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Belgium Gross Savings

Gross savings as % of GDP  NY.GNS.ICTR.ZS

Belgium's gross savings was 22.87% in 2025, ranked 77th globally. This represents a 5.2% decrease from 2024. Data from World Bank, covering 1980–2025.

22.87% −1.25% (-5.2%)
Year 2025 Rank #77 Global Peak 28.88% (1999) Source World Bank

Belgium Gross Savings (1980–2025)

Overview

Belgium's gross savings stood at 22.87% in 2025, a decline of +1.25% from 2024. The IMF projects 22.87% by 2025. Belgium ranked 77th globally.

Belgium's gross savings have exhibited a moderate trajectory, oscillating between peaks and troughs over the past 46 years. The country's savings rate reached an all-time high of 28.88 in 1999, a phenomenon that may be attributed to the economic prosperity of the late 1990s. Conversely, the savings rate hit a low of 16.30 in 1983, likely influenced by the economic downturn of the early 1980s. As of 2025, Belgium's gross savings stand at 22.87, ranking 77 globally. This value is closely matched by peer countries such as São Tomé and Principe and Finland. The relatively stable savings rate observed in Belgium is a testament to the country's economic resilience, albeit at a lower level than its peak. A sustained economic growth or a significant increase in investment rates would be required to propel Belgium's gross savings back towards its historical peak, potentially altering its trajectory in the years to come.

Data & projection

Year Gross Savings YoY change Rank
2030* IMF 23.51% - -
2029* IMF 23.37% - -
2028* IMF 23.22% - -
2027* IMF 22.90% - -
2026* IMF 22.78% - -
2025* IMF 22.87% - -
2025 22.87% −1.25% #77
2024 24.12% −0.56% #74
2023 25.38% −0.23% #69
2022 25.25% −1.03% #73
2021 26.31% +1.35% #71
2020 24.99% +0.19% #64
2019 24.80% +0.17% #74
2018 23.78% −1.25% #81
2017 23.95% −0.79% #79
2016 23.66% −1.05% #74
2015 23.96% −0.07% #75
2014 24.04% +0.38% #76
2013 23.81% +0.30% #75
2012 24.22% +1.67% #68
2011 23.36% −0.66% #71
Show all years (1980-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +25.8% GDP growth 6.3% C/A balance 1.9%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Belgium matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →

Frequently Asked Questions

What is Belgium's gross savings?▾

Belgium's gross savings was 22.87% in 2025. Ranked 77th globally. This represents a 5.2% decrease from the previous year.

What was the highest gross savings in Belgium?▾

Belgium's gross savings peaked at 28.88% in 1999.

What was the lowest gross savings in Belgium?▾

The lowest gross savings in Belgium was 16.31% in 1983.

How does Belgium rank in gross savings?▾

Belgium ranks 77th globally in gross savings as of 2025.

What is the World Bank indicator code for gross savings?▾

The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.

What is the projected gross savings of Belgium in 2025?▾

Belgium's gross savings is projected to reach 22.87% by 2025 based on IMF projection.

What is the gross savings of Belgium in 2025?▾

The gross savings of Belgium in 2025 was 22.87%. This ranks 77th in the world.

Cite this page

APA
Belgium Gross Savings. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/belgium/gross-savings/
BibTeX
@misc{historysaid_belgium_gross-savings, title = {Belgium Gross Savings}, url = {https://historysaid.com/belgium/gross-savings/}, publisher = {HistorySaid}, year = {2026} }
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