Taxes on income, profits and capital gains in Belgium
Belgium: Taxes on income, profits and capital gains was 35.9% in 2024. ▼ Falling
Taxes on income, profits and capital gains in Belgium, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Belgium recorded 35.9% for taxes on income, profits and capital gains in 2024.
Compared with earlier readings it is up 3.9% on the previous year and down 1.5% over ten years.
Over the whole period, taxes on income, profits and capital gains in Belgium peaked at 37.2% in 2002 and was at its lowest, 32.4%, in 2016.
That places Belgium 23rd out of 153 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 30 years of available data.
Taxes on income, profits and capital gains in Belgium, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1995 | 35.7% | — |
| 1996 | 35.2% | -1.4% |
| 1997 | 35.8% | +1.5% |
| 1998 | 36.8% | +3.1% |
| 1999 | 35.8% | -2.8% |
| 2000 | 36.8% | +2.9% |
| 2001 | 36.8% | +0.0% |
| 2002 | 37.2% | +1.0% |
| 2003 | 36.6% | -1.5% |
| 2004 | 36.9% | +0.6% |
| 2005 | 37.2% | +0.7% |
| 2006 | 36.9% | -0.7% |
| 2007 | 36.6% | -0.9% |
| 2008 | 36.9% | +1.0% |
| 2009 | 34.1% | -7.6% |
| 2010 | 34.7% | +1.8% |
| 2011 | 35.3% | +1.6% |
| 2012 | 35.4% | +0.3% |
| 2013 | 36.1% | +2.1% |
| 2014 | 36.5% | +1.0% |
| 2015 | 34.7% | -4.8% |
| 2016 | 32.4% | -6.7% |
| 2017 | 33.8% | +4.3% |
| 2018 | 34.1% | +0.9% |
| 2019 | 32.6% | -4.2% |
| 2020 | 32.4% | -0.6% |
| 2021 | 33.8% | +4.1% |
| 2022 | 35.2% | +4.3% |
| 2023 | 34.5% | -1.9% |
| 2024 | 35.9% | +3.9% |
Belgium compared with similar countries
- Belgium's 35.9% is above the median for high income countries, which is 24.5%, 1.5× the median. (55 countries reporting)
- Belgium's 35.9% is above the median for Europe & Central Asia, which is 20.9%, 1.7× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 35.9% | 35.2% | 36.8% | 5 |
| 2000s | 36.6% | 34.1% | 37.2% | 10 |
| 2010s | 34.5% | 32.4% | 36.5% | 10 |
| 2020s | 34.4% | 32.4% | 35.9% | 5 |
Countries ranked near Belgium
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 taxes on income, profits and capital gains in Belgium?
- Taxes on income, profits and capital gains in Belgium was 35.9% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Belgium?
- The highest recorded value was 37.2% in 2002.
- What is the lowest taxes on income, profits and capital gains recorded in Belgium?
- The lowest recorded value was 32.4% in 2016.
- How does Belgium rank for taxes on income, profits and capital gains?
- Belgium ranks 23rd out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Belgium?
- Over the last ten years it is down 1.5%. 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 income, profits and capital gains (% of revenue). Statizoid updates them automatically from the source API.
Download this data
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.