Economic Outlook No 118 … final consumption expenditure, volume in Belgium
Belgium: Economic Outlook No 118 … final consumption expenditure, volume was 129.36 billion in 2027. ▲ Rising
Economic Outlook No 118 — Government final consumption expenditure in Belgium, 1960–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
The most recent figure for economic outlook no 118 — government final consumption expenditure in Belgium is 129.36 billion, measured in 2027. That is the highest value across all 68 years on record.
The figure is up 0.5% on the previous year and up 18.8% over ten years.
Over the whole period, economic outlook no 118 — government final consumption expenditure in Belgium peaked at 129.36 billion in 2027 and was at its lowest, 26.38 billion, in 1960.
That places Belgium 28th out of 39 countries with data for 2027, putting it in the middle of the range.
The long-run direction has been consistently rising across the 68 years of available data.
Economic Outlook No 118 … final consumption expenditure, volume in Belgium, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 26.38 billion | — |
| 1961 | 26.88 billion | +1.9% |
| 1962 | 29.19 billion | +8.6% |
| 1963 | 32.57 billion | +11.6% |
| 1964 | 33.93 billion | +4.2% |
| 1965 | 35.81 billion | +5.5% |
| 1966 | 37.51 billion | +4.7% |
| 1967 | 39.64 billion | +5.7% |
| 1968 | 41.02 billion | +3.5% |
| 1969 | 43.59 billion | +6.3% |
| 1970 | 44.94 billion | +3.1% |
| 1971 | 47.43 billion | +5.5% |
| 1972 | 50.22 billion | +5.9% |
| 1973 | 52.90 billion | +5.3% |
| 1974 | 54.71 billion | +3.4% |
| 1975 | 57.17 billion | +4.5% |
| 1976 | 59.28 billion | +3.7% |
| 1977 | 60.62 billion | +2.3% |
| 1978 | 64.29 billion | +6.0% |
| 1979 | 65.88 billion | +2.5% |
| 1980 | 67.16 billion | +1.9% |
| 1981 | 69.26 billion | +3.1% |
| 1982 | 68.79 billion | -0.7% |
| 1983 | 69.22 billion | +0.6% |
| 1984 | 69.38 billion | +0.2% |
| 1985 | 71.40 billion | +2.9% |
| 1986 | 72.33 billion | +1.3% |
| 1987 | 74.26 billion | +2.7% |
| 1988 | 73.75 billion | -0.7% |
| 1989 | 74.63 billion | +1.2% |
| 1990 | 74.34 billion | -0.4% |
| 1991 | 77.05 billion | +3.6% |
| 1992 | 78.21 billion | +1.5% |
| 1993 | 78.07 billion | -0.2% |
| 1994 | 79.16 billion | +1.4% |
| 1995 | 80.35 billion | +1.5% |
| 1996 | 81.57 billion | +1.5% |
| 1997 | 82.56 billion | +1.2% |
| 1998 | 83.99 billion | +1.7% |
| 1999 | 85.99 billion | +2.4% |
| 2000 | 88.03 billion | +2.4% |
| 2001 | 89.90 billion | +2.1% |
| 2002 | 92.86 billion | +3.3% |
| 2003 | 94.59 billion | +1.9% |
| 2004 | 96.86 billion | +2.4% |
| 2005 | 97.22 billion | +0.4% |
| 2006 | 97.94 billion | +0.7% |
| 2007 | 99.83 billion | +1.9% |
| 2008 | 102.92 billion | +3.1% |
| 2009 | 104.63 billion | +1.7% |
| 2010 | 104.89 billion | +0.2% |
| 2011 | 105.35 billion | +0.4% |
| 2012 | 106.53 billion | +1.1% |
| 2013 | 106.79 billion | +0.2% |
| 2014 | 108.21 billion | +1.3% |
| 2015 | 108.56 billion | +0.3% |
| 2016 | 108.45 billion | -0.1% |
| 2017 | 108.85 billion | +0.4% |
| 2018 | 110.40 billion | +1.4% |
| 2019 | 112.64 billion | +2.0% |
| 2020 | 112.40 billion | -0.2% |
| 2021 | 117.08 billion | +4.2% |
| 2022 | 120.78 billion | +3.2% |
| 2023 | 124.03 billion | +2.7% |
| 2024 | 126.25 billion | +1.8% |
| 2025 | 127.46 billion | +1.0% |
| 2026 | 128.78 billion | +1.0% |
| 2027 | 129.36 billion | +0.5% |
Belgium compared with similar countries
- Belgium's 129.36 billion is below the median for high income countries, which is 582.42 billion, 22% of the median. (29 countries reporting)
- Belgium's 129.36 billion is below the median for Europe & Central Asia, which is 287.47 billion, 45% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 34.65 billion | 26.38 billion | 43.59 billion | 10 |
| 1970s | 55.74 billion | 44.94 billion | 65.88 billion | 10 |
| 1980s | 71.02 billion | 67.16 billion | 74.63 billion | 10 |
| 1990s | 80.13 billion | 74.34 billion | 85.99 billion | 10 |
| 2000s | 96.48 billion | 88.03 billion | 104.63 billion | 10 |
| 2010s | 108.07 billion | 104.89 billion | 112.64 billion | 10 |
| 2020s | 123.27 billion | 112.40 billion | 129.36 billion | 8 |
Countries ranked near Belgium
More economy & growth data for Belgium
- Real gdp growth, annual growth rate -37.51 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 2.78 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0205 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,248 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.12 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.015 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 911.55 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.2 % change on previous year (2025)
Frequently asked questions
- What is economic outlook no 118 — government final consumption expenditure in Belgium?
- Economic outlook no 118 — government final consumption expenditure in Belgium was 129.36 billion in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 118 — government final consumption expenditure recorded in Belgium?
- The highest recorded value was 129.36 billion in 2027.
- What is the lowest economic outlook no 118 — government final consumption expenditure recorded in Belgium?
- The lowest recorded value was 26.38 billion in 1960.
- How does Belgium rank for economic outlook no 118 — government final consumption expenditure?
- Belgium ranks 28th out of 39 countries with data for 2027.
- Is economic outlook no 118 — government final consumption expenditure rising or falling in Belgium?
- Over the last ten years it is up 18.8%. The long-run trend across the full record is rising.
- Where does this Belgium data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 118 — Government final consumption expenditure, volume. Statizoid updates them automatically from the source API.
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About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 118 (Edition 2025/2) EO118 Database documentation EO118 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP