Belgium vs Sweden

Belgium vs Sweden: Government debt

Government debt in 2025: 107.9% of GDP in Belgium and 34.6% of GDP in Sweden, by IMF estimates. In 2025 the value was higher in Belgium, by 73.4 percentage points, or 3.12 times that in Sweden.

% of GDP · IMF

Belgium vs Sweden: Government debtGovernment debt in 2025: 107.9% of GDP in Belgium and 34.6% of GDP in Sweden, by IMF estimates. In 2025 the value was higher in Belgium, by 73.4 percentage points, or 3.12 times that in Sweden.
BelgiumSwedenIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Belgium has been higher in every year both have figures for since 1993.
  • In 2025, Belgium ranked 9 and Sweden ranked 118 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Belgium at 122.1% of GDP and Sweden at 30.7% of GDP in 2031.

Every year

% of GDP · IMF

YearBelgiumSweden
2025107.934.6
2024103.933.9
2023102.532.2
2022103.334.4
2021108.737.2
2020111.440.5
201997.736
2018100.140.2
2017102.541.9
2016105.543.2
2015105.644.8
2014106.646.1
201310541.2
2012104.338.1
2011102.737.8
2010100.238.7
200999.941.3
200893.238
200787.339.3
200691.543.9
200595.149
200497.248.7
2003101.749.5
2002105.449.9
2001108.252
2000109.650.4
1999115.460.3
1998119.265.4
1997124.367.7
199612968.9
1995131.368.7
1994137.168.6
1993138.966.1
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
YearBelgiumSweden
2026109.835.1
2027111.635.5
2028114.134.8
2029116.433.6
2030119.332.3
2031122.130.7

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 Sweden

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