Social contributions in Belgium
Belgium: Social contributions was 83.81 billion current LCU in 2024. ▲ Rising
Social contributions in Belgium, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, social contributions in Belgium stood at 83.81 billion current LCU. That is the highest value across all 30 years on record.
That represents a change of up 4.5% on the previous year and up 40.6% over ten years.
Over the whole period, social contributions in Belgium peaked at 83.81 billion current LCU in 2024 and was at its lowest, 31.15 billion current LCU, in 1995.
That places Belgium 45th out of 112 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Social contributions in Belgium, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 31.15 billion current LCU | — |
| 1996 | 31.87 billion current LCU | +2.3% |
| 1997 | 32.97 billion current LCU | +3.5% |
| 1998 | 34.31 billion current LCU | +4.1% |
| 1999 | 35.53 billion current LCU | +3.5% |
| 2000 | 36.48 billion current LCU | +2.7% |
| 2001 | 38.02 billion current LCU | +4.2% |
| 2002 | 39.88 billion current LCU | +4.9% |
| 2003 | 40.59 billion current LCU | +1.8% |
| 2004 | 41.81 billion current LCU | +3.0% |
| 2005 | 42.96 billion current LCU | +2.8% |
| 2006 | 44.94 billion current LCU | +4.6% |
| 2007 | 47.75 billion current LCU | +6.2% |
| 2008 | 50.46 billion current LCU | +5.7% |
| 2009 | 51.53 billion current LCU | +2.1% |
| 2010 | 52.61 billion current LCU | +2.1% |
| 2011 | 55.18 billion current LCU | +4.9% |
| 2012 | 57.43 billion current LCU | +4.1% |
| 2013 | 58.84 billion current LCU | +2.5% |
| 2014 | 59.63 billion current LCU | +1.3% |
| 2015 | 61.06 billion current LCU | +2.4% |
| 2016 | 60.24 billion current LCU | -1.4% |
| 2017 | 62.00 billion current LCU | +2.9% |
| 2018 | 63.47 billion current LCU | +2.4% |
| 2019 | 65.62 billion current LCU | +3.4% |
| 2020 | 64.81 billion current LCU | -1.2% |
| 2021 | 68.24 billion current LCU | +5.3% |
| 2022 | 73.98 billion current LCU | +8.4% |
| 2023 | 80.17 billion current LCU | +8.4% |
| 2024 | 83.81 billion current LCU | +4.5% |
Belgium compared with similar countries
- Belgium's 83.81 billion current LCU is above the median for high income countries, which is 35.12 billion current LCU, 2.4× the median. (49 countries reporting)
- Belgium's 83.81 billion current LCU is above the median for Europe & Central Asia, which is 64.53 billion current LCU, 1.3× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 33.17 billion current LCU | 31.15 billion current LCU | 35.53 billion current LCU | 5 |
| 2000s | 43.44 billion current LCU | 36.48 billion current LCU | 51.53 billion current LCU | 10 |
| 2010s | 59.61 billion current LCU | 52.61 billion current LCU | 65.62 billion current LCU | 10 |
| 2020s | 74.20 billion current LCU | 64.81 billion current LCU | 83.81 billion current LCU | 5 |
Countries ranked near Belgium
More public sector data for Belgium
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is social contributions in Belgium?
- Social contributions in Belgium was 83.81 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Belgium?
- The highest recorded value was 83.81 billion current LCU in 2024.
- What is the lowest social contributions recorded in Belgium?
- The lowest recorded value was 31.15 billion current LCU in 1995.
- How does Belgium rank for social contributions?
- Belgium ranks 45th out of 112 countries with data for 2024.
- Is social contributions rising or falling in Belgium?
- Over the last ten years it is up 40.6%. The long-run trend across the full record is rising.
- 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 Social contributions (current LCU). Statizoid updates them automatically from the source API.
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.