Industry Sector Contribution to GDP in Belgium (1990-2022)

Industry Sector Contribution to GDP in Belgium (1990-2022)

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Key Takeaways

Belgium’s industry sector contribution has experienced a steady decline since the mid-1990s, from in 1995 to in 2022. This gradual decrease aligns with the country's shift towards a service-oriented economy, along with declining European manufacturing competitiveness in certain sectors. The 2008 financial crisis accelerated this trend, with the industry share falling to by 2009 and continuing to decline in the following years. The sector’s contributions reached a low of in 2018, stabilizing around 19- in recent years due to resilient sectors like chemicals and pharmaceuticals. Belgium’s industry landscape now reflects a transition towards specialized, high-value industries within the EU market.

For a broader context, visit other statistics on Belgium’s population growth, Belgium’s average lifespan at birth, Belgium’s unemployment rate trend.

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