The Walloon Region has Belgium's highest debt to revenue ratio

Debt levels as a share of revenue (debt-to-revenue ratio - %) using the Federal Planning Bureau reference scenario

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Debt is defined as the contribution to the Maastricht debt

Chart: Christopher RichardsSource: Federal Planning Bureau calculations, Brussels Institute for Statistics and Analysis, Walloon Institute for Evaluation, Prospective and Statistical Studies and Statistics Flanders (2026)