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Belgium

Belgian Expenditure on GDP Stats

Definitions

  • Final > Consumption expenditure > Constan: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2000 U.S. dollars.
  • Final > Consumption expenditure > Etc.: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in constant 2000 U.S. dollars.
  • Gross capital formation > Constant 2000: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and ""work in progress."" According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2000 U.S. dollars."
  • Gross fixed capital formation > Constan: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2000 U.S. dollars."
  • Gross national expenditure > Constant 2: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2000 U.S. dollars."
  • Household final > Consumption expenditure: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in constant 2000 U.S. dollars."
STAT AMOUNT DATE RANK HISTORY
Final > Consumption expenditure > Constan $194.05 billion 2009 19th out of 81
Final > Consumption expenditure > Etc. $194.89 billion 2009 20th out of 97
Gross capital formation > Constant 2000 $58.67 billion 2009 19th out of 97
Gross fixed capital formation > Constan $57.86 billion 2009 20th out of 94
Gross national expenditure > Constant 2 $253.55 billion 2009 20th out of 101
Household final > Consumption expenditure $137.61 billion 2009 22nd out of 95

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

Citation

"Belgium Expenditure on GDP Stats", NationMaster. Retrieved from http://www.nationmaster.com/country-info/profiles/Belgium/Economy/National-accounts/US$-at-constant-2000-prices/Expenditure-on-GDP