GDP (current US$), annual growth rate in Belgium

Belgium: GDP (current US$), annual growth rate was 3.09 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.09 % change on previous year
Change on year
down 64.1%
World rank
159th
of 211 countries
All-time high
39.12 % change on previous year
in 1986
All-time low
-17.42 % change on previous year
in 1981
Years of data
54
1971–2024

GDP (current US$), annual growth rate in Belgium, 1971–2024

-2002040197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gdp (current us$), annual growth rate in Belgium stood at 3.09 % change on previous year.

The figure is down 64.1% on the previous year and up 16.5% over ten years.

Over the whole period, gdp (current us$), annual growth rate in Belgium peaked at 39.12 % change on previous year in 1986 and was at its lowest, -17.42 % change on previous year, in 1981.

That places Belgium 159th out of 211 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (current US$), annual growth rate in Belgium, year by year

Annual values for GDP (current US$), annual growth rate in Belgium, 1971 to 2024.
Year % change on previous year Change
1971 11.67 % change on previous year
1972 24.77 % change on previous year +112.4%
1973 28.31 % change on previous year +14.3%
1974 17.36 % change on previous year -38.7%
1975 17.21 % change on previous year -0.9%
1976 8.28 % change on previous year -51.9%
1977 16.49 % change on previous year +99.2%
1978 22.22 % change on previous year +34.8%
1979 14.88 % change on previous year -33.0%
1980 9.04 % change on previous year -39.3%
1981 -17.42 % change on previous year -292.8%
1982 -12.06 % change on previous year -30.8%
1983 -5.33 % change on previous year -55.8%
1984 -4.4 % change on previous year -17.5%
1985 3.5 % change on previous year -179.6%
1986 39.12 % change on previous year +1017.2%
1987 24.48 % change on previous year -37.4%
1988 8.64 % change on previous year -64.7%
1989 1.18 % change on previous year -86.3%
1990 25.03 % change on previous year +2013.9%
1991 2.52 % change on previous year -89.9%
1992 11.53 % change on previous year +357.1%
1993 -4.28 % change on previous year -137.2%
1994 8.97 % change on previous year -309.4%
1995 17.62 % change on previous year +96.4%
1996 -3.06 % change on previous year -117.4%
1997 -9.49 % change on previous year +209.7%
1998 2.3 % change on previous year -124.3%
1999 -0.1091 % change on previous year -104.7%
2000 -8.31 % change on previous year +7516.1%
2001 -0.0194 % change on previous year -99.8%
2002 9.14 % change on previous year -47148.3%
2003 23.1 % change on previous year +152.8%
2004 16.08 % change on previous year -30.4%
2005 4.47 % change on previous year -72.2%
2006 5.84 % change on previous year +30.8%
2007 15.35 % change on previous year +162.6%
2008 9.85 % change on previous year -35.8%
2009 -6.25 % change on previous year -163.4%
2010 -0.713 % change on previous year -88.6%
2011 9.48 % change on previous year -1429.3%
2012 -5.46 % change on previous year -157.6%
2013 5.15 % change on previous year -194.4%
2014 2.65 % change on previous year -48.6%
2015 -14.3 % change on previous year -639.6%
2016 2.87 % change on previous year -120.1%
2017 5.62 % change on previous year +95.8%
2018 8.33 % change on previous year +48.3%
2019 -1.09 % change on previous year -113.1%
2020 -1.31 % change on previous year +20.2%
2021 12.99 % change on previous year -1091.8%
2022 -0.8199 % change on previous year -106.3%
2023 8.6 % change on previous year -1148.7%
2024 3.09 % change on previous year -64.1%

Belgium compared with similar countries

  • Belgium's 3.09 % change on previous year is below the median for high income countries, which is 5.39 % change on previous year, 57% of the median. (82 countries reporting)
  • Belgium's 3.09 % change on previous year is below the median for Europe & Central Asia, which is 5.96 % change on previous year, 52% of the median. (55 countries reporting)

Biggest year-on-year movements

Years where GDP (current US$), annual growth rate in Belgium changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2002 +47148.3% -0.0194 % change on previous year 9.14 % change on previous year
2000 -7516.1% -0.1091 % change on previous year -8.31 % change on previous year
1990 +2013.9% 1.18 % change on previous year 25.03 % change on previous year
2011 +1429.3% -0.713 % change on previous year 9.48 % change on previous year
2023 +1148.7% -0.8199 % change on previous year 8.6 % change on previous year
2021 +1091.8% -1.31 % change on previous year 12.99 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 17.91 % change on previous year 8.28 % change on previous year 28.31 % change on previous year 9
1980s 4.67 % change on previous year -17.42 % change on previous year 39.12 % change on previous year 10
1990s 5.1 % change on previous year -9.49 % change on previous year 25.03 % change on previous year 10
2000s 6.93 % change on previous year -8.31 % change on previous year 23.1 % change on previous year 10
2010s 1.25 % change on previous year -14.3 % change on previous year 9.48 % change on previous year 10
2020s 4.51 % change on previous year -1.31 % change on previous year 12.99 % change on previous year 5

Countries ranked near Belgium

  1. 156 Canada 3.12 % change on previous year compare
  2. 157 Paraguay 3.11 % change on previous year compare
  3. 158 Vanuatu 3.1 % change on previous year compare
  4. 160 Germany 2.97 % change on previous year compare
  5. 161 Italy 2.96 % change on previous year compare
  6. 162 Ecuador 2.91 % change on previous year compare

See the full ranking of 211 places →

More population data for Belgium

All data for Belgium →

Frequently asked questions

What is gdp (current us$), annual growth rate in Belgium?
Gdp (current us$), annual growth rate in Belgium was 3.09 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (current us$), annual growth rate recorded in Belgium?
The highest recorded value was 39.12 % change on previous year in 1986.
What is the lowest gdp (current us$), annual growth rate recorded in Belgium?
The lowest recorded value was -17.42 % change on previous year in 1981.
How does Belgium rank for gdp (current us$), annual growth rate?
Belgium ranks 159th out of 211 countries with data for 2024.
Is gdp (current us$), annual growth rate rising or falling in Belgium?
Over the last ten years it is up 16.5%. The long-run trend across the full record is volatile.
Where does this Belgium data come from?
The figures come from Statizoid (derived), published as part of GDP (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (current US$), annual growth rate in Belgium. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-current-us-annual-growth-rate-2/belgium/

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How this figure is calculated

The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,102 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.