GDP in Belgium
Belgium - GDP
Economy sustains momentum in Q4 2019
The economy grew 0.4% quarter-on-quarter in seasonally-adjusted terms in the fourth quarter, matching the expansion recorded in the third quarter, according to a first estimate released by the National Bank of Belgium (NBB) on 30 January.
On an annual basis, growth fell to 1.2% in Q4 from a revised 1.6% in the previous quarter (previously reported: +1.3% year-on-year). Taking the year as a whole, the economy grew 1.4% in 2019, slightly below 2018’s 1.5% expansion.
A comprehensive release for national accounts will be published on 28 February.
FocusEconomics Consensus Forecast panelists project the economy to grow 1.3% in 2020, which is up 0.1 percentage points from last month’s forecast, and 1.1% in 2021.
Belgium - GDP Data
| 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| Economic Growth (GDP, annual variation in %) | 1.3 | 1.7 | 1.5 | 1.7 | 1.4 |
Belgium GDP Chart
Source: National Bank of Belgium and FocusEconomics calculations
Belgium Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.10 | 0.15 % | Dec 31 |
| Exchange Rate | 1.12 | 0.65 % | Dec 31 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
-
Belgium: Economy sustains momentum in Q4 2019
January 30, 2020
The economy grew 0.4% quarter-on-quarter in seasonally-adjusted terms in the fourth quarter, matching the expansion recorded in the third quarter, according to a first estimate released by the National Bank of Belgium (NBB) on 30 January.
-
Belgium: Industrial production slows in November
January 24, 2020
In November, industrial output expanded 2.2% on an annual and seasonally adjusted basis, down from October’s 5.2% increase.
-
Belgium: Economic sentiment improves in January
January 24, 2020
The consumer confidence indicator produced by the National Bank of Belgium (NBB) rose to minus 6 in January from minus 8 in December.
-
Belgium: Industrial production slows in October
December 23, 2019
In October, industrial output expanded 4.9% on an annual and seasonally adjusted basis, decelerating from September’s 8.0% increase.
-
Belgium: Consumers turn more pessimistic in December
December 19, 2019
The consumer confidence indicator produced by the National Bank of Belgium (NBB) fell to minus 8 in December from minus 6 in November, marking the first deterioration after two consecutive monthly improvements.
© Copyright: 2020 | Belgium GDP | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed ...
