Belgium recorded a Government Budget deficit equal to 0.70 percent of the country's Gross Domestic Product in 2018.

Government Budget in Belgium averaged -1.99 percent of GDP from 1995 until 2018, reaching an all time high of 0.20 percent of GDP in 2001 and a record low of -5.40 percent of GDP in 2009. This page provides - Belgium Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Budget in Belgium is expected to be -2.00 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Government Budget is projected to trend around -2.20 percent of GDP in 2020, according to our econometric models.

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Belgium Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-0.70 -0.80 0.20 -5.40 1995 - 2018 percent of GDP Yearly

Belgium Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.

Belgium Government Last Previous Highest Lowest Unit
Government Debt to GDP 102.00 103.40 133.10 74.10 percent [+]
Government Budget -0.70 -0.80 0.20 -5.40 percent of GDP [+]
Government Budget Value -3402.00 -3159.00 779.00 -18817.00 EUR Million [+]
Government Spending 25582.00 25464.00 25582.00 9857.00 EUR Million [+]
Government Spending to GDP 52.40 52.10 64.00 48.20 percent [+]
Government Revenues 232880.00 224454.00 232880.00 12733.00 EUR Million [+]
Government Debt 603674.00 583414.00 603674.00 277160.00 EUR Million [+]
Fiscal Expenditure 235976.40 228976.10 235976.40 110858.20 EUR Million [+]
Military Expenditure 4614.00 4485.00 8625.00 2007.00 USD Million [+]
Credit Rating 88.00 [+]
Asylum Applications 2070.00 2480.00 6360.00 725.00 persons [+]