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Net Public Debt (As % of GDP) in Belgium

Source: World Bank, National Statistical Office, IMF estimates (Oct 2020), Helgi Library
Last Updated: Feb 8, 2021

Net public debt as a share of GDP reached 85.8 % in 2019 in Belgium, according to the National Statistical Office. This is 0.749 % less than in the previous year.

Historically, net public debt as a share of GDP in Belgium reached an all time high of 111 % in 1998 and an all time low of 78.7 % in 2007. When compared to Belgium's main peers, net public debt as a share of GDP in France amounted to 89.4 %, 41.1 % in Germany, -7.94 % in Luxembourg and 41.7 % in Netherlands in 2019.

Belgium has been ranked 6th within the group of 86 countries we follow in terms of net public debt as a share of GDP.

Public or government debt is the debt owed by state institutions (or central government).

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