Belgium GDP Annual Growth Rate: 1.1%

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH, 2024)

Belgium GDP Forecast: 1.1% in 2024, 1.2% projected for 2025.

Based on a 5-year average, Belgium is estimated to grow by an average compound annual growth rate of 2.8% through to 2030.

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GDP Annual Growth Rate (%):


Source: World Bank, World Economics
0 0 0 Belgium|#FE1800|4.35158428167072, 6.95668473344055, 3.56065983986098, 3.15589498173389, 3.86814694690092, 4.19412962494745, 6.62979979529474, 6.35267211404241, 3.98582731151862, 5.29560423026356, 6.38170192320138, 4.56525832206438, -1.96594169135675, 5.65274558568652, 0.626154931285953, 2.84189660286096, 2.34107325888253, 4.44405389862564, -0.279283481940681, 0.59498680391053, 0.311842569869754, 2.46638283210252, 1.65179259220241, 1.82276250871803, 2.30665908241836, 4.72320920981113, 3.4691665256331, 3.13740264106457, 1.83307440779249, 1.53065460747518, -0.961873074574811, 3.22697153642544, 2.38475712941313, 1.32143238674919, 3.79367155036574, 1.96183226336824, 3.54271811280648, 3.71670515995252, 1.09960358816537, 1.7068941065786, 1.03795528497115, 3.57120680780272, 2.32173796432642, 2.55234067848964, 3.67692483892523, 0.446904947717528, -1.90644089375826, 2.71031141346458, 1.93115497859051, 0.215803673220449, 0.30549447856238, 1.76554038203088, 1.47416438588013, 1.19350263995111, 1.47446765653092, 1.87796857219402, 2.44289006648609, -4.79298389726264, 6.20255401586081, 4.2334318336917, 1.25170063203595, 1.142 1963, 1964, 1965, 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1974, 1975, 1976, 1977, 1978, 1979, 1980, 1981, 1982, 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024,



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Key Indicators for Belgium

Comprehensive economic data including GDP, growth rates, debt levels, and population figures

Indicator Value Year See more
GDP Data Quality Rating    A 2025 View
Population Data Quality Rating    A 2025 View
Governance Rating    A 2025 View
       
GDP (PPP)
Base Year Adjusted + Informal Economy
$877bn 2025 View
GDP (Current / Nominal Prices) $660bn 2025 View
GDP (Constant Prices / Real) $540bn 2025 View
GDP Growth Rate 1.2% 2025 View
GDP Debt to GDP Ratio 95.8% 2025 View
       
GDP per Capita (PPP)
Base Year Adjusted + Informal Economy
$80,753 2025 View
GDP per Capita (Current / Nominal) $55,738 2025 View
GDP per Capita (Constant / Real) $45,579 2025 View
GDP per Capita Growth Rate 1.0% 2025 View
       
Population Size 11.73 million 2025 View
Fertility Rate 1.1% 2025 View
Workforce Size 4.97 million 2025 View
       
Carbon Emissions (per Capita) 7.12 tCO2e 2023 View
Methane Emissions (per Capita) 1.09 tCO2e 2023 View
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BELGIUM'S ECONOMICS
BELGIUM'S DEMOGRAPHY
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