Belgium - GNI

GNI, Atlas method (current US$)

The latest value for GNI, Atlas method (current US$) in Belgium was $528,771,000,000 as of 2020. Over the past 58 years, the value for this indicator has fluctuated between $552,146,000,000 in 2019 and $13,405,550,000 in 1962.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

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

See also:

Year Value
1962 $13,405,550,000
1963 $14,226,170,000
1964 $15,668,570,000
1965 $17,067,200,000
1966 $18,553,180,000
1967 $20,097,050,000
1968 $21,872,540,000
1969 $24,221,710,000
1970 $26,939,400,000
1971 $29,788,310,000
1972 $35,350,540,000
1973 $45,680,740,000
1974 $58,593,480,000
1975 $67,734,020,000
1976 $74,457,870,000
1977 $80,808,470,000
1978 $94,084,080,000
1979 $115,563,000,000
1980 $137,826,000,000
1981 $130,080,000,000
1982 $110,218,000,000
1983 $92,902,070,000
1984 $87,358,380,000
1985 $86,990,550,000
1986 $100,256,000,000
1987 $129,247,000,000
1988 $168,426,000,000
1989 $179,183,000,000
1990 $192,494,000,000
1991 $205,932,000,000
1992 $232,729,000,000
1993 $236,051,000,000
1994 $253,795,000,000
1995 $274,407,000,000
1996 $289,995,000,000
1997 $289,648,000,000
1998 $270,641,000,000
1999 $265,718,000,000
2000 $265,413,000,000
2001 $251,586,000,000
2002 $248,631,000,000
2003 $281,156,000,000
2004 $342,924,000,000
2005 $395,909,000,000
2006 $421,244,000,000
2007 $454,104,000,000
2008 $498,712,000,000
2009 $507,226,000,000
2010 $513,017,000,000
2011 $513,216,000,000
2012 $523,506,000,000
2013 $534,535,000,000
2014 $536,066,000,000
2015 $513,774,000,000
2016 $491,770,000,000
2017 $483,618,000,000
2018 $526,399,000,000
2019 $552,146,000,000
2020 $528,771,000,000

GNI (current US$)

The latest value for GNI (current US$) in Belgium was $527,385,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $548,082,000,000 in 2018 and $11,807,650,000 in 1960.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.

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

See also:

Year Value
1960 $11,807,650,000
1961 $12,526,320,000
1962 $13,375,870,000
1963 $14,357,590,000
1964 $16,056,230,000
1965 $17,501,630,000
1966 $18,795,960,000
1967 $20,151,870,000
1968 $21,553,810,000
1969 $23,898,240,000
1970 $27,089,800,000
1971 $30,210,250,000
1972 $37,705,550,000
1973 $48,300,140,000
1974 $56,680,050,000
1975 $66,428,490,000
1976 $71,947,320,000
1977 $83,582,820,000
1978 $102,037,000,000
1979 $116,683,000,000
1980 $126,898,000,000
1981 $104,871,000,000
1982 $91,784,990,000
1983 $86,845,300,000
1984 $83,204,010,000
1985 $86,372,090,000
1986 $120,265,000,000
1987 $150,162,000,000
1988 $163,105,000,000
1989 $164,539,000,000
1990 $205,980,000,000
1991 $211,977,000,000
1992 $236,359,000,000
1993 $228,458,000,000
1994 $250,883,000,000
1995 $294,350,000,000
1996 $285,695,000,000
1997 $258,857,000,000
1998 $264,807,000,000
1999 $264,262,000,000
2000 $242,895,000,000
2001 $241,175,000,000
2002 $262,849,000,000
2003 $324,156,000,000
2004 $374,341,000,000
2005 $390,533,000,000
2006 $414,131,000,000
2007 $477,473,000,000
2008 $529,911,000,000
2009 $492,241,000,000
2010 $488,810,000,000
2011 $524,168,000,000
2012 $507,666,000,000
2013 $534,645,000,000
2014 $546,624,000,000
2015 $468,879,000,000
2016 $480,629,000,000
2017 $507,374,000,000
2018 $548,082,000,000
2019 $540,432,000,000
2020 $527,385,000,000

GNI (current LCU)

The value for GNI (current LCU) in Belgium was 461,729,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 482,755,000,000 in 2019 and a minimum value of 14,635,200,000 in 1960.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.

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

Year Value
1960 14,635,200,000
1961 15,525,970,000
1962 16,578,950,000
1963 17,795,770,000
1964 19,901,180,000
1965 21,692,700,000
1966 23,296,980,000
1967 24,977,590,000
1968 26,715,250,000
1969 29,621,090,000
1970 33,577,810,000
1971 36,738,690,000
1972 41,140,520,000
1973 46,667,600,000
1974 54,730,260,000
1975 60,562,850,000
1976 68,853,590,000
1977 74,263,330,000
1978 79,660,050,000
1979 84,804,980,000
1980 91,988,420,000
1981 96,523,190,000
1982 103,956,000,000
1983 110,076,000,000
1984 119,181,000,000
1985 127,131,000,000
1986 133,181,000,000
1987 138,975,000,000
1988 148,670,000,000
1989 160,722,000,000
1990 170,634,000,000
1991 179,439,000,000
1992 188,378,000,000
1993 195,925,000,000
1994 208,082,000,000
1995 215,111,000,000
1996 219,271,000,000
1997 229,555,000,000
1998 238,273,000,000
1999 247,952,000,000
2000 262,984,000,000
2001 269,280,000,000
2002 277,978,000,000
2003 286,570,000,000
2004 300,941,000,000
2005 313,911,000,000
2006 329,828,000,000
2007 348,399,000,000
2008 360,298,000,000
2009 352,916,000,000
2010 368,714,000,000
2011 376,569,000,000
2012 395,136,000,000
2013 402,559,000,000
2014 411,459,000,000
2015 422,599,000,000
2016 434,211,000,000
2017 449,130,000,000
2018 464,101,000,000
2019 482,755,000,000
2020 461,729,000,000

GNI (constant 2010 US$)

The latest value for GNI (constant 2010 US$) in Belgium was 471,806,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 499,609,000,000 in 2019 and 174,477,000,000 in 1970.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
1970 174,477,000,000
1971 181,192,000,000
1972 190,853,000,000
1973 202,736,000,000
1974 211,939,000,000
1975 207,759,000,000
1976 219,539,000,000
1977 220,401,000,000
1978 226,444,000,000
1979 230,825,000,000
1980 240,614,000,000
1981 240,349,000,000
1982 240,770,000,000
1983 241,348,000,000
1984 247,851,000,000
1985 252,738,000,000
1986 257,483,000,000
1987 264,168,000,000
1988 276,593,000,000
1989 285,473,000,000
1990 294,855,000,000
1991 301,354,000,000
1992 305,914,000,000
1993 305,933,000,000
1994 318,115,000,000
1995 324,923,000,000
1996 329,618,000,000
1997 342,473,000,000
1998 349,197,000,000
1999 361,146,000,000
2000 375,394,000,000
2001 376,846,000,000
2002 382,755,000,000
2003 387,412,000,000
2004 399,098,000,000
2005 407,761,000,000
2006 418,927,000,000
2007 434,128,000,000
2008 440,374,000,000
2009 429,259,000,000
2010 440,048,000,000
2011 441,444,000,000
2012 454,178,000,000
2013 456,926,000,000
2014 462,523,000,000
2015 468,879,000,000
2016 472,712,000,000
2017 480,147,000,000
2018 488,701,000,000
2019 499,609,000,000
2020 471,806,000,000

GNI (constant LCU)

The value for GNI (constant LCU) in Belgium was 425,237,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 450,296,000,000 in 2019 and a minimum value of 157,255,000,000 in 1970.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.

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

Year Value
1970 157,255,000,000
1971 163,308,000,000
1972 172,015,000,000
1973 182,725,000,000
1974 191,019,000,000
1975 187,252,000,000
1976 197,869,000,000
1977 198,646,000,000
1978 204,093,000,000
1979 208,042,000,000
1980 216,865,000,000
1981 216,626,000,000
1982 217,005,000,000
1983 217,526,000,000
1984 223,387,000,000
1985 227,792,000,000
1986 232,068,000,000
1987 238,094,000,000
1988 249,292,000,000
1989 257,296,000,000
1990 265,752,000,000
1991 271,610,000,000
1992 275,719,000,000
1993 275,736,000,000
1994 286,716,000,000
1995 292,852,000,000
1996 297,084,000,000
1997 308,670,000,000
1998 314,730,000,000
1999 325,500,000,000
2000 338,342,000,000
2001 339,650,000,000
2002 344,976,000,000
2003 349,173,000,000
2004 359,705,000,000
2005 367,514,000,000
2006 377,577,000,000
2007 391,278,000,000
2008 396,908,000,000
2009 386,889,000,000
2010 396,613,000,000
2011 397,872,000,000
2012 409,349,000,000
2013 411,826,000,000
2014 416,870,000,000
2015 422,599,000,000
2016 426,054,000,000
2017 432,755,000,000
2018 440,465,000,000
2019 450,296,000,000
2020 425,237,000,000

GNI, PPP (current international $)

The latest value for GNI, PPP (current international $) in Belgium was 619,359,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 629,492,000,000 in 2019 and 186,759,000,000 in 1990.

Definition: PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. 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 186,759,000,000
1991 197,360,000,000
1992 204,897,000,000
1993 209,780,000,000
1994 222,887,000,000
1995 232,410,000,000
1996 236,318,000,000
1997 247,504,000,000
1998 254,675,000,000
1999 266,229,000,000
2000 292,167,000,000
2001 301,670,000,000
2002 318,308,000,000
2003 327,092,000,000
2004 338,773,000,000
2005 352,002,000,000
2006 377,261,000,000
2007 396,370,000,000
2008 415,598,000,000
2009 415,141,000,000
2010 440,744,000,000
2011 452,656,000,000
2012 480,620,000,000
2013 499,350,000,000
2014 514,187,000,000
2015 528,250,000,000
2016 555,960,000,000
2017 579,049,000,000
2018 605,554,000,000
2019 629,492,000,000
2020 619,359,000,000

GNI, PPP (constant 2011 international $)

The latest value for GNI, PPP (constant 2011 international $) in Belgium was 568,989,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 602,519,000,000 in 2019 and 355,590,000,000 in 1990.

Definition: PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 355,590,000,000
1991 363,428,000,000
1992 368,926,000,000
1993 368,950,000,000
1994 383,641,000,000
1995 391,851,000,000
1996 397,514,000,000
1997 413,016,000,000
1998 421,125,000,000
1999 435,536,000,000
2000 452,719,000,000
2001 454,470,000,000
2002 461,595,000,000
2003 467,212,000,000
2004 481,305,000,000
2005 491,753,000,000
2006 505,218,000,000
2007 523,550,000,000
2008 531,083,000,000
2009 517,678,000,000
2010 530,689,000,000
2011 532,373,000,000
2012 547,730,000,000
2013 551,045,000,000
2014 557,794,000,000
2015 565,459,000,000
2016 570,082,000,000
2017 579,049,000,000
2018 589,364,000,000
2019 602,519,000,000
2020 568,989,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts