Taxes less subsidies on products (current US$), annual growth rate in Belgium
Belgium: Taxes less subsidies on products (current US$), annual growth rate was 8.06 % change on previous year in 2025. ◆ Volatile
Taxes less subsidies on products (current US$), annual growth rate in Belgium, 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, taxes less subsidies on products (current us$), annual growth rate in Belgium stood at 8.06 % change on previous year.
That represents a change of up 127.2% on the previous year and up 155.4% over ten years.
Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Belgium peaked at 42.94 % change on previous year in 1973 and was at its lowest, -15.54 % change on previous year, in 1981.
Belgium ranks 111th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), annual growth rate in Belgium, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 16.61 % change on previous year | — |
| 1972 | 24.11 % change on previous year | +45.2% |
| 1973 | 42.94 % change on previous year | +78.1% |
| 1974 | 38.79 % change on previous year | -9.7% |
| 1975 | 25.98 % change on previous year | -33.0% |
| 1976 | 20.44 % change on previous year | -21.3% |
| 1977 | 18.48 % change on previous year | -9.6% |
| 1978 | 24.59 % change on previous year | +33.0% |
| 1979 | 14.23 % change on previous year | -42.1% |
| 1980 | 6.21 % change on previous year | -56.3% |
| 1981 | -15.54 % change on previous year | -350.2% |
| 1982 | -10.89 % change on previous year | -29.9% |
| 1983 | -5.91 % change on previous year | -45.7% |
| 1984 | -7.49 % change on previous year | +26.8% |
| 1985 | 2.52 % change on previous year | -133.6% |
| 1986 | 35.47 % change on previous year | +1308.9% |
| 1987 | 34.57 % change on previous year | -2.6% |
| 1988 | 9.53 % change on previous year | -72.4% |
| 1989 | 5.53 % change on previous year | -41.9% |
| 1990 | 21.64 % change on previous year | +291.2% |
| 1991 | 0.5634 % change on previous year | -97.4% |
| 1992 | 13.01 % change on previous year | +2208.4% |
| 1993 | -2.53 % change on previous year | -119.5% |
| 1994 | 11.91 % change on previous year | -570.6% |
| 1995 | 14.08 % change on previous year | +18.3% |
| 1996 | 1.24 % change on previous year | -91.2% |
| 1997 | -7.85 % change on previous year | -732.9% |
| 1998 | 2.85 % change on previous year | -136.3% |
| 1999 | 2.24 % change on previous year | -21.4% |
| 2000 | -7.96 % change on previous year | -455.4% |
| 2001 | -3.8 % change on previous year | -52.3% |
| 2002 | 10.04 % change on previous year | -364.3% |
| 2003 | 22.29 % change on previous year | +122.0% |
| 2004 | 19.86 % change on previous year | -10.9% |
| 2005 | 3.88 % change on previous year | -80.5% |
| 2006 | 6.76 % change on previous year | +74.4% |
| 2007 | 15.06 % change on previous year | +122.7% |
| 2008 | 9.43 % change on previous year | -37.4% |
| 2009 | -7.92 % change on previous year | -184.0% |
| 2010 | -0.4038 % change on previous year | -94.9% |
| 2011 | 7.8 % change on previous year | -2032.2% |
| 2012 | -4.81 % change on previous year | -161.6% |
| 2013 | 5.49 % change on previous year | -214.1% |
| 2014 | 1.26 % change on previous year | -77.1% |
| 2015 | -14.55 % change on previous year | -1259.5% |
| 2016 | 5.81 % change on previous year | -139.9% |
| 2017 | 6.18 % change on previous year | +6.5% |
| 2018 | 8.3 % change on previous year | +34.2% |
| 2019 | -2.85 % change on previous year | -134.4% |
| 2020 | -7.3 % change on previous year | +156.1% |
| 2021 | 21.39 % change on previous year | -393.0% |
| 2022 | -7.68 % change on previous year | -135.9% |
| 2023 | 4.41 % change on previous year | -157.4% |
| 2024 | 3.55 % change on previous year | -19.6% |
| 2025 | 8.06 % change on previous year | +127.2% |
Belgium compared with similar countries
- Belgium's 8.06 % change on previous year is below the median for high income countries, which is 8.9 % change on previous year, 91% of the median. (74 countries reporting)
- Belgium's 8.06 % change on previous year is below the median for Europe & Central Asia, which is 10.87 % change on previous year, 74% of the median. (55 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current US$), 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 |
|---|---|---|---|
| 1992 | +2208.4% | 0.5634 % change on previous year | 13.01 % change on previous year |
| 2011 | +2032.2% | -0.4038 % change on previous year | 7.8 % change on previous year |
| 1986 | +1308.9% | 2.52 % change on previous year | 35.47 % change on previous year |
| 2015 | -1259.5% | 1.26 % change on previous year | -14.55 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.13 % change on previous year | 14.23 % change on previous year | 42.94 % change on previous year | 9 |
| 1980s | 5.4 % change on previous year | -15.54 % change on previous year | 35.47 % change on previous year | 10 |
| 1990s | 5.71 % change on previous year | -7.85 % change on previous year | 21.64 % change on previous year | 10 |
| 2000s | 6.76 % change on previous year | -7.96 % change on previous year | 22.29 % change on previous year | 10 |
| 2010s | 1.22 % change on previous year | -14.55 % change on previous year | 8.3 % change on previous year | 10 |
| 2020s | 3.74 % change on previous year | -7.68 % change on previous year | 21.39 % change on previous year | 6 |
Countries ranked near Belgium
- 108 Denmark 8.45 % change on previous year compare
- 109 Togo 8.36 % change on previous year compare
- 110 United Kingdom 8.36 % change on previous year compare
- 112 Finland 7.96 % change on previous year compare
- 113 South Africa 7.9 % change on previous year compare
- 114 Chad 7.86 % 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 taxes less subsidies on products (current us$), annual growth rate in Belgium?
- Taxes less subsidies on products (current us$), annual growth rate in Belgium was 8.06 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), annual growth rate recorded in Belgium?
- The highest recorded value was 42.94 % change on previous year in 1973.
- What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Belgium?
- The lowest recorded value was -15.54 % change on previous year in 1981.
- How does Belgium rank for taxes less subsidies on products (current us$), annual growth rate?
- Belgium ranks 111th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Belgium?
- Over the last ten years it is up 155.4%. 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 Taxes less subsidies on products (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products 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
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.