Expense in Belgium
Belgium: Expense was 223.05 billion current LCU in 2022. ▲ Rising
Expense in Belgium, 1995–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Belgium recorded 223.05 billion current LCU for expense in 2022. That is the highest value across all 28 years on record.
Compared with earlier readings it is up 6.4% on the previous year and up 25.8% over ten years.
Over the whole period, expense in Belgium peaked at 223.05 billion current LCU in 2022 and was at its lowest, 95.93 billion current LCU, in 1995.
Belgium ranks 82nd of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 100.81 billion current LCU | 95.93 billion current LCU | 106.16 billion current LCU | 5 |
| 2000s | 128.47 billion current LCU | 109.31 billion current LCU | 153.83 billion current LCU | 10 |
| 2010s | 176.51 billion current LCU | 158.25 billion current LCU | 188.91 billion current LCU | 10 |
| 2020s | 211.69 billion current LCU | 202.46 billion current LCU | 223.05 billion current LCU | 3 |
Countries ranked near Belgium
- 79 Mozambique 313.54 billion current LCU compare
- 80 Malaysia 310.25 billion current LCU compare
- 81 North Macedonia 301.38 billion current LCU compare
- 83 Austria 219.95 billion current LCU compare
- 84 Peru 200.66 billion current LCU compare
- 85 Guinea-Bissau 195.73 billion current LCU compare
More public sector data for Belgium
- Arms imports 515.00 million SIPRI trend indicator values (2024)
- Tax revenue 23.0% (2024)
- Taxes on income, profits and capital gains 35.9% (2024)
- Taxes on goods and services 23.9% (2024)
- Net investment in nonfinancial assets 0.7% (2024)
- Net lending (+) / net borrowing (-) -2.7% (2024)
- Interest payments 4.5% (2024)
- Grants and other revenue 3.9% (2024)
- Interest payments 3.2% (2022)
- Other taxes 0.6% (2024)
Frequently asked questions
- What is expense in Belgium?
- Expense in Belgium was 223.05 billion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Belgium?
- The highest recorded value was 223.05 billion current LCU in 2022.
- What is the lowest expense recorded in Belgium?
- The lowest recorded value was 95.93 billion current LCU in 1995.
- How does Belgium rank for expense?
- Belgium ranks 82nd out of 157 countries with data for 2022.
- Is expense rising or falling in Belgium?
- Over the last ten years it is up 25.8%. The long-run trend across the full record is rising.
- Where does this Belgium data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.