Belgium recorded a Government Debt to GDP of 104.70 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Belgium averaged 108.88 percent of GDP from 1980 until 2024, reaching an all time high of 133.10 percent of GDP in 1993 and a record low of 74.10 percent of GDP in 1980. source: EUROSTAT
Government Debt to GDP in Belgium is expected to reach 106.60 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Government Debt to GDP is projected to trend around 109.60 percent of GDP in 2026 and 112.80 percent of GDP in 2027, according to our econometric models.