Belgium Government gross debt in Belgium

International Monetary Fund · Annual · Importance

IMF forecast (WEO): 2026: 109.2% 2027: 111.5% 2028: 114.2% 2029: 116.6% 2030: 119.5% 2031: 122.3%
115.4 (1999) ANUAL · % of GDP · Annual · CSV
Period% of GDP
Jan 1999 115.4
Jan 1998 119.2
Jan 1997 124.3
Jan 1996 129.0
Jan 1995 131.3
Jan 1994 137.1
Jan 1993 138.9
Jan 1992 134.7
Jan 1991 131.8
Jan 1990 130.3

About this indicator

Source
International Monetary Fund
Frequency
Annual
Release
Published annually (with quarterly advance estimates in some economies), subject to revision with the national accounts.
What it is
Government gross debt is the total stock of liabilities owed by Belgium's general government to its creditors. It is expressed in absolute terms and, above all, as a percentage of GDP to assess sustainability.
How it's calculated
It is measured on the excessive deficit procedure (EDP) basis, consolidating the liabilities of all levels of general government, using Eurostat and National Bank of Belgium data. The debt-to-GDP ratio sets that stock against the economy.
Market implications
Belgium ranks among the most indebted euro-area economies, so its ratio is closely watched by Brussels and by markets: a high level bears on debt-servicing costs, the risk premium over the Bund and the room for fiscal policy.
Limitations
It is a low-frequency figure revised with the national accounts. The ratio depends on both the debt stock and nominal GDP, so it can move without any real change in borrowing.