Belgium - GDP

GDP (current US$)

The latest value for GDP (current US$) in Belgium was $521,861,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $543,274,000,000 in 2018 and $11,658,720,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $11,658,720,000
1961 $12,400,150,000
1962 $13,264,020,000
1963 $14,260,020,000
1964 $15,960,110,000
1965 $17,371,460,000
1966 $18,651,880,000
1967 $19,992,040,000
1968 $21,376,350,000
1969 $23,710,740,000
1970 $26,706,200,000
1971 $29,821,660,000
1972 $37,209,420,000
1973 $47,743,800,000
1974 $56,033,080,000
1975 $65,678,190,000
1976 $71,113,880,000
1977 $82,839,900,000
1978 $101,247,000,000
1979 $116,315,000,000
1980 $126,829,000,000
1981 $104,730,000,000
1982 $92,095,920,000
1983 $87,184,240,000
1984 $83,349,530,000
1985 $86,268,260,000
1986 $120,019,000,000
1987 $149,394,000,000
1988 $162,299,000,000
1989 $164,221,000,000
1990 $205,332,000,000
1991 $210,511,000,000
1992 $234,782,000,000
1993 $224,722,000,000
1994 $244,884,000,000
1995 $288,026,000,000
1996 $279,201,000,000
1997 $252,708,000,000
1998 $258,528,000,000
1999 $258,246,000,000
2000 $236,792,000,000
2001 $236,746,000,000
2002 $258,384,000,000
2003 $318,083,000,000
2004 $369,215,000,000
2005 $385,715,000,000
2006 $408,260,000,000
2007 $470,922,000,000
2008 $517,328,000,000
2009 $483,254,000,000
2010 $481,421,000,000
2011 $523,330,000,000
2012 $496,153,000,000
2013 $521,791,000,000
2014 $535,390,000,000
2015 $462,336,000,000
2016 $476,063,000,000
2017 $502,765,000,000
2018 $543,274,000,000
2019 $535,289,000,000
2020 $521,861,000,000

GDP (current LCU)

The value for GDP (current LCU) in Belgium was 456,893,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 478,161,000,000 in 2019 and a minimum value of 14,450,610,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 14,450,610,000
1961 15,369,580,000
1962 16,440,320,000
1963 17,674,830,000
1964 19,782,040,000
1965 21,531,360,000
1966 23,118,410,000
1967 24,779,490,000
1968 26,495,300,000
1969 29,388,690,000
1970 33,102,330,000
1971 36,266,120,000
1972 40,599,200,000
1973 46,130,060,000
1974 54,105,540,000
1975 59,878,810,000
1976 68,055,990,000
1977 73,603,250,000
1978 79,043,170,000
1979 84,538,070,000
1980 91,938,570,000
1981 96,393,510,000
1982 104,308,000,000
1983 110,506,000,000
1984 119,390,000,000
1985 126,978,000,000
1986 132,909,000,000
1987 138,265,000,000
1988 147,936,000,000
1989 160,411,000,000
1990 170,097,000,000
1991 178,198,000,000
1992 187,121,000,000
1993 192,721,000,000
1994 203,107,000,000
1995 210,489,000,000
1996 214,287,000,000
1997 224,102,000,000
1998 232,624,000,000
1999 242,308,000,000
2000 256,376,000,000
2001 264,335,000,000
2002 273,256,000,000
2003 281,200,000,000
2004 296,820,000,000
2005 310,038,000,000
2006 325,152,000,000
2007 343,619,000,000
2008 351,743,000,000
2009 346,473,000,000
2010 363,140,000,000
2011 375,968,000,000
2012 386,175,000,000
2013 392,880,000,000
2014 403,003,000,000
2015 416,701,000,000
2016 430,085,000,000
2017 445,050,000,000
2018 460,029,000,000
2019 478,161,000,000
2020 456,893,000,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Belgium was 456,893,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 478,161,000,000 in 2019 and 170,097,000,000 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 170,097,000,000
1991 178,198,000,000
1992 187,121,000,000
1993 192,721,000,000
1994 203,107,000,000
1995 210,489,000,000
1996 214,287,000,000
1997 224,102,000,000
1998 232,624,000,000
1999 242,308,000,000
2000 256,376,000,000
2001 264,335,000,000
2002 273,256,000,000
2003 281,200,000,000
2004 296,820,000,000
2005 310,038,000,000
2006 325,152,000,000
2007 343,619,000,000
2008 351,743,000,000
2009 346,473,000,000
2010 363,140,000,000
2011 375,968,000,000
2012 386,175,000,000
2013 392,880,000,000
2014 403,003,000,000
2015 416,701,000,000
2016 430,085,000,000
2017 445,050,000,000
2018 460,029,000,000
2019 478,161,000,000
2020 456,893,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Belgium was 466,837,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 494,843,000,000 in 2019 and 107,410,000,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 107,410,000,000
1961 112,757,000,000
1962 118,634,000,000
1963 123,797,000,000
1964 132,409,000,000
1965 137,123,000,000
1966 141,451,000,000
1967 146,922,000,000
1968 153,084,000,000
1969 163,234,000,000
1970 172,347,000,000
1971 179,216,000,000
1972 188,707,000,000
1973 200,749,000,000
1974 209,914,000,000
1975 205,787,000,000
1976 217,420,000,000
1977 218,781,000,000
1978 224,999,000,000
1979 230,266,000,000
1980 240,499,000,000
1981 239,828,000,000
1982 241,255,000,000
1983 242,007,000,000
1984 247,976,000,000
1985 252,072,000,000
1986 256,667,000,000
1987 262,587,000,000
1988 274,990,000,000
1989 284,529,000,000
1990 293,456,000,000
1991 298,835,000,000
1992 303,410,000,000
1993 300,491,000,000
1994 310,188,000,000
1995 317,585,000,000
1996 321,782,000,000
1997 333,989,000,000
1998 340,541,000,000
1999 352,606,000,000
2000 365,711,000,000
2001 369,733,000,000
2002 376,044,000,000
2003 379,947,000,000
2004 393,515,000,000
2005 402,652,000,000
2006 412,929,000,000
2007 428,112,000,000
2008 430,025,000,000
2009 421,336,000,000
2010 433,404,000,000
2011 440,748,000,000
2012 444,006,000,000
2013 446,045,000,000
2014 453,086,000,000
2015 462,336,000,000
2016 468,192,000,000
2017 475,775,000,000
2018 484,430,000,000
2019 494,843,000,000
2020 466,837,000,000

GDP (constant LCU)

The value for GDP (constant LCU) in Belgium was 420,758,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 446,000,000,000 in 2019 and a minimum value of 96,808,110,000 in 1960.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 96,808,110,000
1961 101,628,000,000
1962 106,924,000,000
1963 111,577,000,000
1964 119,339,000,000
1965 123,589,000,000
1966 127,489,000,000
1967 132,421,000,000
1968 137,974,000,000
1969 147,122,000,000
1970 155,335,000,000
1971 161,527,000,000
1972 170,081,000,000
1973 180,935,000,000
1974 189,195,000,000
1975 185,475,000,000
1976 195,960,000,000
1977 197,187,000,000
1978 202,791,000,000
1979 207,538,000,000
1980 216,761,000,000
1981 216,156,000,000
1982 217,442,000,000
1983 218,120,000,000
1984 223,500,000,000
1985 227,192,000,000
1986 231,333,000,000
1987 236,669,000,000
1988 247,847,000,000
1989 256,445,000,000
1990 264,491,000,000
1991 269,339,000,000
1992 273,462,000,000
1993 270,832,000,000
1994 279,571,000,000
1995 286,238,000,000
1996 290,021,000,000
1997 301,023,000,000
1998 306,929,000,000
1999 317,803,000,000
2000 329,614,000,000
2001 333,239,000,000
2002 338,927,000,000
2003 342,445,000,000
2004 354,674,000,000
2005 362,909,000,000
2006 372,171,000,000
2007 385,856,000,000
2008 387,580,000,000
2009 379,748,000,000
2010 390,625,000,000
2011 397,245,000,000
2012 400,181,000,000
2013 402,019,000,000
2014 408,365,000,000
2015 416,701,000,000
2016 421,980,000,000
2017 428,814,000,000
2018 436,615,000,000
2019 446,000,000,000
2020 420,758,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Belgium was 612,872,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 623,501,000,000 in 2019 and 186,171,000,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 186,171,000,000
1991 195,995,000,000
1992 203,530,000,000
1993 206,350,000,000
1994 217,558,000,000
1995 227,416,000,000
1996 230,946,000,000
1997 241,624,000,000
1998 248,636,000,000
1999 260,169,000,000
2000 284,827,000,000
2001 296,130,000,000
2002 312,900,000,000
2003 320,963,000,000
2004 334,134,000,000
2005 347,658,000,000
2006 371,912,000,000
2007 390,932,000,000
2008 405,729,000,000
2009 407,562,000,000
2010 434,081,000,000
2011 451,933,000,000
2012 469,721,000,000
2013 487,344,000,000
2014 503,619,000,000
2015 520,878,000,000
2016 550,678,000,000
2017 573,789,000,000
2018 600,242,000,000
2019 623,501,000,000
2020 612,872,000,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Belgium was 563,009,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 596,785,000,000 in 2019 and 353,911,000,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 353,911,000,000
1991 360,398,000,000
1992 365,915,000,000
1993 362,395,000,000
1994 374,090,000,000
1995 383,011,000,000
1996 388,072,000,000
1997 402,794,000,000
1998 410,696,000,000
1999 425,246,000,000
2000 441,051,000,000
2001 445,901,000,000
2002 453,512,000,000
2003 458,219,000,000
2004 474,583,000,000
2005 485,602,000,000
2006 497,996,000,000
2007 516,307,000,000
2008 518,615,000,000
2009 508,135,000,000
2010 522,689,000,000
2011 531,546,000,000
2012 535,475,000,000
2013 537,935,000,000
2014 546,426,000,000
2015 557,581,000,000
2016 564,644,000,000
2017 573,789,000,000
2018 584,227,000,000
2019 596,785,000,000
2020 563,009,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts