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Belgium

Belgian Aggregate indicators Stats

Definitions

  • GDP > Constant LCU: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • GDP per capita > Constant LCU: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Gross domestic savings > Consta: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in constant local currency.
  • Gross value added at factor cos: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant local currency."
  • Net current transfers from abro: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in constant local currency.
  • Net income from abroad > Consta: Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in constant local currency."
  • Net taxes on products > Constan: Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in constant local currency."
STAT AMOUNT DATE RANK HISTORY
GDP > Constant LCU 283.11 billion 2009 86th out of 162
GDP per capita > Constant LCU 26,241.03 2009 87th out of 162
Gross domestic savings > Consta 72.22 billion 2009 39th out of 68
Gross value added at factor cos 252.18 billion 2009 55th out of 114
Net current transfers from abro 2.32 billion 2009 48th out of 86
Net income from abroad > Consta 2.32 billion 2009 18th out of 87
Net taxes on products > Constan 30.93 billion 2009 45th out of 104

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

Citation

"Belgium Aggregate indicators Stats", NationMaster. Retrieved from http://www.nationmaster.com/country-info/profiles/Belgium/Economy/National-accounts/Local-currency-at-constant-prices/Aggregate-indicators