Harmonized Euro area rates: Loans, Over 5 years New Business, House in Belgium
Belgium: Harmonized Euro area rates: Loans, Over 5 years New Business, House was 2.17 in 2024. ▼ Falling
Harmonized Euro area rates: Loans, Over 5 years New Business, House in Belgium, 2003–2024
Source: International Monetary Fund.
Analysis
In 2024, harmonized euro area rates: loans, over 5 years new business, house in Belgium stood at 2.17.
That represents a change of up 11.6% on the previous year and down 37.8% over ten years.
Over the whole period, harmonized euro area rates: loans, over 5 years new business, house in Belgium peaked at 5.54 in 2003 and was at its lowest, 1.74, in 2022.
That places Belgium 20th out of 23 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Harmonized Euro area rates: Loans, Over 5 years New Business, House in Belgium, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 5.54 | — |
| 2004 | 5.19 | -6.2% |
| 2005 | 4.67 | -10.1% |
| 2006 | 4.4 | -5.8% |
| 2007 | 4.53 | +2.8% |
| 2008 | 4.63 | +2.2% |
| 2009 | 4.47 | -3.4% |
| 2010 | 4.08 | -8.6% |
| 2011 | 4.03 | -1.4% |
| 2012 | 3.94 | -2.3% |
| 2013 | 3.66 | -7.0% |
| 2014 | 3.48 | -4.8% |
| 2015 | 2.99 | -14.2% |
| 2016 | 2.61 | -12.8% |
| 2017 | 2.32 | -11.0% |
| 2018 | 2.2 | -5.1% |
| 2019 | 2.07 | -5.9% |
| 2020 | 1.94 | -6.4% |
| 2021 | 1.79 | -7.5% |
| 2022 | 1.74 | -2.7% |
| 2023 | 1.94 | +11.5% |
| 2024 | 2.17 | +11.6% |
Belgium compared with similar countries
- Belgium's 2.17 is below the median for Europe & Central Asia, which is 3.31, 66% of the median. (22 countries reporting)
- Belgium's 2.17 is below the median for high income countries, which is 3.22, 67% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.77 | 4.4 | 5.54 | 7 |
| 2010s | 3.14 | 2.07 | 4.08 | 10 |
| 2020s | 1.92 | 1.74 | 2.17 | 5 |
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 harmonized euro area rates: loans, over 5 years new business, house in Belgium?
- Harmonized euro area rates: loans, over 5 years new business, house in Belgium was 2.17 in 2024, according to International Monetary Fund.
- What is the highest harmonized euro area rates: loans, over 5 years new business, house recorded in Belgium?
- The highest recorded value was 5.54 in 2003.
- What is the lowest harmonized euro area rates: loans, over 5 years new business, house recorded in Belgium?
- The lowest recorded value was 1.74 in 2022.
- How does Belgium rank for harmonized euro area rates: loans, over 5 years new business, house?
- Belgium ranks 20th out of 23 countries with data for 2024.
- Is harmonized euro area rates: loans, over 5 years new business, house rising or falling in Belgium?
- Over the last ten years it is down 37.8%. The long-run trend across the full record is falling.
- Where does this Belgium data come from?
- The figures come from International Monetary Fund, published as part of Harmonized Euro area rates: Loans, Over 5 years New Business, House purchase, Households, Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.