Taxes on goods and services (current LCU) in Belgium
Belgium: Taxes on goods and services (current LCU) was 56.36 billion current LCU in 2024. ▲ Rising
Taxes on goods and services in Belgium, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Belgium recorded 56.36 billion current LCU for taxes on goods and services in 2024.
That represents a change of down 0.7% on the previous year and up 36.1% over ten years.
Over the whole period, taxes on goods and services in Belgium peaked at 56.74 billion current LCU in 2023 and was at its lowest, 22.24 billion current LCU, in 1995.
That places Belgium 87th out of 157 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.
Taxes on goods and services (current LCU) in Belgium, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 22.24 billion current LCU | — |
| 1996 | 23.57 billion current LCU | +6.0% |
| 1997 | 24.95 billion current LCU | +5.9% |
| 1998 | 25.83 billion current LCU | +3.5% |
| 1999 | 27.82 billion current LCU | +7.7% |
| 2000 | 29.19 billion current LCU | +4.9% |
| 2001 | 28.83 billion current LCU | -1.2% |
| 2002 | 27.50 billion current LCU | -4.6% |
| 2003 | 28.10 billion current LCU | +2.2% |
| 2004 | 30.31 billion current LCU | +7.8% |
| 2005 | 31.74 billion current LCU | +4.7% |
| 2006 | 33.23 billion current LCU | +4.7% |
| 2007 | 34.75 billion current LCU | +4.6% |
| 2008 | 35.19 billion current LCU | +1.3% |
| 2009 | 34.76 billion current LCU | -1.2% |
| 2010 | 37.27 billion current LCU | +7.2% |
| 2011 | 38.39 billion current LCU | +3.0% |
| 2012 | 40.89 billion current LCU | +6.5% |
| 2013 | 41.00 billion current LCU | +0.3% |
| 2014 | 41.42 billion current LCU | +1.0% |
| 2015 | 41.92 billion current LCU | +1.2% |
| 2016 | 43.74 billion current LCU | +4.3% |
| 2017 | 44.91 billion current LCU | +2.7% |
| 2018 | 46.98 billion current LCU | +4.6% |
| 2019 | 47.91 billion current LCU | +2.0% |
| 2020 | 44.45 billion current LCU | -7.2% |
| 2021 | 50.93 billion current LCU | +14.6% |
| 2022 | 52.54 billion current LCU | +3.2% |
| 2023 | 56.74 billion current LCU | +8.0% |
| 2024 | 56.36 billion current LCU | -0.7% |
Belgium compared with similar countries
- Belgium's 56.36 billion current LCU is above the median for high income countries, which is 39.13 billion current LCU, 1.4× the median. (57 countries reporting)
- Belgium's 56.36 billion current LCU is below the median for Europe & Central Asia, which is 85.71 billion current LCU, 66% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24.88 billion current LCU | 22.24 billion current LCU | 27.82 billion current LCU | 5 |
| 2000s | 31.36 billion current LCU | 27.50 billion current LCU | 35.19 billion current LCU | 10 |
| 2010s | 42.44 billion current LCU | 37.27 billion current LCU | 47.91 billion current LCU | 10 |
| 2020s | 52.21 billion current LCU | 44.45 billion current LCU | 56.74 billion current LCU | 5 |
Countries ranked near Belgium
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)
- 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)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, 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 taxes on goods and services in Belgium?
- Taxes on goods and services in Belgium was 56.36 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Belgium?
- The highest recorded value was 56.74 billion current LCU in 2023.
- What is the lowest taxes on goods and services recorded in Belgium?
- The lowest recorded value was 22.24 billion current LCU in 1995.
- How does Belgium rank for taxes on goods and services?
- Belgium ranks 87th out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in Belgium?
- Over the last ten years it is up 36.1%. 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.