Expense in Belgium

Belgium: Expense was 39.7% in 2022. ▼ Falling

Latest (2022)
39.7%
Change on year
down 4.1%
World rank
20th
of 157 countries
All-time high
45.9%
in 1996
All-time low
39.4%
in 2019
Years of data
28
1995–2022

Expense in Belgium, 1995–2022

010203040501995200820221995: 45.6 % of GDP1996: 45.9 % of GDP1997: 44.7 % of GDP1998: 44.4 % of GDP1999: 43.8 % of GDP2000: 42.6 % of GDP2001: 43 % of GDP2002: 41.4 % of GDP2003: 42.6 % of GDP2004: 40.9 % of GDP2005: 43.5 % of GDP2006: 40.6 % of GDP2007: 40.3 % of GDP2008: 42.1 % of GDP2009: 44.2 % of GDP2010: 43.6 % of GDP2011: 44.5 % of GDP2012: 45.7 % of GDP2013: 45.3 % of GDP2014: 45 % of GDP2015: 41.7 % of GDP2016: 41.2 % of GDP2017: 40.1 % of GDP2018: 39.9 % of GDP2019: 39.4 % of GDP2020: 43.7 % of GDP2021: 41.4 % of GDP2022: 39.7 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

In 2022, expense in Belgium stood at 39.7%.

Compared with earlier readings it is down 4.1% on the previous year and down 13.1% over ten years.

Over the whole period, expense in Belgium peaked at 45.9% in 1996 and was at its lowest, 39.4%, in 2019.

Belgium ranks 20th of 157 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 28 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 44.9% 43.8% 45.9% 5
2000s 42.1% 40.3% 44.2% 10
2010s 42.6% 39.4% 45.7% 10
2020s 41.6% 39.7% 43.7% 3

Countries ranked near Belgium

  1. 17 Lesotho 40.2% compare
  2. 18 Netherlands 40.0% compare
  3. 19 Slovakia 39.8% compare
  4. 21 Afghanistan 39.2% compare
  5. 22 Poland 39.1% compare
  6. 23 Cyprus 38.5% compare

See the full ranking of 183 places →

More economy & growth data for Belgium

All data for Belgium →

Frequently asked questions

What is expense in Belgium?
Expense in Belgium was 39.7% 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 45.9% in 1996.
What is the lowest expense recorded in Belgium?
The lowest recorded value was 39.4% in 2019.
How does Belgium rank for expense?
Belgium ranks 20th out of 157 countries with data for 2022.
Is expense rising or falling in Belgium?
Over the last ten years it is down 13.1%. The long-run trend across the full record is falling.
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 (% of GDP). 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

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.