Belgium: Industry value added

* indicates monthly or quarterly data series
 Belgium

Industry value added, billion USD

 Latest value 116.59
 Year 2023
 Measure billion U.S. dollars
 Data availability 1995 - 2023
 Average 90.64
 Min - Max 57.56 - 116.99
 Source The World Bank
For that indicator, we provide data for Belgium from 1995 to 2023. The average value for Belgium during that period was 90.64 billion U.S. dollars with a minimum of 57.56 billion U.S. dollars in 2001 and a maximum of 116.99 billion U.S. dollars in 2022. The latest value from 2023 is 116.59 billion U.S. dollars. For comparison, the world average in 2023 based on 152 countries is 132.74 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Belgium - Industry value added - Recent values chart

Historical chart
Belgium - Industry value added - historical chart - 1995-2023




Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

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 Related indicators Latest value Reference Measure
 Share of industry 20.05 2022 percent
 Share of manufacturing 12.65 2022 percent
 Share of services 69.02 2022 percent
 Industry value added 116.59 2023 billion U.S. dollars
 Manufacturing value added 75.08 2023 billion U.S. dollars
 Services value added 447.02 2023 billion U.S. dollars
 Savings, percent of GDP 26.13 2022 percent
 Savings, in dollars 159.36 2023 billion U.S. dollars
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