Belgium Government Debt to GDP — 2026 Data & Trend
Belgium's government debt was 109.10% in March 2026, up from 107.90% the previous quarter. A year earlier it stood at 106.10%.
Belgium's government debt stands at 109.10% as of March 2026. Over the latest readings, the government debt has moved within a band of 87.50% to 135.20%. The most recent figure of 109.10% is up from 107.90% a quarter earlier, and is 3.00% higher than a year ago.
The trend
Among the 121 economies tracked on this platform, Belgium ranks #14 on government debt by latest value. It rose from 107.90% in the previous quarter, and compares with a year-earlier 106.10%.
What's driving it
The debt ratio moves with budget deficits, growth, interest costs and the currency; faster nominal growth lowers it, while wide deficits push it up.
Recent readings
| Period | Government debt |
|---|---|
| Mar 2026 | 109.10% |
| Dec 2025 | 107.90% |
| Sep 2025 | 107.10% |
| Jun 2025 | 106.20% |
| Mar 2025 | 106.10% |
| Dec 2024 | 103.90% |
| Sep 2024 | 104.70% |
| Jun 2024 | 105.60% |
Data: Source: Eurostat (Commission Decision 2011/833/EU — reuse permitted with attribution). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
How Much Government Debt Does Belgium Have in 2026?
Belgium's government debt was 109.10% in March 2026, up from 107.90% the previous quarter. A year earlier it stood at 106.10%.
Is the government debt rising or falling in Belgium?
It rose in the latest reading — 109.10% in March 2026 versus 107.90% a quarter earlier. Year on year it is higher.
What is government debt?
It measures total public debt expressed as a share of gross domestic product (debt-to-GDP).