Where does this data come from?

It is collected directly from Eurostat (Statistical Office of the European Union) and is available through the Makrognosis API under the code BE.GOVBAL.Q.SA.MEASURE-PCTGDP.

Belgium General government fiscal balance, % of GDP, quarterly (seasonally & calendar adjusted)

Name: Belgium General government fiscal balance, % of GDP, quarterly (seasonally & calendar adjusted)
Creator: Eurostat (Statistical Office of the European Union)

QuarterlySeasonally adjustedCode BE.GOVBAL.Q.SA.MEASURE-PCTGDP

Latest−5.3%Q2 2026

Previous−5.0%Q1 2026

Year ago−4.9%Q2 2025

Belgium General government fiscal balance, % of GDP, quarterly (seasonally & calendar adjusted) was −5.3% in Q2 2026, down 0.3 percentage points from Q1 2026 and down 0.4 percentage points from a year earlier.

Over the past ten years it has ranged from −13.1% (Q2 2020) to −0.4% (Q4 2017), averaging −3.9%.

Belgium General government fiscal balance, % of GDP, quarterly (seasonally & calendar adjusted) (% of GDP), Q1 2001 – Q2 2026. Source: Eurostat (Statistical Office of the European Union).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

Period	Value
Q2 2026	−5.3%
Q1 2026	−5.0%
Q4 2025	−5.5%
Q3 2025	−5.5%
Q2 2025	−4.9%
Q1 2025	−5.0%
Q4 2024	−5.1%
Q3 2024	−4.3%
Q2 2024	−4.5%
Q1 2024	−3.6%
Q4 2023	−4.3%
Q3 2023	−3.5%
Q2 2023	−3.7%
Q1 2023	−5.0%
Q4 2022	−3.5%
Q3 2022	−4.6%
Q2 2022	−4.1%
Q1 2022	−1.9%
Q4 2021	−3.3%
Q3 2021	−6.5%
Q2 2021	−5.8%
Q1 2021	−6.1%
Q4 2020	−8.9%
Q3 2020	−7.3%

Last 24 observations. The full history (102 observations) is available through the API.

Get Belgium General government fiscal balance, % of GDP, quarterly (seasonally & calendar adjusted) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/BE.GOVBAL.Q.SA.MEASURE-PCTGDP"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/BE.GOVBAL.Q.SA.MEASURE-PCTGDP",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]

Get a free API key → · API docs

About this series

Latest observation	Q2 2026
First observation	Q1 2001
Observations	102
Frequency	Quarterly
Units	% of GDP
Adjustment	Seasonally adjusted
10-year high	−0.4% (Q4 2017)
10-year low	−13.1% (Q2 2020)
10-year average	−3.9%
Source agency	Eurostat (Statistical Office of the European Union)
Makrognosis code	BE.GOVBAL.Q.SA.MEASURE-PCTGDP

More Belgium GOVBAL series

Belgium General government net lending (+) / net borrowing (-), quarterly (seasonally & calendar adjusted, EUR mn)

Other Belgium indicators

Belgium GDP (Gross Domestic Product)Belgium Gross domestic product, Current prices, million EUR Belgium Inflation Rate (CPI)Belgium Core Inflation Rate Belgium Unemployment Rate Belgium 10-Year Government Bond Yield Belgium Credit Rating & Sovereign Risk Score Belgium Industrial Production Belgium Retail Sales Belgium Producer Price Inflation (PPI)Belgium Current account balance (BPM6, vs rest of world), not seasonally adjusted Belgium Current account balance, % of GDP Belgium Trade Balance: Goods & Services Belgium Exports of goods and services, Current prices, million EUR Belgium Exports of goods and services, chain-linked volume Belgium Exports of goods, total trade (World), seasonally adjusted

FAQ

What is the current general government fiscal balance, % of GDP, quarterly (seasonally & calendar adjusted) in Belgium?: The latest reading is −5.3% for Q2 2026, published by Eurostat (Statistical Office of the European Union).
Where does this data come from?: It is collected directly from Eurostat (Statistical Office of the European Union) and is available through the Makrognosis API under the code BE.GOVBAL.Q.SA.MEASURE-PCTGDP.

Last updated 2026-10-27. Source: Eurostat (Statistical Office of the European Union). Original title: “Belgium — General government fiscal balance, % of GDP, quarterly (seasonally & calendar adjusted)”.