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

Government debt in BelgiumGovernment debt in Belgium: 76.8% of GDP in 1980 and 107.9% of GDP in 2025, by IMF estimates. The IMF projection (World Economic Outlook, October 2026) puts it at 122.1% of GDP in 2031.
Estimates, IMFIMF projection (World Economic Outlook, October 2026)

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

YearBelgium
2025107.9
2024103.9
2023102.5
2022103.3
2021108.7
2020111.4
201997.7
2018100.1
2017102.5
2016105.5
2015105.6
2014106.6
2013105
2012104.3
2011102.7
2010100.2
200999.9
200893.2
200787.3
200691.5
200595.1
200497.2
2003101.7
2002105.4
2001108.2
2000109.6
1999115.4
1998119.2
1997124.3
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
YearBelgium
2026109.8
2027111.6
2028114.1
2029116.4
2030119.3
2031122.1

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

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