Value Added Deflator (Manufacturing) — Value Standard Local Currency in Belgium
Belgium: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 125.39 SLC in 2023. ▲ Rising
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Belgium, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Belgium recorded 125.39 SLC for value added deflator (manufacturing) — value standard local currency in 2023.
That represents a change of down 0.5% on the previous year and up 27.2% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Belgium peaked at 126.02 SLC in 2022 and was at its lowest, 47.29 SLC, in 1971.
Belgium ranks 112th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Belgium, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 47.62 SLC | — |
| 1971 | 47.29 SLC | -0.7% |
| 1972 | 49.1 SLC | +3.8% |
| 1973 | 51.59 SLC | +5.1% |
| 1974 | 58.84 SLC | +14.1% |
| 1975 | 61.96 SLC | +5.3% |
| 1976 | 64.13 SLC | +3.5% |
| 1977 | 66.83 SLC | +4.2% |
| 1978 | 67.44 SLC | +0.9% |
| 1979 | 69.34 SLC | +2.8% |
| 1980 | 64.64 SLC | -6.8% |
| 1981 | 63.3 SLC | -2.1% |
| 1982 | 68.81 SLC | +8.7% |
| 1983 | 69.87 SLC | +1.5% |
| 1984 | 72.52 SLC | +3.8% |
| 1985 | 77.43 SLC | +6.8% |
| 1986 | 80.82 SLC | +4.4% |
| 1987 | 81.35 SLC | +0.7% |
| 1988 | 84.83 SLC | +4.3% |
| 1989 | 86.82 SLC | +2.3% |
| 1990 | 88.72 SLC | +2.2% |
| 1991 | 86.93 SLC | -2.0% |
| 1992 | 89.35 SLC | +2.8% |
| 1993 | 91.6 SLC | +2.5% |
| 1994 | 93.53 SLC | +2.1% |
| 1995 | 96.78 SLC | +3.5% |
| 1996 | 94.92 SLC | -1.9% |
| 1997 | 94.59 SLC | -0.3% |
| 1998 | 94.08 SLC | -0.5% |
| 1999 | 92.71 SLC | -1.4% |
| 2000 | 94.07 SLC | +1.5% |
| 2001 | 93.59 SLC | -0.5% |
| 2002 | 94.95 SLC | +1.5% |
| 2003 | 94.44 SLC | -0.5% |
| 2004 | 94.22 SLC | -0.2% |
| 2005 | 94.57 SLC | +0.4% |
| 2006 | 96.08 SLC | +1.6% |
| 2007 | 95.75 SLC | -0.3% |
| 2008 | 94.21 SLC | -1.6% |
| 2009 | 92.63 SLC | -1.7% |
| 2010 | 95.01 SLC | +2.6% |
| 2011 | 97.11 SLC | +2.2% |
| 2012 | 98.59 SLC | +1.5% |
| 2013 | 98.61 SLC | +0.0% |
| 2014 | 98.96 SLC | +0.4% |
| 2015 | 100 SLC | +1.1% |
| 2016 | 102.53 SLC | +2.5% |
| 2017 | 105.17 SLC | +2.6% |
| 2018 | 106.76 SLC | +1.5% |
| 2019 | 108.7 SLC | +1.8% |
| 2020 | 109.21 SLC | +0.5% |
| 2021 | 112.3 SLC | +2.8% |
| 2022 | 126.02 SLC | +12.2% |
| 2023 | 125.39 SLC | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 58.41 SLC | 47.29 SLC | 69.34 SLC | 10 |
| 1980s | 75.04 SLC | 63.3 SLC | 86.82 SLC | 10 |
| 1990s | 92.32 SLC | 86.93 SLC | 96.78 SLC | 10 |
| 2000s | 94.45 SLC | 92.63 SLC | 96.08 SLC | 10 |
| 2010s | 101.14 SLC | 95.01 SLC | 108.7 SLC | 10 |
| 2020s | 118.23 SLC | 109.21 SLC | 126.02 SLC | 4 |
Countries ranked near Belgium
- 109 Italy 126.87 SLC compare
- 110 Equatorial Guinea 126.69 SLC compare
- 111 Trinidad and Tobago 126.16 SLC compare
- 113 Burkina Faso 125.3 SLC compare
- 114 Central African Republic 124.95 SLC compare
- 115 Kiribati 124.69 SLC 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)
- Gross domestic savings (current US$), annual growth rate 6.16 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2373 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 14,416 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 1.69 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 0.21 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 12,757 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 8.37 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9794 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in Belgium?
- Value added deflator (manufacturing) — value standard local currency in Belgium was 125.39 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Belgium?
- The highest recorded value was 126.02 SLC in 2022.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Belgium?
- The lowest recorded value was 47.29 SLC in 1971.
- How does Belgium rank for value added deflator (manufacturing) — value standard local currency?
- Belgium ranks 112th out of 194 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Belgium?
- Over the last ten years it is up 27.2%. The long-run trend across the full record is rising.
- Where does this Belgium data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).