Budget balance — all countries

Budget balance — Belgium

Budget balance in Belgium in 2031 — -5.8%. Ranked 165 in the world out of 188. Since 1980, the indicator has risen by 3.9 pp.

2031 -5.8% −0.1 pp vs 2030
World rank 165of 188
Period maximum 0.2%2001
Period minimum -16%1981

Trend over time

1980–2031 · % of GDP

Budget balance — Belgium, 1980–2031-20-15-10-50519801986199219982004201020162022202820311980: -9.7%1981: -16%1982: -12.8%1983: -15%1984: -11.2%1985: -10.4%1986: -10.3%1987: -8.1%1988: -7.5%1989: -7.8%1990: -7%1991: -7.7%1992: -8.4%1993: -7.7%1994: -5.3%1995: -4.5%1996: -4%1997: -2.2%1998: -1%1999: -0.6%2000: -0.1%2001: 0.2%2002: 0%2003: -1.9%2004: -0.2%2005: -2.7%2006: 0.2%2007: 0.1%2008: -1.1%2009: -5.4%2010: -4.1%2011: -4.4%2012: -4.3%2013: -3.2%2014: -3.2%2015: -2.5%2016: -2.4%2017: -0.8%2018: -1%2019: -2%2020: -9%2021: -5.4%2022: -3.6%2023: -4%2024: -4.4%2025: -5.3%2026: -5.1%2027: -5.2%2028: -5.3%2029: -5.4%2030: -5.7%2031: -5.8%
Change over the period: +3.9 pp Annual average: 0.08 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Belgium

Belgium -5.8%
World computed -4.85%
Europe & Central Asia computed -2.49%
Western Europe computed -3.11%
High-income countries computed -4.26%
Budget balance — Belgium, by year Belgium All countries CSV XLSX
Year % Change, pp
2031 -5.8 −0.1 pp
2030 -5.7 −0.3 pp
2029 -5.4 −0.1 pp
2028 -5.3 −0.1 pp
2027 -5.2 −0.1 pp
2026 -5.1 +0.2 pp
2025 -5.3 −0.9 pp
2024 -4.4 −0.4 pp
2023 -4 −0.4 pp
2022 -3.6 +1.8 pp
2021 -5.4 +3.6 pp
2020 -9 −7 pp
2019 -2 −1 pp
2018 -1 −0.2 pp
2017 -0.8 +1.6 pp
2016 -2.4 +0.1 pp
2015 -2.5 +0.7 pp
2014 -3.2 +0 pp
2013 -3.2 +1.1 pp
2012 -4.3 +0.1 pp
2011 -4.4 −0.3 pp
2010 -4.1 +1.3 pp
2009 -5.4 −4.3 pp
2008 -1.1 −1.2 pp
2007 0.1 −0.1 pp
2006 0.2 +2.9 pp
2005 -2.7 −2.5 pp
2004 -0.2 +1.7 pp
2003 -1.9 −1.9 pp
2002 0 −0.2 pp
2001 0.2 +0.3 pp
2000 -0.1 +0.5 pp
1999 -0.6 +0.4 pp
1998 -1 +1.2 pp
1997 -2.2 +1.8 pp
1996 -4 +0.5 pp
1995 -4.5 +0.8 pp
1994 -5.3 +2.4 pp
1993 -7.7 +0.7 pp
1992 -8.4 −0.7 pp
1991 -7.7 −0.7 pp
1990 -7 +0.8 pp
1989 -7.8 −0.3 pp
1988 -7.5 +0.6 pp
1987 -8.1 +2.2 pp
1986 -10.3 +0.1 pp
1985 -10.4 +0.8 pp
1984 -11.2 +3.8 pp
1983 -15 −2.2 pp
1982 -12.8 +3.2 pp
1981 -16 −6.3 pp
1980 -9.7

Western Europe, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.