Belgium vs Luxembourg: Loans, Liabilities, Transactions

Belgium
612.00 million
in 2025
Luxembourg
52.85 million
in 2025
Belgium rank
20th
Luxembourg rank
22nd

Loans, Liabilities, Transactions over time

  • Belgium
  • Luxembourg
-2.5B02.5B5.0B7.5B199920122025

How they compare

Belgium currently reports 612.00 million against 52.85 million in Luxembourg, a difference of 559.15 million.

That makes Belgium's figure about 11.6 times Luxembourg's.

The two have swapped places 10 times across 27 shared years of data; in 1999 it was Belgium ahead.

Belgium ranks 20th and Luxembourg ranks 22nd of 33 countries.

Belgium has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Belgium Luxembourg Difference Ahead
1990s 2.24 billion 65.21 million 2.17 billion Belgium
2000s 1.36 billion 298.47 million 1.06 billion Belgium
2010s 1.88 billion 21.88 million 1.86 billion Belgium
2020s 2.15 billion -137.21 million 2.29 billion Belgium

Averages of every year both report within each decade.

Frequently asked questions

Which has higher loans, liabilities, transactions, Belgium or Luxembourg?
Belgium, at 612.00 million against 52.85 million in Luxembourg as of 2025.
What is the difference in loans, liabilities, transactions between Belgium and Luxembourg?
559.15 million, with Belgium ahead.
How many years of comparable data are there for Belgium and Luxembourg?
27 years are reported by both, from 1999 to 2025.
How do Belgium and Luxembourg rank globally for loans, liabilities, transactions?
Belgium ranks 20th and Luxembourg ranks 22nd of 33 countries.
Where does this data come from?
International Monetary Fund, published as Loans, Liabilities, Transactions (Statement of operations, General government). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belgium vs Luxembourg: Loans, Liabilities, Transactions. Statizoid, drawing on International Monetary Fund. Retrieved 29 August 2026, from https://debt.statizoid.com/compare/loans-liabilities-transactions-statement-of-operations-general-government/belgium/luxembourg/

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About this data

Indicator
Loans, Liabilities, Transactions (Statement of operations, General government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
33 places, 847 data points, 1990–2025
Last refreshed

The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.