The business confidence barometer in Belgium edged up to 4.2 in November of 2021 from 4 in the previous two months. Business confidence increased the most in the building industry (2.3 vs 1.1 in October), mainly on the assessment of order books, followed by the manufacturing industry (2.5 vs 2.3), driven by higher demand expectations. On the other hand, sentiment deteriorated in trade (-2.4 vs -2), due to lower demand forecasts, and in business related services (15.3 vs 16.4), due to lower assessment of current activity. source: National Bank of Belgium
Business Confidence in Belgium averaged -6.99 points from 1980 until 2021, reaching an all time high of 10.10 points in July of 2021 and a record low of -36.10 points in April of 2020. This page provides the latest reported value for - Belgium Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Belgium Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.
Business Confidence in Belgium is expected to be 5.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Business Confidence is projected to trend around 4.80 points in 2022 and 3.40 points in 2023, according to our econometric models.