NATIONAL PUBLIC DEBT Belgium 2024

Belgium national debt goes up

In 2024 Belgium public debt was 642,875 million euros695,835 million dollars, has increased 27,30230,736 million since 2023.

This amount means that the debt in 2024 reached 104.7% of Belgium GDP, a 1.5 percentage point rise from 2023, when it was 103.2% of GDP.

If we check the tables we can see the evolution of Belgium debt. It has risen since 2014 in global debt terms, when it was 431,504 million euros 573,235 million dollars although it has fallen as a percentage of GDP, when it amounted to 106.6%.

According to the last data point published, Belgium per capita debt in 2024 was 54,402 euros58,884 dollars per inhabitant. In 2023 it was 52,092 euros 56,283 dollars, afterwards rising by 2,310 euros2,601 dollars, and if we again check 2014 we can see that then the debt per person was 38,399 euros51,012 dollars .

The position of Belgium, as compared with the rest of the world, has worsened in 2024 in terms of GDP percentage. Currently it is country number 175 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
2024Q4642,875104.70%€54,402
2024Q3642,689105.70%€54,386
2024Q2643,306106.60%€54,439
2024Q1638,710106.60%€54,050
< Debt 2023
Belgium: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
2024642,875695,835104.70%€54,402$58,884
2023615,573665,099103.20%€52,092$56,283
2022578,936609,081102.70%€49,301$51,868
2021549,266649,020108.50%€47,279$55,865
2020515,900588,010111.20%€44,648$50,889
2019467,808523,15897.60%€40,600$45,403
2018459,852542,762100.10%€40,142$47,380
2017454,428512,749102.50%€39,867$44,984
2016451,926499,762105.50%€39,811$44,025
2015438,693486,567105.60%€38,784$43,017
2014431,504573,235106.60%€38,399$51,012
2013414,476550,423105.00%€37,070$49,229
2012404,752520,350104.30%€36,340$46,719
2011389,107541,524102.70%€35,131$48,892
2010364,132483,130100.20%€33,101$43,918
2009347,224483,77699.90%€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
1999279,531298,214115.40%€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
1995288,069378,500131.30%€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
1990215,467260,810130.31%€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
198068,63794,82876.80%€6,959$9,614
Belgium: Evolution of debt as a percentage of GDP

Belgium: Evolution of debt in millions