Inflation, GDP deflator: linked series in Belgium

Belgium: Inflation, GDP deflator: linked series was 2.6% in 2025. ◆ Volatile

Latest (2025)
2.6%
Change on year
up 36.0%
World rank
137th
of 212 countries
All-time high
6.7%
in 2022
All-time low
0.5%
in 1996
Years of data
36
1990–2025

Inflation, GDP deflator: linked series in Belgium, 1990–2025

02461990200720251990: 2.8 annual %1991: 2.9 annual %1992: 3.4 annual %1993: 4 annual %1994: 2.1 annual %1995: 1.2 annual %1996: 0.477 annual %1997: 0.758 annual %1998: 1.8 annual %1999: 0.599 annual %2000: 2 annual %2001: 2 annual %2002: 1.6 annual %2003: 1.9 annual %2004: 1.9 annual %2005: 2.1 annual %2006: 2.3 annual %2007: 1.9 annual %2008: 1.9 annual %2009: 0.782 annual %2010: 1.7 annual %2011: 2.3 annual %2012: 2.2 annual %2013: 1.4 annual %2014: 0.84 annual %2015: 1.1 annual %2016: 1.9 annual %2017: 2 annual %2018: 1.7 annual %2019: 1.9 annual %2020: 1.6 annual %2021: 2.7 annual %2022: 6.7 annual %2023: 5.5 annual %2024: 1.9 annual %2025: 2.6 annual %

Source: Staff estimates, World Bank (WB). Measured in annual %.

Analysis

The most recent figure for inflation, gdp deflator: linked series in Belgium is 2.6%, measured in 2025.

The figure is up 36.0% on the previous year and up 127.9% over ten years.

Over the whole period, inflation, gdp deflator: linked series in Belgium peaked at 6.7% in 2022 and was at its lowest, 0.5%, in 1996.

That places Belgium 137th out of 212 countries with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Inflation, GDP deflator: linked series in Belgium, year by year

Annual values for Inflation, GDP deflator: linked series (annual %) in Belgium, 1990 to 2025.
Year annual % Change
1990 2.8%
1991 2.9% +2.3%
1992 3.4% +19.0%
1993 4.0% +16.6%
1994 2.1% -47.6%
1995 1.2% -41.7%
1996 0.5% -61.0%
1997 0.8% +58.9%
1998 1.8% +138.3%
1999 0.6% -66.8%
2000 2.0% +236.4%
2001 2.0% -1.6%
2002 1.6% -17.3%
2003 1.9% +12.8%
2004 1.9% +3.5%
2005 2.1% +8.8%
2006 2.3% +8.7%
2007 1.9% -14.7%
2008 1.9% -1.2%
2009 0.8% -59.0%
2010 1.7% +117.8%
2011 2.3% +34.6%
2012 2.2% -3.8%
2013 1.4% -36.0%
2014 0.8% -40.5%
2015 1.1% +33.5%
2016 1.9% +68.9%
2017 2.0% +4.6%
2018 1.7% -13.4%
2019 1.9% +8.0%
2020 1.6% -13.9%
2021 2.7% +69.0%
2022 6.7% +148.4%
2023 5.5% -17.8%
2024 1.9% -65.9%
2025 2.6% +36.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.0% 0.5% 4.0% 10
2000s 1.8% 0.8% 2.3% 10
2010s 1.7% 0.8% 2.3% 10
2020s 3.5% 1.6% 6.7% 6

Countries ranked near Belgium

  1. 134 Andorra 2.6% compare
  2. 135 Seychelles 2.6% compare
  3. 136 Saint Lucia 2.6% compare
  4. 138 Canada 2.6% compare
  5. 139 Cayman Islands 2.4% compare
  6. 140 Monaco 2.4% compare

See the full ranking of 213 places →

More financial sector data for Belgium

All data for Belgium →

Frequently asked questions

What is inflation, gdp deflator: linked series in Belgium?
Inflation, gdp deflator: linked series in Belgium was 2.6% in 2025, according to Staff estimates, World Bank (WB).
What is the highest inflation, gdp deflator: linked series recorded in Belgium?
The highest recorded value was 6.7% in 2022.
What is the lowest inflation, gdp deflator: linked series recorded in Belgium?
The lowest recorded value was 0.5% in 1996.
How does Belgium rank for inflation, gdp deflator: linked series?
Belgium ranks 137th out of 212 countries with data for 2025.
Is inflation, gdp deflator: linked series rising or falling in Belgium?
Over the last ten years it is up 127.9%. The long-run trend across the full record is volatile.
Where does this Belgium data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Inflation, GDP deflator: linked series (annual %). Statizoid updates them automatically from the source API.

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Inflation, GDP deflator: linked series in Belgium. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 28 August 2026, from https://financial-sector.statizoid.com/stat/inflation-gdp-deflator-linked-series-annual-percent/belgium/

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About this data

Indicator
Inflation, GDP deflator: linked series (annual %)
Unit
annual %
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
213 places, 7,277 data points, 1990–2025
Last refreshed

Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.