Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in Belgium
Belgium: Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) was 59,386 million USD in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value US$, 2015 prices in Belgium, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Belgium recorded 59,386 million USD for value added (total manufacturing) — value us$, 2015 prices in 2023.
Compared with earlier readings it is down 1.6% on the previous year and up 5.6% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Belgium peaked at 60,748 million USD in 2019 and was at its lowest, 23,117 million USD, in 1970.
Belgium ranks 42nd of 236 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in Belgium, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 23,117 million USD | — |
| 1971 | 24,042 million USD | +4.0% |
| 1972 | 25,933 million USD | +7.9% |
| 1973 | 28,235 million USD | +8.9% |
| 1974 | 29,291 million USD | +3.7% |
| 1975 | 27,393 million USD | -6.5% |
| 1976 | 29,808 million USD | +8.8% |
| 1977 | 30,010 million USD | +0.7% |
| 1978 | 30,805 million USD | +2.6% |
| 1979 | 32,098 million USD | +4.2% |
| 1980 | 32,707 million USD | +1.9% |
| 1981 | 32,610 million USD | -0.3% |
| 1982 | 33,904 million USD | +4.0% |
| 1983 | 35,637 million USD | +5.1% |
| 1984 | 36,719 million USD | +3.0% |
| 1985 | 37,532 million USD | +2.2% |
| 1986 | 37,640 million USD | +0.3% |
| 1987 | 37,456 million USD | -0.5% |
| 1988 | 39,512 million USD | +5.5% |
| 1989 | 42,063 million USD | +6.5% |
| 1990 | 43,112 million USD | +2.5% |
| 1991 | 42,868 million USD | -0.6% |
| 1992 | 42,484 million USD | -0.9% |
| 1993 | 41,332 million USD | -2.7% |
| 1994 | 43,154 million USD | +4.4% |
| 1995 | 44,247 million USD | +2.5% |
| 1996 | 45,508 million USD | +2.8% |
| 1997 | 48,364 million USD | +6.3% |
| 1998 | 49,819 million USD | +3.0% |
| 1999 | 50,185 million USD | +0.7% |
| 2000 | 53,025 million USD | +5.7% |
| 2001 | 53,401 million USD | +0.7% |
| 2002 | 53,625 million USD | +0.4% |
| 2003 | 53,518 million USD | -0.2% |
| 2004 | 56,242 million USD | +5.1% |
| 2005 | 57,731 million USD | +2.6% |
| 2006 | 56,391 million USD | -2.3% |
| 2007 | 59,968 million USD | +6.3% |
| 2008 | 57,964 million USD | -3.3% |
| 2009 | 53,488 million USD | -7.7% |
| 2010 | 55,693 million USD | +4.1% |
| 2011 | 56,036 million USD | +0.6% |
| 2012 | 55,105 million USD | -1.7% |
| 2013 | 56,229 million USD | +2.0% |
| 2014 | 57,134 million USD | +1.6% |
| 2015 | 57,943 million USD | +1.4% |
| 2016 | 56,788 million USD | -2.0% |
| 2017 | 58,220 million USD | +2.5% |
| 2018 | 58,944 million USD | +1.2% |
| 2019 | 60,748 million USD | +3.1% |
| 2020 | 56,594 million USD | -6.8% |
| 2021 | 53,720 million USD | -5.1% |
| 2022 | 60,342 million USD | +12.3% |
| 2023 | 59,386 million USD | -1.6% |
Belgium compared with similar countries
- Belgium's 59,386 million USD is above the median for high income countries, which is 9,626 million USD, 6.2× the median. (73 countries reporting)
- Belgium's 59,386 million USD is above the median for Europe & Central Asia, which is 12,800 million USD, 4.6× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28,073 million USD | 23,117 million USD | 32,098 million USD | 10 |
| 1980s | 36,578 million USD | 32,610 million USD | 42,063 million USD | 10 |
| 1990s | 45,107 million USD | 41,332 million USD | 50,185 million USD | 10 |
| 2000s | 55,535 million USD | 53,025 million USD | 59,968 million USD | 10 |
| 2010s | 57,284 million USD | 55,105 million USD | 60,748 million USD | 10 |
| 2020s | 57,510 million USD | 53,720 million USD | 60,342 million USD | 4 |
Countries ranked near Belgium
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 value added (total manufacturing) — value us$, 2015 prices in Belgium?
- Value added (total manufacturing) — value us$, 2015 prices in Belgium was 59,386 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Belgium?
- The highest recorded value was 60,748 million USD in 2019.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Belgium?
- The lowest recorded value was 23,117 million USD in 1970.
- How does Belgium rank for value added (total manufacturing) — value us$, 2015 prices?
- Belgium ranks 42nd out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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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).