Belgium’s business confidence indicator rose by 2.3 points to -9.8 in October 2026, the highest reading since January, compared to -12.1 in September and above market expectations of -11.8. Manufacturing sentiment became less pessimistic (-9.2 vs. -12.2), reflecting less negative assessments of total order books (-18.6 vs. -20.2) and employment expectations (-6.8 vs. -7.4), alongside a decline in stock levels (0.5 vs. 10.4). The confidence index also strengthened in the building industry (-8.3 vs -11.8), led by the trend in orders (0.5 vs -6.9) and the assessment of order books (-20.4 vs -24.5), as well as in business-related services (-12.6 vs -13.4), driven by activity expectations (-4.1 vs -7.4). In contrast, pessimism deepened in the trade sector (-13.2 vs -8.6), with employment expectations falling sharply (-13.0 vs -1.4). source: National Bank of Belgium
Business Confidence in Belgium increased to -9.80 points in October from -12.10 points in September of 2026. Business Confidence in Belgium averaged -7.35 points from 1980 until 2026, 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 October of 2026.
Business Confidence in Belgium increased to -9.80 points in October from -12.10 points in September of 2026. Business Confidence in Belgium is expected to be -14.00 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 -10.00 points in 2027 and -8.00 points in 2028, according to our econometric models.