Belgium vs Mexico

Belgium vs Mexico: Government debt

Government debt in 2025: 107.9% of GDP in Belgium and 61.7% of GDP in Mexico, by IMF estimates. In 2025 the value was higher in Belgium, by 46.2 percentage points, or 1.75 times that in Mexico.

% of GDP · IMF

Belgium vs Mexico: Government debtGovernment debt in 2025: 107.9% of GDP in Belgium and 61.7% of GDP in Mexico, by IMF estimates. In 2025 the value was higher in Belgium, by 46.2 percentage points, or 1.75 times that in Mexico.
BelgiumMexicoIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Belgium has been higher in every year both have figures for since 1996.
  • In 2025, Belgium ranked 9 and Mexico ranked 52 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Belgium at 122.1% of GDP and Mexico at 64.5% of GDP in 2031.

Every year

% of GDP · IMF

YearBelgiumMexico
2025107.961.7
2024103.959
2023102.552.7
2022103.353.8
2021108.756.7
2020111.458.5
201997.751.9
2018100.152.2
2017102.552.5
2016105.555
2015105.651
2014106.647.1
201310544.1
2012104.340.8
2011102.741.2
2010100.240.2
200999.941.7
200893.240.6
200787.335.5
200691.535.8
200595.136.8
200497.238.9
2003101.742.1
2002105.439.9
2001108.237.3
2000109.638.5
1999115.441.7
1998119.239.7
1997124.339.1
199612942.5
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
YearBelgiumMexico
2026109.862.1
2027111.662.9
2028114.163.4
2029116.464
2030119.364.3
2031122.164.5

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 Mexico

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