GDP Belgium 2024

GDP grows 1% in Belgium

Gross Domestic Product of Belgium grew 1% in 2024 compared to last year. This rate is 2 -tenths of one percent less than the figure of 1.2% published in 2023.

The GDP figure in 2024 was €613,984$664,564 million, Belgium is number 23 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Belgium rose €17,781$19,909 million with respect to 2023.

The GDP per capita of Belgium in 2024 was €51,810$56,288, €1,200$2,434 higher than in 2023, it was €50,610$53,854. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2014 when the GDP per capita in Belgium was €36,130$47,897.

If we order the countries according to their GDP per capita, Belgium is well positioned in terms of the standard of living of its population, coming 16th out of the 196 countries whose GDP we publish.

Here we show you the progression of the GDP in Belgium. You can see GDP in other countries in GDP and see all the economic information about Belgium in Belgium's economy.

Quarterly GDP at market prices 2024
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2024Q4€155,312M$166,028M0.2%1.1%
2024Q3€154,448M$169,722M0.3%1.2%
2024Q2€152,844M$164,729M0.3%1.0%
2024Q1€151,380M$164,531M0.4%0.8%
< GDP Belgium 2023
Quaterly GDP Per Capita 2024
DateQu. GDP Per CapitaQu. GDP P.C. Qu. GrowthQu. GDP P.C. An. GrowthQu. GDP Per Capita $Qu. GDP P.C. An. GrowthQu. GDP P.C. Qu. Growth
2024Q413,154K0.6%3.7%$14,0503.0%-2.2%
2024Q313,076K1.0%2.8%$14,3623.7%3.0%
2024Q212,947K1.0%2.4%$13,9401.2%0.1%
2024Q112,823K1.1%1.5%$13,9232.7%2.1%
< GDP Belgium 2023
Evolution: Annual GDP Belgium
DateAnnual GDPAnnual GDPGDP Growth (%)
2024€613,984M$664,564M1.0%
2023€596,203M$644,655M1.2%
2022€563,711M$593,615M4.3%
2021€506,047M$598,522M6.2%
2020€463,751M$529,694M-4.8%
2019€479,445M$536,726M2.4%
2018€459,492M$542,639M1.9%
2017€443,407M$500,909M1.5%
2016€428,467M$474,272M1.2%
2015€415,538M$461,045M1.5%
2014€404,958M$537,987M1.8%
2013€394,616M$524,097M0.3%
2012€387,935M$498,414M0.2%
2011€378,745M$527,197M1.9%
2010€363,242M$481,557M2.7%
2009€347,735M$485,015M-1.9%
2008€351,743M$517,328M0.4%
2007€343,619M$470,922M3.7%
2006€325,152M$408,260M2.6%
2005€310,038M$385,715M2.3%
2004€296,820M$369,215M3.6%
2003€281,200M$318,083M1.0%
2002€273,256M$258,384M1.7%
2001€264,335M$236,746M1.1%
2000€256,376M$236,792M3.7%
1999€242,308M$258,246M3.5%
1998€231,016M$258,523M2.0%
1997€223,033M$252,705M3.8%
1996€219,965M$279,196M1.3%
1995€220,252M$288,029M22.9%
1994€198,401M$244,894M3.2%
1993€184,466M$224,715M-1.0%
1992€174,275M$234,792M1.5%
1991€163,487M$210,508M1.8%
1990€155,311M$205,330M3.1%
1989€143,243M$164,221M3.5%
1988€131,957M$162,306M4.7%
1987€124,441M$149,396M2.3%
1986€117,553M$120,020M1.8%
1985€109,518M$86,266M1.7%
1984€101,776M$83,348M2.5%
1983€94,210M$87,183M0.3%
1982€90,371M$92,093M0.6%
1981€90,424M$104,729M-0.3%
1980€87,726M$126,832M4.5%
1979€84,991M$116,317M2.3%
1978€79,467M$101,251M2.8%
1977€73,998M$82,838M0.6%
1976€68,421M$71,114M5.7%
1975€60,200M$65,676M-1.3%
1974€54,396M$56,034M4.2%
1973€46,377M$47,744M6.1%
1972€40,817M$37,210M5.3%
1971€36,460M$29,822M3.8%
1970€33,280M$26,707M6.2%
1969€29,931M$24,020M6.6%
1968€26,984M$21,655M4.2%
1967€25,237M$20,253M3.9%
1966€23,545M$18,895M3.1%
1965€21,929M$17,598M3.6%
1964€20,121M$16,168M6.9%
1963€17,977M$14,446M4.4%
1962€16,711M$13,437M5.2%
1961€15,632M$12,562M5.0%
1960€14,720M$11,811M
Evolution: GDP per capita Belgium
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
2024€51,810$56,2882.5%4.5%
2023€50,610$53,8544.9%7.1%
2022€48,260$50,27510.5%-3.4%
2021€43,680$52,0408.7%14.1%
2020€40,190$45,615-3.7%-2.5%
2019€41,730$46,7833.8%-1.9%
2018€40,210$47,6853.2%7.7%
2017€38,980$44,2743.1%5.2%
2016€37,810$42,0762.6%2.3%
2015€36,860$41,1472.0%-14.1%
2014€36,130$47,8972.2%2.2%
2013€35,360$46,8491.2%4.5%
2012€34,930$44,8241.8%-5.8%
2011€34,310$47,5642.9%7.0%
2010€33,340$44,4483.5%-1.0%
2009€32,210$44,892-1.9%-7.4%
2008€32,840$48,4931.6%9.0%
2007€32,340$44,4974.9%14.6%
2006€30,830$38,8424.2%5.1%
2005€29,590$36,9453.9%4.1%
2004€28,480$35,4985.1%15.6%
2003€27,100$30,7082.5%22.6%
2002€26,450$25,0442.9%8.6%
2001€25,700$23,0672.8%-0.3%
2000€25,010$23,1375.5%-8.6%
1999€23,690$25,3094.7%-0.4%
1998€22,640$25,3993.3%2.1%
1997€21,910$24,8791.2%-9.7%
1996€21,660$27,535-0.3%-3.2%
1995€21,730$28,45810.9%20.5%
1994€19,600$23,6247.1%8.8%
1993€18,300$21,7245.8%-4.8%
1992€17,300$22,8236.1%11.0%
1991€16,300$20,5644.5%2.2%
1990€15,600$20,1208.3%25.0%
1989€14,400$16,0988.3%0.6%
1988€13,300$16,0095.6%8.6%
1987€12,600$14,7405.9%24.1%
1986€11,900$11,8747.2%38.6%
1985€11,100$8,5697.8%3.9%
1984€10,300$8,2457.3%-4.4%
1983€9,600$8,6264.4%-5.5%
1982€9,200$9,1290%-11.9%
1981€9,200$10,3663.4%-17.3%
1980€8,900$12,5293.2%6.2%
1979€8,624$11,8036.8%14.7%
1978€8,075$10,2887.3%22.2%
1977€7,522$8,4218.0%16.3%
1976€6,965$7,23913.5%8.2%
1975€6,135$6,69310.4%16.9%
1974€5,557$5,72516.9%17.0%
1973€4,753$4,89313.3%27.9%
1972€4,196$3,82511.6%24.4%
1971€3,761$3,0769.1%11.2%
1970€3,448$2,76711.3%11.3%
1969€3,098$2,48610.6%10.6%
1968€2,802$2,2486.6%6.6%
1967€2,627$2,1086.6%6.6%
1966€2,464$1,9776.7%6.7%
1965€2,308$1,8538.2%8.0%
1964€2,134$1,71510.7%10.7%
1963€1,927$1,5496.7%6.6%
1962€1,806$1,4526.2%6.3%
1961€1,701$1,3676.1%6.2%
1960€1,604$1,287
Evolution: GDP growth rate at constant prices Belgium
Evolution: GDP per capita Belgium
GDP Belgium