Belgium’s Federal Government Debt Rises to €578.17 Billion at End of August 2026
Belgium’s federal government debt reached €578.169 billion at the end of August 2026, marking a monthly increase of €3.18 billion, according to the latest official figures released by the Belgian Debt Agency.
The figures, published through Belgium’s official federal government news portal on September 7, show that the country’s federal debt continued to rise compared with the previous month. The increase comes as Belgium manages its public finances amid ongoing economic and fiscal pressures.
After taking into account placements and securities held in portfolio, Belgium’s net federal government debt stood at €553.69 billion at the end of August. The net figure increased by €4.67 billion compared with July.
The Belgian Debt Agency also reported a net financing balance of €4.62 billion, representing an amount to be financed by the Treasury.
Another important indicator in the latest report is the average maturity of Belgium’s federal debt. It declined slightly by 0.08 year to 10.17 years. At the same time, the average interest rate on the government’s debt instruments increased to 2.24%.
The agency also provided figures on refinancing exposure. Belgium’s refinancing risks over the next 12 months and 60 months stood at 13.46% and 36.62%, respectively.
Government debt statistics are closely watched because changes in borrowing costs and refinancing requirements can affect the country’s future budget position. Higher interest rates can increase the cost of servicing outstanding debt, while the maturity structure determines how frequently government borrowing needs to be refinanced.
The latest figures were released by the Belgian Debt Agency, a federal institution responsible for managing Belgium’s public debt. The agency also provided supporting documents showing the evolution and detailed position of federal government debt as of August 31, 2026.
The August figures therefore provide a fresh snapshot of Belgium’s fiscal position, showing both an increase in total federal debt and a modest change in its maturity and financing profile.
