Domestic credit to private sector in Belgium

Belgium: Domestic credit to private sector was 75.8% in 2020. ▲ Rising

Latest (2020)
75.8%
Change on year
up 8.5%
World rank
50th
of 187 countries
All-time high
75.8%
in 2020
All-time low
54.7%
in 2012
Years of data
20
2001–2020

Domestic credit to private sector in Belgium, 2001–2020

0204060802001201020202001: 66.3 % of GDP2002: 64.1 % of GDP2003: 62.5 % of GDP2004: 61.8 % of GDP2005: 63.6 % of GDP2006: 65.8 % of GDP2007: 68.4 % of GDP2008: 62.8 % of GDP2009: 58.7 % of GDP2010: 56.8 % of GDP2011: 55.4 % of GDP2012: 54.7 % of GDP2013: 56.4 % of GDP2014: 57.9 % of GDP2015: 60.6 % of GDP2016: 63.4 % of GDP2017: 65.1 % of GDP2018: 68.1 % of GDP2019: 69.9 % of GDP2020: 75.8 % of GDP

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

Annual values for Domestic credit to private sector (% of GDP) in Belgium, 2001 to 2020.
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

DecadeAverage LowestHighest 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

  1. 47 Aruba 81.3% compare
  2. 48 Georgia 79.9% compare
  3. 49 Barbados 78.3% compare
  4. 51 Türkiye 75.2% compare
  5. 52 Bahrain 73.9% compare
  6. 53 Cape Verde 73.2% compare

See the full ranking of 187 places →

More financial sector data for Belgium

All data for Belgium →

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.

Download this data

CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Domestic credit to private sector in Belgium. Statizoid, drawing on World Development Indicators (WDI), World Bank. Retrieved 13 September 2026, from https://financial-sector.statizoid.com/stat/domestic-credit-to-private-sector-percent-of-gdp-2/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/stat/domestic-credit-to-private-sector-percent-of-gdp-2/belgium/">Domestic credit to private sector in Belgium</a> — Statizoid

About this data

Indicator
Domestic credit to private sector (% of GDP)
Unit
% of GDP
Source
World Development Indicators (WDI), World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 6,721 data points, 1960–2020
Last refreshed

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.