The ratio of government expenditure to GDP in Belgium was forecast to continuously increase between 2024 and 2029 by in total 1.5 percentage points. According to this forecast, in 2029, the ratio will have increased for the seventh consecutive year to 56.68 percent. Depicted here is the general government expenditure as a share of the national gross domestic product. According to the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government expenditure to GDP in countries like France, Netherlands, and Luxembourg.
Belgium: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029
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IMF. (October 22, 2024). Belgium: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved November 14, 2024, from https://www.statista.com/statistics/328976/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-belgium/
IMF. "Belgium: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029." Chart. October 22, 2024. Statista. Accessed November 14, 2024. https://www.statista.com/statistics/328976/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-belgium/
IMF. (2024). Belgium: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: November 14, 2024. https://www.statista.com/statistics/328976/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-belgium/
IMF. "Belgium: Ratio of Government Expenditure to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/328976/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-belgium/
IMF, Belgium: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 Statista, https://www.statista.com/statistics/328976/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-belgium/ (last visited November 14, 2024)
Belgium: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/328976/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-belgium/