Private Debt to GDP in Belgium increased to 287 percent in 2020 from 252.50 percent in 2019. source: OECD

Private Debt to GDP in Belgium averaged 219.14 percent from 1995 until 2020, reaching an all time high of 287 percent in 2020 and a record low of 151.50 percent in 1995. Belgium Private Debt to GDP - values, historical data and charts - was last updated on October of 2021.

Private Debt to GDP in Belgium is expected to reach 272.64 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Private Debt to GDP is projected to trend around 282.57 percent in 2022 and 286.63 percent in 2023, according to our econometric models.

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Belgium Private Debt to GDP


Belgium Last Unit Reference Previous Highest Lowest
Private Debt to GDP 287.00 percent Dec/20 252.50 287.00 151.50


Belgium Private Debt to GDP
Private sector debt to GDP measures the indebtedness of both sectors, non-financial corporations and households and non-profit institutions serving households, as a percentage of GDP.