Belgium vs Italy: Net lending (+) / net borrowing (-), Transactions
Belgium
-33.22 billion
in 2025
Italy
-69.38 billion
in 2025
Belgium rank
18th
Italy rank
21st
Net lending (+) / net borrowing (-), Transactions over time
- Belgium
- Italy
How they compare
Belgium currently reports -33.22 billion against -69.38 billion in Italy, a difference of 36.16 billion.
Across all 27 years both countries report, Belgium has been ahead every year.
Belgium ranks 18th and Italy ranks 21st of 35 countries.
Belgium has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Belgium | Italy | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -1.57 billion | -20.90 billion | 19.33 billion | Belgium |
| 2000s | -3.59 billion | -46.81 billion | 43.23 billion | Belgium |
| 2010s | -11.28 billion | -45.80 billion | 34.52 billion | Belgium |
| 2020s | -29.02 billion | -129.68 billion | 100.66 billion | Belgium |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), transactions, Belgium or Italy?
- Belgium, at -33.22 billion against -69.38 billion in Italy as of 2025.
- What is the difference in net lending (+) / net borrowing (-), transactions between Belgium and Italy?
- 36.16 billion, with Belgium ahead.
- How many years of comparable data are there for Belgium and Italy?
- 27 years are reported by both, from 1999 to 2025.
- How do Belgium and Italy rank globally for net lending (+) / net borrowing (-), transactions?
- Belgium ranks 18th and Italy ranks 21st of 35 countries.
- Where does this data come from?
- International Monetary Fund, published as Net lending (+) / net borrowing (-), Transactions (Statement of operations, General government). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.