Belgium recorded a government budget deficit of 42318.10 EUR Million in 2020. source: National Bank Of Belgium

Government Budget Value in Belgium averaged -8465.84 EUR Million from 1970 until 2020, reaching an all time high of 779 EUR Million in 2006 and a record low of -42318.10 EUR Million in 2020. This page provides - Belgium Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Government Budget Value - values, historical data and charts - was last updated on September of 2021.

Government Budget Value in Belgium is expected to reach 3584.26 EUR Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Government Budget Value is projected to trend around 3584.26 EUR Million in 2022, according to our econometric models.

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Belgium Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-42318.10 -9079.30 779.00 -42318.10 1970 - 2020 EUR Million Yearly
Current Prices, NSA

Belgium Government Last Previous Highest Lowest Unit
Government Debt to GDP 114.10 98.10 133.10 74.10 percent of GDP [+]
Government Budget -9.40 -1.90 0.20 -9.40 percent of GDP [+]
Government Budget Value -42318.10 -9079.30 779.00 -42318.10 EUR Million [+]
Government Spending 27224.00 26302.00 27224.00 9857.00 EUR Million [+]
Government Spending to GDP 60.00 52.10 64.00 48.60 percent of GDP [+]
Government Revenues 228251.20 239022.00 239022.00 12733.00 EUR Million [+]
Government Debt 643789.00 646708.00 649798.00 310141.00 EUR Million [+]
Fiscal Expenditure 270569.30 248101.30 270569.30 110858.20 EUR Million [+]
Credit Rating 86.00 [+]
Military Expenditure 5330.00 4761.00 8909.00 2074.00 USD Million [+]
Asylum Applications 1185.00 1135.00 6360.00 170.00 persons [+]

Belgium Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.