Belgium’s economy grew by 1% in 2025, slightly below the 1.1% expansion recorded in 2024. Growth was uneven across sectors, with value added rising by 0.2% in industry, 3.7% in construction and 0.9% in services. Household consumption increased by 1.7%, supporting overall activity, while business investment climbed 2.8%, pointing to solid corporate spending. In contrast, housing investment dropped sharply by 8.7%, reflecting weakness in the property market. Government consumption rose 1.5%, but public investment declined by 2.5%. External trade weighed on growth, as exports fell by 0.6% compared with a smaller 0.2% decline in imports. As a result, net exports made a negative contribution of 0.3 percentage points to GDP growth for the year. source: National Bank of Belgium
Full Year GDP Growth in Belgium decreased to 1 percent in 2025 from 1.10 percent in 2024. Full Year GDP Growth in Belgium averaged 1.78 percent from 1996 until 2025, reaching an all time high of 6.90 percent in 2021 and a record low of -5.30 percent in 2020. This page includes a chart with historical data for Belgium Full Year GDP Growth. Belgium Full Year GDP Growth - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.
Full Year GDP Growth in Belgium decreased to 1 percent in 2025 from 1.10 percent in 2024. Full Year GDP Growth in Belgium is expected to reach 1.00 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Full Year GDP Growth is projected to trend around 1.00 percent in 2027 and 1.20 percent in 2028, according to our econometric models.