macro
GDP, Historical (Maddison): Belgium
Latest
489.68billions of international dollars (2011 prices)
Methodology
## What this measures
The size of Belgium's economy in billions of 2011 international dollars: Maddison GDP per person times population. A Palanor calculation from the Maddison Project Database 2023.
## Why it matters
Total output is the measure of economic weight: how much a country or region could produce, tax and spend, over centuries.
## How to read it
Billions of 2011 international dollars (inflation- and price-level adjusted). Each point is a calendar year, dated December 31, and exists only where the database gives both GDP per person and population.
## What it does not say
It inherits the uncertainty of both parts, which is large before 1820. It is not the national accounts GDP a statistics office publishes today.
## Source
Maddison Project Database 2023 (Groningen Growth and Development Centre, University of Groningen). Cite as: Bolt, Jutta and Jan Luiten van Zanden (2024), "Maddison style estimates of the evolution of the world economy: A new 2023 update", Journal of Economic Surveys, 1–41. DOI: 10.1111/joes.12618. Licence: Maddison Project Database, version 2023 by Jutta Bolt and Jan Luiten van Zanden, licensed under a Creative Commons Attribution 4.0 International License (https://creativecommons.org/licenses/by/4.0/). https://www.rug.nl/ggdc/historicaldevelopment/maddison/releases/maddison-project-database-2023 The database asks that all original papers be cited when its data is shown in graphical form. The original sources for Belgium, as the database lists them: Sources added since MPD 2013: - Scheidel, W. and Friesen, S. J., ‘The size of the economy and the distribution of income in the Roman Empire’, Journal of Roman Studies, 99 (2009), pp. 61–91 - 1500- 1846: Buyst, E. (2011), “Towards Estimates of Long Term Growth in the Southern Low Countries, ca.1500-1846”, Results presented at the Conference on Quantifying Long Run Economic Development, Venice, 22-24 March, 2011 - GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics Sources used by Angus Maddison (original dataset, last updated 2010): - 1846-1913: J. Gadisseur, "Contribution à l'étude de la production agricole en Belgique de 1846 à 1913", Revue belge d'histoire contemporaine, vol. IV, 1-2, 1973, - 1913-1950: C. Carbonnelle, "Recherches sur levolution de la production en Belgique de 1900à 1957", Cahiers Economiques de Bruxelles, no. 3, April 1959, p. 358. Palanor multiplies GDP per person by population for each year the database gives both; that product is the only change. This is a one-off release; Palanor will load the next version when the Maddison Project publishes one.
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