Belgium recorded a Government Debt to GDP of 103.90 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 109.50 percent of GDP by the end of 2026, 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 111.90 percent of GDP in 2027 and 114.00 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Asylum Applications 2045.00 1715.00 persons Dec 2025
Government Budget -4.40 -4.00 percent of GDP Dec 2024
Government Debt to GDP 103.90 102.40 percent of GDP Dec 2024
Government Spending to GDP 54.10 52.80 percent of GDP Dec 2024


Belgium Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
103.90 102.40 133.10 74.10 1980 - 2024 percent of GDP Yearly