Interest, payable, Ratio of this level of government's expenditure on in Belgium
Belgium: Interest, payable, Ratio of this level of government's expenditure on was 0.8253 in 2020. ▼ Falling
Interest, payable, Ratio of this level of government's expenditure on in Belgium, 1995–2020
Source: International Monetary Fund.
Analysis
The most recent figure for interest, payable, ratio of this level of government's expenditure on in Belgium is 0.8253, measured in 2020. That is the lowest value across all 26 years on record.
The figure is down 1.3% on the previous year and down 5.0% over ten years.
Over the whole period, interest, payable, ratio of this level of government's expenditure on in Belgium peaked at 0.9094 in 2001 and was at its lowest, 0.8253, in 2020.
Belgium ranks 68th of 80 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Interest, payable, Ratio of this level of government's expenditure on in Belgium, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.8822 | — |
| 1996 | 0.8817 | -0.1% |
| 1997 | 0.8842 | +0.3% |
| 1998 | 0.8959 | +1.3% |
| 1999 | 0.8987 | +0.3% |
| 2000 | 0.9019 | +0.4% |
| 2001 | 0.9094 | +0.8% |
| 2002 | 0.9056 | -0.4% |
| 2003 | 0.8926 | -1.4% |
| 2004 | 0.8952 | +0.3% |
| 2005 | 0.8946 | -0.1% |
| 2006 | 0.8914 | -0.4% |
| 2007 | 0.8847 | -0.7% |
| 2008 | 0.8804 | -0.5% |
| 2009 | 0.8718 | -1.0% |
| 2010 | 0.8691 | -0.3% |
| 2011 | 0.8608 | -1.0% |
| 2012 | 0.8686 | +0.9% |
| 2013 | 0.8566 | -1.4% |
| 2014 | 0.8535 | -0.4% |
| 2015 | 0.8449 | -1.0% |
| 2016 | 0.8492 | +0.5% |
| 2017 | 0.8418 | -0.9% |
| 2018 | 0.8312 | -1.3% |
| 2019 | 0.8363 | +0.6% |
| 2020 | 0.8253 | -1.3% |
Belgium compared with similar countries
- Belgium's 0.8253 is below the median for high income countries, which is 0.9354, 88% of the median. (42 countries reporting)
- Belgium's 0.8253 is below the median for Europe & Central Asia, which is 0.966, 85% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.8885 | 0.8817 | 0.8987 | 5 |
| 2000s | 0.8928 | 0.8718 | 0.9094 | 10 |
| 2010s | 0.8512 | 0.8312 | 0.8691 | 10 |
| 2020s | 0.8253 | 0.8253 | 0.8253 | 1 |
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 interest, payable, ratio of this level of government's expenditure on in Belgium?
- Interest, payable, ratio of this level of government's expenditure on in Belgium was 0.8253 in 2020, according to International Monetary Fund.
- What is the highest interest, payable, ratio of this level of government's expenditure on recorded in Belgium?
- The highest recorded value was 0.9094 in 2001.
- What is the lowest interest, payable, ratio of this level of government's expenditure on recorded in Belgium?
- The lowest recorded value was 0.8253 in 2020.
- How does Belgium rank for interest, payable, ratio of this level of government's expenditure on?
- Belgium ranks 68th out of 80 countries with data for 2020.
- Is interest, payable, ratio of this level of government's expenditure on rising or falling in Belgium?
- Over the last ten years it is down 5.0%. The long-run trend across the full record is falling.
- Where does this Belgium data come from?
- The figures come from International Monetary Fund, published as part of Interest, payable, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.