Taxes on goods and services (current LCU), annual growth rate in Belgium
Belgium: Taxes on goods and services (current LCU), annual growth rate was -0.6602 % change on previous year in 2024. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in Belgium, 1996–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, taxes on goods and services (current lcu), annual growth rate in Belgium stood at -0.6602 % change on previous year.
Compared with earlier readings it is down 108.3% on the previous year and down 163.7% over ten years.
Over the whole period, taxes on goods and services (current lcu), annual growth rate in Belgium peaked at 14.57 % change on previous year in 2021 and was at its lowest, -7.22 % change on previous year, in 2020.
That places Belgium 135th out of 156 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), annual growth rate in Belgium, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 5.98 % change on previous year | — |
| 1997 | 5.86 % change on previous year | -2.0% |
| 1998 | 3.52 % change on previous year | -39.8% |
| 1999 | 7.71 % change on previous year | +118.7% |
| 2000 | 4.91 % change on previous year | -36.3% |
| 2001 | -1.24 % change on previous year | -125.2% |
| 2002 | -4.58 % change on previous year | +270.3% |
| 2003 | 2.18 % change on previous year | -147.5% |
| 2004 | 7.84 % change on previous year | +260.1% |
| 2005 | 4.74 % change on previous year | -39.5% |
| 2006 | 4.67 % change on previous year | -1.5% |
| 2007 | 4.58 % change on previous year | -2.0% |
| 2008 | 1.29 % change on previous year | -71.9% |
| 2009 | -1.24 % change on previous year | -196.6% |
| 2010 | 7.24 % change on previous year | -682.8% |
| 2011 | 3 % change on previous year | -58.5% |
| 2012 | 6.51 % change on previous year | +116.8% |
| 2013 | 0.2529 % change on previous year | -96.1% |
| 2014 | 1.04 % change on previous year | +310.0% |
| 2015 | 1.21 % change on previous year | +17.2% |
| 2016 | 4.32 % change on previous year | +255.9% |
| 2017 | 2.67 % change on previous year | -38.2% |
| 2018 | 4.61 % change on previous year | +72.5% |
| 2019 | 1.99 % change on previous year | -56.8% |
| 2020 | -7.22 % change on previous year | -462.5% |
| 2021 | 14.57 % change on previous year | -301.9% |
| 2022 | 3.15 % change on previous year | -78.4% |
| 2023 | 7.99 % change on previous year | +153.7% |
| 2024 | -0.6602 % change on previous year | -108.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.77 % change on previous year | 3.52 % change on previous year | 7.71 % change on previous year | 4 |
| 2000s | 2.31 % change on previous year | -4.58 % change on previous year | 7.84 % change on previous year | 10 |
| 2010s | 3.29 % change on previous year | 0.2529 % change on previous year | 7.24 % change on previous year | 10 |
| 2020s | 3.57 % change on previous year | -7.22 % change on previous year | 14.57 % change on previous year | 5 |
Countries ranked near Belgium
- 132 Kiribati 0.5199 % change on previous year compare
- 133 France 0.4709 % change on previous year compare
- 134 Kuwait 0 % change on previous year
- 136 Sweden -1.83 % change on previous year compare
- 137 Saint Kitts and Nevis -2.06 % change on previous year compare
- 138 Jordan -2.15 % change on previous year compare
More public sector data for Belgium
- Arms imports 515.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 43.43 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0008 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -92.94 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 515.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 721.97 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0128 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.22 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 8.56 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 393.52 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services (current lcu), annual growth rate in Belgium?
- Taxes on goods and services (current lcu), annual growth rate in Belgium was -0.6602 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in Belgium?
- The highest recorded value was 14.57 % change on previous year in 2021.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in Belgium?
- The lowest recorded value was -7.22 % change on previous year in 2020.
- How does Belgium rank for taxes on goods and services (current lcu), annual growth rate?
- Belgium ranks 135th out of 156 countries with data for 2024.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in Belgium?
- Over the last ten years it is down 163.7%. The long-run trend across the full record is volatile.
- Where does this Belgium data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.