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).