Belgium vs Ukraine

Belgium vs Ukraine: Government debt

Government debt in 2025: 107.9% of GDP in Belgium and 107.1% of GDP in Ukraine, by IMF estimates. In 2025 the value was higher in Belgium, by 0.8 percentage points, or 1.01 times that in Ukraine.

% of GDP · IMF

Belgium vs Ukraine: Government debtGovernment debt in 2025: 107.9% of GDP in Belgium and 107.1% of GDP in Ukraine, by IMF estimates. In 2025 the value was higher in Belgium, by 0.8 percentage points, or 1.01 times that in Ukraine.
BelgiumUkraineIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Belgium has been higher in every year both have figures for since 1997.
  • In 2025, Belgium ranked 9 and Ukraine ranked 11 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Belgium at 122.1% of GDP and Ukraine at 97.2% of GDP in 2031.

Every year

% of GDP · IMF

YearBelgiumUkraine
2025107.9107.1
2024103.989.7
2023102.581.2
2022103.377.7
2021108.748.9
2020111.460.5
201997.750.5
2018100.160.4
2017102.571.6
2016105.579.5
2015105.679.3
2014106.670.3
201310539
2012104.336.1
2011102.735.5
2010100.239.1
200999.934.1
200893.219.7
200787.311.8
200691.514.3
200595.117.1
200497.223.9
2003101.728.3
2002105.432.3
2001108.235.3
2000109.643.7
1999115.461
1998119.248.1
1997124.329.9
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
YearBelgiumUkraine
2026109.8111.8
2027111.6110.3
2028114.1109.6
2029116.4107.3
2030119.3102.1
2031122.197.2

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 Ukraine

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