Belgium
Government debt in Belgium
Government debt in Belgium: 76.8% of GDP in 1980 and 107.9% of GDP in 2025, by IMF estimates.
- Latest, 2025
- 107.9% of GDP
- Since 1980
- +31.1 percentage points
- Rank, 2025
- 9 of 149
- counting from the highest
- Projected, 2031
- 122.1% of GDP
- IMF projection (World Economic Outlook, October 2026)
% of GDP · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 122.1% of GDP in 2031.
- The highest was 138.9% of GDP in 1993, the lowest 76.8% of GDP in 1980.
Every year
% of GDP · IMF
| Year | Belgium |
|---|---|
| 2025 | 107.9 |
| 2024 | 103.9 |
| 2023 | 102.5 |
| 2022 | 103.3 |
| 2021 | 108.7 |
| 2020 | 111.4 |
| 2019 | 97.7 |
| 2018 | 100.1 |
| 2017 | 102.5 |
| 2016 | 105.5 |
| 2015 | 105.6 |
| 2014 | 106.6 |
| 2013 | 105 |
| 2012 | 104.3 |
| 2011 | 102.7 |
| 2010 | 100.2 |
| 2009 | 99.9 |
| 2008 | 93.2 |
| 2007 | 87.3 |
| 2006 | 91.5 |
| 2005 | 95.1 |
| 2004 | 97.2 |
| 2003 | 101.7 |
| 2002 | 105.4 |
| 2001 | 108.2 |
| 2000 | 109.6 |
| 1999 | 115.4 |
| 1998 | 119.2 |
| 1997 | 124.3 |
| 1996 | 129 |
| 1995 | 131.3 |
| 1994 | 137.1 |
| 1993 | 138.9 |
| 1992 | 134.7 |
| 1991 | 131.8 |
| 1990 | 130.3 |
| 1989 | 126.4 |
| 1988 | 129.7 |
| 1987 | 129.2 |
| 1986 | 124.7 |
| 1985 | 119.4 |
| 1984 | 114.6 |
| 1983 | 110.3 |
| 1982 | 99.6 |
| 1981 | 89.7 |
| 1980 | 76.8 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Belgium |
|---|---|
| 2026 | 109.8 |
| 2027 | 111.6 |
| 2028 | 114.1 |
| 2029 | 116.4 |
| 2030 | 119.3 |
| 2031 | 122.1 |
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 in numbers
Every measure for Belgium on one page
Health
People
Economy
Education
Politics
Conflict
Military
- Military spending2.01% of GDP in 2025
- Military spending in US dollars$13.6B in 2025
- Military spending per person$1,237 in 2025
- Military share of state spending3.7% of government spending in 2025
- Armed forces personnel24,000 people in 2020
- National power0.22% of world capability in 2022
- Armed forces, share of workers0.47% of the labour force in 2020
- Arms imports430 million TIV in 2025
- Arms exports86 million TIV in 2025
Climate
Technology and environment
Other places nearby
- LuxembourgLuxembourg · Statistics, Public holidays
- NetherlandsNetherlands · Earthquakes, Statistics, Public holidays
- GermanyGermany · Earthquakes, Statistics, Public holidays
- FranceFrance · Earthquakes, Statistics, Public holidays
- SwitzerlandSwitzerland · Earthquakes, Statistics
- JerseyJersey · Statistics
- LiechtensteinLiechtenstein · Statistics
- GuernseyGuernsey · Statistics