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.

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Belgium Government Spending to GDP

Actual Previous Highest Lowest Dates Unit Frequency
52.20 52.20 64.00 48.60 1980 - 2019 percent Yearly

Belgium Government Last Previous Highest Lowest Unit
Government Debt to GDP 98.60 99.80 133.10 74.10 percent [+]
Government Budget -1.90 -0.80 0.20 -5.40 percent of GDP [+]
Government Budget Value -3402.00 -3159.00 779.00 -18817.00 EUR Million [+]
Government Spending 25676.00 22682.00 25676.00 9857.00 EUR Million [+]
Government Spending to GDP 52.20 52.20 64.00 48.60 percent [+]
Government Revenues 232880.00 224454.00 232880.00 12733.00 EUR Million [+]
Government Debt 649798.00 582411.00 649798.00 310141.00 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 86.00 [+]
Asylum Applications 1070.00 710.00 6360.00 170.00 persons [+]