Taxes less subsidies on products (constant LCU), per unit of GDP in Belgium
Belgium: Taxes less subsidies on products (constant LCU), per unit of GDP was 0.0742 constant LCU per US$ of GDP in 2025. ▼ Falling
Taxes less subsidies on products (constant LCU), per unit of GDP in Belgium, 1970–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2025, taxes less subsidies on products (constant lcu), per unit of gdp in Belgium stood at 0.0742 constant LCU per US$ of GDP. That is the lowest value across all 56 years on record.
That represents a change of down 5.9% on the previous year and down 26.7% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in Belgium peaked at 0.2661 constant LCU per US$ of GDP in 1975 and was at its lowest, 0.0742 constant LCU per US$ of GDP, in 2025.
Belgium ranks 149th of 189 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 56 years of available data.
Taxes less subsidies on products (constant LCU), per unit of GDP in Belgium, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.1382 constant LCU per US$ of GDP | — |
| 1971 | 0.1367 constant LCU per US$ of GDP | -1.1% |
| 1972 | 0.1264 constant LCU per US$ of GDP | -7.5% |
| 1973 | 0.1248 constant LCU per US$ of GDP | -1.3% |
| 1974 | 0.1131 constant LCU per US$ of GDP | -9.4% |
| 1975 | 0.2661 constant LCU per US$ of GDP | +135.3% |
| 1976 | 0.2579 constant LCU per US$ of GDP | -3.1% |
| 1977 | 0.2254 constant LCU per US$ of GDP | -12.6% |
| 1978 | 0.19 constant LCU per US$ of GDP | -15.7% |
| 1979 | 0.1682 constant LCU per US$ of GDP | -11.4% |
| 1980 | 0.1597 constant LCU per US$ of GDP | -5.0% |
| 1981 | 0.1928 constant LCU per US$ of GDP | +20.7% |
| 1982 | 0.2162 constant LCU per US$ of GDP | +12.1% |
| 1983 | 0.2259 constant LCU per US$ of GDP | +4.5% |
| 1984 | 0.2326 constant LCU per US$ of GDP | +3.0% |
| 1985 | 0.2287 constant LCU per US$ of GDP | -1.7% |
| 1986 | 0.1722 constant LCU per US$ of GDP | -24.7% |
| 1987 | 0.1578 constant LCU per US$ of GDP | -8.4% |
| 1988 | 0.1541 constant LCU per US$ of GDP | -2.3% |
| 1989 | 0.1634 constant LCU per US$ of GDP | +6.0% |
| 1990 | 0.1334 constant LCU per US$ of GDP | -18.3% |
| 1991 | 0.1321 constant LCU per US$ of GDP | -1.0% |
| 1992 | 0.1253 constant LCU per US$ of GDP | -5.1% |
| 1993 | 0.1369 constant LCU per US$ of GDP | +9.3% |
| 1994 | 0.1333 constant LCU per US$ of GDP | -2.6% |
| 1995 | 0.1119 constant LCU per US$ of GDP | -16.1% |
| 1996 | 0.1212 constant LCU per US$ of GDP | +8.3% |
| 1997 | 0.1407 constant LCU per US$ of GDP | +16.1% |
| 1998 | 0.1414 constant LCU per US$ of GDP | +0.5% |
| 1999 | 0.1491 constant LCU per US$ of GDP | +5.5% |
| 2000 | 0.1704 constant LCU per US$ of GDP | +14.3% |
| 2001 | 0.1664 constant LCU per US$ of GDP | -2.3% |
| 2002 | 0.1561 constant LCU per US$ of GDP | -6.2% |
| 2003 | 0.1273 constant LCU per US$ of GDP | -18.5% |
| 2004 | 0.1173 constant LCU per US$ of GDP | -7.8% |
| 2005 | 0.1138 constant LCU per US$ of GDP | -3.0% |
| 2006 | 0.1111 constant LCU per US$ of GDP | -2.3% |
| 2007 | 0.0995 constant LCU per US$ of GDP | -10.5% |
| 2008 | 0.0884 constant LCU per US$ of GDP | -11.1% |
| 2009 | 0.092 constant LCU per US$ of GDP | +4.1% |
| 2010 | 0.095 constant LCU per US$ of GDP | +3.3% |
| 2011 | 0.0861 constant LCU per US$ of GDP | -9.4% |
| 2012 | 0.0914 constant LCU per US$ of GDP | +6.1% |
| 2013 | 0.0877 constant LCU per US$ of GDP | -4.0% |
| 2014 | 0.086 constant LCU per US$ of GDP | -1.9% |
| 2015 | 0.1013 constant LCU per US$ of GDP | +17.7% |
| 2016 | 0.1024 constant LCU per US$ of GDP | +1.1% |
| 2017 | 0.0988 constant LCU per US$ of GDP | -3.5% |
| 2018 | 0.0925 constant LCU per US$ of GDP | -6.3% |
| 2019 | 0.0945 constant LCU per US$ of GDP | +2.1% |
| 2020 | 0.0864 constant LCU per US$ of GDP | -8.6% |
| 2021 | 0.0851 constant LCU per US$ of GDP | -1.4% |
| 2022 | 0.0877 constant LCU per US$ of GDP | +3.0% |
| 2023 | 0.0792 constant LCU per US$ of GDP | -9.7% |
| 2024 | 0.0789 constant LCU per US$ of GDP | -0.3% |
| 2025 | 0.0742 constant LCU per US$ of GDP | -5.9% |
Belgium compared with similar countries
- Belgium's 0.0742 constant LCU per US$ of GDP is below the median for high income countries, which is 0.0891 constant LCU per US$ of GDP, 83% of the median. (66 countries reporting)
- Belgium's 0.0742 constant LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.0947 constant LCU per US$ of GDP, 78% of the median. (53 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (constant LCU), per unit of GDP 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 |
|---|---|---|---|
| 1975 | +135.3% | 0.1131 constant LCU per US$ of GDP | 0.2661 constant LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1747 constant LCU per US$ of GDP | 0.1131 constant LCU per US$ of GDP | 0.2661 constant LCU per US$ of GDP | 10 |
| 1980s | 0.1903 constant LCU per US$ of GDP | 0.1541 constant LCU per US$ of GDP | 0.2326 constant LCU per US$ of GDP | 10 |
| 1990s | 0.1325 constant LCU per US$ of GDP | 0.1119 constant LCU per US$ of GDP | 0.1491 constant LCU per US$ of GDP | 10 |
| 2000s | 0.1242 constant LCU per US$ of GDP | 0.0884 constant LCU per US$ of GDP | 0.1704 constant LCU per US$ of GDP | 10 |
| 2010s | 0.0936 constant LCU per US$ of GDP | 0.086 constant LCU per US$ of GDP | 0.1024 constant LCU per US$ of GDP | 10 |
| 2020s | 0.0819 constant LCU per US$ of GDP | 0.0742 constant LCU per US$ of GDP | 0.0877 constant LCU per US$ of GDP | 6 |
Countries ranked near Belgium
- 146 Montenegro 0.0805 constant LCU per US$ of GDP compare
- 147 Bulgaria 0.0761 constant LCU per US$ of GDP compare
- 148 Austria 0.0756 constant LCU per US$ of GDP compare
- 150 Malta 0.0736 constant LCU per US$ of GDP compare
- 151 Jordan 0.0725 constant LCU per US$ of GDP compare
- 152 Netherlands 0.0705 constant LCU per US$ of GDP 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)
- 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$), annual growth rate 33.22 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (constant lcu), per unit of gdp in Belgium?
- Taxes less subsidies on products (constant lcu), per unit of gdp in Belgium was 0.0742 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Belgium?
- The highest recorded value was 0.2661 constant LCU per US$ of GDP in 1975.
- What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Belgium?
- The lowest recorded value was 0.0742 constant LCU per US$ of GDP in 2025.
- How does Belgium rank for taxes less subsidies on products (constant lcu), per unit of gdp?
- Belgium ranks 149th out of 189 countries with data for 2025.
- Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Belgium?
- Over the last ten years it is down 26.7%. The long-run trend across the full record is falling.
- Where does this Belgium data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.