Belgium Belgium National Debt

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NATIONAL PUBLIC DEBT Belgium 2023

Public debt went up in Belgium

In 2023 Belgium public debt was 614,933 million euros664,927 million dollars, has increased 36,99056,166 million since 2022.

This amount means that the debt in 2023 reached 105.2% of Belgium GDP, a 0.9 percentage point rise from 2022, when it was 104.3% of GDP.

If we check the tables we can see the evolution of Belgium debt. It has risen since 2013 in global debt terms, when it was 414,432 million euros 550,423 million dollars although it has fallen as a percentage of GDP, when it amounted to 105.5%.

According to the last data point published, Belgium per capita debt in 2023 was 52,367 euros56,624 dollars per inhabitant. In 2022 it was 49,217 euros 51,841 dollars, afterwards rising by 3,150 euros4,783 dollars, and if we again check 2013 we can see that then the debt per person was 37,066 euros49,229 dollars .

The position of Belgium, as compared with the rest of the world, has worsened in 2023 in terms of GDP percentage. Currently it is country number 173 in the list of debt to GDP and 187 in debt per capita, out of the 191 we publish.

In this page we show you the progression of the public debt in Belgium. You can see debt in other countries in Public debt and see all the information about Belgium in economy of Belgium.

Belgium: Evolution of debt
DateDebt (M.€.)Debt (%GDP)Debt Per Capita
2023Q4614,933105.20%€52,367
2023Q3622,698107.60%€53,028
2023Q2603,966105.60%€51,433
2023Q1599,674106.30%€51,067
< Debt 2022
Belgium: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
2023614,933664,927105.20%€52,367$56,624
2022577,943608,761104.30%€49,217$51,841
2021548,378649,405107.90%€47,202$55,898
2020515,219588,083111.90%€44,589$50,895
2019467,273523,13597.60%€40,553$45,401
2018459,411542,75499.90%€40,104$47,379
2017454,066512,740102.00%€39,835$44,983
2016451,641499,753105.00%€39,786$44,024
2015438,519486,567105.20%€38,769$43,017
2014431,386573,235107.00%€38,389$51,012
2013414,432550,423105.50%€37,066$49,229
2012404,752520,350104.80%€36,340$46,719
2011389,107541,525103.50%€35,131$48,892
2010364,132483,130100.30%€33,101$43,918
2009347,224483,776100.20%€32,032$44,629
2008327,683481,88993.20%€30,473$44,814
2007300,064411,28087.30%€28,130$38,557
2006297,495373,55491.50%€28,107$35,292
2005294,975367,17895.10%€28,062$34,931
2004288,419358,60297.20%€27,611$34,330
2003285,867323,281101.70%€27,497$31,095
2002288,111272,238105.40%€27,821$26,288
2001286,056256,201108.20%€27,746$24,850
2000280,960259,613109.60%€27,375$25,295
1999279,531298,213115.40%€27,300$29,125
1998277,255308,544119.20%€27,145$30,209
1997275,572314,433124.30%€27,037$30,850
1996278,080360,298129.00%€27,343$35,427
1995288,069378,501131.30%€28,401$37,316
1994270,660327,111137.08%€26,717$32,289
1993260,273303,860138.93%€25,768$30,083
1992244,994308,065134.68%€24,333$30,597
1991228,310270,671131.80%€22,781$27,008
1990215,467260,809130.31%€21,575$26,115
1989197,118202,020126.41%€19,815$20,308
1988186,502205,030129.69%€18,786$20,653
1987173,694187,912129.23%€17,588$19,028
1986161,076145,942124.67%€16,328$14,794
1985147,368100,844119.39%€14,948$10,229
1984133,02093,107114.61%€13,494$9,445
1983118,47693,785110.29%€12,024$9,518
1982101,02889,62999.63%€10,248$9,092
198184,04191,69989.69%€8,528$9,305
198068,63794,82776.80%€6,959$9,614
Belgium: Evolution of debt as a percentage of GDP

Belgium: Evolution of debt in millions