Belgium's business confidence indicator rose by 0.9 points to -13.3 in May 2026, up from a one-year low of -14.2 in the prior month and better than the expected -13.5. The business climate improved primarily in the building industry (-11.1 vs -15.7 in April), supported by continued growth in orders and expectations of stronger demand in the near term. The business-related services sector also saw sentiment strengthen (-8.8 vs -11.6) after declining steadily since December last year, driven by significantly better expectations for future activity and overall demand, even as current activity was viewed less favorably. Trade confidence was unchanged (14.8 vs 14.8), as weaker demand expectations were balanced by improved employment and supplier order forecasts. Meanwhile, manufacturing sentiment fell slightly (-14.8 vs -14.4), with firms more pessimistic on demand and stocks, though order books and hiring plans strengthened. source: National Bank of Belgium
Business Confidence in Belgium increased to -13.30 points in May from -14.20 points in April of 2026. Business Confidence in Belgium averaged -7.31 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 June of 2026.
Business Confidence in Belgium increased to -13.30 points in May from -14.20 points in April of 2026. Business Confidence in Belgium is expected to be -16.00 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.