Belgium vs India

Belgium vs India: Government debt

Government debt: 107.9% of GDP in Belgium in 2025 and 84.8% of GDP in India in 2024, by IMF estimates. In 2024 the value was higher in Belgium, by 19.1 percentage points, or 1.23 times that in India.

% of GDP · IMF

Belgium vs India: Government debtGovernment debt: 107.9% of GDP in Belgium in 2025 and 84.8% of GDP in India in 2024, by IMF estimates. In 2024 the value was higher in Belgium, by 19.1 percentage points, or 1.23 times that in India.
BelgiumIndiaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Belgium has been higher in every year both have figures for since 1991.
  • The IMF projection (World Economic Outlook, October 2026) puts Belgium at 122.1% of GDP and India at 75.1% of GDP in 2031.

Every year

% of GDP · IMF

YearBelgiumIndia
2025107.984.3
2024103.984.8
2023102.584.8
2022103.384.4
2021108.785.5
2020111.490.4
201997.776.5
2018100.171.6
2017102.570.7
2016105.569.8
2015105.669.7
2014106.667.6
201310568
2012104.368.1
2011102.768.7
2010100.267.7
200999.972.7
200893.274.3
200787.375.4
200691.577.9
200595.182.4
200497.284.9
2003101.785.9
2002105.484.3
2001108.280.1
2000109.674.9
1999115.471.3
1998119.269.3
1997124.369
199612967.1
1995131.370.9
1994137.174.8
1993138.978.3
1992134.778.8
1991131.876.7
1990130.3–
1989126.4–
1988129.7–
1987129.2–
1986124.7–
1985119.4–
1984114.6–
1983110.3–
198299.6–
198189.7–
198076.8–
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearBelgiumIndia
2026109.883.1
2027111.681.3
2028114.179.9
2029116.478.4
2030119.377
2031122.175.1

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

Belgium vs India

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