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 2021 was 109.22%, a 10.26% decline from 2020.
  • Belgium debt to gdp ratio for 2020 was 119.48%, a 16.1% increase from 2019.
  • Belgium debt to gdp ratio for 2019 was 103.38%, a 1.99% increase from 2018.
  • Belgium debt to gdp ratio for 2018 was 101.39%, a 2.49% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Croatia 687.99%
Greece 237.13%
Japan 217.61%
United Kingdom 186.48%
Singapore 153.80%
Spain 135.82%
United States 120.37%
France 116.55%
Belgium 109.22%
Iceland 96.87%
San Marino 95.12%
Austria 94.32%
Hungary 86.91%
Bahamas 86.19%
Slovak Republic 79.25%
Australia 70.18%
Ireland 65.40%
Canada 64.04%
New Zealand 50.99%
South Korea 49.16%
Lithuania 48.91%
Sweden 40.66%
Estonia 23.67%
Switzerland 20.30%
Belgium Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2021 109.22% -10.26%
2020 119.48% 16.10%
2019 103.38% 1.99%
2018 101.39% -2.49%
2017 103.88% -6.31%
2016 110.20% 1.60%
2015 108.59% -3.72%
2014 112.31% 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%