Belgium BE: GDP: Real: Net Taxes on Product

1970 - 2023 | Yearly | EUR mn | World Bank

Belgium BE: GDP: Real: Net Taxes on Product data was reported at 49,236.900 EUR mn in 2023. This records an increase from the previous number of 48,964.800 EUR mn for 2022. Belgium BE: GDP: Real: Net Taxes on Product data is updated yearly, averaging 32,197.150 EUR mn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 49,236.900 EUR mn in 2023 and a record low of 3,425.187 EUR mn in 1970. Belgium BE: GDP: Real: Net Taxes on Product 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: Real. Taxes less subsidies on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;;

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Belgium Belgium BE: GDP: Real: Net Taxes on Product
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Belgium Belgium BE: GDP: Real: Net Taxes on Product

What was Belgium's Belgium BE: GDP: Real: Net Taxes on Product in 2023?

Last Previous Min Max Unit Frequency Range
49,236.900 2023 48,964.800 2022 3,425.187 1970 49,236.900 2023 EUR mn yearly 1970 - 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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