Belgium vs Germany: NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio

Belgium
4.73 Factor of gross operating surplus
in 2024
Germany
4.13 Factor of gross operating surplus
in 2025
Belgium rank
11th
Germany rank
13th

NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio over time

  • Belgium
  • Germany
02468199520102025

How they compare

Belgium currently reports 4.73 Factor of gross operating surplus against 4.13 Factor of gross operating surplus in Germany, a difference of 0.6 Factor of gross operating surplus.

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

Across all 30 years both countries report, Belgium has been ahead every year.

Belgium ranks 11th and Germany ranks 13th of 25 countries.

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

Head to head by decade

Decade Belgium Germany Difference Ahead
1990s 3.99 Factor of gross operating surplus 3.63 Factor of gross operating surplus 0.3657 Factor of gross operating surplus Belgium
2000s 4.56 Factor of gross operating surplus 3.78 Factor of gross operating surplus 0.7759 Factor of gross operating surplus Belgium
2010s 6.22 Factor of gross operating surplus 3.56 Factor of gross operating surplus 2.65 Factor of gross operating surplus Belgium
2020s 5.37 Factor of gross operating surplus 3.94 Factor of gross operating surplus 1.43 Factor of gross operating surplus Belgium

Averages of every year both report within each decade.

Frequently asked questions

Which has higher naag chapter 7: corporations — debt to gross operating surplus ratio, Belgium or Germany?
Belgium, at 4.73 Factor of gross operating surplus against 4.13 Factor of gross operating surplus in Germany as of 2024.
What is the difference in naag chapter 7: corporations — debt to gross operating surplus ratio between Belgium and Germany?
0.6 Factor of gross operating surplus, with Belgium ahead.
How many years of comparable data are there for Belgium and Germany?
30 years are reported by both, from 1995 to 2024.
How do Belgium and Germany rank globally for naag chapter 7: corporations — debt to gross operating surplus ratio?
Belgium ranks 11th and Germany ranks 13th of 25 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio of non-financial corporations. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belgium vs Germany: NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/naag-chapter-7-corporations-debt-to-gross-operating-surplus-ratio-of-non-financial/belgium/germany/

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<a href="https://economy.statizoid.com/compare/naag-chapter-7-corporations-debt-to-gross-operating-surplus-ratio-of-non-financial/belgium/germany/">Belgium vs Germany: NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio</a> — Statizoid

About this data

Indicator
NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio of non-financial corporations
Unit
Factor of gross operating surplus
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
34 places, 929 data points, 1995–2025
Last refreshed

The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.