General government gross debt of Belgium as percentage of GDP 2002-2029
The ratio of national debt to gross domestic product (GDP) in Belgium was forecast to continuously increase between 2024 and 2029 by in total 14 percentage points. After the fifth consecutive increasing year, the ratio is estimated to reach 118.95 percent and therefore a new peak in 2029.
Depicted here is the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.
Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Netherlands, Luxembourg, and France.
Depicted here is the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.
Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Netherlands, Luxembourg, and France.
