Government spending in Belgium was last recorded at 52.2 percent of GDP in 2019 . source: EUROSTAT
Government Spending to GDP in Belgium averaged 54.24 percent from 1980 until 2019, reaching an all time high of 64 percent in 1983 and a record low of 48.60 percent in 2007. This page provides the latest reported value for - Belgium Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Belgium Government Spending to GDP - values, historical data and charts - was last updated on December of 2020.
Government Spending to GDP in Belgium is expected to reach 59.30 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Government Spending to GDP is projected to trend around 54.50 percent in 2021 and 54.20 percent in 2022, according to our econometric models.