Net domestic credit (current LCU) in Belgium
Belgium: Net domestic credit (current LCU) was 762.57 billion current LCU in 2024. ▲ Rising
Net domestic credit in Belgium, 2001–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, net domestic credit in Belgium stood at 762.57 billion current LCU. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 1.2% on the previous year and up 23.3% over ten years.
Over the whole period, net domestic credit in Belgium peaked at 762.57 billion current LCU in 2024 and was at its lowest, 297.59 billion current LCU, in 2004.
That places Belgium 96th out of 187 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Net domestic credit (current LCU) in Belgium, year by year
| Year | current LCU | Change |
|---|---|---|
| 2001 | 308.63 billion current LCU | — |
| 2002 | 300.84 billion current LCU | -2.5% |
| 2003 | 298.05 billion current LCU | -0.9% |
| 2004 | 297.59 billion current LCU | -0.2% |
| 2005 | 313.83 billion current LCU | +5.5% |
| 2006 | 346.26 billion current LCU | +10.3% |
| 2007 | 375.00 billion current LCU | +8.3% |
| 2008 | 391.60 billion current LCU | +4.4% |
| 2009 | 404.77 billion current LCU | +3.4% |
| 2010 | 415.04 billion current LCU | +2.5% |
| 2011 | 432.18 billion current LCU | +4.1% |
| 2012 | 438.78 billion current LCU | +1.5% |
| 2013 | 439.67 billion current LCU | +0.2% |
| 2014 | 618.29 billion current LCU | +40.6% |
| 2015 | 607.36 billion current LCU | -1.8% |
| 2016 | 649.61 billion current LCU | +7.0% |
| 2017 | 593.09 billion current LCU | -8.7% |
| 2018 | 616.33 billion current LCU | +3.9% |
| 2019 | 640.60 billion current LCU | +3.9% |
| 2020 | 668.73 billion current LCU | +4.4% |
| 2021 | 702.29 billion current LCU | +5.0% |
| 2022 | 752.74 billion current LCU | +7.2% |
| 2023 | 753.74 billion current LCU | +0.1% |
| 2024 | 762.57 billion current LCU | +1.2% |
Belgium compared with similar countries
- Belgium's 762.57 billion current LCU is above the median for high income countries, which is 701.01 billion current LCU, 1.1× the median. (61 countries reporting)
- Belgium's 762.57 billion current LCU is above the median for Europe & Central Asia, which is 629.86 billion current LCU, 1.2× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU) 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.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +40.6% | 439.67 billion current LCU | 618.29 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 337.40 billion current LCU | 297.59 billion current LCU | 404.77 billion current LCU | 9 |
| 2010s | 545.10 billion current LCU | 415.04 billion current LCU | 649.61 billion current LCU | 10 |
| 2020s | 728.02 billion current LCU | 668.73 billion current LCU | 762.57 billion current LCU | 5 |
Countries ranked near Belgium
- 93 Mauritius 1.08 trillion current LCU compare
- 94 Saudi Arabia 1.00 trillion current LCU compare
- 95 Honduras 825.82 billion current LCU compare
- 97 Singapore 701.01 billion current LCU compare
- 98 North Macedonia 655.53 billion current LCU compare
- 99 New Zealand 640.25 billion current LCU compare
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 net domestic credit in Belgium?
- Net domestic credit in Belgium was 762.57 billion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Belgium?
- The highest recorded value was 762.57 billion current LCU in 2024.
- What is the lowest net domestic credit recorded in Belgium?
- The lowest recorded value was 297.59 billion current LCU in 2004.
- How does Belgium rank for net domestic credit?
- Belgium ranks 96th out of 187 countries with data for 2024.
- Is net domestic credit rising or falling in Belgium?
- Over the last ten years it is up 23.3%. 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 Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.