Services, value added (current LCU), annual growth rate in Belgium
Belgium: Services, value added (current LCU), annual growth rate was 3.87 % change on previous year in 2025. ◆ Volatile
Services, value added (current LCU), annual growth rate in Belgium, 1996–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (current lcu), annual growth rate in Belgium is 3.87 % change on previous year, measured in 2025.
Compared with earlier readings it is down 3.2% on the previous year and up 37.2% over ten years.
Over the whole period, services, value added (current lcu), annual growth rate in Belgium peaked at 9.76 % change on previous year in 2021 and was at its lowest, -2.15 % change on previous year, in 2020.
Belgium ranks 172nd of 204 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current LCU), annual growth rate in Belgium, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 1.44 % change on previous year | — |
| 1997 | 3.75 % change on previous year | +160.2% |
| 1998 | 4.75 % change on previous year | +26.8% |
| 1999 | 5.45 % change on previous year | +14.8% |
| 2000 | 5.21 % change on previous year | -4.5% |
| 2001 | 4.92 % change on previous year | -5.6% |
| 2002 | 4.2 % change on previous year | -14.5% |
| 2003 | 3.92 % change on previous year | -6.9% |
| 2004 | 5.45 % change on previous year | +39.1% |
| 2005 | 5.46 % change on previous year | +0.3% |
| 2006 | 5.31 % change on previous year | -2.7% |
| 2007 | 5.53 % change on previous year | +4.1% |
| 2008 | 3.76 % change on previous year | -31.9% |
| 2009 | 0.7681 % change on previous year | -79.6% |
| 2010 | 3.95 % change on previous year | +414.3% |
| 2011 | 4.56 % change on previous year | +15.5% |
| 2012 | 3.28 % change on previous year | -28.2% |
| 2013 | 1.91 % change on previous year | -41.7% |
| 2014 | 3.35 % change on previous year | +75.2% |
| 2015 | 2.82 % change on previous year | -15.8% |
| 2016 | 3.35 % change on previous year | +18.9% |
| 2017 | 3.23 % change on previous year | -3.5% |
| 2018 | 4.01 % change on previous year | +24.1% |
| 2019 | 4.13 % change on previous year | +2.9% |
| 2020 | -2.15 % change on previous year | -152.2% |
| 2021 | 9.76 % change on previous year | -552.7% |
| 2022 | 8.94 % change on previous year | -8.4% |
| 2023 | 8.56 % change on previous year | -4.3% |
| 2024 | 3.99 % change on previous year | -53.3% |
| 2025 | 3.87 % change on previous year | -3.2% |
Belgium compared with similar countries
- Belgium's 3.87 % change on previous year is below the median for high income countries, which is 5.74 % change on previous year, 67% of the median. (77 countries reporting)
- Belgium's 3.87 % change on previous year is below the median for Europe & Central Asia, which is 7.18 % change on previous year, 54% of the median. (56 countries reporting)
Biggest year-on-year movements
Years where Services, value added (current LCU), annual growth rate in Belgium changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +552.7% | -2.15 % change on previous year | 9.76 % change on previous year |
| 2010 | +414.3% | 0.7681 % change on previous year | 3.95 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.85 % change on previous year | 1.44 % change on previous year | 5.45 % change on previous year | 4 |
| 2000s | 4.45 % change on previous year | 0.7681 % change on previous year | 5.53 % change on previous year | 10 |
| 2010s | 3.46 % change on previous year | 1.91 % change on previous year | 4.56 % change on previous year | 10 |
| 2020s | 5.49 % change on previous year | -2.15 % change on previous year | 9.76 % change on previous year | 6 |
Countries ranked near Belgium
- 169 Austria 3.92 % change on previous year compare
- 170 Iraq 3.89 % change on previous year compare
- 171 Japan 3.88 % change on previous year compare
- 173 Solomon Islands 3.85 % change on previous year compare
- 174 South Korea 3.67 % change on previous year compare
- 175 Sweden 3.64 % change on previous year compare
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0089 units per US$ of GDP (2025)
Frequently asked questions
- What is services, value added (current lcu), annual growth rate in Belgium?
- Services, value added (current lcu), annual growth rate in Belgium was 3.87 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (current lcu), annual growth rate recorded in Belgium?
- The highest recorded value was 9.76 % change on previous year in 2021.
- What is the lowest services, value added (current lcu), annual growth rate recorded in Belgium?
- The lowest recorded value was -2.15 % change on previous year in 2020.
- How does Belgium rank for services, value added (current lcu), annual growth rate?
- Belgium ranks 172nd out of 204 countries with data for 2025.
- Is services, value added (current lcu), annual growth rate rising or falling in Belgium?
- Over the last ten years it is up 37.2%. The long-run trend across the full record is volatile.
- Where does this Belgium data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Services, value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.