The gross domestic product (GDP) per capita is the national output, divided by the population, expressed in U.S dollars per person, for the latest year for which data is published. Belgium has a quarterly GDP per capita, of €8,861 $8,861, less than the same period last … These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Current U.S. (NA) This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. Belgium GDP Per Capita data is updated yearly, available from Dec 1957 to Dec 2019, with an average number of 15,700.642 USD. Belgium ranked #13 for GDP amongst Europe in 2012. The GDP per Capita, in Belgium, when adjusted by Purchasing Power Parity is equivalent to 291 percent of the world's average. Dollars, Annual, Not Seasonally Adjusted 1960 to 2011 (2012-12-10) GDP per capita is gross domestic product divided by midyear population. Statistical Capacity score (Overall average) Details. Current Belgium GDP Per Capita is 41,271.48 USD. GDP per capita (current US$) in Belgium was reported at 46117 USD in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources. Belgium ranked second for trade balance with US amongst Christian countries in 2003. GDP measures the value of total final output of goods and services produced by an economy within a certain period of time. This is a list of countries of the world sorted by their gross domestic product (GDP) per capita.GDP is the worth of all goods and services made in a country in a year. Ireland. Statistics and historical data on GDP growth rate, per capita PPP, constant prices. PPP is for purchasing power parity. The lowest data : 1984 is the lowest year for the indicator : GDP per capita (US $). Belgium GDP Per Capita chart, historic, and current data. International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme. GDP per capita based on PPP of Belgium increased from 29,143 international dollars in 2000 to 54,029 international dollars in 2019 growing at an average annual rate of 3.32%. 21 regions have a GDP per capita greater than at least 50% of the EU average: five were located in Germany, three in the Netherlands, three in the United Kingdom, two in Austria, one in Belgium, one in the Czech Republic, one in Denmark, one in Ireland, one in France, one in Slovakia, one in Sweden, as well as one in the Grand Duchy of Luxembourg, note Eurostat. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. The latest comprehensive information for - Belgium GDP per capita - including latest news, historical data table, charts and more. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. The economy rebounded in the third quarter, growing 10.7% on a seasonally-adjusted quarter-on-quarter basis, after falling 11.8% in Q2 at the height of the pandemic. In 2019, GDP per capita based on PPP for Belgium was 54,029 international dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Growth in GDP per capita, productivity and ULC. The federal government has managed to present balanced budgets in recent years, but public debt remains high, at 99% of 2009 GDP. In nominal ranking, Australia will enter Brazil in the top 10 list. GDP per capita. GDP per capita (current US$) - Belgium. Variable: Gross domestic product per capita, current prices Note: Expressed in GDP in PPP dollars per person. GDP per capita is often considered an indicator of a country's standard of living; however, this is problematic because GDP per capita is not a measure of personal income. Belgium ranked #4 for human development index amongst European Union in 2006. 1960-2019 Data | 2020-2022 Forecast | Historical | Chart. The statistic shows that between 2008 and 2018, real GDP per capita in Belgium increased from roughly 45,000 in the year 2008, to approximately 46,700 dollars in the year 2018. The economy rebounded in the third quarter, growing 10.7% on a seasonally-adjusted quarter-on-quarter basis, after falling 11.8% in Q2 at the height of the pandemic. Belgium : Table - GDP per capita (US $) GDP measures the value of total final output of goods and services produced by an economy within a certain period of time. This site uses cookies to optimize functionality and give you the best possible experience. Current Belgium Real GDP Per Capita is 45,469.71 USD. Gross Domestic Product (GDP) per capita shows a country's GDP divided by its total population. Belgium GDP Per Capita data is updated yearly, available from Dec 1957 to Dec 2019, with an average number of 15,700.642 USD. 45,176 (US dollars) in 2019. In 2019, GDP per capita based on PPP for Belgium was 54,029 international dollars. CEIC calculates GDP per Capita from annual Nominal GDP and annual Population and converts it into USD. Belgium - GDP per capita - actual values, historical data, forecasts and projections were sourced from the '>World Bank on September of 2020. Value & Rank The GDP per Capita (PPP) of Belgium is 37,800 ($) with a global rank of 27. The data reached an all-time high of 47,868.059 USD in Dec 2008 and a record low of 1,127.063 in Dec 1957. Dollars, Annual, Not Seasonally Adjusted 1960 to 2018 (Dec 20) Real GDP per Capita in Belgium (DISCONTINUED) 2011 U.S. Population, total. In 2008, the per capita income (PPP) was $37,500. GDP per capita levels - most recent year. In the last decade, Belgium’s GDP per capita increased by approximately 6,500 euros, and in 2017, GDP per capita amounted to roughly 38,700 euros. Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. Graph and download economic data for Real GDP per Capita in Belgium (DISCONTINUED) (BELRGDPC) from 1960 to 2011 about Belgium, per capita, real, and GDP. The table below lists countries in the world ranked by GDP at Purchasing Power Parity (PPP) per capita, along with the Nominal GDP per capita. Dollars) GDP falls at unprecedented pace in Q2. Belgium - GDP per capita (Euros) Economy recovers in Q3, but is likely to face headwinds in Q4. The … With a GDP per capita, expressed in purchasing power standards (PPS), of €61,300, i.e. To learn more about cookies, click here. Belgium GDP - Historical Data; Date GDP Per Capita Growth; 2018-12-01: $586.09B: … School enrollment, primary (% gross) Details. Belgium gni per capita for 2018 was $45,940, a 7.46% increase from 2017. Belgium ranked #8 for GDP per capita amongst Heavily indebted countries in 2012. The result is: 8,278 $ US. Belgium gdp per … Current Belgium GDP Per Capita is 41,271.48 USD. GDP per capita is gross domestic product divided by midyear population. Real GDP per Capita in Belgium (DISCONTINUED) 2011 U.S. GDP per capita PPP in Belgium averaged 44371.80 USD from 1990 until 2019, reaching an all time high of 51707.80 USD in 2019 and a record low of 35535.20 USD in 1990. Real GDP per capita The indicator is calculated as the ratio of real GDP to the average population of a specific year. GDP per capita is gross domestic product divided by midyear population. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. Belgium: GDP/cap growth, 5 years (%). Changes in gdp per capita, world rank and continent rank, compare to world economy and continent economy. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Belgium ranked #13 for GDP amongst Europe in 2012. It would also occupy top spot in ppp per capita ranking by replacing Macao SAR as gdp per capita of Macao SAR will reduced by 50% in 2020. Belgium GDP (Gross Domestic Product) was INT$482.95billion for 2019 in PPP terms. Belgium: GDP per capita. Real GDP per capita. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Belgium Real GDP Per Capita chart, historic, and current data. GDP per capita is gross domestic product divided by midyear population. GDP Per Capita (PPP) By Country GDP - per capita (PPP) Updated Rank; Belgium - GDP per capita (U.S. In 2019, GDP per capita for Belgium was 46,237 US dollars. Gaps in GDP per capita and productivity. Structure of Belgium GDP: … According to a preliminary estimate, GDP plunged 12.2% on a seasonally-adjusted quarter-on-quarter basis in the second quarter, marking the worst result on record as the economy felt the brunt of the Covid-19 pandemic (Q1: … Details. The Gross Domestic Product per capita in Belgium was last recorded at 51707.80 US dollars in 2019, when adjusted by purchasing power parity (PPP). Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.