Makrognosis

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

QuarterlySeasonally adjustedCode BE.GOVBAL.Q.SA

Latest−8,732.3 € millionQ2 2026
Previous−8,258.8 € millionQ1 2026
Year ago−7,798.3 € millionQ2 2025

Belgium General government net lending (+) / net borrowing (-), quarterly (seasonally & calendar adjusted, EUR mn) was −8,732.3 € million in Q2 2026, down 473.5 from Q1 2026 and down 934.0 from a year earlier.

Over the past ten years it has ranged from −13,906 € million (Q2 2020) to −496.6 € million (Q4 2017), averaging −5,281.9 € million.

Belgium General government net lending (+) / net borrowing (-), quarterly (seasonally & calendar adjusted, EUR mn) (€ million), Q1 2001 – Q2 2026−15k−10k−5,000020052010201520202025Robomacro
Belgium General government net lending (+) / net borrowing (-), quarterly (seasonally & calendar adjusted, EUR mn) (€ million), 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

PeriodValue
Q2 2026−8,732.3 € million
Q1 2026−8,258.8 € million
Q4 2025−8,869.4 € million
Q3 2025−8,923.4 € million
Q2 2025−7,798.3 € million
Q1 2025−7,832.1 € million
Q4 2024−8,041.1 € million
Q3 2024−6,776.7 € million
Q2 2024−6,912.7 € million
Q1 2024−5,511.7 € million
Q4 2023−6,525.5 € million
Q3 2023−5,237.3 € million
Q2 2023−5,559.5 € million
Q1 2023−7,498.4 € million
Q4 2022−5,060.6 € million
Q3 2022−6,569.1 € million
Q2 2022−5,650.9 € million
Q1 2022−2,608.4 € million
Q4 2021−4,386.8 € million
Q3 2021−8,308.9 € million
Q2 2021−7,188.0 € million
Q1 2021−7,452.8 € million
Q4 2020−10,601 € million
Q3 2020−8,678.0 € million

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

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

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

About this series

Latest observationQ2 2026
First observationQ1 2001
Observations102
FrequencyQuarterly
Units€ million
AdjustmentSeasonally adjusted
10-year high−496.6 € million (Q4 2017)
10-year low−13,906 € million (Q2 2020)
10-year average−5,281.9 € million
Source agencyEurostat (Statistical Office of the European Union)
Makrognosis codeBE.GOVBAL.Q.SA

More Belgium GOVBAL series

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

Other Belgium indicators

Belgium GDP (Gross Domestic Product)Belgium Gross domestic product, Current prices, million EURBelgium Inflation Rate (CPI)Belgium Core Inflation RateBelgium Unemployment RateBelgium 10-Year Government Bond YieldBelgium Credit Rating & Sovereign Risk ScoreBelgium Industrial ProductionBelgium Retail SalesBelgium Producer Price Inflation (PPI)Belgium Current account balance (BPM6, vs rest of world), not seasonally adjustedBelgium Current account balance, % of GDPBelgium Trade Balance: Goods & ServicesBelgium Exports of goods and services, Current prices, million EURBelgium Exports of goods and services, chain-linked volumeBelgium Exports of goods, total trade (World), seasonally adjusted

FAQ

What is the current general government net lending (+) / net borrowing (-), quarterly (seasonally & calendar adjusted, EUR mn) in Belgium?
The latest reading is −8,732.3 € million 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.

Last updated 2026-10-27. Source: Eurostat (Statistical Office of the European Union). Original title: “Belgium — General government net lending (+) / net borrowing (-), quarterly (seasonally & calendar adjusted, EUR mn)”.