Annual government expenditure by function (COFOG) — Gross fixed in Belgium

Belgium: Annual government expenditure by function (COFOG) — Gross fixed was 19,266 National currency in 2024. ▲ Rising

Latest (2024)
19,266 National currency
Change on year
up 11.7%
World rank
20th
of 27 countries
All-time high
19,266 National currency
in 2024
All-time low
4,454 National currency
in 1996
Years of data
30
1995–2024

Annual government expenditure by function (COFOG) — Gross fixed in Belgium, 1995–2024

5.0k10.0k15.0k20.0k1995200920241995: 4.7k National currency1996: 4.5k National currency1997: 4.7k National currency1998: 4.8k National currency1999: 5.7k National currency2000: 6.1k National currency2001: 5.6k National currency2002: 5.6k National currency2003: 5.9k National currency2004: 6.0k National currency2005: 6.4k National currency2006: 6.2k National currency2007: 6.8k National currency2008: 7.2k National currency2009: 7.9k National currency2010: 8.1k National currency2011: 9.0k National currency2012: 9.6k National currency2013: 9.2k National currency2014: 10.3k National currency2015: 10.4k National currency2016: 10.4k National currency2017: 10.9k National currency2018: 12.2k National currency2019: 12.6k National currency2020: 12.8k National currency2021: 14.0k National currency2022: 15.3k National currency2023: 17.3k National currency2024: 19.3k National currency

Source: Organisation for Economic Co-operation and Development. Measured in National currency.

Analysis

The most recent figure for annual government expenditure by function (cofog) — gross fixed in Belgium is 19,266 National currency, measured in 2024. That is the highest value across all 30 years on record.

That represents a change of up 11.7% on the previous year and up 86.9% over ten years.

Over the whole period, annual government expenditure by function (cofog) — gross fixed in Belgium peaked at 19,266 National currency in 2024 and was at its lowest, 4,454 National currency, in 1996.

Belgium ranks 20th of 27 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 30 years of available data.

Annual government expenditure by function (COFOG) — Gross fixed in Belgium, year by year

Annual values for Annual government expenditure by function (COFOG) — Gross fixed capital formation in Belgium, 1995 to 2024.
Year National currency Change
1995 4,671 National currency
1996 4,454 National currency -4.6%
1997 4,731 National currency +6.2%
1998 4,789 National currency +1.2%
1999 5,695 National currency +18.9%
2000 6,098 National currency +7.1%
2001 5,606 National currency -8.1%
2002 5,642 National currency +0.6%
2003 5,890 National currency +4.4%
2004 5,976 National currency +1.4%
2005 6,402 National currency +7.1%
2006 6,212 National currency -3.0%
2007 6,818 National currency +9.8%
2008 7,175 National currency +5.2%
2009 7,850 National currency +9.4%
2010 8,141 National currency +3.7%
2011 8,974 National currency +10.2%
2012 9,595 National currency +6.9%
2013 9,174 National currency -4.4%
2014 10,308 National currency +12.4%
2015 10,357 National currency +0.5%
2016 10,450 National currency +0.9%
2017 10,884 National currency +4.2%
2018 12,249 National currency +12.5%
2019 12,638 National currency +3.2%
2020 12,755 National currency +0.9%
2021 14,018 National currency +9.9%
2022 15,340 National currency +9.4%
2023 17,253 National currency +12.5%
2024 19,266 National currency +11.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 4,868 National currency 4,454 National currency 5,695 National currency 5
2000s 6,367 National currency 5,606 National currency 7,850 National currency 10
2010s 10,277 National currency 8,141 National currency 12,638 National currency 10
2020s 15,726 National currency 12,755 National currency 19,266 National currency 5

Countries ranked near Belgium

  1. 17 Spain 43,485 National currency compare
  2. 18 Switzerland 26,112 National currency compare
  3. 19 Austria 19,420 National currency compare
  4. 21 Ireland 14,613 National currency compare
  5. 22 Finland 12,246 National currency compare
  6. 23 Greece 8,612 National currency compare

See the full ranking of 38 places →

More public sector data for Belgium

All data for Belgium →

Frequently asked questions

What is annual government expenditure by function (cofog) — gross fixed in Belgium?
Annual government expenditure by function (cofog) — gross fixed in Belgium was 19,266 National currency in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest annual government expenditure by function (cofog) — gross fixed recorded in Belgium?
The highest recorded value was 19,266 National currency in 2024.
What is the lowest annual government expenditure by function (cofog) — gross fixed recorded in Belgium?
The lowest recorded value was 4,454 National currency in 1996.
How does Belgium rank for annual government expenditure by function (cofog) — gross fixed?
Belgium ranks 20th out of 27 countries with data for 2024.
Is annual government expenditure by function (cofog) — gross fixed rising or falling in Belgium?
Over the last ten years it is up 86.9%. 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 fixed capital formation. Statizoid updates them automatically from the source API.

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Annual government expenditure by function (COFOG) — Gross fixed in Belgium. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 22 August 2026, from https://public-sector.statizoid.com/stat/annual-government-expenditure-by-function-cofog-gross-fixed-capital-formation/belgium/

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About this data

Indicator
Annual government expenditure by function (COFOG) — Gross fixed capital formation
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
38 places, 1,116 data points, 1970–2025
Last refreshed

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