Belgium - Manufacturing, value added (current LCU)

The value for Manufacturing, value added (current LCU) in Belgium was 56,560,900,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 58,796,800,000 in 2019 and a minimum value of 38,595,900,000 in 1995.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

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

Year Value
1995 38,595,900,000
1996 38,931,800,000
1997 41,233,400,000
1998 42,242,700,000
1999 41,936,400,000
2000 44,958,100,000
2001 45,044,100,000
2002 45,892,200,000
2003 45,555,100,000
2004 47,758,100,000
2005 49,205,900,000
2006 48,833,000,000
2007 51,750,100,000
2008 49,218,500,000
2009 44,757,500,000
2010 48,437,800,000
2011 48,609,100,000
2012 48,751,500,000
2013 49,356,100,000
2014 50,636,100,000
2015 52,893,300,000
2016 53,145,400,000
2017 55,315,800,000
2018 55,994,800,000
2019 58,796,800,000
2020 56,560,900,000

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts