Value Added (Total Manufacturing) — Value Standard Local Currency in Belgium
Belgium: Value Added (Total Manufacturing) — Value Standard Local Currency was 53,524 million SLC in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Belgium, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Belgium stood at 53,524 million SLC.
That represents a change of down 1.6% on the previous year and up 5.6% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Belgium peaked at 54,752 million SLC in 2019 and was at its lowest, 20,835 million SLC, in 1970.
That places Belgium 101st out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Belgium, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 20,835 million SLC | — |
| 1971 | 21,669 million SLC | +4.0% |
| 1972 | 23,373 million SLC | +7.9% |
| 1973 | 25,448 million SLC | +8.9% |
| 1974 | 26,400 million SLC | +3.7% |
| 1975 | 24,689 million SLC | -6.5% |
| 1976 | 26,866 million SLC | +8.8% |
| 1977 | 27,048 million SLC | +0.7% |
| 1978 | 27,764 million SLC | +2.6% |
| 1979 | 28,930 million SLC | +4.2% |
| 1980 | 29,479 million SLC | +1.9% |
| 1981 | 29,391 million SLC | -0.3% |
| 1982 | 30,557 million SLC | +4.0% |
| 1983 | 32,120 million SLC | +5.1% |
| 1984 | 33,095 million SLC | +3.0% |
| 1985 | 33,828 million SLC | +2.2% |
| 1986 | 33,925 million SLC | +0.3% |
| 1987 | 33,759 million SLC | -0.5% |
| 1988 | 35,612 million SLC | +5.5% |
| 1989 | 37,911 million SLC | +6.5% |
| 1990 | 38,856 million SLC | +2.5% |
| 1991 | 38,637 million SLC | -0.6% |
| 1992 | 38,291 million SLC | -0.9% |
| 1993 | 37,253 million SLC | -2.7% |
| 1994 | 38,895 million SLC | +4.4% |
| 1995 | 39,879 million SLC | +2.5% |
| 1996 | 41,016 million SLC | +2.8% |
| 1997 | 43,590 million SLC | +6.3% |
| 1998 | 44,902 million SLC | +3.0% |
| 1999 | 45,232 million SLC | +0.7% |
| 2000 | 47,791 million SLC | +5.7% |
| 2001 | 48,130 million SLC | +0.7% |
| 2002 | 48,332 million SLC | +0.4% |
| 2003 | 48,235 million SLC | -0.2% |
| 2004 | 50,690 million SLC | +5.1% |
| 2005 | 52,033 million SLC | +2.6% |
| 2006 | 50,825 million SLC | -2.3% |
| 2007 | 54,049 million SLC | +6.3% |
| 2008 | 52,243 million SLC | -3.3% |
| 2009 | 48,208 million SLC | -7.7% |
| 2010 | 50,196 million SLC | +4.1% |
| 2011 | 50,505 million SLC | +0.6% |
| 2012 | 49,666 million SLC | -1.7% |
| 2013 | 50,679 million SLC | +2.0% |
| 2014 | 51,495 million SLC | +1.6% |
| 2015 | 52,224 million SLC | +1.4% |
| 2016 | 51,183 million SLC | -2.0% |
| 2017 | 52,473 million SLC | +2.5% |
| 2018 | 53,126 million SLC | +1.2% |
| 2019 | 54,752 million SLC | +3.1% |
| 2020 | 51,008 million SLC | -6.8% |
| 2021 | 48,418 million SLC | -5.1% |
| 2022 | 54,386 million SLC | +12.3% |
| 2023 | 53,524 million SLC | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25,302 million SLC | 20,835 million SLC | 28,930 million SLC | 10 |
| 1980s | 32,968 million SLC | 29,391 million SLC | 37,911 million SLC | 10 |
| 1990s | 40,655 million SLC | 37,253 million SLC | 45,232 million SLC | 10 |
| 2000s | 50,054 million SLC | 47,791 million SLC | 54,049 million SLC | 10 |
| 2010s | 51,630 million SLC | 49,666 million SLC | 54,752 million SLC | 10 |
| 2020s | 51,834 million SLC | 48,418 million SLC | 54,386 million SLC | 4 |
Countries ranked near Belgium
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)
- 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)
- GNI, Atlas method (current US$), per capita 59,497 current US$ per person (2025)
- GNI (current US$), annual growth rate 7.66 % change on previous year (2025)
- GNI (current US$), per unit of GDP 1.01 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 61,517 current US$ per person (2025)
- GNI (current LCU), annual growth rate 3.13 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 0.8961 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Belgium?
- Value added (total manufacturing) — value standard local currency in Belgium was 53,524 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Belgium?
- The highest recorded value was 54,752 million SLC in 2019.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Belgium?
- The lowest recorded value was 20,835 million SLC in 1970.
- How does Belgium rank for value added (total manufacturing) — value standard local currency?
- Belgium ranks 101st out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Belgium?
- Over the last ten years it is up 5.6%. 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 (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).