Gross debt in Belgium

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Belgium in the period from 1998 to 2019 was between 247.8 bn and 573.1 bn USD. The hightest level within the past 21 years was reached in 2014. However, the liabilities in 2019 have been only 522.76 bn USD

Based on the number of inhabitants, this is in Belgium a debt of 45,501 USD per person. For comparison: The average debt per person in the same year in the European Union was 32,690 USD.

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Gross debt of the last 21 years in billion USD

JahrBelgium totalBelgium per capitaEU per capita
1998299.68 bn USD29,371 USD12,387 USD
1999289.15 bn USD28,275 USD12,342 USD
2000251.39 bn USD24,523 USD10,778 USD
2001247.76 bn USD24,086 USD10,717 USD
2002262.61 bn USD25,415 USD11,593 USD
2003307.28 bn USD29,614 USD14,402 USD
2004358.65 bn USD34,415 USD16,970 USD
2005366.69 bn USD34,994 USD17,846 USD
2006373.45 bn USD35,405 USD18,591 USD
2007411.15 bn USD38,693 USD20,509 USD
2008481.96 bn USD45,001 USD23,520 USD
2009484.31 bn USD44,858 USD25,266 USD
2010482.73 bn USD44,305 USD30,683 USD
2011541.64 bn USD49,069 USD34,278 USD
2012520.03 bn USD46,820 USD33,161 USD
2013550.41 bn USD49,322 USD35,247 USD
2014573.11 bn USD51,130 USD36,694 USD
2015486.50 bn USD43,152 USD31,489 USD
2016499.89 bn USD44,115 USD31,202 USD
2017512.86 bn USD45,086 USD32,052 USD
2018542.44 bn USD47,470 USD33,816 USD
2019522.76 bn USD45,501 USD32,690 USD

Comparison of the gross debt per capita with the European Union in Euro

      Belgium       European Union

Budget deficit in Belgium

The budget deficit of a country is the result of all its claims and liabilities. This includes incomes and expenses, repayments and building of new debts in other countries, but also domestic positions of the government, such as social insurances, local authorities and communities. It is the financial balance of the economic accounts. In simple terms: If a country at the end of the year has more money, than at at the beginning, it is a surplus - it is less, it is called deficit.

The budget balance in Belgium in the period between 1998 and 2019 varied between -26.25 bn Euro and +946.11 m Euro. In 2019 was reached a balance of -10.39 bn Euro.

In ratio to population, this equals a new indebtedness of 904 Euro per capita in Belgium only in 2019. For comparison, the average debt per capita in the European Union was in the same year at 332 Euro.

Budget deficit and surplus in the last 21 years

JahrBelgium totalBelgium per capitaEU per capita
1998-2,375.28 M USD-233 USD-350 USD
1999-1,637.81 M USD-160 USD-180 USD
2000-84.42 M USD-8 USD98 USD
2001946.11 M USD92 USD-263 USD
2002-219.28 M USD-21 USD-496 USD
2003-328.95 M USD-32 USD-738 USD
2004-588.24 M USD-56 USD-808 USD
2005-10,686.45 M USD-1,020 USD-722 USD
2006900.14 M USD85 USD-499 USD
2007308.91 M USD29 USD-315 USD
2008-5,666.70 M USD-529 USD-951 USD
2009-26,245.95 M USD-2,431 USD-2,252 USD
2010-19,679.09 M USD-1,806 USD-2,486 USD
2011-22,661.48 M USD-2,053 USD-1,907 USD
2012-21,425.58 M USD-1,929 USD-1,689 USD
2013-16,328.86 M USD-1,463 USD-1,354 USD
2014-16,358.88 M USD-1,459 USD-1,226 USD
2015-11,159.13 M USD-990 USD-871 USD
2016-11,250.64 M USD-993 USD-620 USD
2017-3,451.01 M USD-303 USD-406 USD
2018-4,316.20 M USD-378 USD-288 USD
2019-10,388.18 M USD-904 USD-332 USD

(negative numbers = deficit)