Belgium Public Consumption: % of GDP
1980 - 2024 | Quarterly | % | CEIC Data
Key information about Belgium Public Consumption: % of GDP
- Belgium Public Consumption accounted for 24.4 % of its Nominal GDP in Jun 2024, compared with a share of 24.1 % in the previous quarter.
- Belgium Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1980 to Jun 2024, with an average number of 22.7 %.
- The data reached an all-time high of 25.7 % in Sep 1984 and a record low of 19.8 % in Mar 1990.
CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. The National Bank of Belgium provides Government Consumption Expenditure in EUR and Nominal GDP in EUR, based on ESA 2010. Government Consumption as % of Nominal GDP prior to Q1 1995 is based on ESA 1995.
Related information about Belgium Public Consumption: % of GDP
- In the latest reports, Belgium GDP expanded 1.3 % YoY in Mar 2023.
- Belgium Nominal GDP reached 153.8 USD bn in Mar 2023.
- Its GDP deflator (implicit price deflator) increased 5.4 % in Mar 2023.
- Belgium GDP Per Capita reached 49,392.7 USD in Dec 2022.
- Its Gross Savings Rate was measured at 23.4 % in Jun 2024.
- For Nominal GDP contributions, Investment accounted for 24.1 % in Jun 2024.
- Private Consumption accounted for 51.6 % in Jun 2024.
View Belgium's Public Consumption: % of GDP from Mar 1980 to Jun 2024 in the chart:
What was Belgium's Public Consumption: % of GDP in Jun 2024?
Belgium Public Consumption accounted for 24.4 % of its Nominal GDP in Jun 2024, compared with a share of 24.1 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 24.4 Jun 2024 | 24.1 Mar 2024 | 19.8 Mar 1990 | 25.7 Sep 1984 | % | quarterly | Mar 1980 - Jun 2024 |
Public Consumption: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 9.4 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Algeria (%) | 16.9 2023 | yearly | 1950 - 2023 |
| Argentina (%) | 14.1 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Armenia (%) | 11.3 Sep 2024 | quarterly | Dec 1994 - Sep 2024 |
| Australia (%) | 20.4 Dec 2022 | quarterly | Sep 1959 - Dec 2022 |
| Austria (%) | 21.8 Sep 2024 | quarterly | Mar 1988 - Sep 2024 |
| Azerbaijan (%) | 17.6 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Bahrain (%) | 13.6 2022 | yearly | 1975 - 2022 |
| Bangladesh (%) | 5.6 2024 | yearly | 1973 - 2024 |
| Belarus (%) | 20.6 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Belgium (%) | 24.4 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
| Bolivia (%) | 20.4 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| Bosnia and Herzegovina (%) | 17.8 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Botswana (%) | 30.5 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Brazil (%) | 17.9 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Brunei (%) | 17.6 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
| Bulgaria (%) | 20.8 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Cambodia (%) | 5.9 2022 | yearly | 1993 - 2022 |
| Canada (%) | 20.6 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
| Chile (%) | 14.9 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| China (%) | 16.5 2023 | yearly | 1952 - 2023 |
| Colombia (%) | 13.5 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Croatia (%) | 19.3 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Cyprus (%) | 17.6 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Czech Republic (%) | 22.6 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Denmark (%) | 22.2 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| Ecuador (%) | 13.7 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Egypt (%) | 7.0 Jun 2024 | quarterly | Sep 2001 - Jun 2024 |
| Estonia (%) | 19.5 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| European Union (%) | 21.4 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Finland (%) | 23.8 Dec 2022 | quarterly | Mar 1975 - Dec 2022 |
| France (%) | 24.4 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Georgia (%) | 13.0 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Germany (%) | 21.8 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Ghana (%) | 5.9 2023 | yearly | 2006 - 2023 |
| Greece (%) | 16.2 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Hong Kong SAR, China (%) | 13.7 Dec 2022 | quarterly | Mar 1973 - Dec 2022 |
| Hungary (%) | 19.9 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Iceland (%) | 25.8 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| India (%) | 10.1 Sep 2024 | quarterly | Jun 1996 - Sep 2024 |
| Indonesia (%) | 9.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Iran (%) | 16.4 Mar 2024 | quarterly | Jun 1988 - Mar 2024 |
| Ireland (%) | 10.1 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Israel (%) | 24.3 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Italy (%) | 16.5 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Ivory Coast (%) | 10.3 2023 | yearly | 1960 - 2023 |
| Japan (%) | 20.4 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Jordan (%) | 18.3 2023 | yearly | 1963 - 2023 |
| Kazakhstan (%) | 8.7 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
| Kenya (%) | 11.9 2023 | yearly | 1960 - 2023 |
| South Korea (%) | 16.6 Sep 2024 | quarterly | Mar 1960 - Sep 2024 |
| Kosovo (%) | 13.0 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Kuwait (%) | 20.7 2022 | yearly | 1962 - 2022 |
| Kyrgyzstan (%) | 17.9 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
| Laos (%) | 14.0 2016 | yearly | 2000 - 2016 |
| Latvia (%) | 21.0 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
| Lebanon (%) | 6.8 2021 | yearly | 1990 - 2021 |
| Lithuania (%) | 15.4 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Luxembourg (%) | 18.9 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Macau SAR, China (%) | 11.3 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
| North Macedonia (%) | 18.1 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Malawi (%) | 13.9 2019 | yearly | 1960 - 2019 |
| Malaysia (%) | 11.4 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Malta (%) | 16.1 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
| Mauritius (%) | 14.5 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Mexico (%) | 11.3 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Moldova (%) | 13.9 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Mongolia (%) | 20.1 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Montenegro (%) | 13.8 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| Morocco (%) | 19.1 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
| Mozambique (%) | 17.2 2023 | yearly | 1963 - 2022 |
| Nepal (%) | 6.3 2024 | yearly | 1975 - 2024 |
| Netherlands (%) | 24.3 Mar 2023 | quarterly | Mar 1977 - Mar 2023 |
| New Zealand (%) | 23.0 Jun 2024 | quarterly | Jun 1987 - Jun 2024 |
| Nigeria (%) | 4.3 2023 | yearly | 1981 - 2023 |
| Norway (%) | 23.7 Sep 2024 | quarterly | Mar 1978 - Sep 2024 |
| Oman (%) | 18.5 2023 | yearly | 1980 - 2023 |
| Pakistan (%) | 8.7 2024 | yearly | 1960 - 2024 |
| Palestinian Territory (%) | 20.9 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Panama (%) | 13.7 2021 | yearly | 1996 - 2021 |
| Paraguay (%) | 12.0 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Peru (%) | 12.9 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Philippines (%) | 13.8 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Poland (%) | 20.4 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Portugal (%) | 20.4 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Qatar (%) | 13.1 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| Romania (%) | 15.2 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Russia (%) | 17.5 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Saudi Arabia (%) | 23.7 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
| Serbia (%) | 17.3 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Singapore (%) | 10.2 2023 | yearly | 1960 - 2023 |
| Slovakia (%) | 24.6 Dec 2022 | quarterly | Mar 1990 - Dec 2022 |
| Slovenia (%) | 19.9 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| South Africa (%) | 19.3 Sep 2024 | quarterly | Mar 1960 - Sep 2024 |
| Spain (%) | 19.2 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Sri Lanka (%) | 5.9 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
| Sudan (%) | 16.2 2023 | yearly | 1960 - 2023 |
| Sweden (%) | 25.8 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
| Switzerland (%) | 11.7 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Syria (%) | 2.7 2022 | yearly | 1963 - 2022 |
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Learn more about what we doBelgium Key Series
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.896 2029 | yearly | 1980 - 2029 |
| Trade Balance (USD mn) | -40.9 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Total Exports (USD mn) | 46,040.0 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Total Exports Growth (%) | -9.4 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Aluminum: Exports (USD th) | 1,886,870.449 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 30,923,437.457 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 30,898,012.136 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 46,080.8 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Total Imports Growth (%) | -4.7 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Imports: Medicament (USD th) | 26,933,716.202 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 28,084,086.815 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 2,761.524 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
| Total Imports from USA (USD mn) | 1,932.193 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
| Total Exports to China (USD mn) | 576.089 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
| Total Imports from China (USD mn) | 1,190.684 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
| Trade Balance: National Concept (EUR mn) | -205.400 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| Exports: National Concept (EUR mn) | 28,702.700 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| Imports: National Concept (EUR mn) | 28,908.100 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| Import Value Index (2015=100) | 135.863 2021 | yearly | 1995 - 2021 |
| Export Value Index (2015=100) | 137.406 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.6 Mar 2024 | quarterly | Mar 2007 - Mar 2024 |
| Household Debt: % of GDP (%) | 58.4 Jun 2024 | quarterly | Dec 1992 - Jun 2024 |
| Non-Performing Loans (USD mn) | 2,374.021 Apr 2024 | monthly | Jan 2007 - Apr 2024 |
| Money Supply M1 (USD mn) | 263,342.301 Oct 2024 | monthly | Dec 1996 - Oct 2024 |
| Money Supply M2 (USD mn) | 714,259.003 Oct 2024 | monthly | Dec 1996 - Oct 2024 |
| M2 Growth (%) | 5.7 Oct 2024 | monthly | Dec 1997 - Oct 2024 |
| Reserve Requirement Ratio (%) | 1.0 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Foreign Exchange Reserves (USD mn) | 5,300.0 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 1.241 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 0.1 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Gold Reserves (USD mn) | 20,200.000 Oct 2024 | monthly | Dec 1956 - Oct 2024 |
| Total Deposits (USD mn) | 1,491,484.605 Oct 2024 | monthly | Dec 1996 - Oct 2024 |
| Total Deposits Growth (%) | 4.3 Oct 2024 | monthly | Dec 1997 - Oct 2024 |
| Domestic Credit (USD mn) | 835,621.7 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
| Domestic Credit Growth (%) | 0.0 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Debt Service Ratio: Households (%) | 6.500 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 18.100 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Credit to Households (USD bn) | 378.301 Dec 2023 | quarterly | Dec 1980 - Dec 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 1,219.760 Dec 2023 | quarterly | Dec 1970 - Dec 2023 |
| Household Debt (USD mn) | 365,548.5 Dec 2022 | quarterly | Dec 1992 - Dec 2022 |
| Total Loans (USD mn) | 846,478.621 Dec 2023 | quarterly | Jun 2006 - Dec 2023 |
| Total Loans Growth (%) | 1.79 Jun 2024 | quarterly | Jun 2007 - Jun 2024 |
| Private Debt: % of Nominal GDP (%) | 68.30 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Monetary Agg in Euro Area: BC: M3 excl Currency in Circulation (EUR bn) | 705.400 Oct 2024 | monthly | Dec 1996 - Oct 2024 |
| Official Reserve Assets (EUR mn) | 39,537.000 Oct 2024 | monthly | Jan 2013 - Oct 2024 |
| Official Reserve Assets: Monetary Gold (EUR mn) | 8,489.000 Feb 2019 | monthly | Jan 2013 - Feb 2019 |
| Gross International Reserves (USD bn) | 43.100 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Gross International Reserves: Gold (USD bn) | 20.200 Oct 2024 | monthly | Dec 1990 - Oct 2024 |
| Consumer Credit: Outstanding Amount (EUR mn) | 27,955.000 Jun 2023 | semiannually | Jun 1980 - Jun 2023 |
| MFIs Loans: Outstanding Amounts (OA) (EUR mn) | 947,250.000 Sep 2024 | monthly | Sep 1997 - Sep 2024 |
| Credit Institutions: Cons: Loans and Advances: excl Credit Institutions (EC) (EUR mn) | 783,617.000 Jun 2024 | quarterly | Jun 2006 - Jun 2024 |
| Non Performing Loans: Individuals: Outstanding Overdue Credits (EUR th) | 2,222,034.270 Apr 2024 | monthly | Jan 2007 - Apr 2024 |
| Mortgage Credits (EUR mn) | 3,094.000 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 2.6 Nov 2024 | monthly | Jan 1981 - Nov 2024 |
| Business Survey: sa: Trade (% Point) | -9.700 Nov 2024 | monthly | Jan 1980 - Nov 2024 |
| Business Survey: sa: Construction: Carcasses: Appraisal: Order Book (% Point) | -13.600 Nov 2024 | monthly | Jan 1980 - Nov 2024 |
| Business Survey: sa: Construction: Carcasses: Trend: Activity (% Point) | -2.200 Nov 2024 | monthly | Jan 1980 - Nov 2024 |
| Business Survey: Seasonally Adjusted (sa): Aggregate (% Point) | -11.100 Nov 2024 | monthly | Jan 1980 - Nov 2024 |
More Indicators for Belgium
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National Accounts
ESA 2010: GDP: by Expenditure: Current Price
ESA 2010: GDP: by Expenditure: Current Price: Seasonally and Working Day Adjusted
ESA 2010: GDP: by Income: Current Price: Annual
ESA 2010: GDP: by Industry: Current Price
ESA 2010: GDP by Region and per Capita
ESA 2010: GDP: Gross Value Added: by Industry and Sector: Current Price
ESA 2010: GDP: Output and Intermediate Consumption: Current Price
Funds by Sector: ESA 2010: Financial Corporations: Insurance Corporations and Pension Funds: Flow
Funds by Sector: ESA 2010: Financial Corporations: Monetary Financial Institutions: Stock
Funds by Sector: ESA 2010: Financial Corporations: Stock
Funds by Sector: ESA 2010: General Government: Flow
Funds by Sector: ESA 2010: Non Financial Corporations: Flow
Funds by Sector: ESA 2010: Stock
Funds by Sector: ESA 2010: Total Economy: Stock
Gross Domestic Product: by Expenditure: Annual
Gross Domestic Product: Deflator and Volume Index: Annual
Gross Domestic Product: Nominal
Gross Domestic Product: Real
Contribution to GDP
ESA 2010: GDP: by Expenditure: Current Price: Annual
ESA 2010: GDP: by Income: Current Price
ESA 2010: GDP: by Income: Current Price: Seasonally and Working Day Adjusted
ESA 2010: GDP: by Industry: Current Price: Seasonally and Working Day Adjusted
ESA 2010: GDP: Gross Fixed Capital Formation: Current Price
ESA 2010: GDP: Household Final Consumption Expenditure: Current Price
Funds by Sector: ESA 2010: Financial Corporations: Flow
Funds by Sector: ESA 2010: Financial Corporations: Monetary Financial Institutions: Flow
Funds by Sector: ESA 2010: Financial Corporations: Other Financial Institutions: Flow
Funds by Sector: ESA 2010: Flow
Funds by Sector: ESA 2010: Households and NPISHs: Flow
Funds by Sector: ESA 2010: Rest of World: Flow
Funds by Sector: ESA 2010: Total Economy: Flow
Gross Domestic Product: Annual Growth Rate
Gross Domestic Product: by Expenditure: Quarterly
Gross Domestic Product: Deflator and Volume Index: Quarterly
Gross Domestic Product: Purchasing Power Parity
Gross Domestic Product: Share of GDP