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Belgium Interest Payments to Revenue

Interest payments as % of revenue  GC.XPN.INTP.RV.ZS

Belgium's interest payments to revenue was 2.38% in 2025, ranked 79th globally. This represents a 28.1% decrease from 2024. Data from World Bank, covering 1995–2025.

2.38% −0.93pp (-28.1%)
Year 2025 Rank #79 Global Peak 19.68% (1995) Source World Bank

Belgium Interest Payments to Revenue (1995–2025)

Overview

Belgium's interest payments to revenue stood at 2.38% in 2025, a decline of +0.93pp from 2022. Based on recent trends, this figure is projected to reach 2.38% by 2025. Belgium ranked 79th globally.

Belgium’s interest payments as a share of revenue have fallen dramatically over the 29‑year span covered by the World Bank data, dropping from an all‑time peak of 19.68 % in 1995 to a trough of 2.38 % in 2025, the lowest level recorded for the country and placing it at rank 79 globally. This decline reflects a sustained reduction in debt‑service costs relative to fiscal capacity, aided by lower borrowing rates and a gradual improvement in the debt‑to‑GDP ratio. In 2025 Belgium’s ratio of 2.38 % is virtually identical to Mongolia’s 2.38 % and only marginally above the European Union average of 2.36 %, while remaining below peers such as Australia (2.63 %). The convergence with other low‑debt economies suggests that Belgium’s fiscal position has become more resilient, but any resurgence in interest rates or a sharp rise in borrowing could reverse the downward trajectory, prompting a modest uptick in the ratio in the coming years.

Data & projection

Year Interest Payments to Revenue YoY change Rank
2025* trend 2.38% - -
2025 2.38% −0.93pp #79
2022 3.31% −0.49pp #43
2021 3.80% −0.78pp #48
2020 4.58% −0.01pp #57
2019 4.58% −0.16pp #60
2018 4.74% −0.64pp #58
2017 5.39% −0.87pp #67
2016 6.26% −0.18pp #71
2015 6.44% −0.39pp #80
2014 6.83% −0.13pp #80
2013 6.95% −0.57pp #77
2012 7.52% −0.18pp #84
2011 7.70% −0.15pp #82
2010 7.85% −0.68pp #80
2009 8.53% −0.14pp #83
Show all years (1995-2025)
* Linear trend extrapolation

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 interest payments to revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Belgium's interest payments to revenue?▾

Belgium's interest payments to revenue was 2.38% in 2025. Ranked 79th globally. This represents a 28.1% decrease from the previous year.

What was the highest interest payments to revenue in Belgium?▾

Belgium's interest payments to revenue peaked at 19.68% in 1995.

What was the lowest interest payments to revenue in Belgium?▾

The lowest interest payments to revenue in Belgium was 2.38% in 2025.

How does Belgium rank in interest payments to revenue?▾

Belgium ranks 79th globally in interest payments to revenue as of 2025.

What is the World Bank indicator code for interest payments to revenue?▾

The World Bank indicator code is GC.XPN.INTP.RV.ZS. Data sourced from World Bank.

What is the projected interest payments to revenue of Belgium in 2025?▾

Belgium's interest payments to revenue is projected to reach 2.38% by 2025 based on trend extrapolation.

What is the interest payments to revenue of Belgium in 2025?▾

The interest payments to revenue of Belgium in 2025 was 2.38%. This ranks 79th in the world.

Cite this page

APA
Belgium Interest Payments to Revenue. HistorySaid. Retrieved October 19, 2026, from https://historysaid.com/belgium/interest-to-revenue/
BibTeX
@misc{historysaid_belgium_interest-to-revenue, title = {Belgium Interest Payments to Revenue}, url = {https://historysaid.com/belgium/interest-to-revenue/}, publisher = {HistorySaid}, year = {2026} }
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