Belgium's Debt-to-GDP Ratio

DEBT TO GDP RATIO (PERCENTAGE)


The debt-to-GDP ratio is the ratio between a country's government debt and its gross domestic product (GDP).

World Economics has upgraded each country's GDP presenting it in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data. Using the World Economics GDP Database it is possible to see more realistic debt levels for each country.

Belgium's is officially reported as having a debt-to-GDP ratio of 105% by the IMF.

Using the World Economics GDP database, Belgium's GDP would be $898 billion - 19% larger than official estimates, Belgium's debt ratio would be smaller at 88.3%

Belgium's data is highlighted in the table below, use the filter and sort order options to allow easy comparison with other countries.

Data source: World Economics Research, London


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All
Country Debt
% of GDP
Japan 232.2
Lebanon 215.2
Singapore 147.1
Sudan 139.8
Greece 124.9
United States 115.0
Italy 112.3
France 98.6
Libya 97.3
United Kingdom 94.8
Canada 94.1
Bahrain 92.1
Belgium 88.3
Spain 87.5
Sri Lanka 80.7
Laos 80.3
Portugal 78.6
Jordan 71.7
China 71.0
Bhutan 70.8
Finland 69.7
Austria 69.3
Mauritius 67.1
Ukraine 65.2
Brazil 65.0
Egypt 63.5
Suriname 63.4
Mozambique 62.1
Bahamas, The 60.9
Hungary 60.5
Tunisia 60.2
Argentina 60.1
Zambia 57.9
El Salvador 57.3
Germany 57.3
Israel 55.7
Cyprus 55.5
Slovenia 54.4
Yemen, Rep. 53.8
Morocco 53.4
India 52.9
Ghana 52.3
Congo, Rep. 51.6
Malawi 51.6
Slovak Republic 51.6
Iceland 51.5
Zimbabwe 51.5
South Africa 50.9
Guinea-Bissau 49.4
Pakistan 49.1
Kenya 48.8
Bolivia 48.6
Malaysia 48.4
Rwanda 48.0
Costa Rica 47.8
Jamaica 46.8
Togo 46.6
Korea, Rep. 46.1
Croatia 45.9
Namibia 45.5
Senegal 45.5
Uruguay 45.2
Australia 45.1
Poland 45.0
Dominican Republic 44.4
Thailand 44.0
Albania 43.8
Netherlands 43.4
New Zealand 43.0
Romania 42.8
Malta 41.9
Burkina Faso 41.5
North Macedonia 40.9
Colombia 40.8
Mexico 40.7
Burundi 40.4
Lesotho 40.1
Philippines 40.1
Algeria 39.5
Czechia 39.4
Sierra Leone 39.0
Gambia 38.2
Armenia 38.1
Mongolia 37.7
Ecuador 37.3
Angola 37.0
Ireland 36.6
Myanmar 36.6
Cote d'Ivoire 36.0
Kyrgyzstan 36.0
Benin 35.8
Gabon 35.7
Panama 35.7
Liberia 35.4
Belarus 35.2
Papua New Guinea 34.8
Latvia 34.5
Serbia 34.3
Switzerland 34.2
Chile 33.9
Uganda 32.9
Norway 32.8
Madagascar 32.1
Mauritania 31.7
Sweden 31.7
Niger 31.4
Qatar 30.0
Central African Republic 29.7
Lithuania 29.7
Bangladesh 29.4
Mali 28.9
Tanzania 28.5
Uzbekistan 28.3
Paraguay 28.2
Oman 27.8
Indonesia 27.7
Honduras 27.5
Cameroon 26.7
Georgia 26.5
Moldova 26.5
Comoros 26.0
Nepal 25.6
Nicaragua 25.6
Luxembourg 25.4
Denmark 25.3
United Arab Emirates 25.1
Nigeria 24.6
Vietnam 23.9
Türkiye 23.5
Guyana 22.7
Tajikistan 22.4
Bosnia and Herzegovina 22.3
Eswatini 21.9
Peru 21.5
Guinea 20.6
Ethiopia 19.9
Saudi Arabia 19.3
Estonia 18.8
Guatemala 18.5
Taiwan 18.4
Bulgaria 18.3
Kazakhstan 18.3
Chad 18.2
Cambodia 15.0
Russia 15.0
Azerbaijan 13.3
Botswana 12.5
Haiti 9.1
Hong Kong 7.9
Congo, Dem. Rep 5.8
Kuwait 5.1
Afghanistan 3.6
Turkmenistan 3.5





Key:
Debt-to-GDP ratio expressed in percentage terms.

Grade definitions:
         A: Low debt
         B: Moderate debt
         C: High debt
         D: Very high debt
         E: Extremely high debt





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