Belgium’s economy expanded by 0.2% quarter-on-quarter in the first three months of 2026, in line with market forecasts and slightly above the 0.1% growth recorded in the previous quarter, according to preliminary estimates. Growth was driven by gains in the construction sector, which rose 0.4%, and the services sector, which increased by 0.3%. Meanwhile, industrial output contracted by 0.1%. On a year-on-year basis, GDP rose 0.8%, marking the slowest annual growth since the first quarter of 2021, following a revised 0.9% increase in the previous quarter. source: National Bank of Belgium

The Gross Domestic Product (GDP) in Belgium expanded 0.20 percent in the first quarter of 2026 over the previous quarter. GDP Growth Rate in Belgium averaged 0.54 percent from 1980 until 2026, reaching an all time high of 15.80 percent in the first quarter of 1995 and a record low of -11.60 percent in the second quarter of 2020. This page provides - Belgium GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.

The Gross Domestic Product (GDP) in Belgium expanded 0.20 percent in the first quarter of 2026 over the previous quarter. GDP Growth Rate in Belgium is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium GDP Growth Rate is projected to trend around 0.30 percent in 2027 and 0.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-27 10:00 AM
QoQ Final
Q4 0.1% 0.3% 0.2% 0.2%
2026-04-29 09:00 AM
QoQ Adv
Q1 0.2% 0.1% 0.2% 0.1%
2026-05-29 09:00 AM
QoQ Final
Q1 0.1% 0.2% 0.2%


Related Last Previous Unit Reference
Full Year GDP Growth 1.00 1.10 percent Dec 2025
GDP Growth Rate YoY 0.80 0.90 percent Mar 2026
GDP Constant Prices 133304.50 133155.90 EUR Million Dec 2025
GDP from Agriculture 596.00 998.30 EUR Million Dec 2025
GDP from Construction 7103.80 5611.00 EUR Million Dec 2025
GDP from Manufacturing 17827.00 17217.70 EUR Million Dec 2025
GDP from Public Administration 17622.50 15700.70 EUR Million Dec 2025
GDP from Services 22786.10 20573.30 EUR Million Dec 2025
GDP Growth Rate 0.20 0.10 percent Mar 2026
Gross Fixed Capital Formation 31785.40 31383.60 EUR Million Dec 2025
Gross National Product 173069.90 156577.40 EUR Million Dec 2025


Belgium GDP Growth Rate
In Belgium, household consumption is the main component of GDP and accounts for 52 percent of its total use, followed by government expenditure (25 percent) and gross fixed capital formation (23 percent). Exports of goods and services account for 84 percent of GDP while imports account for 83 percent, adding 1 percent of total GDP.
Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.10 15.80 -11.60 1980 - 2026 percent Quarterly
SA

News Stream
Belgium GDP Expands 0.2% in Q1 2026
Belgium’s economy expanded by 0.2% quarter-on-quarter in the first three months of 2026, in line with market forecasts and slightly above the 0.1% growth recorded in the previous quarter, according to preliminary estimates. Growth was driven by gains in the construction sector, which rose 0.4%, and the services sector, which increased by 0.3%. Meanwhile, industrial output contracted by 0.1%. On a year-on-year basis, GDP rose 0.8%, marking the slowest annual growth since the first quarter of 2021, following a revised 0.9% increase in the previous quarter.
2026-04-29
Belgium GDP Grows Less Than Expected
Belgium’s economy expanded by just 0.1% in the fourth quarter of 2025, marking the slowest growth in a year and below the initial 0.2% estimate. Activity was weighed down by weak private consumption and softer foreign demand. Household spending was flat compared with the previous quarter, and housing investment declined by 1.0%. In contrast, government consumption increased by 0.6%, and public investment surged 9.7%, largely due to higher defence spending, helping support overall growth. Business investment edged up 0.4%. Trade was a drag, with exports down 1.6% and imports falling 1.1%, resulting in a negative contribution from net exports of 0.3 percentage points. On the production side, value added fell by 0.6% in industry and 0.1% in construction, while services rose by 0.2%. On an annual basis, GDP grew 1% in the fourth quarter, with full-year 2025 growth also at 1%.
2026-02-27
Belgium GDP Expands 0.2% in Q4 2025
Belgium’s economy expanded by 0.2% quarter-on-quarter in the final three months of 2025, slightly below the 0.3% growth recorded in the previous quarter, according to preliminary estimates. The industrial sector grew by 0.6%, construction rose 0.4%, and services increased by 0.3%. On a year-on-year basis, GDP rose 1.1%, the strongest growth since the third quarter of 2024, up from 1.0% in each of the previous two quarters. For 2025 as a whole, the economy grew by 1%, matching the pace seen in 2024. Construction surged 3.8%, while services grew 0.9% and industry increased 0.2%.
2026-01-29