Interest payments in Belgium

Belgium: Interest payments was 3.2% in 2022. ▼ Falling

Latest (2022)
3.2%
Change on year
down 10.6%
World rank
108th
of 152 countries
All-time high
17.9%
in 1995
All-time low
3.2%
in 2022
Years of data
28
1995–2022

Interest payments in Belgium, 1995–2022

51015201995200820221995: 17.9 % of expense1996: 17.1 % of expense1997: 15.9 % of expense1998: 15.4 % of expense1999: 14.5 % of expense2000: 14.4 % of expense2001: 13.8 % of expense2002: 12.9 % of expense2003: 11.4 % of expense2004: 10.6 % of expense2005: 9.2 % of expense2006: 9.3 % of expense2007: 8.9 % of expense2008: 8.4 % of expense2009: 7.8 % of expense2010: 7.5 % of expense2011: 7.3 % of expense2012: 7.1 % of expense2013: 6.7 % of expense2014: 6.6 % of expense2015: 6.4 % of expense2016: 6 % of expense2017: 5.4 % of expense2018: 4.8 % of expense2019: 4.5 % of expense2020: 4 % of expense2021: 3.6 % of expense2022: 3.2 % of expense

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

Analysis

Belgium recorded 3.2% for interest payments in 2022. That is the lowest value across all 28 years on record.

The figure is down 10.6% on the previous year and down 54.9% over ten years.

Over the whole period, interest payments in Belgium peaked at 17.9% in 1995 and was at its lowest, 3.2%, in 2022.

That places Belgium 108th out of 152 countries with data for 2022, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 16.2% 14.5% 17.9% 5
2000s 10.7% 7.8% 14.4% 10
2010s 6.2% 4.5% 7.5% 10
2020s 3.6% 3.2% 4.0% 3

Countries ranked near Belgium

  1. 105 France 3.4% compare
  2. 106 Burundi 3.3% compare
  3. 107 Ireland 3.3% compare
  4. 109 Kyrgyzstan 3.2% compare
  5. 110 Czechia 3.1% compare
  6. 111 Malta 3.1% compare

See the full ranking of 193 places →

More public sector data for Belgium

All data for Belgium →

Frequently asked questions

What is interest payments in Belgium?
Interest payments in Belgium was 3.2% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest interest payments recorded in Belgium?
The highest recorded value was 17.9% in 1995.
What is the lowest interest payments recorded in Belgium?
The lowest recorded value was 3.2% in 2022.
How does Belgium rank for interest payments?
Belgium ranks 108th out of 152 countries with data for 2022.
Is interest payments rising or falling in Belgium?
Over the last ten years it is down 54.9%. 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 Interest payments (% of expense). Statizoid updates them automatically from the source API.

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CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Interest payments (% of expense)
Unit
% of expense
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
193 places, 5,277 data points, 1972–2024
Last refreshed

Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.