GDP growth (annual %) (UNESCO Institute) in Belgium

Belgium: GDP growth (annual %) (UNESCO Institute) was 1.0% in 2024. ◆ Volatile

Latest (2024)
1.0%
Change on year
down 15.2%
World rank
171st
of 212 countries
All-time high
6.4%
in 1973
All-time low
-4.8%
in 2020
Years of data
55
1970–2024

GDP growth in Belgium, 1970–2024

-5-2.502.557.5197019972024

Source: UNESCO Institute for Statistics. Measured in annual %.

Analysis

In 2024, gdp growth in Belgium stood at 1.0%.

Compared with earlier readings it is down 15.2% on the previous year and down 42.3% over ten years.

Over the whole period, gdp growth in Belgium peaked at 6.4% in 1973 and was at its lowest, -4.8%, in 2020.

That places Belgium 171st out of 212 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 growth (annual %) (UNESCO Institute) in Belgium, year by year

Annual values for GDP growth (annual %) in Belgium, 1970 to 2024.
Year annual % Change
1970 6.4% —
1971 4.0% -37.3%
1972 5.3% +32.9%
1973 6.4% +20.5%
1974 4.6% -28.5%
1975 -2.0% -143.1%
1976 5.7% -387.5%
1977 0.6% -88.9%
1978 2.8% +353.9%
1979 2.3% -17.6%
1980 4.4% +89.8%
1981 -0.3% -106.3%
1982 0.6% -313.0%
1983 0.3% -47.6%
1984 2.5% +690.9%
1985 1.7% -33.0%
1986 1.8% +10.4%
1987 2.3% +26.5%
1988 4.7% +104.8%
1989 3.5% -26.6%
1990 3.1% -9.6%
1991 1.8% -41.6%
1992 1.5% -16.5%
1993 -1.0% -162.8%
1994 3.2% -435.5%
1995 2.4% -26.1%
1996 1.3% -44.6%
1997 3.8% +187.1%
1998 2.0% -48.3%
1999 3.5% +80.6%
2000 3.7% +4.9%
2001 1.1% -70.4%
2002 1.7% +55.2%
2003 1.0% -39.2%
2004 3.6% +244.1%
2005 2.3% -35.0%
2006 2.6% +9.9%
2007 3.7% +44.1%
2008 0.4% -87.8%
2009 -1.9% -526.6%
2010 2.7% -242.2%
2011 1.9% -28.7%
2012 0.2% -88.8%
2013 0.3% +41.6%
2014 1.8% +477.9%
2015 1.5% -16.5%
2016 1.2% -19.0%
2017 1.5% +23.5%
2018 1.9% +27.4%
2019 2.4% +30.1%
2020 -4.8% -296.2%
2021 6.2% -229.5%
2022 4.3% -31.4%
2023 1.2% -71.8%
2024 1.0% -15.2%

Belgium compared with similar countries

  • Belgium's 1.0% is below the median for high income countries, which is 2.3%, 45% of the median. (83 countries reporting)
  • Belgium's 1.0% is below the median for Europe & Central Asia, which is 2.3%, 45% of the median. (55 countries reporting)

Biggest year-on-year movements

Years where GDP growth (annual %) (UNESCO Institute) 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
1984 +690.9% 0.3% 2.5%
2009 -526.6% 0.4% -1.9%
2014 +477.9% 0.3% 1.8%
1994 +435.5% -1.0% 3.2%

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.6% -2.0% 6.4% 10
1980s 2.2% -0.3% 4.7% 10
1990s 2.2% -1.0% 3.8% 10
2000s 1.8% -1.9% 3.7% 10
2010s 1.5% 0.2% 2.7% 10
2020s 1.6% -4.8% 6.2% 5

Countries ranked near Belgium

  1. 168 Czechia 1.1% compare
  2. 169 United Kingdom 1.1% compare
  3. 170 Luxembourg 1.0% compare
  4. 172 Netherlands 1.0% compare
  5. 173 Sweden 1.0% compare
  6. 174 Equatorial Guinea 0.9% compare

See the full ranking of 212 places →

More population data for Belgium

All data for Belgium →

Frequently asked questions

What is gdp growth in Belgium?
Gdp growth in Belgium was 1.0% in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp growth recorded in Belgium?
The highest recorded value was 6.4% in 1973.
What is the lowest gdp growth recorded in Belgium?
The lowest recorded value was -4.8% in 2020.
How does Belgium rank for gdp growth?
Belgium ranks 171st out of 212 countries with data for 2024.
Is gdp growth rising or falling in Belgium?
Over the last ten years it is down 42.3%. The long-run trend across the full record is volatile.
Where does this Belgium data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.

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GDP growth in Belgium. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/belgium/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release