Belgium - Manufacturing, value added (constant LCU)

The value for Manufacturing, value added (constant LCU) in Belgium was 52,645,400,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 54,661,000,000 in 2019 and a minimum value of 39,523,000,000 in 1995.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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 constant local currency.

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

Year Value
1995 39,523,000,000
1996 40,649,100,000
1997 43,200,300,000
1998 44,500,500,000
1999 44,827,200,000
2000 47,364,300,000
2001 47,700,300,000
2002 47,899,900,000
2003 47,804,200,000
2004 50,237,600,000
2005 51,567,500,000
2006 50,370,600,000
2007 53,565,700,000
2008 51,775,900,000
2009 47,264,100,000
2010 50,145,200,000
2011 50,210,000,000
2012 49,420,300,000
2013 49,932,200,000
2014 51,488,500,000
2015 52,893,300,000
2016 52,023,600,000
2017 52,822,000,000
2018 52,757,300,000
2019 54,661,000,000
2020 52,645,400,000

Base Period: varies by country

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts