GDP growth in Belgium

Belgium: GDP growth was 1.0% in 2024. β—† Volatile

Latest (2024)
1.0%
Change on year
down 15.2%
World rank
169th
of 209 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 169th out of 209 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.

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. 166 Czechia 1.1% compare
  2. 167 United Kingdom 1.1% compare
  3. 168 Luxembourg 1.0% compare
  4. 170 Netherlands 1.0% compare
  5. 171 Sweden 1.0% compare
  6. 172 Equatorial Guinea 0.9% compare

See the full ranking of 212 places β†’

More population data for Belgium

All data for Belgium β†’

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 169th out of 209 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 16 August 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