Belgium vs Indonesia

Belgium vs Indonesia: Government debt

Government debt in 2025: 107.9% of GDP in Belgium and 40.9% of GDP in Indonesia, by IMF estimates. In 2025 the value was higher in Belgium, by 67 percentage points, or 2.64 times that in Indonesia.

% of GDP · IMF

Belgium vs Indonesia: Government debtGovernment debt in 2025: 107.9% of GDP in Belgium and 40.9% of GDP in Indonesia, by IMF estimates. In 2025 the value was higher in Belgium, by 67 percentage points, or 2.64 times that in Indonesia.
BelgiumIndonesiaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Belgium has been higher in every year both have figures for since 2000.
  • In 2025, Belgium ranked 9 and Indonesia ranked 101 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Belgium at 122.1% of GDP and Indonesia at 41.6% of GDP in 2031.

Every year

% of GDP · IMF

YearBelgiumIndonesia
2025107.940.9
2024103.940.2
2023102.539.6
2022103.340.1
2021108.741.1
2020111.439.8
201997.730.6
2018100.130.4
2017102.529.4
2016105.528
2015105.627
2014106.624.6
201310524.9
2012104.323
2011102.723.1
2010100.226.4
200999.926.5
200893.230.3
200787.338.1
200691.535.9
200595.142.6
200497.251.3
2003101.755.6
2002105.462.3
2001108.273.7
2000109.687.4
1999115.4–
1998119.2–
1997124.3–
1996129–
1995131.3–
1994137.1–
1993138.9–
1992134.7–
1991131.8–
1990130.3–
1989126.4–
1988129.7–
1987129.2–
1986124.7–
1985119.4–
1984114.6–
1983110.3–
198299.6–
198189.7–
198076.8–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearBelgiumIndonesia
2026109.841.7
2027111.641.6
2028114.141.4
2029116.441.5
2030119.341.6
2031122.141.6

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 Indonesia

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