Taxes on goods and services (% value added of industry and services) in Belgium
Belgium: Taxes on goods and services (% value added of industry and services) was 10.1% in 2024. ▼ Falling
Taxes on goods and services in Belgium, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % value added of industry and services.
Analysis
The most recent figure for taxes on goods and services in Belgium is 10.1%, measured in 2024. That is the lowest value across all 30 years on record.
Compared with earlier readings it is down 3.5% on the previous year and down 12.0% over ten years.
Over the whole period, taxes on goods and services in Belgium peaked at 13.0% in 1999 and was at its lowest, 10.1%, in 2024.
That places Belgium 77th out of 154 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.
Taxes on goods and services (% value added of industry and services) in Belgium, year by year
| Year | % value added of industry and services | Change |
|---|---|---|
| 1995 | 11.9% | — |
| 1996 | 12.4% | +4.6% |
| 1997 | 12.6% | +1.4% |
| 1998 | 12.6% | -0.3% |
| 1999 | 13.0% | +3.5% |
| 2000 | 12.9% | -0.7% |
| 2001 | 12.3% | -4.7% |
| 2002 | 11.4% | -7.7% |
| 2003 | 11.3% | -0.8% |
| 2004 | 11.6% | +2.6% |
| 2005 | 11.6% | -0.0% |
| 2006 | 11.6% | -0.0% |
| 2007 | 11.4% | -1.1% |
| 2008 | 11.3% | -1.3% |
| 2009 | 11.3% | -0.3% |
| 2010 | 11.6% | +2.8% |
| 2011 | 11.4% | -1.5% |
| 2012 | 11.9% | +4.2% |
| 2013 | 11.7% | -1.5% |
| 2014 | 11.5% | -1.8% |
| 2015 | 11.3% | -1.4% |
| 2016 | 11.5% | +1.4% |
| 2017 | 11.4% | -0.7% |
| 2018 | 11.5% | +0.9% |
| 2019 | 11.3% | -2.4% |
| 2020 | 10.7% | -4.8% |
| 2021 | 11.3% | +5.8% |
| 2022 | 10.5% | -7.8% |
| 2023 | 10.5% | +0.3% |
| 2024 | 10.1% | -3.5% |
Belgium compared with similar countries
- Belgium's 10.1% is below the median for high income countries, which is 11.7%, 87% of the median. (55 countries reporting)
- Belgium's 10.1% is below the median for Europe & Central Asia, which is 13.0%, 78% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.5% | 11.9% | 13.0% | 5 |
| 2000s | 11.7% | 11.3% | 12.9% | 10 |
| 2010s | 11.5% | 11.3% | 11.9% | 10 |
| 2020s | 10.6% | 10.1% | 11.3% | 5 |
Countries ranked near Belgium
- 74 Malta 10.2% compare
- 75 Azerbaijan 10.2% compare
- 76 Malawi 10.1% compare
- 78 New Zealand 9.9% compare
- 79 Nepal 9.6% compare
- 80 Dominican Republic 9.5% 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 taxes on goods and services in Belgium?
- Taxes on goods and services in Belgium was 10.1% 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 13.0% in 1999.
- What is the lowest taxes on goods and services recorded in Belgium?
- The lowest recorded value was 10.1% in 2024.
- How does Belgium rank for taxes on goods and services?
- Belgium ranks 77th out of 154 countries with data for 2024.
- Is taxes on goods and services rising or falling in Belgium?
- Over the last ten years it is down 12.0%. 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 Taxes on goods and services (% value added of industry and services). Statizoid updates them automatically from the source API.
Download this data
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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 as a percentage of value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.