Purchasing power: based on COICOP 1999 in Belgium
Belgium: Purchasing power: based on COICOP 1999 was 1.12 in 2024. ▬ Flat
Latest (2024)
1.12
Change on year
down 0.6%
World rank
28th
of 51 countries
All-time high
1.13
in 2019
All-time low
1.07
in 2002
Years of data
30
1995–2024
Purchasing power parities, price level indices, nominal and real in Belgium, 1995–2024
Source: Eurostat.
Analysis
Belgium recorded 1.12 for purchasing power parities, price level indices, nominal and real in 2024.
The figure is down 0.6% on the previous year and up 0.5% over ten years.
Over the whole period, purchasing power parities, price level indices, nominal and real in Belgium peaked at 1.13 in 2019 and was at its lowest, 1.07, in 2002.
That places Belgium 28th out of 51 countries with data for 2024, putting it in the middle of the range.
Purchasing power: based on COICOP 1999 in Belgium, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 1.1 | — |
| 1996 | 1.09 | -0.9% |
| 1997 | 1.11 | +1.3% |
| 1998 | 1.12 | +1.4% |
| 1999 | 1.11 | -0.9% |
| 2000 | 1.08 | -2.8% |
| 2001 | 1.08 | -0.5% |
| 2002 | 1.07 | -1.2% |
| 2003 | 1.07 | +0.2% |
| 2004 | 1.09 | +1.9% |
| 2005 | 1.09 | +0.1% |
| 2006 | 1.1 | +1.0% |
| 2007 | 1.11 | +1.2% |
| 2008 | 1.12 | +0.4% |
| 2009 | 1.13 | +0.8% |
| 2010 | 1.11 | -1.8% |
| 2011 | 1.12 | +1.0% |
| 2012 | 1.11 | -0.3% |
| 2013 | 1.12 | +0.3% |
| 2014 | 1.12 | -0.0% |
| 2015 | 1.11 | -0.3% |
| 2016 | 1.12 | +1.1% |
| 2017 | 1.13 | +0.4% |
| 2018 | 1.13 | +0.1% |
| 2019 | 1.13 | +0.1% |
| 2020 | 1.12 | -0.9% |
| 2021 | 1.13 | +0.7% |
| 2022 | 1.13 | +0.1% |
| 2023 | 1.13 | -0.1% |
| 2024 | 1.12 | -0.6% |
Belgium compared with similar countries
- Belgium's 1.12 is below the median for Europe & Central Asia, which is 1.15, 97% of the median. (35 countries reporting)
- Belgium's 1.12 is below the median for high income countries, which is 1.15, 98% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.11 | 1.09 | 1.12 | 5 |
| 2000s | 1.09 | 1.07 | 1.13 | 10 |
| 2010s | 1.12 | 1.11 | 1.13 | 10 |
| 2020s | 1.13 | 1.12 | 1.13 | 5 |
Countries ranked near Belgium
- 26 Bosnia and Herzegovina 1.15 compare
- 27 Austria 1.15 compare
- 29 Germany 1.12 compare
- 30 France 1.09 compare
- 31 United Kingdom 1.06 compare
- 31 United Kingdom 1.06 compare
More economy & growth data for Belgium
- Real gdp growth, annual growth rate -37.51 % change on previous year (2024)
- 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)
Frequently asked questions
- What is purchasing power parities, price level indices, nominal and real in Belgium?
- Purchasing power parities, price level indices, nominal and real in Belgium was 1.12 in 2024, according to Eurostat.
- What is the highest purchasing power parities, price level indices, nominal and real recorded in Belgium?
- The highest recorded value was 1.13 in 2019.
- What is the lowest purchasing power parities, price level indices, nominal and real recorded in Belgium?
- The lowest recorded value was 1.07 in 2002.
- How does Belgium rank for purchasing power parities, price level indices, nominal and real?
- Belgium ranks 28th out of 51 countries with data for 2024.
- Is purchasing power parities, price level indices, nominal and real rising or falling in Belgium?
- Over the last ten years it is up 0.5%. The long-run trend across the full record is flat.
- Where does this Belgium data come from?
- The figures come from Eurostat, published as part of Purchasing power parities, price level indices, nominal and real expenditures by analytical categories - based on COICOP 1999. Statizoid updates them automatically from the source API.
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