In 2023, Belgium witnessed an increase in its Nominal GDP, rising to 632.22 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 832.97 international billion dollars as per the World Bank's estimates.
Relatedly, in the preceding year of 2022, Belgium has Nominal GDP stood at 583.61 billion dollars, while the GDP based on PPP was 797.84 international billion dollars.
The net change in Belgium's GDP (Nominal) in 2023 increased by 48.61 billion dollars(7.69%), and GDP (PPP) increased by 35.13 international billion dollars(4.22%).
Source: worldbank Nominal PPP| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 11.81 | - | - | - | - | - |
| 1961 | 12.56 | 0.75 | 5.97 % | - | - | - |
| 1962 | 13.44 | 0.88 | 6.55 % | - | - | - |
| 1963 | 14.45 | 1.01 | 6.99 % | - | - | - |
| 1964 | 16.17 | 1.72 | 10.64 % | - | - | - |
| 1965 | 17.60 | 1.43 | 8.13 % | - | - | - |
| 1966 | 18.89 | 1.29 | 6.83 % | - | - | - |
| 1967 | 20.25 | 1.36 | 6.72 % | - | - | - |
| 1968 | 21.65 | 1.40 | 6.47 % | - | - | - |
| 1969 | 24.02 | 2.37 | 9.87 % | - | - | - |
| 1970 | 26.71 | 2.69 | 10.07 % | - | - | - |
| 1971 | 29.82 | 3.11 | 10.43 % | - | - | - |
| 1972 | 37.21 | 7.39 | 19.86 % | - | - | - |
| 1973 | 47.74 | 10.53 | 22.06 % | - | - | - |
| 1974 | 56.03 | 8.29 | 14.80 % | - | - | - |
| 1975 | 65.68 | 9.65 | 14.69 % | - | - | - |
| 1976 | 71.11 | 5.43 | 7.64 % | - | - | - |
| 1977 | 82.84 | 11.73 | 14.16 % | - | - | - |
| 1978 | 101.25 | 18.41 | 18.18 % | - | - | - |
| 1979 | 116.32 | 15.07 | 12.96 % | - | - | - |
| 1980 | 126.83 | 10.51 | 8.29 % | - | - | - |
| 1981 | 104.73 | -22.10 | -21.10 % | - | - | - |
| 1982 | 92.10 | -12.63 | -13.71 % | - | - | - |
| 1983 | 87.18 | -4.92 | -5.64 % | - | - | - |
| 1984 | 83.35 | -3.83 | -4.60 % | - | - | - |
| 1985 | 86.27 | 2.92 | 3.38 % | - | - | - |
| 1986 | 120.02 | 33.75 | 28.12 % | - | - | - |
| 1987 | 149.39 | 29.37 | 19.66 % | - | - | - |
| 1988 | 162.30 | 12.91 | 7.95 % | - | - | - |
| 1989 | 164.22 | 1.92 | 1.17 % | - | - | - |
| 1990 | 205.33 | 41.11 | 20.02 % | 186.14 | - | - |
| 1991 | 210.51 | 5.18 | 2.46 % | 195.97 | 9.83 | 5.02 % |
| 1992 | 234.78 | 24.27 | 10.34 % | 203.50 | 7.53 | 3.70 % |
| 1993 | 224.72 | -10.06 | -4.48 % | 206.32 | 2.82 | 1.37 % |
| 1994 | 244.88 | 20.16 | 8.23 % | 217.53 | 11.21 | 5.15 % |
| 1995 | 288.03 | 43.15 | 14.98 % | 227.38 | 9.85 | 4.33 % |
| 1996 | 279.20 | -8.83 | -3.16 % | 230.93 | 3.55 | 1.54 % |
| 1997 | 252.71 | -26.49 | -10.48 % | 241.58 | 10.65 | 4.41 % |
| 1998 | 258.53 | 5.82 | 2.25 % | 248.64 | 7.06 | 2.84 % |
| 1999 | 258.25 | -0.28 | -0.11 % | 260.17 | 11.53 | 4.43 % |
| 2000 | 236.79 | -21.46 | -9.06 % | 284.86 | 24.69 | 8.67 % |
| 2001 | 236.75 | -0.04 | -0.02 % | 296.22 | 11.36 | 3.83 % |
| 2002 | 258.38 | 21.63 | 8.37 % | 312.90 | 16.68 | 5.33 % |
| 2003 | 318.08 | 59.70 | 18.77 % | 320.98 | 8.08 | 2.52 % |
| 2004 | 369.22 | 51.14 | 13.85 % | 334.14 | 13.16 | 3.94 % |
| 2005 | 385.72 | 16.50 | 4.28 % | 347.66 | 13.52 | 3.89 % |
| 2006 | 408.26 | 22.54 | 5.52 % | 371.91 | 24.25 | 6.52 % |
| 2007 | 470.92 | 62.66 | 13.31 % | 391.02 | 19.11 | 4.89 % |
| 2008 | 517.33 | 46.41 | 8.97 % | 405.73 | 14.71 | 3.63 % |
| 2009 | 483.25 | -34.08 | -7.05 % | 407.55 | 1.82 | 0.45 % |
| 2010 | 481.42 | -1.83 | -0.38 % | 434.01 | 26.46 | 6.10 % |
| 2011 | 523.33 | 41.91 | 8.01 % | 451.93 | 17.92 | 3.97 % |
| 2012 | 496.15 | -27.18 | -5.48 % | 469.72 | 17.79 | 3.79 % |
| 2013 | 521.79 | 25.64 | 4.91 % | 487.34 | 17.62 | 3.62 % |
| 2014 | 535.39 | 13.60 | 2.54 % | 503.62 | 16.28 | 3.23 % |
| 2015 | 462.34 | -73.05 | -15.80 % | 520.88 | 17.26 | 3.31 % |
| 2016 | 476.06 | 13.72 | 2.88 % | 550.68 | 29.80 | 5.41 % |
| 2017 | 502.77 | 26.71 | 5.31 % | 573.79 | 23.11 | 4.03 % |
| 2018 | 543.30 | 40.53 | 7.46 % | 600.27 | 26.48 | 4.41 % |
| 2019 | 535.87 | -7.43 | -1.39 % | 650.52 | 50.25 | 7.72 % |
| 2020 | 526.02 | -9.85 | -1.87 % | 643.06 | -7.46 | -1.16 % |
| 2021 | 600.90 | 74.88 | 12.46 % | 719.77 | 76.71 | 10.66 % |
| 2022 | 583.61 | -17.29 | -2.96 % | 797.84 | 78.07 | 9.79 % |
| 2023 | 632.22 | 48.61 | 7.69 % | 832.97 | 35.13 | 4.22 % |