Armenia vs Belgium: Credit to government and state-owned enterprises to GDP

Armenia
14.8%
in 2020
Belgium
14.2%
in 2020
Armenia rank
74th
Belgium rank
76th

Credit to government and state-owned enterprises to GDP over time

  • Armenia
  • Belgium
010203040199220062020

How they compare

Armenia currently reports 14.8% against 14.2% in Belgium, a difference of 0.6%.

The two have swapped places 1 time across 20 shared years of data; in 2001 it was Belgium ahead.

Armenia ranks 74th and Belgium ranks 76th of 178 countries.

Across the 3 decades both report, Armenia averaged higher in 1 and Belgium in 2.

Head to head by decade

Decade Armenia Belgium Difference Ahead
2000s 2.3% 28.9% 26.6% Belgium
2010s 6.8% 19.6% 12.8% Belgium
2020s 14.8% 14.2% 0.5% Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher credit to government and state-owned enterprises to gdp, Armenia or Belgium?
Armenia, at 14.8% against 14.2% in Belgium as of 2020.
What is the difference in credit to government and state-owned enterprises to gdp between Armenia and Belgium?
0.6%, with Armenia ahead.
How many years of comparable data are there for Armenia and Belgium?
20 years are reported by both, from 2001 to 2020.
How do Armenia and Belgium rank globally for credit to government and state-owned enterprises to gdp?
Armenia ranks 74th and Belgium ranks 76th of 178 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Credit to government and state-owned enterprises to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Armenia vs Belgium: Credit to government and state-owned enterprises to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 16 September 2026, from https://financial-sector.statizoid.com/compare/credit-to-government-and-state-owned-enterprises-to-gdp-percent/armenia/belgium/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://financial-sector.statizoid.com/compare/credit-to-government-and-state-owned-enterprises-to-gdp-percent/armenia/belgium/">Armenia vs Belgium: Credit to government and state-owned enterprises to GDP</a> — Statizoid

About this data

Indicator
Credit to government and state-owned enterprises to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
178 places, 6,137 data points, 1980–2020
Last refreshed

Raw data are from the electronic version of the IMF’s International Financial Statistics. (IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF).