Net lending (+) / net borrowing (-) in Belgium
Belgium: Net lending (+) / net borrowing (-) was -2.7% 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 % of GDP.
Analysis
In 2024, net lending (+) / net borrowing (-) in Belgium stood at -2.7%.
Compared with earlier readings it is up 8.2% on the previous year and up 0.5% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Belgium peaked at 0.1% in 2002 and was at its lowest, -6.9%, in 2020.
Belgium ranks 84th 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 | -2.5% | -3.9% | -1.1% | 5 |
| 2000s | -1.2% | -4.7% | 0.1% | 10 |
| 2010s | -2.3% | -3.8% | -0.4% | 10 |
| 2020s | -3.8% | -6.9% | -2.6% | 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)
- Interest payments 4.5% (2024)
- Grants and other revenue 3.9% (2024)
- Interest payments 3.2% (2022)
- Other taxes 0.6% (2024)
- Compensation of employees 5.9% (2022)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Belgium?
- Net lending (+) / net borrowing (-) in Belgium was -2.7% 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 0.1% in 2002.
- What is the lowest net lending (+) / net borrowing (-) recorded in Belgium?
- The lowest recorded value was -6.9% in 2020.
- How does Belgium rank for net lending (+) / net borrowing (-)?
- Belgium ranks 84th 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 up 0.5%. 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 (-) (% of GDP). 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 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.