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Belgium Tax Revenue

Tax revenue as % of GDP  GC.TAX.TOTL.GD.ZS

Belgium's tax revenue was 21.98% in 2025, ranked 29th globally. This represents a 3.6% decrease from 2024. Data from World Bank, covering 1995–2025.

21.98% −0.82% (-3.6%)
Year 2025 Rank #29 Global Peak 27.27% (2000) Source World Bank

Belgium Tax Revenue (1995–2025)

Overview

Belgium's tax revenue stood at 21.98% in 2025, a decline of +0.82% from 2022. Based on recent trends, this figure is projected to reach 21.98% by 2025. Belgium ranked 29th globally.

Belgium's tax revenue has experienced fluctuations over the past three decades. At 21.98% of GDP in 2025, the country's tax revenue ranks 29th globally, down from its all-time peak of 27.27% in 2000. The 2020 trough of 21.86% presents a notable low point, though it is close to the levels seen in peer countries such as Morocco, where tax revenue stands at 21.96%. Lithuania, another peer country, boasts a slightly higher tax revenue of 22.29%. Since 1995, Belgium's tax revenue has exhibited a downward trend, with a slight recovery in recent years. Despite this, the country's tax revenue remains lower than its peak levels, suggesting a need for fiscal adjustments to boost revenue. A significant change in tax policies or economic growth could alter the trajectory of Belgium's tax revenue in the coming years, potentially leading to an increase in tax revenue if implemented effectively.

Data & projection

Year Tax Revenue YoY change Rank
2025* trend 21.98% - -
2025 21.98% −0.82% #29
2022 22.80% −0.43% #92
2021 23.22% +1.36% #110
2020 21.86% −0.74% #110
2019 22.60% −1.44% #111
2018 24.04% +0.50% #119
2017 23.54% +0.61% #121
2016 22.93% −1.49% #117
2015 24.42% −1.59% #129
2014 26.01% −0.07% #133
2013 26.08% +0.37% #123
2012 25.71% +0.95% #123
2011 24.75% +0.29% #118
2010 24.46% +0.77% #115
2009 23.70% −1.56% #106
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 tax revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Belgium's tax revenue?▾

Belgium's tax revenue was 21.98% in 2025. Ranked 29th globally. This represents a 3.6% decrease from the previous year.

What was the highest tax revenue in Belgium?▾

Belgium's tax revenue peaked at 27.27% in 2000.

What was the lowest tax revenue in Belgium?▾

The lowest tax revenue in Belgium was 21.86% in 2020.

How does Belgium rank in tax revenue?▾

Belgium ranks 29th globally in tax revenue as of 2025.

What is the World Bank indicator code for tax revenue?▾

The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.

What is the projected tax revenue of Belgium in 2025?▾

Belgium's tax revenue is projected to reach 21.98% by 2025 based on trend extrapolation.

What is the tax revenue of Belgium in 2025?▾

The tax revenue of Belgium in 2025 was 21.98%. This ranks 29th in the world.

Cite this page

APA
Belgium Tax Revenue. HistorySaid. Retrieved October 30, 2026, from https://historysaid.com/belgium/tax-revenue/
BibTeX
@misc{historysaid_belgium_tax-revenue, title = {Belgium Tax Revenue}, url = {https://historysaid.com/belgium/tax-revenue/}, publisher = {HistorySaid}, year = {2026} }
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