Vertical fiscal imbalance, Percent in Belgium
Belgium: Vertical fiscal imbalance, Percent was -1.59 in 2020. ▼ Falling
Vertical fiscal imbalance, Percent in Belgium, 1995–2020
Source: International Monetary Fund.
Analysis
The most recent figure for vertical fiscal imbalance, percent in Belgium is -1.59, measured in 2020.
The figure is up 19.4% on the previous year and down 16.6% over ten years.
Over the whole period, vertical fiscal imbalance, percent in Belgium peaked at -0.7276 in 1995 and was at its lowest, -2.11, in 2018.
Belgium ranks 64th of 64 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Vertical fiscal imbalance, Percent in Belgium, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | -0.7276 | — |
| 1996 | -0.7864 | +8.1% |
| 1997 | -0.8869 | +12.8% |
| 1998 | -0.9736 | +9.8% |
| 1999 | -1.03 | +5.7% |
| 2000 | -1.13 | +10.1% |
| 2001 | -1.17 | +3.4% |
| 2002 | -1.2 | +2.1% |
| 2003 | -1.13 | -5.4% |
| 2004 | -1.53 | +35.0% |
| 2005 | -1.06 | -30.7% |
| 2006 | -1.61 | +51.7% |
| 2007 | -1.48 | -8.0% |
| 2008 | -1.46 | -1.4% |
| 2009 | -1.23 | -15.6% |
| 2010 | -1.36 | +10.7% |
| 2011 | -1.29 | -4.9% |
| 2012 | -1.28 | -1.0% |
| 2013 | -1.52 | +18.7% |
| 2014 | -1.53 | +0.9% |
| 2015 | -1.58 | +3.3% |
| 2016 | -1.73 | +9.3% |
| 2017 | -1.97 | +13.6% |
| 2018 | -2.11 | +7.2% |
| 2019 | -1.97 | -6.5% |
| 2020 | -1.59 | -19.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.8808 | -1.03 | -0.7276 | 5 |
| 2000s | -1.3 | -1.61 | -1.06 | 10 |
| 2010s | -1.63 | -2.11 | -1.28 | 10 |
| 2020s | -1.59 | -1.59 | -1.59 | 1 |
Countries ranked near Belgium
- 61 Germany -0.8147 compare
- 62 Netherlands -0.9138 compare
- 63 Switzerland -0.927 compare
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 vertical fiscal imbalance, percent in Belgium?
- Vertical fiscal imbalance, percent in Belgium was -1.59 in 2020, according to International Monetary Fund.
- What is the highest vertical fiscal imbalance, percent recorded in Belgium?
- The highest recorded value was -0.7276 in 1995.
- What is the lowest vertical fiscal imbalance, percent recorded in Belgium?
- The lowest recorded value was -2.11 in 2018.
- How does Belgium rank for vertical fiscal imbalance, percent?
- Belgium ranks 64th out of 64 countries with data for 2020.
- Is vertical fiscal imbalance, percent rising or falling in Belgium?
- Over the last ten years it is down 16.6%. The long-run trend across the full record is falling.
- Where does this Belgium data come from?
- The figures come from International Monetary Fund, published as part of Vertical fiscal imbalance, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.