Total household liabilities as of GDP rose 18.7% to 74.0% in Belgium in 2020, according to OECD.
Historically, total household liabilities as of GDP in Belgium reached an all time high of 74.0% in 2020 and an all time low of 32.5% in 1995. When compared to Belgium's main peers, total household liabilities as of GDP in France amounted to 75.8%, 62.8% in Germany, 80.2% in Luxembourg and 115% in Netherlands in 2020.
Belgium has been ranked 16th within the group of 33 countries we follow in terms of total household liabilities as of GDP, 6 places above the position seen 10 years ago.
| Total Household Liabilities (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Austria | % | 49.9% | 48.8% | 53.3% | 48.1% | 49.5% | ||||||||||||||||
| Belgium | % | 57.3% | 56.0% | 62.9% | 58.2% | 62.4% | ... | |||||||||||||||
| Denmark | % | 118% | 113% | 122% | 109% | 110% | ||||||||||||||||
| France | % | 55.0% | 54.4% | 62.0% | 58.6% | 62.5% | ... | |||||||||||||||
| Germany | % | 52.6% | 50.9% | 56.3% | 51.2% | 53.9% | ||||||||||||||||
| Italy | % | 41.0% | 39.3% | 43.3% | 39.6% | 41.4% | ||||||||||||||||
| Luxembourg | % | 61.0% | 59.9% | 68.8% | 64.6% | 67.0% | ||||||||||||||||
| Netherlands | % | 110% | 106% | 115% | 101% | 101% | ||||||||||||||||
| Poland | % | 34.5% | 34.3% | 37.7% | 33.4% | 34.8% | ||||||||||||||||
| Spain | % | 66.7% | 61.5% | 64.9% | 57.2% | 56.9% | ||||||||||||||||
| United Kingdom | % | 84.0% | 78.5% | 90.5% | 81.5% | 87.0% |
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