate 3.13 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 0.8961 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 54,441 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -5.76 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual -5.86 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 8.06 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0943 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 5,730 current US$ per person (2025)
Frequently asked questions
- What is inflation, consumer prices in Belgium?
- Inflation, consumer prices in Belgium was 3.14 in 2024, according to UNICEF.
- What is the highest inflation, consumer prices recorded in Belgium?
- The highest recorded value was 12.77 in 1975.
- What is the lowest inflation, consumer prices recorded in Belgium?
- The lowest recorded value was -0.0531 in 2009.
- How does Belgium rank for inflation, consumer prices?
- Belgium ranks 30th out of 70 countries with data for 2024.
- Is inflation, consumer prices rising or falling in Belgium?
- Over the last ten years it is up 824.5%. The long-run trend across the full record is volatile.
- Where does this Belgium data come from?
- The figures come from UNICEF, published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
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