GDP deflator (base year varies by country), annual growth rate in Belgium

Belgium: GDP deflator (base year varies by country), annual growth rate was 1.94 % change on previous year in 2024. ◆ Volatile

Latest (2024)
1.94 % change on previous year
Change on year
down 56.9%
World rank
166th
of 211 countries
All-time high
12.89 % change on previous year
in 1975
All-time low
0.4767 % change on previous year
in 1996
Years of data
54
1971–2024

GDP deflator (base year varies by country), annual growth rate in Belgium, 1971–2024

02.557.51012.5197119972024

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

Analysis

The most recent figure for gdp deflator (base year varies by country), annual growth rate in Belgium is 1.94 % change on previous year, measured in 2024.

That represents a change of down 56.9% on the previous year and up 131.3% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in Belgium peaked at 12.89 % change on previous year in 1975 and was at its lowest, 0.4767 % change on previous year, in 1996.

That places Belgium 166th 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 deflator (base year varies by country), annual growth rate in Belgium, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in Belgium, 1971 to 2024.
Year % change on previous year Change
1971 5.36 % change on previous year
1972 6.32 % change on previous year +17.9%
1973 6.81 % change on previous year +7.7%
1974 12.17 % change on previous year +78.8%
1975 12.89 % change on previous year +5.9%
1976 7.58 % change on previous year -41.2%
1977 7.48 % change on previous year -1.3%
1978 4.42 % change on previous year -40.8%
1979 4.51 % change on previous year +1.9%
1980 4.13 % change on previous year -8.4%
1981 5.14 % change on previous year +24.5%
1982 7.57 % change on previous year +47.3%
1983 5.61 % change on previous year -25.9%
1984 5.44 % change on previous year -3.1%
1985 4.63 % change on previous year -14.9%
1986 2.8 % change on previous year -39.6%
1987 1.68 % change on previous year -39.8%
1988 2.17 % change on previous year +28.8%
1989 4.8 % change on previous year +121.2%
1990 2.81 % change on previous year -41.4%
1991 2.88 % change on previous year +2.3%
1992 3.42 % change on previous year +19.0%
1993 3.99 % change on previous year +16.6%
1994 2.09 % change on previous year -47.6%
1995 1.22 % change on previous year -41.7%
1996 0.4767 % change on previous year -60.9%
1997 0.7575 % change on previous year +58.9%
1998 1.81 % change on previous year +138.4%
1999 0.599 % change on previous year -66.8%
2000 2.01 % change on previous year +236.3%
2001 1.98 % change on previous year -1.6%
2002 1.64 % change on previous year -17.3%
2003 1.85 % change on previous year +12.8%
2004 1.91 % change on previous year +3.5%
2005 2.08 % change on previous year +8.8%
2006 2.26 % change on previous year +8.7%
2007 1.93 % change on previous year -14.7%
2008 1.91 % change on previous year -1.2%
2009 0.7818 % change on previous year -59.0%
2010 1.7 % change on previous year +117.8%
2011 2.29 % change on previous year +34.6%
2012 2.21 % change on previous year -3.8%
2013 1.41 % change on previous year -36.0%
2014 0.8403 % change on previous year -40.5%
2015 1.12 % change on previous year +33.5%
2016 1.9 % change on previous year +68.9%
2017 1.98 % change on previous year +4.6%
2018 1.72 % change on previous year -13.4%
2019 1.85 % change on previous year +8.0%
2020 1.6 % change on previous year -13.9%
2021 2.74 % change on previous year +71.9%
2022 6.84 % change on previous year +149.5%
2023 4.51 % change on previous year -34.1%
2024 1.94 % change on previous year -56.9%

Averages by decade

DecadeAverage LowestHighest Years
1970s 7.5 % change on previous year 4.42 % change on previous year 12.89 % change on previous year 9
1980s 4.4 % change on previous year 1.68 % change on previous year 7.57 % change on previous year 10
1990s 2.01 % change on previous year 0.4767 % change on previous year 3.99 % change on previous year 10
2000s 1.84 % change on previous year 0.7818 % change on previous year 2.26 % change on previous year 10
2010s 1.7 % change on previous year 0.8403 % change on previous year 2.29 % change on previous year 10
2020s 3.53 % change on previous year 1.6 % change on previous year 6.84 % change on previous year 5

Countries ranked near Belgium

  1. 163 Italy 2.11 % change on previous year compare
  2. 164 Kiribati 2.02 % change on previous year compare
  3. 165 Trinidad and Tobago 1.98 % change on previous year compare
  4. 167 Jordan 1.9 % change on previous year compare
  5. 168 Greenland 1.86 % change on previous year compare
  6. 169 Denmark 1.82 % 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 deflator (base year varies by country), annual growth rate in Belgium?
Gdp deflator (base year varies by country), annual growth rate in Belgium was 1.94 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Belgium?
The highest recorded value was 12.89 % change on previous year in 1975.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Belgium?
The lowest recorded value was 0.4767 % change on previous year in 1996.
How does Belgium rank for gdp deflator (base year varies by country), annual growth rate?
Belgium ranks 166th out of 211 countries with data for 2024.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in Belgium?
Over the last ten years it is up 131.3%. 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 deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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GDP deflator (base year varies by country), annual growth rate in Belgium. Statizoid, drawing on Statizoid (derived). Retrieved 30 August 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/belgium/

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<a href="https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/belgium/">GDP deflator (base year varies by country), annual growth rate in Belgium</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). 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 deflator (base year varies by country), 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, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.