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Belgium – Services Value Added

Value added by the services sector as a share of GDP. Includes trade, transport, government, financial, and professional services. · World Bank
70.99% +0.73% from 2023 G20 rank: 154th · all-time high: 70.99% (2024)

APA

Belgium Services Value Added. HistorySaid. Retrieved March 10, 2026, from https://historysaid.com/belgium/services-value-added

BibTeX

@misc{historysaid_belgium_services-value-added,
  title = {Belgium Services Value Added},
  url = {https://historysaid.com/belgium/services-value-added},
  publisher = {HistorySaid},
  year = {2026}
}
Data & Projection
YearValueChangeRank
2027* trend 70.76%
2026* trend 70.68%
2025* trend 70.60%
2024 70.99% +0.73% 154th
2023 70.26% +0.79% 167th
2022 69.47% −1.28% 167th
2021 70.75% +0.41% 172nd
2020 70.34% +0.80% 169th
2019 69.54% −0.14% 165th
2018 69.68% +0.26% 170th
2017 69.42% −0.17% 166th
2016 69.59% +0.16% 168th
2015 69.43% +0.14% 167th
Show all years (1995–2024)
* Linear trend extrapolation from last 5 data points
Detected Pattern
Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +25.8% GDP growth 6.3% C/A balance 1.9%
This pattern occurred 682 times in G20 history, 460 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%
Reserves YoY
+20.1%
GDP growth
2.8%
C/A balance
3.3%
HistorySaid

Belgium's services value added peaked at 70.99% in 2024. The 2024 reading of 70.99% is 0% above that level. Based on recent trends, HistorySaid estimates 70.60% by 2025.