Interest payments in Belgium
Belgium: Interest payments was 3.2% in 2022. ▼ Falling
Interest payments in Belgium, 1995–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Belgium recorded 3.2% for interest payments in 2022. That is the lowest value across all 28 years on record.
The figure is down 10.6% on the previous year and down 54.9% over ten years.
Over the whole period, interest payments in Belgium peaked at 17.9% in 1995 and was at its lowest, 3.2%, in 2022.
That places Belgium 108th out of 152 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 28 years of available data.
Interest payments in Belgium, year by year
| Year | % of expense | Change |
|---|---|---|
| 1995 | 17.9% | — |
| 1996 | 17.1% | -4.9% |
| 1997 | 15.9% | -6.6% |
| 1998 | 15.4% | -3.3% |
| 1999 | 14.5% | -5.9% |
| 2000 | 14.4% | -0.5% |
| 2001 | 13.8% | -3.9% |
| 2002 | 12.9% | -7.2% |
| 2003 | 11.4% | -11.4% |
| 2004 | 10.6% | -6.7% |
| 2005 | 9.2% | -13.9% |
| 2006 | 9.3% | +1.7% |
| 2007 | 8.9% | -4.1% |
| 2008 | 8.4% | -5.5% |
| 2009 | 7.8% | -6.9% |
| 2010 | 7.5% | -5.0% |
| 2011 | 7.3% | -2.8% |
| 2012 | 7.1% | -2.1% |
| 2013 | 6.7% | -5.5% |
| 2014 | 6.6% | -1.6% |
| 2015 | 6.4% | -2.6% |
| 2016 | 6.0% | -6.4% |
| 2017 | 5.4% | -10.4% |
| 2018 | 4.8% | -10.0% |
| 2019 | 4.5% | -6.8% |
| 2020 | 4.0% | -11.4% |
| 2021 | 3.6% | -10.4% |
| 2022 | 3.2% | -10.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.2% | 14.5% | 17.9% | 5 |
| 2000s | 10.7% | 7.8% | 14.4% | 10 |
| 2010s | 6.2% | 4.5% | 7.5% | 10 |
| 2020s | 3.6% | 3.2% | 4.0% | 3 |
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 payments in Belgium?
- Interest payments in Belgium was 3.2% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Belgium?
- The highest recorded value was 17.9% in 1995.
- What is the lowest interest payments recorded in Belgium?
- The lowest recorded value was 3.2% in 2022.
- How does Belgium rank for interest payments?
- Belgium ranks 108th out of 152 countries with data for 2022.
- Is interest payments rising or falling in Belgium?
- Over the last ten years it is down 54.9%. The long-run trend across the full record is falling.
- Where does this Belgium data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (% of expense). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.