Subsidies and other transfers (current LCU) in Belgium
Belgium: Subsidies and other transfers (current LCU) was 133.51 billion current LCU in 2024. ▲ Rising
Subsidies and other transfers in Belgium, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for subsidies and other transfers in Belgium is 133.51 billion current LCU, measured in 2024. That is the highest value across all 30 years on record.
The figure is up 5.7% on the previous year and up 35.5% over ten years.
Over the whole period, subsidies and other transfers in Belgium peaked at 133.51 billion current LCU in 2024 and was at its lowest, 42.75 billion current LCU, in 1995.
Belgium ranks 78th of 153 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.
Subsidies and other transfers (current LCU) in Belgium, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 42.75 billion current LCU | — |
| 1996 | 44.73 billion current LCU | +4.6% |
| 1997 | 45.17 billion current LCU | +1.0% |
| 1998 | 46.65 billion current LCU | +3.3% |
| 1999 | 48.15 billion current LCU | +3.2% |
| 2000 | 49.47 billion current LCU | +2.7% |
| 2001 | 51.48 billion current LCU | +4.1% |
| 2002 | 54.17 billion current LCU | +5.2% |
| 2003 | 57.79 billion current LCU | +6.7% |
| 2004 | 60.42 billion current LCU | +4.5% |
| 2005 | 63.60 billion current LCU | +5.3% |
| 2006 | 66.15 billion current LCU | +4.0% |
| 2007 | 70.39 billion current LCU | +6.4% |
| 2008 | 76.34 billion current LCU | +8.4% |
| 2009 | 81.95 billion current LCU | +7.3% |
| 2010 | 85.50 billion current LCU | +4.3% |
| 2011 | 90.00 billion current LCU | +5.3% |
| 2012 | 93.60 billion current LCU | +4.0% |
| 2013 | 96.81 billion current LCU | +3.4% |
| 2014 | 98.55 billion current LCU | +1.8% |
| 2015 | 86.72 billion current LCU | -12.0% |
| 2016 | 88.63 billion current LCU | +2.2% |
| 2017 | 91.02 billion current LCU | +2.7% |
| 2018 | 94.49 billion current LCU | +3.8% |
| 2019 | 98.06 billion current LCU | +3.8% |
| 2020 | 112.47 billion current LCU | +14.7% |
| 2021 | 113.64 billion current LCU | +1.0% |
| 2022 | 118.43 billion current LCU | +4.2% |
| 2023 | 126.31 billion current LCU | +6.7% |
| 2024 | 133.51 billion current LCU | +5.7% |
Belgium compared with similar countries
- Belgium's 133.51 billion current LCU is above the median for high income countries, which is 61.98 billion current LCU, 2.2× the median. (57 countries reporting)
- Belgium's 133.51 billion current LCU is below the median for Europe & Central Asia, which is 139.03 billion current LCU, 96% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 45.49 billion current LCU | 42.75 billion current LCU | 48.15 billion current LCU | 5 |
| 2000s | 63.18 billion current LCU | 49.47 billion current LCU | 81.95 billion current LCU | 10 |
| 2010s | 92.34 billion current LCU | 85.50 billion current LCU | 98.55 billion current LCU | 10 |
| 2020s | 120.87 billion current LCU | 112.47 billion current LCU | 133.51 billion current LCU | 5 |
Countries ranked near Belgium
- 75 Kyrgyzstan 144.56 billion current LCU compare
- 76 Saudi Arabia 139.62 billion current LCU compare
- 77 Malaysia 135.38 billion current LCU compare
- 79 Denmark 129.90 billion current LCU compare
- 80 Switzerland 104.03 billion current LCU compare
- 81 Peru 90.48 billion current LCU compare
More public sector data for Belgium
- Democracy, 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)
- Elected parliament, 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)
- Arms imports 430.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is subsidies and other transfers in Belgium?
- Subsidies and other transfers in Belgium was 133.51 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Belgium?
- The highest recorded value was 133.51 billion current LCU in 2024.
- What is the lowest subsidies and other transfers recorded in Belgium?
- The lowest recorded value was 42.75 billion current LCU in 1995.
- How does Belgium rank for subsidies and other transfers?
- Belgium ranks 78th out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Belgium?
- Over the last ten years it is up 35.5%. 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.