Taxes on incomes of individuals and corporations as share of GDP in Belgium
Belgium: Taxes on incomes of individuals and corporations as share of GDP was 15.8% in 2023. ▼ Falling
Latest (2023)
15.8%
Change on year
down 0.5%
World rank
9th
of 184 countries
All-time high
18.5%
in 1984
All-time low
14.5%
in 2009
Years of data
44
1980–2023
Taxes on incomes of individuals and corporations as share of GDP in Belgium, 1980–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in %.
Analysis
Belgium recorded 15.8% for taxes on incomes of individuals and corporations as share of gdp in 2023.
Compared with earlier readings it is down 0.5% on the previous year and down 1.1% over ten years.
Over the whole period, taxes on incomes of individuals and corporations as share of gdp in Belgium peaked at 18.5% in 1984 and was at its lowest, 14.5%, in 2009.
Belgium ranks 9th of 184 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 44 years of available data.
Taxes on incomes of individuals and corporations as share of GDP in Belgium, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 17.2% | — |
| 1981 | 17.2% | -0.3% |
| 1982 | 18.0% | +4.9% |
| 1983 | 18.0% | +0.2% |
| 1984 | 18.5% | +2.8% |
| 1985 | 18.2% | -1.6% |
| 1986 | 17.9% | -1.8% |
| 1987 | 17.7% | -1.3% |
| 1988 | 16.9% | -4.1% |
| 1989 | 15.4% | -8.9% |
| 1990 | 15.7% | +1.8% |
| 1991 | 15.5% | -1.5% |
| 1992 | 14.9% | -3.6% |
| 1993 | 15.9% | +6.8% |
| 1994 | 16.2% | +2.0% |
| 1995 | 16.3% | +0.5% |
| 1996 | 16.3% | +0.0% |
| 1997 | 16.7% | +2.5% |
| 1998 | 17.3% | +3.4% |
| 1999 | 16.8% | -3.0% |
| 2000 | 17.0% | +0.9% |
| 2001 | 17.1% | +1.1% |
| 2002 | 17.0% | -0.6% |
| 2003 | 16.5% | -2.9% |
| 2004 | 16.5% | -0.1% |
| 2005 | 15.8% | -4.5% |
| 2006 | 15.6% | -1.0% |
| 2007 | 15.4% | -1.5% |
| 2008 | 15.7% | +2.1% |
| 2009 | 14.5% | -7.9% |
| 2010 | 14.7% | +1.3% |
| 2011 | 15.1% | +3.0% |
| 2012 | 15.4% | +1.7% |
| 2013 | 16.0% | +3.9% |
| 2014 | 16.0% | +0.4% |
| 2015 | 15.7% | -1.9% |
| 2016 | 15.4% | -2.2% |
| 2017 | 16.0% | +4.0% |
| 2018 | 16.1% | +0.9% |
| 2019 | 15.0% | -7.0% |
| 2020 | 15.0% | +0.1% |
| 2021 | 15.0% | -0.0% |
| 2022 | 15.9% | +5.7% |
| 2023 | 15.8% | -0.5% |
Belgium compared with similar countries
- Belgium's 15.8% is above the median for high income countries, which is 10.0%, 1.6× the median. (63 countries reporting)
- Belgium's 15.8% is above the median for Europe & Central Asia, which is 8.9%, 1.8× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 17.5% | 15.4% | 18.5% | 10 |
| 1990s | 16.2% | 14.9% | 17.3% | 10 |
| 2000s | 16.1% | 14.5% | 17.1% | 10 |
| 2010s | 15.5% | 14.7% | 16.1% | 10 |
| 2020s | 15.4% | 15.0% | 15.9% | 4 |
Countries ranked near Belgium
- 6 Iceland 18.5% compare
- 7 Canada 17.9% compare
- 8 Luxembourg 16.6% compare
- 10 Finland 15.6% compare
- 11 Liechtenstein 15.2% compare
- 12 South Africa 14.9% 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 taxes on incomes of individuals and corporations as share of gdp in Belgium?
- Taxes on incomes of individuals and corporations as share of gdp in Belgium was 15.8% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on incomes of individuals and corporations as share of gdp recorded in Belgium?
- The highest recorded value was 18.5% in 1984.
- What is the lowest taxes on incomes of individuals and corporations as share of gdp recorded in Belgium?
- The lowest recorded value was 14.5% in 2009.
- How does Belgium rank for taxes on incomes of individuals and corporations as share of gdp?
- Belgium ranks 9th out of 184 countries with data for 2023.
- Is taxes on incomes of individuals and corporations as share of gdp rising or falling in Belgium?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is falling.
- Where does this Belgium data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Taxes on incomes of individuals and corporations as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Tax revenue on incomes, profits and capital gains divided by gross domestic product, expressed as a percentage.