Belgium vs Ireland

Belgium vs Ireland: Government debt

Government debt in 2025: 107.9% of GDP in Belgium and 34.8% of GDP in Ireland, by IMF estimates. In 2025 the value was higher in Belgium, by 73.1 percentage points, or 3.1 times that in Ireland.

% of GDP · IMF

Belgium vs Ireland: Government debtGovernment debt in 2025: 107.9% of GDP in Belgium and 34.8% of GDP in Ireland, by IMF estimates. In 2025 the value was higher in Belgium, by 73.1 percentage points, or 3.1 times that in Ireland.
BelgiumIrelandIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Belgium has been higher since 2014, when it overtook Ireland.
  • In 2025, Belgium ranked 9 and Ireland ranked 115 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Belgium at 122.1% of GDP and Ireland at 24.1% of GDP in 2031.

Every year

% of GDP · IMF

YearBelgiumIreland
2025107.934.8
2024103.938.4
2023102.542.1
2022103.342.8
2021108.752.4
2020111.457.1
201997.755.8
2018100.161.4
2017102.565.3
2016105.572.7
2015105.674.1
2014106.6101.5
2013105117.8
2012104.3119
2011102.7109.7
2010100.286.3
200999.961.8
200893.242.5
200787.324
200691.523.7
200595.126.1
200497.228
2003101.729.8
2002105.430.9
2001108.233.6
2000109.636.4
1999115.446.6
1998119.251.4
1997124.361.6
199612969.8
1995131.378.5
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
YearBelgiumIreland
2026109.833.5
2027111.630.8
2028114.128.7
2029116.426.9
2030119.325.3
2031122.124.1

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 Ireland

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