Domestic credit to private sector in Belgium
Belgium: Domestic credit to private sector was 75.8% in 2020. ▲ Rising
Domestic credit to private sector in Belgium, 2001–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
Belgium recorded 75.8% for domestic credit to private sector in 2020. That is the highest value across all 20 years on record.
That represents a change of up 8.5% on the previous year and up 33.4% over ten years.
Over the whole period, domestic credit to private sector in Belgium peaked at 75.8% in 2020 and was at its lowest, 54.7%, in 2012.
That places Belgium 50th out of 187 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Domestic credit to private sector in Belgium, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2001 | 66.3% | — |
| 2002 | 64.1% | -3.3% |
| 2003 | 62.5% | -2.5% |
| 2004 | 61.8% | -1.1% |
| 2005 | 63.6% | +2.8% |
| 2006 | 65.8% | +3.5% |
| 2007 | 68.4% | +4.0% |
| 2008 | 62.8% | -8.3% |
| 2009 | 58.7% | -6.5% |
| 2010 | 56.8% | -3.2% |
| 2011 | 55.4% | -2.4% |
| 2012 | 54.7% | -1.2% |
| 2013 | 56.4% | +3.0% |
| 2014 | 57.9% | +2.6% |
| 2015 | 60.6% | +4.7% |
| 2016 | 63.4% | +4.5% |
| 2017 | 65.1% | +2.7% |
| 2018 | 68.1% | +4.6% |
| 2019 | 69.9% | +2.6% |
| 2020 | 75.8% | +8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 63.8% | 58.7% | 68.4% | 9 |
| 2010s | 60.8% | 54.7% | 69.9% | 10 |
| 2020s | 75.8% | 75.8% | 75.8% | 1 |
Countries ranked near Belgium
More financial sector data for Belgium
- Reserve position in the IMF, US dollar, annual growth rate 13.78 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0032 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 193.33 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 8.35 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 141.16 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.78 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0032 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 193.33 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 8.35 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in Belgium?
- Domestic credit to private sector in Belgium was 75.8% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Belgium?
- The highest recorded value was 75.8% in 2020.
- What is the lowest domestic credit to private sector recorded in Belgium?
- The lowest recorded value was 54.7% in 2012.
- How does Belgium rank for domestic credit to private sector?
- Belgium ranks 50th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Belgium?
- Over the last ten years it is up 33.4%. The long-run trend across the full record is rising.
- Where does this Belgium data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.