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Belgium Debt to GDP Ratio

Belgium's Debt to GDP Ratio reached 104% in 2024. This is an increase from 102% in 2023. Belgium's record low Debt to GDP Ratio was 74.1% in 1980 and record high was 133.1% in 1993.

Yearly Historical Data (1980-2024)

(in %)
Year Debt to GDP Ratio
2024 104%
2023 102%
2022 102.7%
2021 108.5%
2020 111.2%
2019 97.6%
2018 100.1%
2017 102.5%
2016 105.5%
2015 105.6%
2014 106.5%
2013 105.5%
2012 104.8%
2011 103.5%
2010 100.3%
2009 100.2%
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 132.3%
1993 133.1%
1992 128.8%
1991 127.2%
1990 125.8%
1989 122%
1988 125.2%
1987 124.8%
1986 120.4%
1985 115.3%
1984 110.6%
1983 106.5%
1982 96.2%
1981 86.6%
1980 74.1%
Belgium Debt to GDP Ratio : Definition
Belgium's government debt to GDP shows its debt relative to economic output. It's calculated by dividing total government debt by gross domestic product. Higher ratios suggest potential repayment challenges.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio -0.4% 0.2% Dec'24
Private Credit (% GDP) 68.8% 70% 2024