Belgium - GNI per capita

GNI per capita, Atlas method (current US$)

The latest value for GNI per capita, Atlas method (current US$) in Belgium was 45,800 as of 2020. Over the past 58 years, the value for this indicator has fluctuated between 48,060 in 2019 and 1,450 in 1962.

Definition: GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1962 1,450
1963 1,530
1964 1,670
1965 1,800
1966 1,950
1967 2,100
1968 2,270
1969 2,510
1970 2,790
1971 3,080
1972 3,640
1973 4,690
1974 6,000
1975 6,910
1976 7,580
1977 8,220
1978 9,560
1979 11,730
1980 13,980
1981 13,190
1982 11,180
1983 9,430
1984 8,860
1985 8,820
1986 10,170
1987 13,090
1988 17,010
1989 18,030
1990 19,310
1991 20,580
1992 23,170
1993 23,410
1994 25,090
1995 27,070
1996 28,550
1997 28,450
1998 26,530
1999 25,980
2000 25,890
2001 24,460
2002 24,060
2003 27,100
2004 32,910
2005 37,780
2006 39,940
2007 42,740
2008 46,570
2009 46,980
2010 47,080
2011 46,490
2012 47,130
2013 47,900
2014 47,820
2015 45,570
2016 43,400
2017 42,520
2018 46,070
2019 48,060
2020 45,800

GNI per capita (current LCU)

The value for GNI per capita (current LCU) in Belgium was 39,996 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 42,019 in 2019 and a minimum value of 1,599 in 1960.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 1,599
1961 1,691
1962 1,798
1963 1,916
1964 2,122
1965 2,292
1966 2,445
1967 2,607
1968 2,777
1969 3,071
1970 3,478
1971 3,798
1972 4,236
1973 4,790
1974 5,600
1975 6,179
1976 7,013
1977 7,554
1978 8,096
1979 8,611
1980 9,330
1981 9,790
1982 10,547
1983 11,169
1984 12,093
1985 12,896
1986 13,505
1987 14,080
1988 15,015
1989 16,173
1990 17,119
1991 17,936
1992 18,753
1993 19,428
1994 20,570
1995 21,221
1996 21,589
1997 22,547
1998 23,353
1999 24,246
2000 25,654
2001 26,178
2002 26,903
2003 27,618
2004 28,878
2005 29,957
2006 31,269
2007 32,788
2008 33,641
2009 32,688
2010 33,841
2011 34,115
2012 35,576
2013 36,073
2014 36,708
2015 37,484
2016 38,319
2017 39,483
2018 40,614
2019 42,019
2020 39,996

GNI per capita (constant 2010 US$)

The latest value for GNI per capita (constant 2010 US$) in Belgium was 40,869 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 43,486 in 2019 and 18,070 in 1970.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 18,070
1971 18,731
1972 19,653
1973 20,811
1974 21,687
1975 21,198
1976 22,360
1977 22,420
1978 23,014
1979 23,438
1980 24,405
1981 24,379
1982 24,428
1983 24,489
1984 25,149
1985 25,637
1986 26,109
1987 26,764
1988 27,934
1989 28,726
1990 29,582
1991 30,122
1992 30,454
1993 30,337
1994 31,448
1995 32,054
1996 32,454
1997 33,638
1998 34,225
1999 35,315
2000 36,619
2001 36,635
2002 37,043
2003 37,337
2004 38,297
2005 38,914
2006 39,716
2007 40,856
2008 41,118
2009 39,759
2010 40,388
2011 39,992
2012 40,891
2013 40,945
2014 41,263
2015 41,589
2016 41,717
2017 42,210
2018 42,767
2019 43,486
2020 40,869

GNI per capita growth (annual %)

The value for GNI per capita growth (annual %) in Belgium was -6.02 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 5.89 in 1973 and a minimum value of -6.02 in 2020.

Definition: Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1971 3.66
1972 4.92
1973 5.89
1974 4.21
1975 -2.25
1976 5.48
1977 0.27
1978 2.65
1979 1.84
1980 4.13
1981 -0.11
1982 0.20
1983 0.25
1984 2.70
1985 1.94
1986 1.84
1987 2.51
1988 4.37
1989 2.84
1990 2.98
1991 1.83
1992 1.10
1993 -0.38
1994 3.66
1995 1.93
1996 1.25
1997 3.65
1998 1.75
1999 3.19
2000 3.69
2001 0.04
2002 1.11
2003 0.79
2004 2.57
2005 1.61
2006 2.06
2007 2.87
2008 0.64
2009 -3.31
2010 1.58
2011 -0.98
2012 2.25
2013 0.13
2014 0.78
2015 0.79
2016 0.31
2017 1.18
2018 1.32
2019 1.68
2020 -6.02

GNI per capita (constant LCU)

The value for GNI per capita (constant LCU) in Belgium was 36,835 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 39,194 in 2019 and a minimum value of 16,287 in 1970.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 16,287
1971 16,883
1972 17,713
1973 18,757
1974 19,547
1975 19,106
1976 20,153
1977 20,207
1978 20,742
1979 21,124
1980 21,996
1981 21,972
1982 22,017
1983 22,072
1984 22,667
1985 23,107
1986 23,532
1987 24,122
1988 25,177
1989 25,891
1990 26,662
1991 27,149
1992 27,448
1993 27,343
1994 28,344
1995 28,890
1996 29,250
1997 30,317
1998 30,847
1999 31,829
2000 33,005
2001 33,019
2002 33,387
2003 33,652
2004 34,517
2005 35,073
2006 35,796
2007 36,824
2008 37,060
2009 35,835
2010 36,401
2011 36,045
2012 36,855
2013 36,904
2014 37,191
2015 37,484
2016 37,599
2017 38,044
2018 38,546
2019 39,194
2020 36,835

GNI per capita, PPP (current international $)

The latest value for GNI per capita, PPP (current international $) in Belgium was 53,650 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 54,790 in 2019 and 18,740 in 1990.

Definition: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 18,740
1991 19,730
1992 20,400
1993 20,800
1994 22,030
1995 22,930
1996 23,270
1997 24,310
1998 24,960
1999 26,030
2000 28,500
2001 29,330
2002 30,810
2003 31,520
2004 32,510
2005 33,590
2006 35,770
2007 37,300
2008 38,800
2009 38,450
2010 40,450
2011 41,010
2012 43,270
2013 44,750
2014 45,870
2015 46,850
2016 49,060
2017 50,900
2018 52,990
2019 54,790
2020 53,650

GNI per capita, PPP (constant 2011 international $)

The latest value for GNI per capita, PPP (constant 2011 international $) in Belgium was 49,288 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 52,443 in 2019 and 35,675 in 1990.

Definition: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 35,675
1991 36,326
1992 36,727
1993 36,586
1994 37,926
1995 38,656
1996 39,138
1997 40,566
1998 41,275
1999 42,589
2000 44,162
2001 44,181
2002 44,673
2003 45,028
2004 46,185
2005 46,929
2006 47,897
2007 49,272
2008 49,588
2009 47,949
2010 48,707
2011 48,230
2012 49,314
2013 49,379
2014 49,763
2015 50,155
2016 50,310
2017 50,905
2018 51,576
2019 52,443
2020 49,288

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts