Price level ratio of PPP conversion factor (GDP) to market exchange in Belgium

Belgium: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.7758 in 2024. ▼ Falling

Latest (2024)
0.7758
Change on year
down 2.0%
World rank
31st
of 202 countries
All-time high
1.28
in 2008
All-time low
0.7457
in 2022
Years of data
35
1990–2024

Price level ratio of PPP conversion factor (GDP) to market exchange in Belgium, 1990–2024

00.511.51990200720241990: 1.11991: 1.11992: 1.21993: 1.11994: 1.11995: 1.31996: 1.21997: 11998: 11999: 0.9932000: 0.8312001: 0.7992002: 0.8262003: 0.9912004: 1.12005: 1.12006: 1.12007: 1.22008: 1.32009: 1.22010: 1.12011: 1.22012: 1.12013: 1.12014: 1.12015: 0.8872016: 0.8652017: 0.8762018: 0.9052019: 0.8242020: 0.8182021: 0.8512022: 0.7462023: 0.7922024: 0.776

Source: UNESCO Institute for Statistics.

Analysis

In 2024, price level ratio of ppp conversion factor (gdp) to market exchange in Belgium stood at 0.7758.

Compared with earlier readings it is down 2.0% on the previous year and down 27.0% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Belgium peaked at 1.28 in 2008 and was at its lowest, 0.7457, in 2022.

That places Belgium 31st out of 202 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently falling across the 35 years of available data.

Price level ratio of PPP conversion factor (GDP) to market exchange in Belgium, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Belgium, 1990 to 2024.
Year Value Change
1990 1.1
1991 1.07 -2.6%
1992 1.15 +7.4%
1993 1.09 -5.6%
1994 1.13 +3.4%
1995 1.27 +12.5%
1996 1.21 -4.6%
1997 1.05 -13.5%
1998 1.04 -0.6%
1999 0.9926 -4.5%
2000 0.8313 -16.3%
2001 0.7992 -3.9%
2002 0.8258 +3.3%
2003 0.991 +20.0%
2004 1.1 +11.5%
2005 1.11 +0.4%
2006 1.1 -1.1%
2007 1.2 +9.7%
2008 1.28 +5.9%
2009 1.19 -7.0%
2010 1.11 -6.5%
2011 1.16 +4.4%
2012 1.06 -8.8%
2013 1.07 +1.4%
2014 1.06 -0.7%
2015 0.8874 -16.5%
2016 0.8645 -2.6%
2017 0.8762 +1.4%
2018 0.9051 +3.3%
2019 0.8237 -9.0%
2020 0.818 -0.7%
2021 0.8515 +4.1%
2022 0.7457 -12.4%
2023 0.7919 +6.2%
2024 0.7758 -2.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.11 0.9926 1.27 10
2000s 1.04 0.7992 1.28 10
2010s 0.9814 0.8237 1.16 10
2020s 0.7966 0.7457 0.8515 5

Countries ranked near Belgium

  1. 28 Netherlands 0.81 compare
  2. 29 Austria 0.7936 compare
  3. 30 Puerto Rico 0.7833 compare
  4. 32 Germany 0.7718 compare
  5. 33 Sint Maarten (Dutch part) 0.7685 compare
  6. 34 Aruba 0.7558 compare

See the full ranking of 202 places →

More population data for Belgium

All data for Belgium →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Belgium?
Price level ratio of ppp conversion factor (gdp) to market exchange in Belgium was 0.7758 in 2024, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Belgium?
The highest recorded value was 1.28 in 2008.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Belgium?
The lowest recorded value was 0.7457 in 2022.
How does Belgium rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Belgium ranks 31st out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Belgium?
Over the last ten years it is down 27.0%. The long-run trend across the full record is falling.
Where does this Belgium data come from?
The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in Belgium. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 02 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/belgium/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release