Belgium: Government spending, percent of GDP

* indicates monthly or quarterly data series

Government spending as percent of GDP

 Latest value 23.80
 Year 2022
 Measure percent
 Data availability 1970 - 2022
 Average 22.05
 Min - Max 16.79 - 24.40
 Source The World Bank
For that indicator, we provide data for Belgium from 1970 to 2022. The average value for Belgium during that period was 22.05 percent with a minimum of 16.79 percent in 1970 and a maximum of 24.4 percent in 2020. The latest value from 2022 is 23.8 percent. For comparison, the world average in 2022 based on 143 countries is 16.25 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Belgium - Government spending, percent of GDP - Recent values chart

Historical chart
Belgium - Government spending, percent of GDP - historical chart - 1970-2022

The government size of Belgium and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 23.80 2022 percent
 Government spending, in dollars 138.84 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -3.90 2022 percent
 Government debt 105.10 2022 percent
 Government expenditure 32.41 Q3/2023 billion
 Long-term government bond yield 3.32 9/2023 percent
 Tax revenue 23.10 2021 percent
 Commercial tax rate 55.40 2019 percent
 Tax preparation time 136 2019 hours
 Number of taxes 11 2019 taxes
 Taxes on goods and services 27.01 2021 percent
 Taxes on international trade 0.00 2021 percent
 Income and profits taxes 33.61 2021 percent
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