Belgium recorded a Government Debt to GDP of 114.10 percent of the country's Gross Domestic Product in 2020. source: EUROSTAT

Government Debt to GDP in Belgium averaged 109.34 percent from 1980 until 2020, reaching an all time high of 133.10 percent in 1993 and a record low of 74.10 percent in 1980. This page provides - Belgium Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Government Debt to GDP - values, historical data and charts - was last updated on October of 2021.

Government Debt to GDP in Belgium is expected to reach 116.00 percent of GDP by the end of 2021, 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 115.20 percent of GDP in 2022 and 115.00 percent of GDP in 2023, according to our econometric models.

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Belgium Government Debt to GDP


Belgium Last Unit Reference Previous Highest Lowest
Government Debt to GDP 114.10 percent of GDP Dec/20 98.10 133.10 74.10
Government Budget -9.40 percent of GDP Dec/20 -1.90 0.20 -9.40
Government Spending to GDP 60.00 percent of GDP Dec/20 52.10 64.00 48.60
Asylum Applications 1185.00 persons Apr/21 1135.00 6360.00 170.00


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.