Belgium - Industry

Industry, value added per worker (constant 2010 US$)

The latest value for Industry, value added per worker (constant 2010 US$) in Belgium was 92,388 as of 2019. Over the past 24 years, the value for this indicator has fluctuated between 93,771 in 2017 and 60,619 in 1995.

Definition: Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Industry corresponds to the International Standard Industrial Classification (ISIC) tabulation categories C-F (revision 3) or tabulation categories B-F (revision 4), and includes mining and quarrying (including oil production), manufacturing, construction, and public utilities (electricity, gas, and water).

Source: Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.

See also:

Year Value
1995 60,619
1996 63,525
1997 66,758
1998 68,248
1999 70,961
2000 72,763
2001 75,434
2002 74,462
2003 77,376
2004 79,277
2005 80,242
2006 80,308
2007 82,786
2008 79,187
2009 79,521
2010 82,299
2011 83,233
2012 86,967
2013 86,924
2014 90,610
2015 92,688
2016 91,897
2017 93,771
2018 90,405
2019 92,388

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Belgium was $101,628,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $111,719,000,000 in 2008 and $57,558,080,000 in 2001.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 U.S. dollars.

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

See also:

Year Value
1995 $75,018,610,000
1996 $72,064,370,000
1997 $65,981,730,000
1998 $66,107,470,000
1999 $63,853,440,000
2000 $59,065,110,000
2001 $57,558,080,000
2002 $61,462,580,000
2003 $73,879,930,000
2004 $84,771,690,000
2005 $87,070,390,000
2006 $90,388,420,000
2007 $104,931,000,000
2008 $111,719,000,000
2009 $99,550,500,000
2010 $100,591,000,000
2011 $108,737,000,000
2012 $99,603,880,000
2013 $103,728,000,000
2014 $105,337,000,000
2015 $90,940,890,000
2016 $91,824,030,000
2017 $96,708,620,000
2018 $102,856,000,000
2019 $102,680,000,000
2020 $101,628,000,000

Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Belgium was 88,975,700,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 91,721,400,000 in 2019 and a minimum value of 54,823,600,000 in 1995.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 54,823,600,000
1996 55,309,400,000
1997 58,512,600,000
1998 59,483,500,000
1999 59,912,600,000
2000 63,950,100,000
2001 64,265,500,000
2002 65,000,300,000
2003 65,313,400,000
2004 68,149,800,000
2005 69,987,200,000
2006 71,988,300,000
2007 76,565,000,000
2008 75,960,500,000
2009 71,373,500,000
2010 75,876,600,000
2011 78,118,200,000
2012 77,525,500,000
2013 78,101,400,000
2014 79,290,200,000
2015 81,964,700,000
2016 82,955,800,000
2017 85,607,000,000
2018 87,095,400,000
2019 91,721,400,000
2020 88,975,700,000

Industry, value added (constant 2010 US$)

The latest value for Industry, value added (constant 2010 US$) in Belgium was 91,496,760,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 94,414,450,000 in 2019 and 65,151,260,000 in 1995.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 constant 2010 U.S. dollars.

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

See also:

Year Value
1995 65,151,260,000
1996 66,714,680,000
1997 70,667,210,000
1998 71,783,270,000
1999 72,978,870,000
2000 77,413,930,000
2001 77,744,570,000
2002 77,770,420,000
2003 78,026,720,000
2004 81,815,590,000
2005 83,761,570,000
2006 84,351,490,000
2007 88,432,840,000
2008 86,648,180,000
2009 82,329,850,000
2010 86,272,170,000
2011 87,417,080,000
2012 85,808,620,000
2013 85,672,370,000
2014 88,396,890,000
2015 90,940,890,000
2016 90,165,570,000
2017 91,158,130,000
2018 91,383,470,000
2019 94,414,450,000
2020 91,496,760,000

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Belgium was -3.09 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 6.08 in 2000 and a minimum value of -4.98 in 2009.

Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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.

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

See also:

Year Value
1996 2.40
1997 5.92
1998 1.58
1999 1.67
2000 6.08
2001 0.43
2002 0.03
2003 0.33
2004 4.86
2005 2.38
2006 0.70
2007 4.84
2008 -2.02
2009 -4.98
2010 4.79
2011 1.33
2012 -1.84
2013 -0.16
2014 3.18
2015 2.88
2016 -0.85
2017 1.10
2018 0.25
2019 3.32
2020 -3.09

Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Belgium was 82,465,700,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 85,095,400,000 in 2019 and a minimum value of 58,720,600,000 in 1995.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 constant local currency.

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

Year Value
1995 58,720,600,000
1996 60,129,700,000
1997 63,692,100,000
1998 64,698,000,000
1999 65,775,600,000
2000 69,772,900,000
2001 70,070,900,000
2002 70,094,200,000
2003 70,325,200,000
2004 73,740,100,000
2005 75,494,000,000
2006 76,025,700,000
2007 79,704,200,000
2008 78,095,700,000
2009 74,203,600,000
2010 77,756,800,000
2011 78,788,700,000
2012 77,339,000,000
2013 77,216,200,000
2014 79,671,800,000
2015 81,964,700,000
2016 81,265,900,000
2017 82,160,500,000
2018 82,363,600,000
2019 85,095,400,000
2020 82,465,700,000

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Belgium was 19.47 as of 2020. Its highest value over the past 25 years was 26.11 in 1997, while its lowest value was 18.93 in 2018.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 or 4.

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

See also:

Year Value
1995 26.05
1996 25.81
1997 26.11
1998 25.57
1999 24.73
2000 24.94
2001 24.31
2002 23.79
2003 23.23
2004 22.96
2005 22.57
2006 22.14
2007 22.28
2008 21.60
2009 20.60
2010 20.89
2011 20.78
2012 20.08
2013 19.88
2014 19.67
2015 19.67
2016 19.29
2017 19.24
2018 18.93
2019 19.18
2020 19.47

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts