Belgium GDP Q4 2018

Belgium

Belgium: Growth steady through year-end

January 30, 2019

Belgium’s economy grew 0.3% quarter-on-quarter and in seasonally-adjusted terms in the fourth quarter of last year (Q3 2018: +0.3% quarter-on-quarter s.a.), according to a first estimate released by the National Bank of Belgium (NBB) on 30 January. The modest reading landed roughly in line with the broader Eurozone slowdown but fell just short of analysts’ expectations. On an annual basis, growth eased to 1.2% from 1.6% in the third quarter. Full-year growth, moreover, was estimated at 1.4%, down from 1.7% in 2017.

Comprehensive fourth-quarter national accounts will be released on 28 February.

FocusEconomics Consensus Forecast panelists expect the economy to grow 1.4% in 2019, which is down 0.1 percentage points from last month’s forecast, and 1.3% in 2020.


Author:, Economist

Sample Report

Looking for forecasts related to GDP in Belgium? Download a sample report now.

Download

Belgium GDP Chart


Belgium GDP Q4 2018

Note: Quarter-on-quarter changes of seasonally-adjusted GDP in %.
Source: National Bank of Belgium (NBB) and FocusEconomics Consensus Forecast.


Belgium Economic News

More news

Search form