Services, value added in Belgium
Belgium: Services, value added was 378.40 billion constant LCU in 2025. ▲ Rising
Services, value added in Belgium, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for services, value added in Belgium is 378.40 billion constant LCU, measured in 2025. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 0.9% on the previous year and up 20.5% over ten years.
Over the whole period, services, value added in Belgium peaked at 378.40 billion constant LCU in 2025 and was at its lowest, 213.45 billion constant LCU, in 1995.
That places Belgium 97th out of 199 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Services, value added in Belgium, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1995 | 213.45 billion constant LCU | — |
| 1996 | 214.48 billion constant LCU | +0.5% |
| 1997 | 220.77 billion constant LCU | +2.9% |
| 1998 | 225.10 billion constant LCU | +2.0% |
| 1999 | 233.85 billion constant LCU | +3.9% |
| 2000 | 240.29 billion constant LCU | +2.8% |
| 2001 | 245.02 billion constant LCU | +2.0% |
| 2002 | 250.10 billion constant LCU | +2.1% |
| 2003 | 253.61 billion constant LCU | +1.4% |
| 2004 | 260.18 billion constant LCU | +2.6% |
| 2005 | 266.71 billion constant LCU | +2.5% |
| 2006 | 274.47 billion constant LCU | +2.9% |
| 2007 | 283.90 billion constant LCU | +3.4% |
| 2008 | 288.65 billion constant LCU | +1.7% |
| 2009 | 285.29 billion constant LCU | -1.2% |
| 2010 | 292.63 billion constant LCU | +2.6% |
| 2011 | 299.62 billion constant LCU | +2.4% |
| 2012 | 302.41 billion constant LCU | +0.9% |
| 2013 | 302.97 billion constant LCU | +0.2% |
| 2014 | 308.96 billion constant LCU | +2.0% |
| 2015 | 313.99 billion constant LCU | +1.6% |
| 2016 | 318.88 billion constant LCU | +1.6% |
| 2017 | 323.68 billion constant LCU | +1.5% |
| 2018 | 331.56 billion constant LCU | +2.4% |
| 2019 | 339.38 billion constant LCU | +2.4% |
| 2020 | 326.20 billion constant LCU | -3.9% |
| 2021 | 351.35 billion constant LCU | +7.7% |
| 2022 | 363.98 billion constant LCU | +3.6% |
| 2023 | 370.84 billion constant LCU | +1.9% |
| 2024 | 375.07 billion constant LCU | +1.1% |
| 2025 | 378.40 billion constant LCU | +0.9% |
Belgium compared with similar countries
- Belgium's 378.40 billion constant LCU is above the median for high income countries, which is 203.18 billion constant LCU, 1.9× the median. (70 countries reporting)
- Belgium's 378.40 billion constant LCU is above the median for Europe & Central Asia, which is 280.65 billion constant LCU, 1.3× the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 221.53 billion constant LCU | 213.45 billion constant LCU | 233.85 billion constant LCU | 5 |
| 2000s | 264.82 billion constant LCU | 240.29 billion constant LCU | 288.65 billion constant LCU | 10 |
| 2010s | 313.41 billion constant LCU | 292.63 billion constant LCU | 339.38 billion constant LCU | 10 |
| 2020s | 360.97 billion constant LCU | 326.20 billion constant LCU | 378.40 billion constant 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 services, value added in Belgium?
- Services, value added in Belgium was 378.40 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Belgium?
- The highest recorded value was 378.40 billion constant LCU in 2025.
- What is the lowest services, value added recorded in Belgium?
- The lowest recorded value was 213.45 billion constant LCU in 1995.
- How does Belgium rank for services, value added?
- Belgium ranks 97th out of 199 countries with data for 2025.
- Is services, value added rising or falling in Belgium?
- Over the last ten years it is up 20.5%. The long-run trend across the full record is rising.
- Where does this Belgium data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.