Net lending (+) / net borrowing (-) in Belgium
Belgium: Net lending (+) / net borrowing (-) was -16.50 billion current LCU in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) in Belgium, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net lending (+) / net borrowing (-) in Belgium is -16.50 billion current LCU, measured in 2024.
That represents a change of up 5.4% on the previous year and down 52.3% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Belgium peaked at 410.80 million current LCU in 2006 and was at its lowest, -32.14 billion current LCU, in 2020.
Belgium ranks 81st of 156 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -5.46 billion current LCU | -8.28 billion current LCU | -2.70 billion current LCU | 5 |
| 2000s | -3.76 billion current LCU | -16.27 billion current LCU | 410.80 million current LCU | 10 |
| 2010s | -9.36 billion current LCU | -14.42 billion current LCU | -1.95 billion current LCU | 10 |
| 2020s | -19.84 billion current LCU | -32.14 billion current LCU | -14.44 billion current LCU | 5 |
Countries ranked near Belgium
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 net lending (+) / net borrowing (-) in Belgium?
- Net lending (+) / net borrowing (-) in Belgium was -16.50 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Belgium?
- The highest recorded value was 410.80 million current LCU in 2006.
- What is the lowest net lending (+) / net borrowing (-) recorded in Belgium?
- The lowest recorded value was -32.14 billion current LCU in 2020.
- How does Belgium rank for net lending (+) / net borrowing (-)?
- Belgium ranks 81st out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in Belgium?
- Over the last ten years it is down 52.3%. The long-run trend across the full record is volatile.
- 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 Net lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.