Annual government expenditure by function (COFOG) — Gross capital in Belgium
Belgium: Annual government expenditure by function (COFOG) — Gross capital was 19,630 National currency in 2024. ▲ Rising
Annual government expenditure by function (COFOG) — Gross capital in Belgium, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
In 2024, annual government expenditure by function (cofog) — gross capital in Belgium stood at 19,630 National currency. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 10.9% on the previous year and up 89.3% over ten years.
Over the whole period, annual government expenditure by function (cofog) — gross capital in Belgium peaked at 19,630 National currency in 2024 and was at its lowest, 4,476 National currency, in 1996.
Belgium ranks 22nd of 28 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Annual government expenditure by function (COFOG) — Gross capital in Belgium, year by year
| Year | National currency | Change |
|---|---|---|
| 1995 | 4,702 National currency | — |
| 1996 | 4,476 National currency | -4.8% |
| 1997 | 4,705 National currency | +5.1% |
| 1998 | 4,803 National currency | +2.1% |
| 1999 | 5,745 National currency | +19.6% |
| 2000 | 6,149 National currency | +7.0% |
| 2001 | 5,735 National currency | -6.7% |
| 2002 | 5,545 National currency | -3.3% |
| 2003 | 5,940 National currency | +7.1% |
| 2004 | 6,024 National currency | +1.4% |
| 2005 | 6,389 National currency | +6.1% |
| 2006 | 5,820 National currency | -8.9% |
| 2007 | 6,875 National currency | +18.1% |
| 2008 | 7,544 National currency | +9.7% |
| 2009 | 8,344 National currency | +10.6% |
| 2010 | 8,477 National currency | +1.6% |
| 2011 | 9,623 National currency | +13.5% |
| 2012 | 10,350 National currency | +7.6% |
| 2013 | 9,720 National currency | -6.1% |
| 2014 | 10,370 National currency | +6.7% |
| 2015 | 10,470 National currency | +1.0% |
| 2016 | 10,546 National currency | +0.7% |
| 2017 | 11,045 National currency | +4.7% |
| 2018 | 12,469 National currency | +12.9% |
| 2019 | 12,763 National currency | +2.4% |
| 2020 | 12,938 National currency | +1.4% |
| 2021 | 14,209 National currency | +9.8% |
| 2022 | 15,971 National currency | +12.4% |
| 2023 | 17,708 National currency | +10.9% |
| 2024 | 19,630 National currency | +10.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4,886 National currency | 4,476 National currency | 5,745 National currency | 5 |
| 2000s | 6,437 National currency | 5,545 National currency | 8,344 National currency | 10 |
| 2010s | 10,583 National currency | 8,477 National currency | 12,763 National currency | 10 |
| 2020s | 16,091 National currency | 12,938 National currency | 19,630 National currency | 5 |
Countries ranked near Belgium
More public sector data for Belgium
- Arms imports 515.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 43.43 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0008 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -92.94 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 515.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 721.97 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0128 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.22 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 8.56 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 393.52 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is annual government expenditure by function (cofog) — gross capital in Belgium?
- Annual government expenditure by function (cofog) — gross capital in Belgium was 19,630 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government expenditure by function (cofog) — gross capital recorded in Belgium?
- The highest recorded value was 19,630 National currency in 2024.
- What is the lowest annual government expenditure by function (cofog) — gross capital recorded in Belgium?
- The lowest recorded value was 4,476 National currency in 1996.
- How does Belgium rank for annual government expenditure by function (cofog) — gross capital?
- Belgium ranks 22nd out of 28 countries with data for 2024.
- Is annual government expenditure by function (cofog) — gross capital rising or falling in Belgium?
- Over the last ten years it is up 89.3%. The long-run trend across the full record is rising.
- Where does this Belgium data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets. Statizoid updates them automatically from the source API.
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About this data
This table provides a breakdown of government expenditure according to the Classification of the Functions of Government (COFOG), which shows how much governments spend in areas such as health, education, environmental protection, defence and servicing public debt. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data are also available, for most countries, for the sub-sectors of general government. Specific categories of expenditure (such as health and education) can be selected using the ‘Expenditure’ filter, while details of the type of expenditure such as compensation of employees (payment of wages and salaries and employers’ social contributions) can be selected using the ‘Transaction’ filter. For government final consumption expenditure a breakdown is also provided, in the ‘Transaction’ filter, between individual and collective consumption expenditure. Data is for General Government. For most countries, results are also available for the General Government sub-sectors: central, local and state (regional) government and social security. These sub-sectors can be selected using the ‘Institutional sector’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE11 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org