Austria vs Belgium: Government debt

Government debt: 80% of GDP in Austria in 2024 and 107.9% of GDP in Belgium in 2025, by IMF estimates. In 2024 the value was higher in Belgium, by 23.9 percentage points, or 1.3 times that in Austria.

Watch it change on the map

% of GDP · IMF

AustriaBelgiumIMF projection (World Economic Outlook, October 2026)

What the numbers say

Belgium has been higher in every year both have figures for since 1988.
The IMF projection (World Economic Outlook, October 2026) puts Austria at 84.3% of GDP and Belgium at 122.1% of GDP in 2031.

Every year

% of GDP · IMF

Year	Austria	Belgium
2025	81.4	107.9
2024	80	103.9
2023	77.8	102.5
2022	78.1	103.3
2021	82.4	108.7
2020	83.2	111.4
2019	71	97.7
2018	74.6	100.1
2017	79.1	102.5
2016	83.4	105.5
2015	85.6	105.6
2014	85.2	106.6
2013	82.4	105
2012	82.9	104.3
2011	83.4	102.7
2010	83.7	100.2
2009	80.8	99.9
2008	69.5	93.2
2007	65.8	87.3
2006	68.2	91.5
2005	69.4	95.1
2004	65.9	97.2
2003	66.4	101.7
2002	67.4	105.4
2001	67.2	108.2
2000	66.1	109.6
1999	61.3	115.4
1998	69.2	119.2
1997	63.4	124.3
1996	68.2	129
1995	68.2	131.3
1994	64.1	137.1
1993	61	138.9
1992	56.3	134.7
1991	56.4	131.8
1990	56.2	130.3
1989	56.6	126.4
1988	57.7	129.7
1987	–	129.2
1986	–	124.7
1985	–	119.4
1984	–	114.6
1983	–	110.3
1982	–	99.6
1981	–	89.7
1980	–	76.8

12.3Projected

IMF projection (World Economic Outlook, October 2026) · 2026–2031

Year	Austria	Belgium
2026	82.4	109.8
2027	82.3	111.6
2028	82.4	114.1
2029	82.9	116.4
2030	83.5	119.3
2031	84.3	122.1

Each country on its own

Good to know

What the government owes, as a share of the economy’s yearly output.
Source: IMF, World Economic Outlook, October 2026.
The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Austria vs Belgium: Government debt

What the numbers say

Every year

Each country on its own

Good to know

Austria vs Belgium

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