Gross value added at basic prices (GVA) in Belgium
Belgium: Gross value added at basic prices (GVA) was 477.72 billion constant LCU in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Belgium, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, gross value added at basic prices (gva) in Belgium stood at 477.72 billion constant LCU. That is the highest value across all 56 years on record.
The figure is up 0.9% on the previous year and up 17.1% over ten years.
Over the whole period, gross value added at basic prices (gva) in Belgium peaked at 477.72 billion constant LCU in 2025 and was at its lowest, 161.32 billion constant LCU, in 1970.
That places Belgium 101st out of 197 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 187.86 billion constant LCU | 161.32 billion constant LCU | 208.66 billion constant LCU | 10 |
| 1980s | 230.39 billion constant LCU | 217.44 billion constant LCU | 255.16 billion constant LCU | 10 |
| 1990s | 282.05 billion constant LCU | 263.44 billion constant LCU | 311.10 billion constant LCU | 10 |
| 2000s | 351.62 billion constant LCU | 322.26 billion constant LCU | 380.61 billion constant LCU | 10 |
| 2010s | 406.31 billion constant LCU | 383.79 billion constant LCU | 436.34 billion constant LCU | 10 |
| 2020s | 456.79 billion constant LCU | 418.00 billion constant LCU | 477.72 billion constant LCU | 6 |
Countries ranked near Belgium
More economy & growth data for Belgium
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -10.14 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -10.98 billion current US$ (2024)
- Taxes less subsidies on products 60.55 billion current LCU (2025)
- Taxes less subsidies on products 68.42 billion current US$ (2025)
- Net primary income (Net income from abroad) 10.13 billion current LCU (2024)
- Net primary income (Net income from abroad) 10.96 billion current US$ (2024)
- GNI per capita 54,441 current LCU (2025)
- GNI per capita, Atlas method 59,500 current US$ (2025)
- GNI 650.12 billion current LCU (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Belgium?
- Gross value added at basic prices (gva) in Belgium was 477.72 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Belgium?
- The highest recorded value was 477.72 billion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Belgium?
- The lowest recorded value was 161.32 billion constant LCU in 1970.
- How does Belgium rank for gross value added at basic prices (gva)?
- Belgium ranks 101st out of 197 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Belgium?
- Over the last ten years it is up 17.1%. The long-run trend across the full record is rising.
- Where does this Belgium data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.