Belgium recorded a government budget deficit of 3402 EUR Million in 2018.

Government Budget Value in Belgium averaged -7757.33 EUR Million from 1970 until 2018, reaching an all time high of 779 EUR Million in 2006 and a record low of -18817 EUR Million in 2009. This page provides - Belgium Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Government Budget Value - values, historical data and charts - was last updated on July of 2020.

Government Budget Value in Belgium is expected to reach 2400.10 EUR Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Government Budget Value is projected to trend around 3584.26 EUR Million in 2021, according to our econometric models.

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Belgium Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-3402.00 -3159.00 779.00 -18817.00 1970 - 2018 EUR Million Yearly
Current Prices, NSA

Belgium Government Last Previous Highest Lowest Unit
Government Debt to GDP 98.60 99.80 133.10 74.10 percent [+]
Government Budget -1.90 -0.80 0.20 -5.40 percent of GDP [+]
Government Budget Value -3402.00 -3159.00 779.00 -18817.00 EUR Million [+]
Government Spending 24832.00 25634.00 25634.00 9857.00 EUR Million [+]
Government Spending to GDP 52.20 52.20 64.00 48.60 percent [+]
Government Revenues 232880.00 224454.00 232880.00 12733.00 EUR Million [+]
Government Debt 611215.00 575449.00 611215.00 310141.00 EUR Million [+]
Fiscal Expenditure 235976.40 228976.10 235976.40 110858.20 EUR Million [+]
Military Expenditure 4614.00 4485.00 8625.00 2007.00 USD Million [+]
Credit Rating 86.00 [+]
Asylum Applications 170.00 895.00 6360.00 170.00 persons [+]


Belgium Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.