Expense in Belgium
Belgium: Expense was 39.7% in 2022. ▼ Falling
Expense in Belgium, 1995–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2022, expense in Belgium stood at 39.7%.
Compared with earlier readings it is down 4.1% on the previous year and down 13.1% over ten years.
Over the whole period, expense in Belgium peaked at 45.9% in 1996 and was at its lowest, 39.4%, in 2019.
Belgium ranks 20th of 157 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Expense in Belgium, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 45.6% | — |
| 1996 | 45.9% | +0.8% |
| 1997 | 44.7% | -2.7% |
| 1998 | 44.4% | -0.6% |
| 1999 | 43.8% | -1.4% |
| 2000 | 42.6% | -2.7% |
| 2001 | 43.0% | +0.9% |
| 2002 | 41.4% | -3.7% |
| 2003 | 42.6% | +2.7% |
| 2004 | 40.9% | -3.9% |
| 2005 | 43.5% | +6.4% |
| 2006 | 40.6% | -6.7% |
| 2007 | 40.3% | -0.7% |
| 2008 | 42.1% | +4.5% |
| 2009 | 44.2% | +5.1% |
| 2010 | 43.6% | -1.5% |
| 2011 | 44.5% | +2.2% |
| 2012 | 45.7% | +2.7% |
| 2013 | 45.3% | -0.8% |
| 2014 | 45.0% | -0.9% |
| 2015 | 41.7% | -7.2% |
| 2016 | 41.2% | -1.3% |
| 2017 | 40.1% | -2.6% |
| 2018 | 39.9% | -0.4% |
| 2019 | 39.4% | -1.3% |
| 2020 | 43.7% | +10.8% |
| 2021 | 41.4% | -5.1% |
| 2022 | 39.7% | -4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 44.9% | 43.8% | 45.9% | 5 |
| 2000s | 42.1% | 40.3% | 44.2% | 10 |
| 2010s | 42.6% | 39.4% | 45.7% | 10 |
| 2020s | 41.6% | 39.7% | 43.7% | 3 |
Countries ranked near Belgium
More economy & growth data for Belgium
- 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)
- GDP (current US$), annual growth rate 8.12 % change on previous year (2025)
- GDP (current US$), per capita 60,750 current US$ per person (2025)
- GDP (current LCU), annual growth rate 3.57 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 0.885 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 53,762 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 0.9832 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7431 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 45,146 constant 2015 US$ per person (2025)
Frequently asked questions
- What is expense in Belgium?
- Expense in Belgium was 39.7% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Belgium?
- The highest recorded value was 45.9% in 1996.
- What is the lowest expense recorded in Belgium?
- The lowest recorded value was 39.4% in 2019.
- How does Belgium rank for expense?
- Belgium ranks 20th out of 157 countries with data for 2022.
- Is expense rising or falling in Belgium?
- Over the last ten years it is down 13.1%. The long-run trend across the full record is falling.
- Where does this Belgium data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.