Belgium - Industry

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Belgium was $92,533,470,000 as of 2016. Over the past 21 years, the value for this indicator has fluctuated between $112,887,000,000 in 2008 and $57,702,280,000 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 $75,701,150,000
1996 $72,745,280,000
1997 $66,625,510,000
1998 $66,773,060,000
1999 $64,524,080,000
2000 $59,052,610,000
2001 $57,702,280,000
2002 $61,418,030,000
2003 $73,694,920,000
2004 $84,653,830,000
2005 $86,937,080,000
2006 $91,342,740,000
2007 $105,247,000,000
2008 $112,887,000,000
2009 $99,374,830,000
2010 $100,230,000,000
2011 $108,640,000,000
2012 $100,012,000,000
2013 $103,557,000,000
2014 $104,564,000,000
2015 $90,357,890,000
2016 $92,533,470,000

Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Belgium was 83,653,500,000 as of 2016. As the graph below shows, over the past 21 years this indicator reached a maximum value of 83,653,500,000 in 2016 and a minimum value of 55,322,400,000 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 55,322,400,000
1996 55,832,000,000
1997 59,083,500,000
1998 60,082,400,000
1999 60,562,300,000
2000 64,095,700,000
2001 64,482,300,000
2002 65,262,800,000
2003 65,293,700,000
2004 68,180,200,000
2005 69,906,100,000
2006 72,809,300,000
2007 76,893,100,000
2008 77,068,200,000
2009 71,530,000,000
2010 75,678,400,000
2011 78,150,800,000
2012 77,838,900,000
2013 77,995,000,000
2014 78,813,400,000
2015 81,472,000,000
2016 83,653,500,000

Industry, value added (constant 2010 US$)

The latest value for Industry, value added (constant 2010 US$) in Belgium was 109,103,000,000 as of 2016. Over the past 21 years, the value for this indicator has fluctuated between 109,103,000,000 in 2016 and 73,092,550,000 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 73,092,550,000
1996 74,736,120,000
1997 79,660,430,000
1998 81,060,150,000
1999 82,847,600,000
2000 87,466,190,000
2001 88,391,170,000
2002 88,713,490,000
2003 88,873,930,000
2004 93,224,790,000
2005 95,047,480,000
2006 97,913,270,000
2007 102,348,000,000
2008 101,658,000,000
2009 95,825,870,000
2010 100,230,000,000
2011 102,741,000,000
2012 101,725,000,000
2013 101,791,000,000
2014 105,148,000,000
2015 108,340,000,000
2016 109,103,000,000

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Belgium was 0.70 as of 2016. As the graph below shows, over the past 20 years this indicator reached a maximum value of 6.59 in 1997 and a minimum value of -5.74 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 2.25
1997 6.59
1998 1.76
1999 2.21
2000 5.57
2001 1.06
2002 0.36
2003 0.18
2004 4.90
2005 1.96
2006 3.02
2007 4.53
2008 -0.67
2009 -5.74
2010 4.60
2011 2.51
2012 -0.99
2013 0.06
2014 3.30
2015 3.04
2016 0.70

Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Belgium was 82,378,040,000 as of 2016. As the graph below shows, over the past 21 years this indicator reached a maximum value of 82,378,040,000 in 2016 and a minimum value of 55,188,160,000 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 55,188,160,000
1996 56,429,130,000
1997 60,147,200,000
1998 61,204,060,000
1999 62,553,660,000
2000 66,040,910,000
2001 66,739,310,000
2002 66,982,680,000
2003 67,103,810,000
2004 70,388,910,000
2005 71,765,120,000
2006 73,928,920,000
2007 77,277,570,000
2008 76,756,170,000
2009 72,352,840,000
2010 75,678,400,000
2011 77,574,150,000
2012 76,807,050,000
2013 76,856,480,000
2014 79,391,530,000
2015 81,801,730,000
2016 82,378,040,000

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Belgium was 22.15 as of 2016. Its highest value over the past 21 years was 29.17 in 1997, while its lowest value was 22.01 in 2014.

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. Note: For VAB countries, gross value added at factor cost is used as the denominator.

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

See also:

Year Value
1995 28.96
1996 28.77
1997 29.17
1998 28.59
1999 27.76
2000 27.81
2001 27.03
2002 26.47
2003 25.73
2004 25.53
2005 25.10
2006 24.95
2007 24.97
2008 24.31
2009 22.88
2010 23.18
2011 23.01
2012 22.45
2013 22.23
2014 22.01
2015 22.17
2016 22.15

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts