Belgium Total Debt: % of GDP
Key information about Belgium Total Debt: % of GDP
- Belgium Total Debt accounted for 695.9 % of the country's GDP in 2025, compared with the ratio of 700.3 % in the previous quarter.
- Belgium Total Debt: % of GDP data is updated quarterly, available from Dec 1998 to Dec 2025.
- The data reached an all-time high of 843.9 % in Sep 2008 and a record low of 641.1 % in Dec 2000.
CEIC calculates quarterly Total Debt as % of Nominal GDP from quarterly Total Debt and quarterly Nominal GDP. Total Debt is calculated as the Total Liabilities less Equity & Investment Fund Shares and Financial Derivatives. The National Bank of Belgium provides Total Debt in EUR and Nominal GDP in EUR.
View Belgium's Total Debt: % of GDP from Dec 1998 to Dec 2025 in the chart:
What was Belgium's Total Debt: % of GDP in Dec 2025?
Belgium Total Debt accounted for 695.9 % of the country's GDP in 2025, compared with the ratio of 700.3 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 695.9 Dec 2025 | 700.3 Sep 2025 | 641.1 Dec 2000 | 843.9 Sep 2008 | % | quarterly | Dec 1998 - Dec 2025 |
Total Debt: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Australia (%) | 267.8 Dec 2025 | quarterly | Jun 1988 - Dec 2025 |
| Austria (%) | 519.0 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Belgium (%) | 695.9 Dec 2025 | quarterly | Dec 1998 - Dec 2025 |
| Bulgaria (%) | 348.2 2024 | yearly | 1995 - 2024 |
| Canada (%) | 944.6 Dec 2025 | quarterly | Mar 1990 - Dec 2025 |
| Croatia (%) | 415.6 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Cyprus (%) | 1,165.9 2024 | yearly | 1995 - 2024 |
| Czech Republic (%) | 387.3 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Denmark (%) | 847.5 2024 | yearly | 1994 - 2024 |
| Estonia (%) | 383.9 Dec 2025 | quarterly | Dec 2003 - Dec 2025 |
| European Union (%) | 689.4 2024 | yearly | 2001 - 2024 |
| Finland (%) | 600.6 2025 | yearly | 1995 - 2025 |
| France (%) | 941.2 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Germany (%) | 585.5 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Greece (%) | 521.1 Sep 2025 | quarterly | Dec 1997 - Sep 2025 |
| Hungary (%) | 383.9 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Iceland (%) | 679.7 2024 | yearly | 2003 - 2024 |
| Ireland (%) | 814.5 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| Italy (%) | 550.3 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Japan (%) | 1,167.0 Dec 2025 | quarterly | Jun 1998 - Dec 2025 |
| South Korea (%) | 715.2 Dec 2025 | quarterly | Dec 2008 - Dec 2025 |
| Latvia (%) | 339.8 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Lithuania (%) | 327.1 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Luxembourg (%) | 7,000.7 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| North Macedonia (%) | 335.0 2023 | yearly | 2013 - 2023 |
| Malta (%) | 1,304.8 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Mexico (%) | 114.9 Dec 2025 | quarterly | Dec 2000 - Dec 2025 |
| Netherlands (%) | 925.1 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| New Zealand (%) | 586.2 2023 | yearly | 2006 - 2023 |
| Norway (%) | 592.2 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Poland (%) | 299.3 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| Portugal (%) | 458.0 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Romania (%) | 245.3 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Slovakia (%) | 372.2 Sep 2025 | quarterly | Dec 2012 - Sep 2025 |
| Slovenia (%) | 318.0 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Spain (%) | 551.7 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Sweden (%) | 742.7 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Switzerland (%) | 898.9 2024 | yearly | 1999 - 2024 |
| Taiwan, China (%) | 880.3 2024 | yearly | 2000 - 2024 |
| Turkey (%) | 247.2 Sep 2025 | quarterly | Dec 2014 - Sep 2025 |
| Ukraine (%) | 235.5 2021 | yearly | 2009 - 2021 |
| United Kingdom (%) | 824.2 Dec 2025 | quarterly | Mar 1987 - Dec 2025 |
| United States (%) | 719.3 Dec 2025 | quarterly | Dec 1951 - Dec 2025 |
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Learn more about what we doBelgium Key Series
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.726 2031 | yearly | 1980 - 2031 |
| Trade Balance (USD mn) | 5,299.3 Feb 2026 | monthly | Jan 1993 - Feb 2026 |
| Total Exports (USD mn) | 48,418.1 Feb 2026 | monthly | Jan 1993 - Feb 2026 |
| Total Exports Growth (%) | -2.0 Feb 2026 | monthly | Jan 1994 - Feb 2026 |
| Aluminum: Exports (USD th) | 1,646,558.826 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 30,181,295.828 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 31,558,364.620 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 43,118.8 Feb 2026 | monthly | Jan 1993 - Feb 2026 |
| Total Imports Growth (%) | -6.7 Feb 2026 | monthly | Jan 1994 - Feb 2026 |
| Imports: Medicament (USD th) | 26,575,329.696 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 18,610,176.592 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 2,288.482 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Total Imports from USA (USD mn) | 1,784.195 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Total Exports to China (USD mn) | 536.262 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Total Imports from China (USD mn) | 1,402.685 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: National Concept: European Union: Netherlands (EUR mn) | 3,243.369 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: National Concept: America: USA (EUR mn) | 1,948.639 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: National Concept: European Union: Germany (EUR mn) | 5,474.281 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: National Concept: European Union: France (EUR mn) | 3,370.436 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: National Concept: Asia: China (EUR mn) | 456.626 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: NC: HS: Metals (EUR mn) | 2,156.674 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: NC: HS: Agriculture: Food, Beverages & Tobacco (FB) (EUR mn) | 2,157.572 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: NC: HS: Textiles (EUR mn) | 429.524 Dec 2025 | monthly | Jan 1995 - Dec 2025 |
| Exports: NC: HS: Machinery & Electrical Equipment (EUR mn) | 3,078.213 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: NC: HS: Plastics & Rubber (EUR mn) | 1,700.002 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: NC: HS: Chemical Products (EUR mn) | 7,172.525 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: NC: HS: Chemical Products: Pharmaceuticals (EUR mn) | 4,563.024 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: NC: HS: Metals: Iron & Steel (EUR mn) | 960.399 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Imports: National Concept: European Union: Germany (EUR mn) | 3,625.101 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Imports: National Concept: European Union: Netherlands (EUR mn) | 6,667.476 Dec 2025 | monthly | Jan 1995 - Dec 2025 |
| Imports: National Concept: America: USA (EUR mn) | 1,519.240 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Imports: National Concept: European Union: France (EUR mn) | 3,084.584 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Imports: NC: HS: Plastics & Rubber (EUR mn) | 1,102.023 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Imports: NC: HS: Chemical Products (EUR mn) | 5,519.341 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Imports: NC: HS: Metals (EUR mn) | 1,946.275 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Imports: NC: HS: Machinery & Electrical Equipment (EUR mn) | 3,954.502 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Imports: NC: HS: Agriculture: Food, Beverages & Tobacco (FB) (EUR mn) | 1,490.990 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Imports: NC: HS: Textiles (EUR mn) | 589.699 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Imports: NC: HS: Chemical Products: Pharmaceuticals (EUR mn) | 3,214.225 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Imports: NC: HS: Metals: Iron & Steel (EUR mn) | 522.501 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Trade Balance: National Concept (EUR mn) | 2,684.184 Feb 2026 | monthly | Jan 1995 - Feb 2026 |
| Imports: National Concept (EUR mn) | 26,976.339 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: National Concept (EUR mn) | 29,187.714 Feb 2026 | monthly | Jan 1995 - Feb 2026 |
| Import Value Index (2015=100) | 145.900 2023 | yearly | 1995 - 2023 |
| Export Value Index (2015=100) | 142.300 2023 | yearly | 1995 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.2 Dec 2025 | quarterly | Jun 2024 - Dec 2025 |
| Household Debt: % of GDP (%) | 58.3 Dec 2025 | quarterly | Dec 1992 - Dec 2025 |
| Non-Performing Loans (USD mn) | 1,093.485 Feb 2026 | monthly | May 2024 - Feb 2026 |
| Money Supply M1 (USD mn) | 310,091.061 Feb 2026 | monthly | Dec 1996 - Feb 2026 |
| Money Supply M2 (USD mn) | 807,324.382 Feb 2026 | monthly | Dec 1996 - Feb 2026 |
| M2 Growth (%) | 2.4 Feb 2026 | monthly | Dec 1997 - Feb 2026 |
| Reserve Requirement Ratio (%) | 1.0 Mar 2026 | monthly | Jan 1999 - Mar 2026 |
| Foreign Exchange Reserves (USD mn) | 6,500.0 Dec 2025 | monthly | Jan 1999 - Dec 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 0.895 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 0.1 Dec 2025 | monthly | Jan 1999 - Dec 2025 |
| Gold Reserves (USD mn) | 31,500.000 Dec 2025 | monthly | Dec 1956 - Dec 2025 |
| Total Deposits (USD mn) | 1,677,120.940 Feb 2026 | monthly | Dec 1996 - Feb 2026 |
| Total Deposits Growth (%) | -0.6 Feb 2026 | monthly | Dec 1997 - Feb 2026 |
| Domestic Credit (USD mn) | 0.0 May 2025 | monthly | Jan 1999 - May 2025 |
| Domestic Credit Growth (%) | -100.0 May 2025 | monthly | Jan 2000 - May 2025 |
| Debt Service Ratio: Households (%) | 7.000 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 17.000 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Credit to Households (USD bn) | 423.419 Sep 2025 | quarterly | Dec 1980 - Sep 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 1,304.281 Sep 2025 | quarterly | Dec 1970 - Sep 2025 |
| Household Debt (USD mn) | 433,457.3 Jun 2025 | quarterly | Dec 1992 - Jun 2025 |
| Total Loans (USD mn) | 946,415.689 Dec 2025 | quarterly | Jun 2006 - Dec 2025 |
| Total Loans Growth (%) | 3.99 Dec 2025 | quarterly | Jun 2007 - Dec 2025 |
| Private Debt: % of Nominal GDP (%) | 65.82 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Gross International Reserves (USD bn) | 56.000 Dec 2025 | monthly | Jan 1999 - Dec 2025 |
| Gross International Reserves: Gold (USD bn) | 31.500 Dec 2025 | monthly | Dec 1990 - Dec 2025 |
| Monetary Agg in Euro Area: BC: M3 excl Currency in Circulation (EUR bn) | 727.000 Feb 2026 | monthly | Dec 1996 - Feb 2026 |
| Official Reserve Assets (EUR mn) | 52,825.000 Feb 2026 | monthly | Jan 2013 - Feb 2026 |
| Consumer Credit: Outstanding Amount (EUR mn) | 29,169.000 Dec 2024 | semiannually | Jun 1980 - Dec 2024 |
| Official Reserve Assets: Monetary Gold (EUR mn) | 8,489.000 Feb 2019 | monthly | Jan 2013 - Feb 2019 |
| Deposits: Households: Outstanding Amounts (EUR mn) | 451,137.000 Feb 2026 | monthly | Dec 1998 - Feb 2026 |
| Deposits: Non Financial Corporations (NF): Outstanding Amounts (EUR mn) | 148,588.000 Feb 2026 | monthly | Dec 1998 - Feb 2026 |
| Deposits: Financial Intermediaries (FI): Outstanding Amounts (EUR mn) | 45,041.000 Feb 2026 | monthly | Dec 1998 - Feb 2026 |
| Credit Inst Loans: Financial Intermediaries (FI): Outstanding Amounts (EUR mn) | 53,861.000 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| Credit Inst Loans: Households (HH): Outstanding Amounts (OA) (EUR mn) | 266,260.000 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| Credit Inst Loans: Non Financial Corporations (NF): Outstanding Amounts (EUR mn) | 166,806.000 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| Credit Institutions: Cons: Loans and Advances: excl Credit Institutions (EC) (EUR mn) | 806,421.000 Dec 2025 | quarterly | Jun 2006 - Dec 2025 |
| MFIs Loans: Outstanding Amounts (OA) (EUR mn) | 1,001,527.000 Feb 2026 | monthly | Sep 1997 - Feb 2026 |
| Mortgage Credits (EUR mn) | 2,706.000 Feb 2026 | monthly | Jan 1995 - Feb 2026 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 1.9 Mar 2026 | monthly | Jan 1981 - Mar 2026 |
| Business Survey: sa: Trade (% Point) | -10.900 Mar 2026 | monthly | Jan 1980 - Mar 2026 |
| Business Survey: sa: Construction: Structural Engineering (% Point) | -11.700 Mar 2026 | monthly | Jan 1980 - Mar 2026 |
| Business Survey: sa: Construction: Carcasses: Appraisal: Order Book (% Point) | -20.200 Mar 2026 | monthly | Jan 1980 - Mar 2026 |
| Business Survey: sa: Construction: Carcasses: Trend: Activity (% Point) | -3.300 Mar 2026 | monthly | Jan 1980 - Mar 2026 |
| Business Survey: Seasonally Adjusted (sa): Aggregate (% Point) | -13.700 Mar 2026 | monthly | Jan 1980 - Mar 2026 |
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