Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Belgium
Belgium: Taxes less subsidies on products (current LCU), per unit of GDP (unit) was 0.0835 current LCU per US$ of GDP in 2025. ▲ Rising
Latest (2025)
0.0835 current LCU per US$ of GDP
Change on year
down 4.3%
World rank
167th
of 197 countries
All-time high
0.1336 current LCU per US$ of GDP
in 1985
All-time low
0.0626 current LCU per US$ of GDP
in 1973
Years of data
56
1970–2025
Taxes less subsidies on products (current LCU), per unit of GDP in Belgium, 1970–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2025, taxes less subsidies on products (current lcu), per unit of gdp in Belgium stood at 0.0835 current LCU per US$ of GDP.
Compared with earlier readings it is down 4.3% on the previous year and down 10.5% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Belgium peaked at 0.1336 current LCU per US$ of GDP in 1985 and was at its lowest, 0.0626 current LCU per US$ of GDP, in 1973.
That places Belgium 167th out of 197 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 56 years of available data.
Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Belgium, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0694 current LCU per US$ of GDP | — |
| 1971 | 0.0711 current LCU per US$ of GDP | +2.5% |
| 1972 | 0.0634 current LCU per US$ of GDP | -10.8% |
| 1973 | 0.0626 current LCU per US$ of GDP | -1.3% |
| 1974 | 0.074 current LCU per US$ of GDP | +18.2% |
| 1975 | 0.0751 current LCU per US$ of GDP | +1.5% |
| 1976 | 0.0876 current LCU per US$ of GDP | +16.8% |
| 1977 | 0.0828 current LCU per US$ of GDP | -5.6% |
| 1978 | 0.0741 current LCU per US$ of GDP | -10.4% |
| 1979 | 0.0686 current LCU per US$ of GDP | -7.4% |
| 1980 | 0.0667 current LCU per US$ of GDP | -2.8% |
| 1981 | 0.0866 current LCU per US$ of GDP | +29.9% |
| 1982 | 0.1079 current LCU per US$ of GDP | +24.7% |
| 1983 | 0.1201 current LCU per US$ of GDP | +11.2% |
| 1984 | 0.1313 current LCU per US$ of GDP | +9.4% |
| 1985 | 0.1336 current LCU per US$ of GDP | +1.8% |
| 1986 | 0.0979 current LCU per US$ of GDP | -26.7% |
| 1987 | 0.0885 current LCU per US$ of GDP | -9.7% |
| 1988 | 0.0878 current LCU per US$ of GDP | -0.7% |
| 1989 | 0.0982 current LCU per US$ of GDP | +11.8% |
| 1990 | 0.081 current LCU per US$ of GDP | -17.5% |
| 1991 | 0.0812 current LCU per US$ of GDP | +0.2% |
| 1992 | 0.0774 current LCU per US$ of GDP | -4.6% |
| 1993 | 0.0849 current LCU per US$ of GDP | +9.6% |
| 1994 | 0.0843 current LCU per US$ of GDP | -0.7% |
| 1995 | 0.072 current LCU per US$ of GDP | -14.5% |
| 1996 | 0.079 current LCU per US$ of GDP | +9.7% |
| 1997 | 0.0929 current LCU per US$ of GDP | +17.6% |
| 1998 | 0.0948 current LCU per US$ of GDP | +2.0% |
| 1999 | 0.1012 current LCU per US$ of GDP | +6.7% |
| 2000 | 0.1172 current LCU per US$ of GDP | +15.8% |
| 2001 | 0.1163 current LCU per US$ of GDP | -0.8% |
| 2002 | 0.1111 current LCU per US$ of GDP | -4.5% |
| 2003 | 0.0922 current LCU per US$ of GDP | -17.0% |
| 2004 | 0.0866 current LCU per US$ of GDP | -6.1% |
| 2005 | 0.0861 current LCU per US$ of GDP | -0.6% |
| 2006 | 0.086 current LCU per US$ of GDP | -0.1% |
| 2007 | 0.0786 current LCU per US$ of GDP | -8.6% |
| 2008 | 0.073 current LCU per US$ of GDP | -7.2% |
| 2009 | 0.0756 current LCU per US$ of GDP | +3.6% |
| 2010 | 0.0798 current LCU per US$ of GDP | +5.5% |
| 2011 | 0.0748 current LCU per US$ of GDP | -6.2% |
| 2012 | 0.0816 current LCU per US$ of GDP | +9.1% |
| 2013 | 0.0792 current LCU per US$ of GDP | -3.0% |
| 2014 | 0.0781 current LCU per US$ of GDP | -1.4% |
| 2015 | 0.0932 current LCU per US$ of GDP | +19.4% |
| 2016 | 0.0961 current LCU per US$ of GDP | +3.1% |
| 2017 | 0.0947 current LCU per US$ of GDP | -1.5% |
| 2018 | 0.0906 current LCU per US$ of GDP | -4.4% |
| 2019 | 0.0938 current LCU per US$ of GDP | +3.6% |
| 2020 | 0.0864 current LCU per US$ of GDP | -7.9% |
| 2021 | 0.0896 current LCU per US$ of GDP | +3.8% |
| 2022 | 0.094 current LCU per US$ of GDP | +4.9% |
| 2023 | 0.0869 current LCU per US$ of GDP | -7.6% |
| 2024 | 0.0872 current LCU per US$ of GDP | +0.3% |
| 2025 | 0.0835 current LCU per US$ of GDP | -4.3% |
Belgium compared with similar countries
- Belgium's 0.0835 current LCU per US$ of GDP is below the median for high income countries, which is 0.1155 current LCU per US$ of GDP, 72% of the median. (74 countries reporting)
- Belgium's 0.0835 current LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.1633 current LCU per US$ of GDP, 51% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0729 current LCU per US$ of GDP | 0.0626 current LCU per US$ of GDP | 0.0876 current LCU per US$ of GDP | 10 |
| 1980s | 0.1019 current LCU per US$ of GDP | 0.0667 current LCU per US$ of GDP | 0.1336 current LCU per US$ of GDP | 10 |
| 1990s | 0.0849 current LCU per US$ of GDP | 0.072 current LCU per US$ of GDP | 0.1012 current LCU per US$ of GDP | 10 |
| 2000s | 0.0923 current LCU per US$ of GDP | 0.073 current LCU per US$ of GDP | 0.1172 current LCU per US$ of GDP | 10 |
| 2010s | 0.0862 current LCU per US$ of GDP | 0.0748 current LCU per US$ of GDP | 0.0961 current LCU per US$ of GDP | 10 |
| 2020s | 0.0879 current LCU per US$ of GDP | 0.0835 current LCU per US$ of GDP | 0.094 current LCU per US$ of GDP | 6 |
Countries ranked near Belgium
- 164 Canada 0.0873 current LCU per US$ of GDP compare
- 165 Germany 0.0842 current LCU per US$ of GDP compare
- 166 Luxembourg 0.0836 current LCU per US$ of GDP compare
- 168 Spain 0.0831 current LCU per US$ of GDP compare
- 169 Andorra, Principality of 0.0791 current LCU per US$ of GDP compare
- 170 Ecuador 0.0765 current LCU per US$ of GDP 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 taxes less subsidies on products (current lcu), per unit of gdp in Belgium?
- Taxes less subsidies on products (current lcu), per unit of gdp in Belgium was 0.0835 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Belgium?
- The highest recorded value was 0.1336 current LCU per US$ of GDP in 1985.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Belgium?
- The lowest recorded value was 0.0626 current LCU per US$ of GDP in 1973.
- How does Belgium rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Belgium ranks 167th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Belgium?
- Over the last ten years it is down 10.5%. The long-run trend across the full record is rising.
- Where does this Belgium data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
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 (current 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.