Interest payments in Belgium
Belgium: Interest payments was 4.5% in 2024. ▼ Falling
Interest payments in Belgium, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for interest payments in Belgium is 4.5%, measured in 2024.
Compared with earlier readings it is up 13.5% on the previous year and down 35.4% over ten years.
Over the whole period, interest payments in Belgium peaked at 19.7% in 1995 and was at its lowest, 3.4%, in 2022.
That places Belgium 96th out of 155 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Interest payments in Belgium, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1995 | 19.7% | — |
| 1996 | 18.6% | -5.5% |
| 1997 | 16.8% | -10.0% |
| 1998 | 15.9% | -4.9% |
| 1999 | 14.9% | -6.7% |
| 2000 | 14.4% | -2.9% |
| 2001 | 14.0% | -3.0% |
| 2002 | 12.8% | -8.4% |
| 2003 | 11.9% | -7.0% |
| 2004 | 10.7% | -10.2% |
| 2005 | 9.8% | -8.2% |
| 2006 | 9.4% | -4.6% |
| 2007 | 9.0% | -3.6% |
| 2008 | 8.7% | -4.0% |
| 2009 | 8.7% | +0.7% |
| 2010 | 8.0% | -7.9% |
| 2011 | 7.9% | -2.0% |
| 2012 | 7.7% | -2.4% |
| 2013 | 7.1% | -7.4% |
| 2014 | 7.0% | -1.8% |
| 2015 | 6.6% | -5.5% |
| 2016 | 6.4% | -2.7% |
| 2017 | 5.5% | -13.7% |
| 2018 | 4.9% | -11.8% |
| 2019 | 4.7% | -3.2% |
| 2020 | 4.7% | +0.0% |
| 2021 | 3.9% | -17.1% |
| 2022 | 3.4% | -13.0% |
| 2023 | 4.0% | +16.3% |
| 2024 | 4.5% | +13.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.2% | 14.9% | 19.7% | 5 |
| 2000s | 11.0% | 8.7% | 14.4% | 10 |
| 2010s | 6.6% | 4.7% | 8.0% | 10 |
| 2020s | 4.1% | 3.4% | 4.7% | 5 |
Countries ranked near Belgium
- 93 Madagascar 4.8% compare
- 94 Ecuador 4.7% compare
- 95 New Zealand 4.7% compare
- 97 Mongolia 4.3% compare
- 98 France 4.2% compare
- 99 Central African Republic 4.2% compare
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 4.5% in 2024, 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 19.7% in 1995.
- What is the lowest interest payments recorded in Belgium?
- The lowest recorded value was 3.4% in 2022.
- How does Belgium rank for interest payments?
- Belgium ranks 96th out of 155 countries with data for 2024.
- Is interest payments rising or falling in Belgium?
- Over the last ten years it is down 35.4%. 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 revenue). 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 a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.