Belgium - Gross national expenditure (current LCU)

The value for Gross national expenditure (current LCU) in Belgium was 450,468,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 475,027,000,000 in 2019 and a minimum value of 32,316,580,000 in 1970.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.

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

Year Value
1970 32,316,580,000
1971 35,516,750,000
1972 39,140,500,000
1973 45,258,420,000
1974 54,405,630,000
1975 60,096,000,000
1976 68,524,200,000
1977 74,897,780,000
1978 80,684,850,000
1979 87,145,430,000
1980 95,731,680,000
1981 99,226,670,000
1982 106,847,000,000
1983 110,262,000,000
1984 118,989,000,000
1985 125,815,000,000
1986 129,809,000,000
1987 135,835,000,000
1988 144,689,000,000
1989 157,513,000,000
1990 167,986,000,000
1991 175,511,000,000
1992 182,811,000,000
1993 186,723,000,000
1994 195,856,000,000
1995 202,385,000,000
1996 207,490,000,000
1997 215,397,000,000
1998 224,157,000,000
1999 232,722,000,000
2000 249,032,000,000
2001 254,694,000,000
2002 258,015,000,000
2003 266,135,000,000
2004 282,293,000,000
2005 297,523,000,000
2006 312,007,000,000
2007 329,410,000,000
2008 349,377,000,000
2009 338,636,000,000
2010 356,958,000,000
2011 376,340,000,000
2012 385,932,000,000
2013 389,745,000,000
2014 399,704,000,000
2015 410,793,000,000
2016 424,949,000,000
2017 440,426,000,000
2018 461,140,000,000
2019 475,027,000,000
2020 450,468,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts