Belgium vs Spain: Net incurrence of liabilities, Transactions

Belgium
61.86 billion
in 2025
Spain
67.71 billion
in 2025
Belgium rank
17th
Spain rank
16th

Net incurrence of liabilities, Transactions over time

  • Belgium
  • Spain
050.0B100.0B150.0B199920122025

How they compare

Spain currently reports 67.71 billion against 61.86 billion in Belgium, a difference of 5.85 billion.

That makes Spain's figure about 1.1 times Belgium's.

The two have swapped places 4 times across 27 shared years of data; in 1999 it was Spain ahead.

Belgium ranks 17th and Spain ranks 16th of 33 countries.

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

Head to head by decade

Decade Belgium Spain Difference Ahead
1990s 3.01 billion 15.37 billion 12.36 billion Spain
2000s 7.03 billion 27.01 billion 19.98 billion Spain
2010s 12.71 billion 67.77 billion 55.06 billion Spain
2020s 39.46 billion 84.92 billion 45.46 billion Spain

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net incurrence of liabilities, transactions, Belgium or Spain?
Spain, at 67.71 billion against 61.86 billion in Belgium as of 2025.
What is the difference in net incurrence of liabilities, transactions between Belgium and Spain?
5.85 billion, with Spain ahead.
How many years of comparable data are there for Belgium and Spain?
27 years are reported by both, from 1999 to 2025.
How do Belgium and Spain rank globally for net incurrence of liabilities, transactions?
Belgium ranks 17th and Spain ranks 16th of 33 countries.
Where does this data come from?
International Monetary Fund, published as Net incurrence of 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 Spain: Net incurrence of liabilities, Transactions. Statizoid, drawing on International Monetary Fund. Retrieved 02 September 2026, from https://debt.statizoid.com/compare/net-incurrence-of-liabilities-transactions-statement-of-operations-general-government/belgium/spain/

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About this data

Indicator
Net incurrence of 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.