Human capital in Belgium
Belgium: Human capital was 3.41 trillion real chained 2019 US$ in 2020. ▲ Rising
Human capital in Belgium, 1995–2020
Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.
Analysis
The most recent figure for human capital in Belgium is 3.41 trillion real chained 2019 US$, measured in 2020. That is the highest value across all 26 years on record.
The figure is up 2.8% on the previous year and up 16.2% over ten years.
Over the whole period, human capital in Belgium peaked at 3.41 trillion real chained 2019 US$ in 2020 and was at its lowest, 2.35 trillion real chained 2019 US$, in 1995.
That places Belgium 21st out of 151 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Human capital in Belgium, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 2.35 trillion real chained 2019 US$ | — |
| 1996 | 2.36 trillion real chained 2019 US$ | +0.6% |
| 1997 | 2.40 trillion real chained 2019 US$ | +1.6% |
| 1998 | 2.43 trillion real chained 2019 US$ | +1.1% |
| 1999 | 2.52 trillion real chained 2019 US$ | +3.6% |
| 2000 | 2.62 trillion real chained 2019 US$ | +4.0% |
| 2001 | 2.59 trillion real chained 2019 US$ | -1.1% |
| 2002 | 2.61 trillion real chained 2019 US$ | +0.9% |
| 2003 | 2.63 trillion real chained 2019 US$ | +0.6% |
| 2004 | 2.70 trillion real chained 2019 US$ | +2.9% |
| 2005 | 2.77 trillion real chained 2019 US$ | +2.6% |
| 2006 | 2.79 trillion real chained 2019 US$ | +0.7% |
| 2007 | 2.87 trillion real chained 2019 US$ | +2.7% |
| 2008 | 2.91 trillion real chained 2019 US$ | +1.5% |
| 2009 | 2.89 trillion real chained 2019 US$ | -0.6% |
| 2010 | 2.94 trillion real chained 2019 US$ | +1.5% |
| 2011 | 2.95 trillion real chained 2019 US$ | +0.5% |
| 2012 | 2.97 trillion real chained 2019 US$ | +0.5% |
| 2013 | 2.98 trillion real chained 2019 US$ | +0.4% |
| 2014 | 2.99 trillion real chained 2019 US$ | +0.6% |
| 2015 | 3.01 trillion real chained 2019 US$ | +0.5% |
| 2016 | 3.05 trillion real chained 2019 US$ | +1.2% |
| 2017 | 3.14 trillion real chained 2019 US$ | +3.0% |
| 2018 | 3.23 trillion real chained 2019 US$ | +2.9% |
| 2019 | 3.32 trillion real chained 2019 US$ | +2.8% |
| 2020 | 3.41 trillion real chained 2019 US$ | +2.8% |
Belgium compared with similar countries
- Belgium's 3.41 trillion real chained 2019 US$ is above the median for high income countries, which is 1.56 trillion real chained 2019 US$, 2.2× the median. (51 countries reporting)
- Belgium's 3.41 trillion real chained 2019 US$ is above the median for Europe & Central Asia, which is 652.62 billion real chained 2019 US$, 5.2× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.41 trillion real chained 2019 US$ | 2.35 trillion real chained 2019 US$ | 2.52 trillion real chained 2019 US$ | 5 |
| 2000s | 2.74 trillion real chained 2019 US$ | 2.59 trillion real chained 2019 US$ | 2.91 trillion real chained 2019 US$ | 10 |
| 2010s | 3.06 trillion real chained 2019 US$ | 2.94 trillion real chained 2019 US$ | 3.32 trillion real chained 2019 US$ | 10 |
| 2020s | 3.41 trillion real chained 2019 US$ | 3.41 trillion real chained 2019 US$ | 3.41 trillion real chained 2019 US$ | 1 |
Countries ranked near Belgium
- 18 Indonesia 4.35 trillion real chained 2019 US$ compare
- 19 Sweden 3.82 trillion real chained 2019 US$ compare
- 20 Thailand 3.65 trillion real chained 2019 US$ compare
- 22 Turkey 3.30 trillion real chained 2019 US$ compare
- 23 Poland 3.23 trillion real chained 2019 US$ compare
- 24 Israel 2.91 trillion real chained 2019 US$ compare
More reference data data for Belgium
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9298 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.291 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.09 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1382 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.09 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.12 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.93 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.61 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 10.4 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.7526 (2050)
Frequently asked questions
- What is human capital in Belgium?
- Human capital in Belgium was 3.41 trillion real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
- What is the highest human capital recorded in Belgium?
- The highest recorded value was 3.41 trillion real chained 2019 US$ in 2020.
- What is the lowest human capital recorded in Belgium?
- The lowest recorded value was 2.35 trillion real chained 2019 US$ in 1995.
- How does Belgium rank for human capital?
- Belgium ranks 21st out of 151 countries with data for 2020.
- Is human capital rising or falling in Belgium?
- Over the last ten years it is up 16.2%. The long-run trend across the full record is rising.
- Where does this Belgium data come from?
- The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Human capital (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Human capital is computed as the present value of future earnings for the working population over their lifetimes. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.