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Government Finance of Belgium

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Tax Revenue Composition

28.3% 10.3% 30.8% 7.5% 23.0%
  • Personal income taxes: 28.3%
  • Corporate income taxes: 10.3%
  • Social security contributions: 30.8%
  • Property taxes: 7.5%
  • Goods and services taxes: 23.0%
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Personal income taxes
28.3%
Corporate income taxes
10.3%
Social security contributions
30.8%
Property taxes
7.5%
Goods and services taxes
23.0%

Source: OECD Global Revenue Statistics Database, 2024.

Government Debt

Government Gross Debt (% of GDP) 109.2% #15 / 184 2026
Government Gross Debt (Local currency - EUR) 719B - 2026
Government Net Debt (% of GDP) 96.5% #5 / 86 2026
Government Net Debt (Local currency - EUR) 635B - 2026

Fiscal Balance

Fiscal Balance (% of GDP) -5.1% #148 / 189 2026
Fiscal Balance (Local currency - EUR) -33.8B - 2026
Primary Fiscal Balance (% of GDP) -3.3% #149 / 182 2026
Primary Fiscal Balance (Local currency - EUR) -21.7B - 2026

Revenue and Spending

Government Revenue (% of GDP) 49.8% #15 / 189 2026
Government Revenue (Local currency - EUR) 328B - 2026
Government Spending (% of GDP) 54.9% #12 / 189 2026
Government Spending (Local currency - EUR) 362B - 2026

International Reserves

Total Reserves (USD) 42.3B #49 / 163 2024

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