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Government debt

Belgium

Belgium. General government gross debt. Put borrowing in the context of the economy and explore how it has changed over time.

Debt / GDP · 2025107.9%History / IMF estimates
Debt, US$ bn · 2025782.3History / IMF estimates
Per person, US$ · 202565,837History / IMF estimates
GDP, US$ bn · 2025725.1History / IMF estimates

What the figures show

History / IMF estimates

Belgium: IMF data and estimates put government debt at 107.9% of GDP in 2025. The derived debt amount is US$ 782.3 billion.

  • The debt-to-GDP ratio is 4.0 percentage points above its 2024 level.
  • This is above the median of 52.85% of GDP across 192 countries with data for the selected year.
  • Over 2015–2025, the debt-to-GDP ratio increases by 2.3 percentage points.

The median is not weighted by economic size. A change in the debt-to-GDP ratio does not necessarily imply the same change in the debt amount. About the data ↗

Government debt over time

Debt as % of GDP. Dashed lines: current-year estimate/projection and future projections.

Government debt over time038751131502000200520102015202020252031Belgium · 2000: 109.6% — History / IMF estimatesBelgium · 2001: 108.2% — History / IMF estimatesBelgium · 2002: 105.4% — History / IMF estimatesBelgium · 2003: 101.7% — History / IMF estimatesBelgium · 2004: 97.2% — History / IMF estimatesBelgium · 2005: 95.1% — History / IMF estimatesBelgium · 2006: 91.5% — History / IMF estimatesBelgium · 2007: 87.3% — History / IMF estimatesBelgium · 2008: 93.2% — History / IMF estimatesBelgium · 2009: 99.9% — History / IMF estimatesBelgium · 2010: 100.2% — History / IMF estimatesBelgium · 2011: 102.7% — History / IMF estimatesBelgium · 2012: 104.3% — History / IMF estimatesBelgium · 2013: 105.0% — History / IMF estimatesBelgium · 2014: 106.6% — History / IMF estimatesBelgium · 2015: 105.6% — History / IMF estimatesBelgium · 2016: 105.5% — History / IMF estimatesBelgium · 2017: 102.5% — History / IMF estimatesBelgium · 2018: 100.1% — History / IMF estimatesBelgium · 2019: 97.7% — History / IMF estimatesBelgium · 2020: 111.4% — History / IMF estimatesBelgium · 2021: 108.7% — History / IMF estimatesBelgium · 2022: 103.3% — History / IMF estimatesBelgium · 2023: 102.5% — History / IMF estimatesBelgium · 2024: 103.9% — History / IMF estimatesBelgium · 2025: 107.9% — History / IMF estimatesBelgium · 2026: 109.8% — IMF estimate / projectionBelgium · 2027: 111.6% — IMF projectionBelgium · 2028: 114.1% — IMF projectionBelgium · 2029: 116.4% — IMF projectionBelgium · 2030: 119.3% — IMF projectionBelgium · 2031: 122.1% — IMF projection
Belgium
Chart data table
YearBelgium (%)Source
2031122.1IMF projection
2030119.3IMF projection
2029116.4IMF projection
2028114.1IMF projection
2027111.6IMF projection
2026109.8IMF estimate / projection
2025107.9History / IMF estimates
2024103.9History / IMF estimates
2023102.5History / IMF estimates
2022103.3History / IMF estimates
2021108.7History / IMF estimates
2020111.4History / IMF estimates
201997.7History / IMF estimates
2018100.1History / IMF estimates
2017102.5History / IMF estimates
2016105.5History / IMF estimates
2015105.6History / IMF estimates
2014106.6History / IMF estimates
2013105.0History / IMF estimates
2012104.3History / IMF estimates
2011102.7History / IMF estimates
2010100.2History / IMF estimates
200999.9History / IMF estimates
200893.2History / IMF estimates
200787.3History / IMF estimates
200691.5History / IMF estimates
200595.1History / IMF estimates
200497.2History / IMF estimates
2003101.7History / IMF estimates
2002105.4History / IMF estimates
2001108.2History / IMF estimates
2000109.6History / IMF estimates

The DataMapper API does not provide the actual/estimate cutoff for each country and series. Past years are therefore labelled history/IMF estimates, the current year estimate/projection, and later years projections. Historical values can be revised. There is no simulated real-time debt counter.

Source: IMF WEO · World Economic Outlook (October 2026) · Retrieved 2026-11-01. About the data