Private Credit-to-GDP Gap (Quarterly): Belgium

The latest reading SOTW holds for Belgium is -30.28 percentage points of GDP for 2026-Q1, from Bank for International Settlements.

Reviewed series · Credit & Debt · Quarterly · percentage points of GDP · BIS.CREDIT.GAP.Q · BEL

Published private credit-to-GDP ratio minus its one-sided Hodrick-Prescott-filtered long-run trend. Displayed in percentage points of GDP, not a percentage growth rate. BIS gaps can differ from national authorities' countercyclical-buffer gaps. This statistical measure alone is not a crisis prediction or investment recommendation. BIS statistics are freely sourced and their inclusion must not result in any additional charge to users. BIS attribution is required; resale is not permitted by SOTW's rights policy. Collection time is not the original publication timestamp. Source dimensions, unit multipliers, confidentiality and observation flags are retained. Terms: https://data.bis.org/help/legal

This is a reviewed series. Open it in the interactive economic data explorer to choose dates, compare countries and see its source evidence and recorded history.

Latest
-30.28
percentage points of GDP · 2026-Q1
Previous
-30.83
percentage points of GDP · 2025-Q4
Earliest held
18.11
percentage points of GDP · 2000-Q1
Readings shown
105
Every reading SOTW holds

Belgium · history

percentage points of GDP · Quarterly

Source: Bank for International Settlements. Viewer read 2026-11-12T03:25:54.915Z (UTC); publisher acquisition and release times are not supplied here. Original units; no interpolation, rebasing or conversion. Missing periods and stored U/B flags interrupt the line. Daily gaps can include non-business days.

Readings, newest first

Private Credit-to-GDP Gap (Quarterly): Belgium: 105 readings, newest first. Source: Bank for International Settlements.
PeriodValue (percentage points of GDP)
2026-Q1-30.28
2025-Q4-30.83
2025-Q3-31.25
2025-Q2-31.55
2025-Q1-33.34
2024-Q4-33.70
2024-Q3-35.03
2024-Q2-34.67
2024-Q1-36.28
2023-Q4-38.28
2023-Q3-42.82
2023-Q2-42.01
2023-Q1-38.47
2022-Q4-34.19
2022-Q3-31.83
2022-Q2-31.71
2022-Q1-27.52
2021-Q4-22.76
2021-Q3-17.84
2021-Q2-17.02
2021-Q1-9.26
2020-Q4-8.71
2020-Q3-16.20
2020-Q2-15.26
2020-Q1-19.39
2019-Q4-17.26
2019-Q3-13.18
2019-Q2-17.31
2019-Q1-17.12
2018-Q4-16.84
2018-Q3-17.81
2018-Q2-13.98
2018-Q1-13.99
2017-Q4-9.84
2017-Q3-9.61
2017-Q2-4.26
2017-Q1-0.20
2016-Q46.32
2016-Q37.81
2016-Q210.67
2016-Q17.74
2015-Q4-7.44
2015-Q3-2.69
2015-Q2-8.07
2015-Q11.34
2014-Q4-6.45
2014-Q3-9.32
2014-Q2-10.18
2014-Q1-9.77
2013-Q4-3.34
2013-Q3-0.41
2013-Q25.42
2013-Q13.33
2012-Q41.56
2012-Q35.24
2012-Q27.17
2012-Q15.41
2011-Q43.14
2011-Q31.70
2011-Q21.95
2011-Q10.07
2010-Q40.10
2010-Q34.34
2010-Q210.71
2010-Q113.58
2009-Q418.33
2009-Q321.59
2009-Q221.61
2009-Q120.68
2008-Q419.33
2008-Q313.74
2008-Q210.78
2008-Q17.65
2007-Q44.70
2007-Q33.67
2007-Q21.86
2007-Q10.35
2006-Q4-1.46
2006-Q3-0.53
2006-Q2-0.33
2006-Q1-0.48
2005-Q40.40
2005-Q31.83
2005-Q23.59
2005-Q14.89
2004-Q46.90
2004-Q37.19
2004-Q27.97
2004-Q19.11
2003-Q49.90
2003-Q38.79
2003-Q28.26
2003-Q16.80
2002-Q49.21
2002-Q311.40
2002-Q213.73
2002-Q115.80
2001-Q418.66
2001-Q318.37
2001-Q219.49
2001-Q119.24
2000-Q420.20
2000-Q319.22
2000-Q218.56
2000-Q118.11

Source: Bank for International Settlements. All 105 readings held, 2000-Q1 to 2026-Q1. n/a means the source value is missing or withheld.

More

Source: Bank for International Settlements (BIS), Credit-to-GDP gaps, https://data.bis.org/topics/CREDIT_GAPS. BIS statistics provided free of any additional charge; no BIS endorsement or affiliation is implied.

Licence: bis-terms-no-charge. Available for public reading; resale has not been cleared. Publisher page: https://data.bis.org/topics/CREDIT_GAPS