NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio in Belgium
Belgium: NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio was 4.73 Factor of gross operating surplus in 2024. ▲ Rising
NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio in Belgium, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in Factor of gross operating surplus.
Analysis
Belgium recorded 4.73 Factor of gross operating surplus for naag chapter 7: corporations — debt to gross operating surplus ratio in 2024.
That represents a change of down 4.2% on the previous year and down 14.5% over ten years.
Over the whole period, naag chapter 7: corporations — debt to gross operating surplus ratio in Belgium peaked at 7.01 Factor of gross operating surplus in 2012 and was at its lowest, 3.67 Factor of gross operating surplus, in 1998.
That places Belgium 11th out of 25 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio in Belgium, year by year
| Year | Factor of gross operating surplus | Change |
|---|---|---|
| 1995 | 3.67 Factor of gross operating surplus | — |
| 1996 | 4.05 Factor of gross operating surplus | +10.4% |
| 1997 | 4.32 Factor of gross operating surplus | +6.5% |
| 1998 | 3.67 Factor of gross operating surplus | -15.0% |
| 1999 | 4.24 Factor of gross operating surplus | +15.7% |
| 2000 | 4.35 Factor of gross operating surplus | +2.4% |
| 2001 | 4.39 Factor of gross operating surplus | +1.0% |
| 2002 | 4.28 Factor of gross operating surplus | -2.4% |
| 2003 | 4.28 Factor of gross operating surplus | -0.1% |
| 2004 | 4.19 Factor of gross operating surplus | -2.1% |
| 2005 | 3.92 Factor of gross operating surplus | -6.4% |
| 2006 | 3.93 Factor of gross operating surplus | +0.2% |
| 2007 | 4.22 Factor of gross operating surplus | +7.6% |
| 2008 | 5.72 Factor of gross operating surplus | +35.4% |
| 2009 | 6.28 Factor of gross operating surplus | +9.7% |
| 2010 | 5.88 Factor of gross operating surplus | -6.3% |
| 2011 | 6.2 Factor of gross operating surplus | +5.4% |
| 2012 | 7.01 Factor of gross operating surplus | +13.0% |
| 2013 | 5.72 Factor of gross operating surplus | -18.3% |
| 2014 | 5.53 Factor of gross operating surplus | -3.4% |
| 2015 | 5.95 Factor of gross operating surplus | +7.7% |
| 2016 | 6.82 Factor of gross operating surplus | +14.5% |
| 2017 | 6.4 Factor of gross operating surplus | -6.2% |
| 2018 | 6.48 Factor of gross operating surplus | +1.3% |
| 2019 | 6.15 Factor of gross operating surplus | -5.0% |
| 2020 | 6.05 Factor of gross operating surplus | -1.7% |
| 2021 | 5.91 Factor of gross operating surplus | -2.3% |
| 2022 | 5.21 Factor of gross operating surplus | -11.8% |
| 2023 | 4.93 Factor of gross operating surplus | -5.4% |
| 2024 | 4.73 Factor of gross operating surplus | -4.2% |
Belgium compared with similar countries
- Belgium's 4.73 Factor of gross operating surplus is above the median for Europe & Central Asia, which is 4.4 Factor of gross operating surplus, 1.1× the median. (17 countries reporting)
- Belgium's 4.73 Factor of gross operating surplus is above the median for high income countries, which is 4.4 Factor of gross operating surplus, 1.1× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.99 Factor of gross operating surplus | 3.67 Factor of gross operating surplus | 4.32 Factor of gross operating surplus | 5 |
| 2000s | 4.56 Factor of gross operating surplus | 3.92 Factor of gross operating surplus | 6.28 Factor of gross operating surplus | 10 |
| 2010s | 6.22 Factor of gross operating surplus | 5.53 Factor of gross operating surplus | 7.01 Factor of gross operating surplus | 10 |
| 2020s | 5.37 Factor of gross operating surplus | 4.73 Factor of gross operating surplus | 6.05 Factor of gross operating surplus | 5 |
Countries ranked near Belgium
- 8 Denmark 5.07 Factor of gross operating surplus compare
- 9 Greece 4.83 Factor of gross operating surplus compare
- 10 Portugal 4.77 Factor of gross operating surplus compare
- 12 Austria 4.4 Factor of gross operating surplus compare
- 13 Germany 4.13 Factor of gross operating surplus compare
- 14 Chile 4.1 Factor of gross operating surplus compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -19.31 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0266 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -1,617 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -28.79 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 30.39 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0397 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -2,411 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 33.22 % change on previous year (2025)
Frequently asked questions
- What is naag chapter 7: corporations — debt to gross operating surplus ratio in Belgium?
- Naag chapter 7: corporations — debt to gross operating surplus ratio in Belgium was 4.73 Factor of gross operating surplus in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest naag chapter 7: corporations — debt to gross operating surplus ratio recorded in Belgium?
- The highest recorded value was 7.01 Factor of gross operating surplus in 2012.
- What is the lowest naag chapter 7: corporations — debt to gross operating surplus ratio recorded in Belgium?
- The lowest recorded value was 3.67 Factor of gross operating surplus in 1998.
- How does Belgium rank for naag chapter 7: corporations — debt to gross operating surplus ratio?
- Belgium ranks 11th out of 25 countries with data for 2024.
- Is naag chapter 7: corporations — debt to gross operating surplus ratio rising or falling in Belgium?
- Over the last ten years it is down 14.5%. 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 NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio of non-financial corporations. Statizoid updates them automatically from the source API.
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About this data
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.