Belgium External Debt: % of GDP
2007 - 2025 | Yearly | % | CEIC Data
Key information about Belgium External Debt: % of GDP
- Belgium External Debt accounted for 242.8 % of the country's Nominal GDP in 2025, compared with the ratio of 242.8 % in the previous year.
- Belgium External Debt: % of Nominal GDP data is updated yearly, available from Dec 2007 to Dec 2025.
- The data reached an all-time high of 331.8 % in Dec 2008 and a record low of 233.3 % in Dec 2023.
CEIC calculates External Debt as % of Nominal GDP from quarterly External Debt and annual Nominal GDP. The National Bank of Belgium provides External Debt in EUR based on BPM6 and Nominal GDP in EUR. External Debt prior to 2008 is based on BPM5.
Related information about Belgium External Debt: % of GDP
- In the latest reports of Belgium, Current Account recorded a deficit of 1.7 USD bn in Jun 2025.
- Foreign Direct Investment (FDI) fell by 9.3 USD bn in Jun 2025.
- Belgium Direct Investment Abroad expanded by 3.2 USD bn in Jan 2026.
- Its Foreign Portfolio Investment increased by 18.7 USD bn in Dec 2025.
- The country's External Debt reached 1,829,211.7 in Dec 2025.
- The country's Nominal GDP was reported at 188.2 USD bn in Sep 2025.
View Belgium's External Debt: % of GDP from 2007 to 2025 in the chart:
What was Belgium's External Debt: % of GDP in 2025?
Belgium External Debt accounted for 242.8 % of the country's Nominal GDP in 2025, compared with the ratio of 242.8 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 242.8 2025 | 242.8 2024 | 233.3 2023 | 331.8 2008 | % | yearly | 2007 - 2025 |
External Debt: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 37.8 2025 | yearly | 1991 - 2025 |
| Algeria (%) | 1.1 2024 | yearly | 1970 - 2024 |
| Argentina (%) | 46.8 2025 | yearly | 1994 - 2025 |
| Armenia (%) | 64.8 2025 | yearly | 2000 - 2025 |
| Australia (%) | 107.6 2025 | yearly | 1988 - 2025 |
| Austria (%) | 154.5 2024 | yearly | 1997 - 2024 |
| Azerbaijan (%) | 14.9 Dec 2021 | quarterly | Dec 2001 - Dec 2021 |
| Bangladesh (%) | 11.4 2017 | yearly | 1997 - 2017 |
| Belarus (%) | 40.7 Dec 2025 | quarterly | Dec 2000 - Dec 2025 |
| Belgium (%) | 242.8 2025 | yearly | 2007 - 2025 |
| Bolivia (%) | 33.0 2024 | yearly | 2006 - 2024 |
| Bosnia and Herzegovina (%) | 16.4 2025 | yearly | 1999 - 2025 |
| Botswana (%) | 7.8 2025 | yearly | 1995 - 2025 |
| Brazil (%) | 29.0 2025 | yearly | 1992 - 2025 |
| Bulgaria (%) | 50.5 2025 | yearly | 1999 - 2025 |
| Cambodia (%) | 45.4 2024 | yearly | 2010 - 2024 |
| Canada (%) | 147.8 2025 | yearly | 1990 - 2025 |
| Chile (%) | 77.6 2025 | yearly | 1971 - 2025 |
| China (%) | 11.9 2025 | yearly | 1985 - 2025 |
| Colombia (%) | 48.0 2024 | yearly | 1970 - 2024 |
| Croatia (%) | 74.3 2022 | yearly | 1998 - 2022 |
| Cyprus (%) | 617.2 2025 | yearly | 2004 - 2025 |
| Czech Republic (%) | 66.4 2025 | yearly | 1995 - 2025 |
| Denmark (%) | 142.9 2025 | yearly | 2005 - 2025 |
| Ecuador (%) | 48.9 2025 | yearly | 1970 - 2025 |
| Egypt (%) | 42.4 Sep 2025 | quarterly | Jun 1999 - Sep 2025 |
| Estonia (%) | 100.4 2025 | yearly | 1996 - 2025 |
| European Union (%) | 106.7 2025 | yearly | 2013 - 2025 |
| Finland (%) | 207.2 2025 | yearly | 1991 - 2025 |
| France (%) | 250.2 2024 | yearly | 2004 - 2024 |
| Georgia (%) | 70.3 2025 | yearly | 1999 - 2025 |
| Germany (%) | 151.3 2025 | yearly | 1999 - 2025 |
| Ghana (%) | 25.7 2025 | yearly | 1999 - 2025 |
| Greece (%) | 237.7 2025 | yearly | 2003 - 2025 |
| Hong Kong SAR, China (%) | 481.9 2025 | yearly | 2001 - 2025 |
| Hungary (%) | 118.0 2025 | yearly | 2006 - 2025 |
| Iceland (%) | 75.3 2025 | yearly | 1989 - 2025 |
| India (%) | 19.1 2025 | yearly | 1970 - 2025 |
| Indonesia (%) | 29.9 2025 | yearly | 2003 - 2025 |
| Iran (%) | 0.8 2025 | yearly | 1994 - 2025 |
| Ireland (%) | 507.4 2025 | yearly | 2002 - 2025 |
| Israel (%) | 26.9 2025 | yearly | 1998 - 2025 |
| Italy (%) | 120.8 2024 | yearly | 2002 - 2024 |
| Ivory Coast (%) | 34.4 2022 | yearly | 1994 - 2022 |
| Japan (%) | 109.3 2025 | yearly | 2003 - 2025 |
| Jordan (%) | 74.1 2025 | yearly | 1970 - 2025 |
| Kazakhstan (%) | 59.5 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| Kenya (%) | 31.1 2025 | yearly | 2006 - 2025 |
| South Korea (%) | 40.9 2025 | yearly | 1994 - 2025 |
| Kosovo (%) | 40.7 2024 | yearly | 2007 - 2024 |
| Kuwait (%) | 41.3 2024 | yearly | 2014 - 2024 |
| Kyrgyzstan (%) | 68.2 2024 | yearly | 2003 - 2024 |
| Laos (%) | 68.7 2024 | yearly | 1996 - 2024 |
| Latvia (%) | 99.5 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Lebanon (%) | 21.3 2023 | yearly | 2007 - 2023 |
| Lithuania (%) | 93.1 2025 | yearly | 1996 - 2025 |
| Luxembourg (%) | 3,937.1 2025 | yearly | 2002 - 2025 |
| North Macedonia (%) | 72.0 2025 | yearly | 2004 - 2025 |
| Malawi (%) | 60.1 2021 | yearly | 2006 - 2021 |
| Malaysia (%) | 68.9 2025 | yearly | 2009 - 2025 |
| Malta (%) | 785.5 2025 | yearly | 2004 - 2025 |
| Mauritius (%) | 1,200.9 2025 | yearly | 2009 - 2025 |
| Mexico (%) | 35.1 2025 | yearly | 2002 - 2025 |
| Moldova (%) | 56.7 2024 | yearly | 2000 - 2024 |
| Mongolia (%) | 159.5 2025 | yearly | 1992 - 2025 |
| Montenegro (%) | 105.7 2024 | yearly | 2006 - 2024 |
| Morocco (%) | 50.8 2022 | yearly | 1970 - 2022 |
| Mozambique (%) | 49.2 2023 | yearly | 1985 - 2023 |
| Myanmar (%) | 18.9 2023 | yearly | 2018 - 2023 |
| Nepal (%) | 17.3 2016 | yearly | 2001 - 2016 |
| Netherlands (%) | 345.3 2025 | yearly | 2003 - 2025 |
| New Zealand (%) | 98.2 2025 | yearly | 1993 - 2025 |
| Nigeria (%) | 12.0 2025 | yearly | 1985 - 2025 |
| Norway (%) | 156.0 2025 | yearly | 2003 - 2025 |
| Pakistan (%) | 33.4 2025 | yearly | 2000 - 2025 |
| Palestinian Territory (%) | 13.1 2024 | yearly | 2012 - 2024 |
| Panama (%) | 167.4 2021 | yearly | 2014 - 2021 |
| Paraguay (%) | 59.8 2025 | yearly | 2000 - 2025 |
| Peru (%) | 33.5 2025 | yearly | 1980 - 2025 |
| Philippines (%) | 30.3 2025 | yearly | 1990 - 2025 |
| Poland (%) | 50.1 2025 | yearly | 1995 - 2025 |
| Portugal (%) | 145.3 2025 | yearly | 1996 - 2025 |
| Qatar (%) | 106.1 2018 | yearly | 2000 - 2018 |
| Romania (%) | 57.5 2024 | yearly | 1995 - 2024 |
| Russia (%) | 12.5 2025 | yearly | 1993 - 2025 |
| Serbia (%) | 60.5 2024 | yearly | 2000 - 2024 |
| Singapore (%) | 402.2 2025 | yearly | 2003 - 2025 |
| Slovakia (%) | 100.8 2025 | yearly | 1995 - 2025 |
| Slovenia (%) | 88.9 2025 | yearly | 1995 - 2025 |
| South Africa (%) | 46.9 2025 | yearly | 1985 - 2025 |
| Spain (%) | 162.9 2024 | yearly | 1995 - 2024 |
| Sri Lanka (%) | 75.0 2022 | yearly | 1998 - 2022 |
| Sudan (%) | 202.2 2021 | yearly | 2001 - 2021 |
| Sweden (%) | 157.5 2025 | yearly | 1997 - 2025 |
| Switzerland (%) | 226.4 2025 | yearly | 1999 - 2025 |
| Taiwan, China (%) | 26.5 2025 | yearly | 1999 - 2025 |
| Tajikistan (%) | 37.7 2021 | yearly | 2000 - 2021 |
| Thailand (%) | 35.4 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Tunisia (%) | 73.8 2025 | yearly | 2002 - 2025 |
| Turkey (%) | 32.6 2025 | yearly | 1995 - 2025 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doBelgium Key Series
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.726 2031 | yearly | 1980 - 2031 |
| Trade Balance (USD mn) | 5,299.3 Feb 2026 | monthly | Jan 1993 - Feb 2026 |
| Total Exports (USD mn) | 48,418.1 Feb 2026 | monthly | Jan 1993 - Feb 2026 |
| Total Exports Growth (%) | -2.0 Feb 2026 | monthly | Jan 1994 - Feb 2026 |
| Aluminum: Exports (USD th) | 1,646,558.826 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 30,181,295.828 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 31,558,364.620 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 43,118.8 Feb 2026 | monthly | Jan 1993 - Feb 2026 |
| Total Imports Growth (%) | -6.7 Feb 2026 | monthly | Jan 1994 - Feb 2026 |
| Imports: Medicament (USD th) | 26,575,329.696 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 18,610,176.592 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 2,288.482 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Total Imports from USA (USD mn) | 1,784.195 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Total Exports to China (USD mn) | 536.262 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Total Imports from China (USD mn) | 1,402.685 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: National Concept: America: USA (EUR mn) | 1,948.639 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: National Concept: European Union: Netherlands (EUR mn) | 3,243.369 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: National Concept: European Union: Germany (EUR mn) | 5,474.281 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: National Concept: European Union: France (EUR mn) | 3,370.436 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: National Concept: Asia: China (EUR mn) | 456.626 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: NC: HS: Agriculture: Food, Beverages & Tobacco (FB) (EUR mn) | 2,157.572 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: NC: HS: Metals (EUR mn) | 2,156.674 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: NC: HS: Textiles (EUR mn) | 429.524 Dec 2025 | monthly | Jan 1995 - Dec 2025 |
| Exports: NC: HS: Plastics & Rubber (EUR mn) | 1,700.002 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: NC: HS: Chemical Products (EUR mn) | 7,172.525 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: NC: HS: Machinery & Electrical Equipment (EUR mn) | 3,078.213 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: NC: HS: Chemical Products: Pharmaceuticals (EUR mn) | 4,563.024 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: NC: HS: Metals: Iron & Steel (EUR mn) | 960.399 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Imports: National Concept: European Union: Netherlands (EUR mn) | 6,667.476 Dec 2025 | monthly | Jan 1995 - Dec 2025 |
| Imports: National Concept: America: USA (EUR mn) | 1,519.240 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Imports: National Concept: European Union: France (EUR mn) | 3,084.584 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Imports: National Concept: European Union: Germany (EUR mn) | 3,625.101 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Imports: NC: HS: Plastics & Rubber (EUR mn) | 1,102.023 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Imports: NC: HS: Chemical Products (EUR mn) | 5,519.341 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Imports: NC: HS: Metals (EUR mn) | 1,946.275 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Imports: NC: HS: Agriculture: Food, Beverages & Tobacco (FB) (EUR mn) | 1,490.990 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Imports: NC: HS: Machinery & Electrical Equipment (EUR mn) | 3,954.502 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Imports: NC: HS: Textiles (EUR mn) | 589.699 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Imports: NC: HS: Chemical Products: Pharmaceuticals (EUR mn) | 3,214.225 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Imports: NC: HS: Metals: Iron & Steel (EUR mn) | 522.501 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Trade Balance: National Concept (EUR mn) | 2,684.184 Feb 2026 | monthly | Jan 1995 - Feb 2026 |
| Imports: National Concept (EUR mn) | 26,976.339 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Exports: National Concept (EUR mn) | 29,187.714 Feb 2026 | monthly | Jan 1995 - Feb 2026 |
| Import Value Index (2015=100) | 145.900 2023 | yearly | 1995 - 2023 |
| Export Value Index (2015=100) | 142.300 2023 | yearly | 1995 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.3 Mar 2026 | quarterly | Jun 2024 - Mar 2026 |
| Household Debt: % of GDP (%) | 58.3 Dec 2025 | quarterly | Dec 1992 - Dec 2025 |
| Non-Performing Loans (USD mn) | 1,061.372 Mar 2026 | monthly | May 2024 - Mar 2026 |
| Money Supply M1 (USD mn) | 303,960.019 Mar 2026 | monthly | Dec 1996 - Mar 2026 |
| Money Supply M2 (USD mn) | 790,825.876 Mar 2026 | monthly | Dec 1996 - Mar 2026 |
| M2 Growth (%) | 2.4 Mar 2026 | monthly | Dec 1997 - Mar 2026 |
| Reserve Requirement Ratio (%) | 1.0 Apr 2026 | monthly | Jan 1999 - Apr 2026 |
| Foreign Exchange Reserves (USD mn) | 6,500.0 Dec 2025 | monthly | Jan 1999 - Dec 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 0.895 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 0.1 Dec 2025 | monthly | Jan 1999 - Dec 2025 |
| Gold Reserves (USD mn) | 31,500.000 Dec 2025 | monthly | Dec 1956 - Dec 2025 |
| Total Deposits (USD mn) | 1,673,058.600 Mar 2026 | monthly | Dec 1996 - Mar 2026 |
| Total Deposits Growth (%) | 3.8 Mar 2026 | monthly | Dec 1997 - Mar 2026 |
| Domestic Credit (USD mn) | 0.0 May 2025 | monthly | Jan 1999 - May 2025 |
| Domestic Credit Growth (%) | -100.0 May 2025 | monthly | Jan 2000 - May 2025 |
| Debt Service Ratio: Households (%) | 7.000 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 17.000 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Credit to Households (USD bn) | 423.419 Sep 2025 | quarterly | Dec 1980 - Sep 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 1,304.281 Sep 2025 | quarterly | Dec 1970 - Sep 2025 |
| Household Debt (USD mn) | 433,457.3 Jun 2025 | quarterly | Dec 1992 - Jun 2025 |
| Total Loans (USD mn) | 946,415.689 Dec 2025 | quarterly | Jun 2006 - Dec 2025 |
| Total Loans Growth (%) | 3.99 Dec 2025 | quarterly | Jun 2007 - Dec 2025 |
| Private Debt: % of Nominal GDP (%) | 65.82 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Gross International Reserves (USD bn) | 56.000 Dec 2025 | monthly | Jan 1999 - Dec 2025 |
| Gross International Reserves: Gold (USD bn) | 31.500 Dec 2025 | monthly | Dec 1990 - Dec 2025 |
| Monetary Agg in Euro Area: BC: M3 excl Currency in Circulation (EUR bn) | 726.600 Mar 2026 | monthly | Dec 1996 - Mar 2026 |
| Official Reserve Assets (EUR mn) | 50,298.000 Mar 2026 | monthly | Jan 2013 - Mar 2026 |
| Consumer Credit: Outstanding Amount (EUR mn) | 29,169.000 Dec 2024 | semiannually | Jun 1980 - Dec 2024 |
| Official Reserve Assets: Monetary Gold (EUR mn) | 8,489.000 Feb 2019 | monthly | Jan 2013 - Feb 2019 |
| Deposits: Households: Outstanding Amounts (EUR mn) | 450,672.000 Mar 2026 | monthly | Dec 1998 - Mar 2026 |
| Deposits: Non Financial Corporations (NF): Outstanding Amounts (EUR mn) | 151,570.000 Mar 2026 | monthly | Dec 1998 - Mar 2026 |
| Deposits: Financial Intermediaries (FI): Outstanding Amounts (EUR mn) | 46,413.000 Mar 2026 | monthly | Dec 1998 - Mar 2026 |
| Credit Inst Loans: Households (HH): Outstanding Amounts (OA) (EUR mn) | 267,256.000 Mar 2026 | monthly | Jan 1999 - Mar 2026 |
| Credit Inst Loans: Financial Intermediaries (FI): Outstanding Amounts (EUR mn) | 55,148.000 Mar 2026 | monthly | Jan 1999 - Mar 2026 |
| Credit Inst Loans: Non Financial Corporations (NF): Outstanding Amounts (EUR mn) | 157,939.000 Mar 2026 | monthly | Jan 1999 - Mar 2026 |
| Credit Institutions: Cons: Loans and Advances: excl Credit Institutions (EC) (EUR mn) | 806,421.000 Dec 2025 | quarterly | Jun 2006 - Dec 2025 |
| MFIs Loans: Outstanding Amounts (OA) (EUR mn) | 1,001,278.000 Mar 2026 | monthly | Sep 1997 - Mar 2026 |
| Mortgage Credits (EUR mn) | 3,166.000 Mar 2026 | monthly | Jan 1995 - Mar 2026 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 1.7 Apr 2026 | monthly | Jan 1981 - Apr 2026 |
| Business Survey: Seasonally Adjusted (sa): Aggregate (% Point) | -14.200 Apr 2026 | monthly | Jan 1980 - Apr 2026 |
| Business Survey: sa: Construction: Structural Engineering (% Point) | -15.700 Apr 2026 | monthly | Jan 1980 - Apr 2026 |
| Business Survey: sa: Construction: Carcasses: Appraisal: Order Book (% Point) | -20.300 Apr 2026 | monthly | Jan 1980 - Apr 2026 |
| Business Survey: sa: Construction: Carcasses: Trend: Activity (% Point) | -3.700 Apr 2026 | monthly | Jan 1980 - Apr 2026 |
| Business Survey: sa: Trade (% Point) | -14.800 Apr 2026 | monthly | Jan 1980 - Apr 2026 |
More Indicators for Belgium
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