Secondary income balance (credit less debit), Net (credits less) in Belgium
Belgium: Secondary income balance (credit less debit), Net (credits less) was -10.91 billion in 2024. ▼ Falling
Secondary income balance (credit less debit), Net (credits less) in Belgium, 2005–2024
Source: International Monetary Fund.
Analysis
Belgium recorded -10.91 billion for secondary income balance (credit less debit), net (credits less) in 2024. That is the lowest value across all 20 years on record.
That represents a change of down 22.8% on the previous year and down 38.1% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Belgium peaked at -4.88 billion in 2010 and was at its lowest, -10.91 billion, in 2024.
That places Belgium 186th out of 197 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Secondary income balance (credit less debit), Net (credits less) in Belgium, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -6.36 billion | — |
| 2006 | -6.55 billion | +2.8% |
| 2007 | -6.36 billion | -2.9% |
| 2008 | -8.35 billion | +31.4% |
| 2009 | -6.24 billion | -25.2% |
| 2010 | -4.88 billion | -21.9% |
| 2011 | -5.59 billion | +14.6% |
| 2012 | -6.66 billion | +19.2% |
| 2013 | -7.59 billion | +14.1% |
| 2014 | -7.90 billion | +4.1% |
| 2015 | -6.72 billion | -15.0% |
| 2016 | -7.56 billion | +12.6% |
| 2017 | -6.32 billion | -16.4% |
| 2018 | -7.97 billion | +26.1% |
| 2019 | -6.37 billion | -20.1% |
| 2020 | -7.51 billion | +18.0% |
| 2021 | -7.77 billion | +3.5% |
| 2022 | -6.22 billion | -20.0% |
| 2023 | -8.88 billion | +42.8% |
| 2024 | -10.91 billion | +22.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -6.77 billion | -8.35 billion | -6.24 billion | 5 |
| 2010s | -6.76 billion | -7.97 billion | -4.88 billion | 10 |
| 2020s | -8.26 billion | -10.91 billion | -6.22 billion | 5 |
Countries ranked near Belgium
More financial sector data for Belgium
- Net domestic credit (current LCU), per capita 64,305 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1.14 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 1.17 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 255.88 million SDR (2025)
- Gold reserves at market value 23.32 billion SDR (2025)
- Reserves excluding gold, foreign exchange 4.74 billion SDR (2025)
- Reserves excluding gold 17.86 billion SDR (2025)
- Total reserves (gold at market value) 41.18 billion SDR (2025)
- Total reserves (gold at national valuation) 40.88 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 3,423 SDR per person (2025)
Frequently asked questions
- What is secondary income balance (credit less debit), net (credits less) in Belgium?
- Secondary income balance (credit less debit), net (credits less) in Belgium was -10.91 billion in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Belgium?
- The highest recorded value was -4.88 billion in 2010.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Belgium?
- The lowest recorded value was -10.91 billion in 2024.
- How does Belgium rank for secondary income balance (credit less debit), net (credits less)?
- Belgium ranks 186th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Belgium?
- Over the last ten years it is down 38.1%. 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 Secondary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.