Belgium Debt to GDP Ratio 1995-2024

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • Belgium debt to gdp ratio for 2022 was 94.04%, a 13.97% decline from 2021.
  • Belgium debt to gdp ratio for 2021 was 108.01%, a 11.26% decline from 2020.
  • Belgium debt to gdp ratio for 2020 was 119.27%, a 15.9% increase from 2019.
  • Belgium debt to gdp ratio for 2019 was 103.37%, a 1.98% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Japan 216.21%
Greece 203.29%
Singapore 157.36%
United Kingdom 142.28%
Italy 139.00%
Cyprus 125.92%
Portugal 119.40%
United States 110.39%
Spain 104.79%
France 98.66%
Belgium 94.04%
Iceland 87.52%
Bahamas 82.16%
Croatia 82.08%
Hungary 75.47%
Austria 75.05%
Latvia 73.87%
Slovenia 71.86%
Slovak Republic 64.51%
Finland 60.79%
Malta 59.11%
Australia 57.97%
Canada 56.09%
Netherlands 53.67%
South Korea 51.18%
Poland 50.15%
Czech Republic 46.82%
Ireland 46.71%
Germany 44.53%
Sweden 36.25%
Lithuania 36.05%
Norway 28.71%
Denmark 26.37%
Luxembourg 26.23%
Estonia 25.20%
Switzerland 18.15%
Belgium Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2022 94.04% -13.97%
2021 108.01% -11.26%
2020 119.27% 15.90%
2019 103.37% 1.98%
2018 101.38% -2.48%
2017 103.86% -6.32%
2016 110.18% 1.60%
2015 108.58% -3.72%
2014 112.30% 10.74%
2013 101.56% -2.46%
2012 104.03% 8.46%
2011 95.57% 2.36%
2010 93.21% -2.74%
2009 95.94% 4.64%
2008 91.30% 7.82%
2007 83.48% -5.90%
2006 89.38% -7.38%
2005 96.75% -1.34%
2004 98.10% -4.10%
2003 102.20% -6.15%
2002 108.35% -0.57%
2001 108.92% -0.73%
2000 109.65% -5.47%
1999 115.12% -10.88%
1998 126.01% 1.90%
1997 124.10% -3.23%
1996 127.33% 1.75%
1995 125.58% 1.75%