Government spending in Belgium was last recorded at 54.8 percent of GDP in 2021 . source: EUROSTAT
Government Spending to GDP in Belgium averaged 54.37 percent of GDP from 1980 until 2021, reaching an all time high of 64 percent of GDP in 1983 and a record low of 48.60 percent of GDP in 2007. This page provides the latest reported value for - Belgium Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Belgium Government Spending to GDP - values, historical data and charts - was last updated on August of 2022.
Government Spending to GDP in Belgium is expected to reach 54.20 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Government Spending to GDP is projected to trend around 54.20 percent of GDP in 2023, according to our econometric models.