Belgium Tax Revenue to GDP

23.0% +0.48 pt

Dec 2024 · Annual

Belgium's tax revenue as a share of GDP rose to 22.96% in 2024 from 22.48% in 2023. The figure remains below the all-time high of 27.27% recorded in 2000 and above the series low of 21.70% in 2020. Data are available from 1995.

Belgium Tax Revenue to GDP, 1995–2024
ActualPreviousHighestLowestDatesFrequency
23.0%22.5%27.3%Dec 200021.7%Dec 20201995 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Government Budget-5.3%-4.4%0.2%-16.0%Dec 2025Annual
Government Debt to GDP106.3%103.9%138.9%76.8%Dec 2025Annual

About this series

Tax Revenue to GDP in Belgium averaged 24.8% from 1995 until 2024, reaching an all-time high of 27.3% in Dec 2000 and a record low of 21.7% in Dec 2020. The series is reported yearly with history from 1995.

Tax revenue as a percentage of GDP measures the total tax revenues collected by the government relative to the size of the economy. The indicator is reported annually for Belgium, expressed as a percentage of GDP. The series spans from 1995 to 2024.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

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