Belgium Services Value Added
Services value added as % of GDP NV.SRV.TOTL.ZS
Belgium's services value added was 70.60% in 2025, ranked 29th globally. This represents a 0.5% decrease from 2024. Data from World Bank, covering 1995–2025.
Overview
Belgium's services value added stood at 70.60% in 2025, a decline of +0.39% from 2024. Based on recent trends, this figure is projected to reach 70.60% by 2025. Belgium ranked 29th globally.
Belgium's services value added has witnessed a moderate yet consistent growth over the past three decades, with a notable increase from its all-time trough in 1997, when it stood at 62.07, to its all-time peak in 2024, at 70.99. The country's services value added has been steadily rising, with a slight dip in 2025 to 70.60, ranking 29th globally. A comparison with its peer countries reveals that Belgium's services value added is closest to that of France, which recorded a value of 70.73 in 2025. The trend indicates a stable yet slow growth in the services sector, which may be attributed to the country's strong trade relationships and its strategic location in the heart of Europe. A potential shift in global trade policies or a significant change in the country's economic structure could alter the trajectory of Belgium's services value added, potentially leading to a more rapid growth or a decline in the sector's contribution to the country's GDP.
Data & projection
| Year | Services Value Added | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 70.76% | - | - |
| 2026* trend | 70.68% | - | - |
| 2025* trend | 70.60% | - | - |
| 2025 | 70.60% | −0.39% | #29 |
| 2024 | 70.99% | +0.73% | #154 |
| 2023 | 70.26% | +0.79% | #167 |
| 2022 | 69.47% | −1.28% | #167 |
| 2021 | 70.75% | +0.41% | #172 |
| 2020 | 70.34% | +0.80% | #169 |
| 2019 | 69.54% | −0.14% | #165 |
| 2018 | 69.68% | +0.26% | #170 |
| 2017 | 69.42% | −0.17% | #166 |
| 2016 | 69.59% | +0.16% | #168 |
| 2015 | 69.43% | +0.14% | #167 |
| 2014 | 69.29% | +0.49% | #167 |
| 2013 | 68.80% | +0.13% | #167 |
| 2012 | 68.67% | +0.57% | #163 |
| 2011 | 68.11% | +0.19% | #163 |
Detected Pattern
Analysis
Belgium matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw services value added improve within 24 months. View full analysis →
Frequently Asked Questions
Belgium's services value added was 70.60% in 2025. Ranked 29th globally. This represents a 0.5% decrease from the previous year.
Belgium's services value added peaked at 70.99% in 2024.
The lowest services value added in Belgium was 62.07% in 1997.
Belgium ranks 29th globally in services value added as of 2025.
The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.
Belgium's services value added is projected to reach 70.60% by 2025 based on trend extrapolation.
The services value added of Belgium in 2025 was 70.60%. This ranks 29th in the world.
Cite this page
@misc{historysaid_belgium_services-value-added,
title = {Belgium Services Value Added},
url = {https://historysaid.com/belgium/services-value-added/},
publisher = {HistorySaid},
year = {2026}
}