Belgium recorded a Government Budget deficit equal to 9.40 percent of the country's Gross Domestic Product in 2020. source: EUROSTAT

Government Budget in Belgium averaged -2.30 percent of GDP from 1995 until 2020, reaching an all time high of 0.20 percent of GDP in 2001 and a record low of -9.40 percent of GDP in 2020. This page provides - Belgium Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Government Budget - values, historical data and charts - was last updated on December of 2021.

Government Budget in Belgium is expected to reach -6.80 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 Budget is projected to trend around -4.20 percent of GDP in 2022 and -3.50 percent of GDP in 2023, according to our econometric models.

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Belgium Government Budget

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Belgium Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.