Belgium BE: GDP: USD: Gross Value Added at Factor Cost

1970 - 2019 | Yearly | USD mn | World Bank

Belgium BE: GDP: USD: Gross Value Added at Factor Cost data was reported at 475.779 USD bn in 2019. This records a decrease from the previous number of 484.624 USD bn for 2018. Belgium BE: GDP: USD: Gross Value Added at Factor Cost data is updated yearly, averaging 211.940 USD bn from Dec 1970 (Median) to 2019, with 50 observations. The data reached an all-time high of 484.624 USD bn in 2018 and a record low of 25.109 USD bn in 1970. Belgium BE: GDP: USD: Gross Value Added at Factor Cost data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belgium – Table BE.World Bank.WDI: Gross Domestic Product: Nominal. Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

View Belgium's Belgium BE: GDP: USD: Gross Value Added at Factor Cost from 1970 to 2019 in the chart:

Belgium Belgium BE: GDP: USD: Gross Value Added at Factor Cost

What was Belgium's Belgium BE: GDP: USD: Gross Value Added at Factor Cost in 2019?

Last Previous Min Max Unit Frequency Range
475,779.130 2019 484,624.416 2018 25,108.855 1970 484,624.416 2018 USD mn yearly 1970 - 2019

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Belgium Key Series

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 78,212.718 2029 yearly 1980 - 2029
Forecast: Nominal GDP Per Capita (USD) 63,346.238 2029 yearly 1980 - 2029
Forecast: Real GDP Growth (%) 1.289 2028 yearly 1980 - 2028
GDP Deflator Growth (%) 5.4 Mar 2023 quarterly Mar 1996 - Mar 2023
GDP per Capita (USD) 49,392.667 2022 yearly 1957 - 2022
Gross Fixed Capital Formation (USD mn) 37,668.220 Dec 2023 quarterly Mar 1980 - Dec 2023
Gross Savings Rate (%) 24.2 Dec 2023 quarterly Mar 1980 - Dec 2023
Investment: % of GDP (%) 25.0 Dec 2023 quarterly Mar 1980 - Dec 2023
Nominal GDP (USD mn) 153,814.1 Mar 2023 quarterly Mar 1980 - Mar 2023
Nominal GDP Growth (%) 4.148 Dec 2023 quarterly Mar 1981 - Dec 2023
Private Consumption Expenditure (USD mn) 81,700.216 Dec 2023 quarterly Mar 1980 - Dec 2023
Private Consumption: % of GDP (%) 51.2 Dec 2023 quarterly Mar 1980 - Dec 2023
Public Consumption Expenditure (USD mn) 38,626.069 Dec 2023 quarterly Mar 1980 - Dec 2023
Public Consumption: % of GDP (%) 24.5 Dec 2023 quarterly Mar 1980 - Dec 2023
Real GDP Growth (%) 1.9 Sep 2022 quarterly Mar 1996 - Sep 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 165.943 Dec 2023 quarterly Mar 1980 - Dec 2023
Gross National Product (GNP) (USD mn) 168,789.570 Dec 2023 quarterly Mar 1980 - Dec 2023
Production Last Frequency Range
Industrial Production Index Growth (%) -3.8 Apr 2023 monthly Jan 1956 - Apr 2023
Minerals Production (Metric Ton) 1,219.000 2022 yearly 2011 - 2022
Motor Vehicle Production (Unit) 332,103.000 2023 yearly 1997 - 2023
Sales, Orders, Inventory & Shipments Last Frequency Range
New Orders Growth (%) 1.1 Aug 2012 monthly Jan 2001 - Aug 2012
Construction and Properties Last Frequency Range
Building Permits (Unit) 2,173.000 Jan 2024 monthly Jan 1990 - Jan 2024
House Prices Growth (%) 4.1 Dec 2023 quarterly Mar 1974 - Dec 2023
Nominal Residential Property Price Index (2010=100) 151.838 Dec 2023 quarterly Mar 1970 - Dec 2023
Nominal Residential Property Price Index Growth (%) 3.367 Dec 2023 quarterly Mar 1971 - Dec 2023
Real Residential Property Price Index (2010=100) 109.329 Dec 2023 quarterly Mar 1970 - Dec 2023
Real Residential Property Price Index Growth (%) 2.523 Dec 2023 quarterly Mar 1971 - Dec 2023
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.5 2023 yearly 1970 - 2023
Forecast: Government Expenditure (EUR bn) 386.316 2028 yearly 1980 - 2028
Forecast: Government Net Debt (EUR bn) 789.736 2028 yearly 1980 - 2028
Forecast: Government Revenue (EUR bn) 348.599 2028 yearly 1980 - 2028
Government Debt: % of GDP (%) 105.2 Dec 2023 quarterly Dec 1980 - Dec 2023
National Government Debt (USD mn) 680,238.9 Dec 2023 quarterly Mar 1980 - Dec 2023
Tax Revenue (USD mn) 188,333.360 2023 yearly 1970 - 2023
Consolidated Fiscal Balance (USD mn) -28,081.402 2023 yearly 1970 - 2023
Tax Revenue: % of GDP (%) 29.8 2023 yearly 1980 - 2023

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