Belgium BE: GDP: USD: Gross National Income: Atlas Method

1962 - 2023 | Yearly | USD mn | World Bank

Belgium BE: GDP: USD: Gross National Income: Atlas Method data was reported at 644.688 USD bn in 2023. This records an increase from the previous number of 629.745 USD bn for 2022. Belgium BE: GDP: USD: Gross National Income: Atlas Method data is updated yearly, averaging 234.390 USD bn from Dec 1962 (Median) to 2023, with 62 observations. The data reached an all-time high of 644.688 USD bn in 2023 and a record low of 13.642 USD bn in 1962. Belgium BE: GDP: USD: Gross National Income: Atlas Method 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. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;

View Belgium's Belgium BE: GDP: USD: Gross National Income: Atlas Method from 1962 to 2023 in the chart:

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Belgium Belgium BE: GDP: USD: Gross National Income: Atlas Method
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Belgium Belgium BE: GDP: USD: Gross National Income: Atlas Method

What was Belgium's Belgium BE: GDP: USD: Gross National Income: Atlas Method in 2023?

Last Previous Min Max Unit Frequency Range
644,688.240 2023 629,745.024 2022 13,641.592 1962 644,688.240 2023 USD mn yearly 1962 - 2023

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Belgium Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 84,000.968 2029 yearly 1980 - 2029
Forecast: Nominal GDP Per Capita (USD) 64,689.995 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) 39,933.738 Jun 2024 quarterly Mar 1980 - Jun 2024
Gross Savings Rate (%) 25.8 Mar 2024 quarterly Mar 1980 - Mar 2024
Investment: % of GDP (%) 22.1 Jun 2024 quarterly Mar 1980 - Jun 2024
Nominal GDP (USD mn) 153,814.1 Mar 2023 quarterly Mar 1980 - Mar 2023
Nominal GDP Growth (%) 4.072 Jun 2024 quarterly Mar 1981 - Jun 2024
Private Consumption Expenditure (USD mn) 82,627.764 Jun 2024 quarterly Mar 1980 - Jun 2024
Private Consumption: % of GDP (%) 51.4 Jun 2024 quarterly Mar 1980 - Jun 2024
Public Consumption Expenditure (USD mn) 40,166.274 Jun 2024 quarterly Mar 1980 - Jun 2024
Public Consumption: % of GDP (%) 24.8 Jun 2024 quarterly Mar 1980 - Jun 2024
Real GDP Growth (%) 1.9 Sep 2022 quarterly Mar 1996 - Sep 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 161.369 Jun 2024 quarterly Mar 1980 - Jun 2024
Gross National Product (GNP) (USD mn) 163,536.063 Mar 2024 quarterly Mar 1980 - Mar 2024
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) 2,229.000 Jul 2024 monthly Jan 1990 - Jul 2024
House Prices Growth (%) 1.8 Jun 2024 quarterly Mar 1974 - Jun 2024
Nominal Residential Property Price Index (2010=100) 151.860 Jun 2024 quarterly Mar 1970 - Jun 2024
Nominal Residential Property Price Index Growth (%) 3.382 Jun 2024 quarterly Mar 1971 - Jun 2024
Real Residential Property Price Index (2010=100) 107.255 Jun 2024 quarterly Mar 1970 - Jun 2024
Real Residential Property Price Index Growth (%) -0.108 Jun 2024 quarterly Mar 1971 - Jun 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.5 2023 yearly 1970 - 2023
Forecast: Government Expenditure (EUR bn) 400.202 2029 yearly 1980 - 2029
Forecast: Government Net Debt (EUR bn) 839.938 2029 yearly 1980 - 2029
Forecast: Government Revenue (EUR bn) 355.702 2029 yearly 1980 - 2029
Government Debt: % of GDP (%) 108.2 Mar 2024 quarterly Dec 1980 - Mar 2024
National Government Debt (USD mn) 688,479.8 Mar 2024 quarterly Mar 1980 - Mar 2024
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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