Belgium recorded a government budget deficit of 4468 EUR Million in 2017. Government Budget Value in Belgium averaged -7837.31 EUR Million from 1970 until 2017, reaching an all time high of 745 EUR Million in 2006 and a record low of -18764 EUR Million in 2009.

Government Budget Value in Belgium is expected to be -6040.90 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Government Budget Value is projected to trend around 3584.26 EUR Million in 2020, according to our econometric models.

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Belgium Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-4468.00 -10532.00 745.00 -18764.00 1970 - 2017 EUR Million Yearly
Current Prices, NSA


Belgium Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.

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 -4468.00 -10532.00 745.00 -18764.00 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 [+]