Outstanding residential mortgage lending in Belgium 2016-2023, per quarter
The total outstanding residential mortgage lending in Belgium steadily increased between 2016 and 2023. In this period, the value of outstanding residential mortgage lending grew from 209 billion euros to over 312 billion euros. Since 2016, the quarterly gross residential mortgage lending in Belgium has fluctuated between seven and 16 billion euros. Belgium has a well-developed mortgage market. Nevertheless, it ranks below countries such as the UK, Germany, France, and the Netherlands in terms of outstanding mortgage lending.