Monetary Sector credit to private sector (% GDP) in Belgium
Belgium: Monetary Sector credit to private sector (% GDP) was 68.1% in 2024. ▲ Rising
Monetary Sector credit to private sector in Belgium, 2001–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
Belgium recorded 68.1% for monetary sector credit to private sector in 2024.
Compared with earlier readings it is down 1.7% on the previous year and up 18.3% over ten years.
Over the whole period, monetary sector credit to private sector in Belgium peaked at 76.1% in 2020 and was at its lowest, 54.5%, in 2012.
That places Belgium 42nd out of 187 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Monetary Sector credit to private sector (% GDP) in Belgium, year by year
| Year | % 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 | 58.5% | -6.8% |
| 2010 | 56.8% | -2.9% |
| 2011 | 55.0% | -3.1% |
| 2012 | 54.5% | -1.0% |
| 2013 | 56.2% | +3.1% |
| 2014 | 57.6% | +2.6% |
| 2015 | 60.8% | +5.5% |
| 2016 | 63.6% | +4.6% |
| 2017 | 65.3% | +2.7% |
| 2018 | 68.2% | +4.3% |
| 2019 | 69.4% | +1.7% |
| 2020 | 76.1% | +9.8% |
| 2021 | 74.8% | -1.8% |
| 2022 | 72.6% | -2.9% |
| 2023 | 69.3% | -4.4% |
| 2024 | 68.1% | -1.7% |
Belgium compared with similar countries
- Belgium's 68.1% is above the median for high income countries, which is 63.2%, 1.1× the median. (61 countries reporting)
- Belgium's 68.1% is above the median for Europe & Central Asia, which is 51.0%, 1.3× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 63.8% | 58.5% | 68.4% | 9 |
| 2010s | 60.7% | 54.5% | 69.4% | 10 |
| 2020s | 72.2% | 68.1% | 76.1% | 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 monetary sector credit to private sector in Belgium?
- Monetary sector credit to private sector in Belgium was 68.1% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Belgium?
- The highest recorded value was 76.1% in 2020.
- What is the lowest monetary sector credit to private sector recorded in Belgium?
- The lowest recorded value was 54.5% in 2012.
- How does Belgium rank for monetary sector credit to private sector?
- Belgium ranks 42nd out of 187 countries with data for 2024.
- Is monetary sector credit to private sector rising or falling in Belgium?
- Over the last ten years it is up 18.3%. The long-run trend across the full record is rising.
- Where does this Belgium data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.
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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. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.