Bank liquid assets as a share of short-term liabilities rose 14.9% yoy to 26.8% in Belgium in 1Q2024, according to the National Central Bank. This is 4.10% less than in the previous quarter.
Historically, bank liquid assets as a share of short-term liabilities in Belgium reached an all time high of 86.2% in 4Q2008 and an all time low of 22.4% in 3Q2019. When compared to Belgium's main peers, bank liquid assets as a share of short-term liabilities in France amounted to 23.8%, 34.2% in Germany, 35.7% in Luxembourg and 29.5% in Netherlands in 1Q2024.
Belgium has been ranked 71st within the group of 84 countries we follow in terms of bank liquid assets as a share of short-term liabilities, 34 places below the position seen 10 years ago.
Bank Liquid Assets (As % of Short-Term Liabilities) | Unit | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 |
Austria | % | 70.1% | 73.1% | 74.1% | 73.2% | 71.0% | ||||||||||||||||
Belgium | % | 22.9% | 23.3% | 28.3% | 28.0% | 27.9% | ... | |||||||||||||||
Denmark | % | 52.0% | 52.8% | 52.0% | 54.4% | 57.3% | ||||||||||||||||
France | % | 23.8% | 23.0% | 22.4% | 23.2% | 24.3% | ... | |||||||||||||||
Germany | % | ... | ... | ... | ... | ... | ... | ... | 33.7% | 33.9% | 33.8% | 33.4% | 35.7% | |||||||||
Italy | % | ... | ... | ... | ... | ... | ... | ... | 86.7% | ... | 94.9% | ... | 108% | ... | ... | |||||||
Luxembourg | % | 37.1% | 37.5% | 36.0% | 35.8% | 35.9% | ||||||||||||||||
Netherlands | % | 28.8% | 32.1% | 31.0% | 31.6% | 28.0% | ||||||||||||||||
Poland | % | 38.0% | 38.0% | 39.7% | 44.2% | 45.5% | ... | |||||||||||||||
Spain | % | 25.3% | 24.6% | 24.6% | 25.0% | 26.1% | ||||||||||||||||
United Kingdom | % | 35.4% | 43.9% | 40.9% | ... | ... | ... | ... |