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Belgium: Central government deficit (% of GDP)

Percent of GDP · 1880–2025 · 123 observations · cgovdef_GDP

2025
−3.80%percent of GDP
Change on 2024
−1.1 pointsfrom −2.70%
Average, 2016–2025
−2.97%10 years
Record high and low
3.06% (1927)low −31.6% (1948)

Central government deficit (% of GDP)

Report error
-35%-30%-25%-20%-15%-10%-5%0%5%18801900192019401960198020002020BelgiumBelgium
Percent of GDP

Compare with other countries →Definition of Central government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
2025-3.80
2024-2.70
2023-3.30
2022-2.40
2021-4.00
2020-7.20
2019-2.00
2018-0.40
2017-1.30
2016-2.60

Sources

  • Flandreau & Zumer1880–1913
  • Mitchell1924–1993
  • IMF Government Finance Statistics1995–2024
  • World Development Indicators1995–2024
  • Eurostat1995–2025

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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