Belgium - Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Belgium was 23.93 as of 2020. Its highest value over the past 50 years was 26.92 in 1970, while its lowest value was 18.37 in 1984.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

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

See also:

Year Value
1970 26.92
1971 26.17
1972 25.29
1973 25.35
1974 26.90
1975 26.58
1976 26.02
1977 25.51
1978 25.51
1979 24.35
1980 24.82
1981 21.56
1982 20.30
1983 18.72
1984 18.37
1985 18.82
1986 18.67
1987 19.11
1988 21.08
1989 22.84
1990 23.98
1991 22.39
1992 22.10
1993 21.32
1994 20.80
1995 21.23
1996 21.18
1997 21.85
1998 21.78
1999 22.17
2000 22.51
2001 22.39
2002 20.70
2003 20.49
2004 21.46
2005 22.15
2006 22.33
2007 23.29
2008 24.12
2009 22.78
2010 22.12
2011 23.01
2012 22.96
2013 22.17
2014 22.81
2015 22.96
2016 23.28
2017 23.28
2018 23.59
2019 24.15
2020 23.93

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts