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Belgium: General government deficit (% of GDP)

Percent of GDP · 1880–2025 · 121 observations · forecasts to 2031 · gen_govdef_GDP

2025
−5.20%percent of GDP
Change on 2024
−0.8 pointsfrom −4.40%
Average, 2016–2025
−3.78%10 years
Record high and low
3.06% (1927)low −16.2% (1981)

General government deficit (% of GDP)

Report error
-20%-15%-10%-5%0%5%18801900192019401960198020002020BelgiumBelgium
ForecastPercent of GDP

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

Recent values

Percent of GDP

YearValue
2031-5.78Forecast
2030-5.66Forecast
2029-5.41Forecast
2028-5.32Forecast
2027-5.19Forecast
2026-4.47Forecast
2025-5.20
2024-4.40
2023-4.10
2022-3.50
2021-5.40
2020-9.00
2019-2.00
2018-1.00
2017-0.80
2016-2.40

Sources

  • IMF Fiscal Policy Panel1880–2023
  • OECD Economic Outlook1970–2025
  • IMF Government Finance Statistics1978–2024
  • IMF World Economic Outlook1980–2024
  • AMECO (European Commission)1995–2025
  • Eurostat1995–2025
  • IMF WEO (forecast)2024–2031
  • AMECO (forecast)2025–2027
  • OECD Economic Outlook (forecast)2025–2027

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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