Liquid liabilities to GDP (%) in Belgium

Belgium: Liquid liabilities to GDP (%) was 135.4% in 2021. ▲ Rising

Latest (2021)
135.4%
Change on year
down 5.0%
World rank
17th
of 186 countries
All-time high
142.5%
in 2020
All-time low
38.3%
in 1960
Years of data
59
1960–2021

Liquid liabilities to GDP in Belgium, 1960–2021

5075100125150196019902021

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

The most recent figure for liquid liabilities to gdp in Belgium is 135.4%, measured in 2021.

That represents a change of down 5.0% on the previous year and up 21.6% over ten years.

Over the whole period, liquid liabilities to gdp in Belgium peaked at 142.5% in 2020 and was at its lowest, 38.3%, in 1960.

That places Belgium 17th out of 186 countries with data for 2021, putting it in the top 10%.

The long-run direction has been consistently rising across the 59 years of available data.

Liquid liabilities to GDP (%) in Belgium, year by year

Annual values for Liquid liabilities to GDP (%) in Belgium, 1960 to 2021.
Year % Change
1960 38.3% —
1961 39.6% +3.4%
1962 39.8% +0.3%
1963 41.1% +3.4%
1964 39.7% -3.4%
1965 40.0% +0.7%
1966 40.1% +0.2%
1967 40.7% +1.6%
1968 41.2% +1.2%
1969 46.7% +13.3%
1970 44.5% -4.7%
1971 46.1% +3.5%
1972 47.6% +3.4%
1973 47.5% -0.3%
1974 44.1% -7.1%
1975 45.9% +4.2%
1976 45.4% -1.1%
1977 45.5% +0.2%
1978 45.6% +0.1%
1979 45.4% -0.5%
1980 43.5% -4.1%
1981 44.0% +1.2%
1982 43.5% -1.1%
1983 44.4% +2.1%
1984 43.0% -3.1%
1985 42.5% -1.2%
1986 44.9% +5.6%
1987 46.9% +4.6%
1988 46.2% -1.6%
1989 46.9% +1.6%
1990 46.1% -1.8%
1991 46.2% +0.2%
1992 73.7% +59.7%
1993 78.2% +6.1%
1994 76.3% -2.5%
1995 77.2% +1.2%
1996 83.0% +7.5%
1997 84.7% +2.0%
2001 92.8% +9.6%
2002 96.0% +3.5%
2003 101.4% +5.6%
2004 106.7% +5.2%
2005 110.7% +3.7%
2006 111.5% +0.7%
2007 113.8% +2.1%
2008 113.2% -0.6%
2009 114.4% +1.0%
2010 113.8% -0.5%
2011 111.3% -2.1%
2012 115.0% +3.3%
2013 118.1% +2.7%
2014 121.4% +2.9%
2015 125.9% +3.7%
2016 123.4% -2.0%
2017 122.8% -0.5%
2018 126.5% +3.1%
2019 125.9% -0.5%
2020 142.5% +13.2%
2021 135.4% -5.0%

Belgium compared with similar countries

  • Belgium's 135.4% is above the median for high income countries, which is 96.0%, 1.4× the median. (61 countries reporting)
  • Belgium's 135.4% is above the median for Europe & Central Asia, which is 75.1%, 1.8× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Liquid liabilities to GDP (%) in Belgium changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1992 +59.7% 46.2% 73.7%

Averages by decade

DecadeAverage LowestHighest Years
1960s 40.7% 38.3% 46.7% 10
1970s 45.8% 44.1% 47.6% 10
1980s 44.6% 42.5% 46.9% 10
1990s 70.7% 46.1% 84.7% 8
2000s 106.7% 92.8% 114.4% 9
2010s 120.4% 111.3% 126.5% 10
2020s 139.0% 135.4% 142.5% 2

Countries ranked near Belgium

  1. 14 Vietnam 147.6% compare
  2. 15 Cambodia 143.8% compare
  3. 16 Spain 137.2% compare
  4. 18 Australia 133.5% compare
  5. 19 Malaysia 133.3% compare
  6. 20 Portugal 133.0% compare

See the full ranking of 186 places →

More financial sector data for Belgium

All data for Belgium →

Frequently asked questions

What is liquid liabilities to gdp in Belgium?
Liquid liabilities to gdp in Belgium was 135.4% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest liquid liabilities to gdp recorded in Belgium?
The highest recorded value was 142.5% in 2020.
What is the lowest liquid liabilities to gdp recorded in Belgium?
The lowest recorded value was 38.3% in 1960.
How does Belgium rank for liquid liabilities to gdp?
Belgium ranks 17th out of 186 countries with data for 2021.
Is liquid liabilities to gdp rising or falling in Belgium?
Over the last ten years it is up 21.6%. The long-run trend across the full record is rising.
Where does this Belgium data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Liquid liabilities to GDP (%). Statizoid updates them automatically from the source API.

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Liquid liabilities to GDP in Belgium. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 09 November 2026, from https://financial-sector.statizoid.com/stat/liquid-liabilities-to-gdp-percent/belgium/

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About this data

Indicator
Liquid liabilities to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,545 data points, 1960–2021
Last refreshed

Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.