Net incurrence of liabilities, Transactions in Belgium
Belgium: Net incurrence of liabilities, Transactions was 61.86 billion in 2025. ◆ Volatile
Net incurrence of liabilities, Transactions in Belgium, 1999–2025
Source: International Monetary Fund.
Analysis
Belgium recorded 61.86 billion for net incurrence of liabilities, transactions in 2025. That is the highest value across all 27 years on record.
The figure is up 150.8% on the previous year and up 524.2% over ten years.
Over the whole period, net incurrence of liabilities, transactions in Belgium peaked at 61.86 billion in 2025 and was at its lowest, 1.38 billion, in 2004.
Belgium ranks 17th of 33 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, Transactions in Belgium, year by year
| Year | Value | Change |
|---|---|---|
| 1999 | 3.01 billion | — |
| 2000 | 1.86 billion | -38.2% |
| 2001 | 1.55 billion | -16.4% |
| 2002 | 1.85 billion | +19.0% |
| 2003 | 3.15 billion | +69.9% |
| 2004 | 1.38 billion | -56.1% |
| 2005 | 8.57 billion | +520.6% |
| 2006 | 2.10 billion | -75.5% |
| 2007 | 3.12 billion | +48.5% |
| 2008 | 26.45 billion | +749.1% |
| 2009 | 20.31 billion | -23.2% |
| 2010 | 16.58 billion | -18.4% |
| 2011 | 24.39 billion | +47.1% |
| 2012 | 18.20 billion | -25.4% |
| 2013 | 10.82 billion | -40.5% |
| 2014 | 16.53 billion | +52.7% |
| 2015 | 9.91 billion | -40.0% |
| 2016 | 15.27 billion | +54.1% |
| 2017 | 2.08 billion | -86.4% |
| 2018 | 4.57 billion | +120.0% |
| 2019 | 8.72 billion | +90.6% |
| 2020 | 51.73 billion | +493.3% |
| 2021 | 36.97 billion | -28.5% |
| 2022 | 28.29 billion | -23.5% |
| 2023 | 33.27 billion | +17.6% |
| 2024 | 24.66 billion | -25.9% |
| 2025 | 61.86 billion | +150.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.01 billion | 3.01 billion | 3.01 billion | 1 |
| 2000s | 7.03 billion | 1.38 billion | 26.45 billion | 10 |
| 2010s | 12.71 billion | 2.08 billion | 24.39 billion | 10 |
| 2020s | 39.46 billion | 24.66 billion | 61.86 billion | 6 |
Countries ranked near Belgium
More external debt data for Belgium
- Other investment, Debt instruments 777.24 billion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 22.48 % change on previous year (2025)
- Other investment, Debt instruments, Deposit taking corporations 396.32 billion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 65,086 US dollar per person (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 1.07 US dollar per US$ of GDP (2025)
- Liabilities, International Liquidity, Liabilities to Nonresidents 311.97 billion (2024)
- Net lending (+) / net borrowing (-), General government, Percent of -6.4 (2030)
- Other investment, Debt instruments, Deposit taking corporations 10.7 % change on previous year (2025)
- Primary net lending (+) / net borrowing (-), General government -3.56 (2030)
- Other investment, Debt instruments, Deposit taking corporations 33,188 US dollar per person (2025)
Frequently asked questions
- What is net incurrence of liabilities, transactions in Belgium?
- Net incurrence of liabilities, transactions in Belgium was 61.86 billion in 2025, according to International Monetary Fund.
- What is the highest net incurrence of liabilities, transactions recorded in Belgium?
- The highest recorded value was 61.86 billion in 2025.
- What is the lowest net incurrence of liabilities, transactions recorded in Belgium?
- The lowest recorded value was 1.38 billion in 2004.
- How does Belgium rank for net incurrence of liabilities, transactions?
- Belgium ranks 17th out of 33 countries with data for 2025.
- Is net incurrence of liabilities, transactions rising or falling in Belgium?
- Over the last ten years it is up 524.2%. The long-run trend across the full record is volatile.
- Where does this Belgium data come from?
- The figures come from International Monetary Fund, published as part of Net incurrence of liabilities, Transactions (Statement of operations, General government). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.