Belgium Q2 GDP Growth Confirmed at 0.2%

Belgium’s GDP grew by 0.2% in the three months to June 2025, confirming earlier estimates, slowing from a 0.4% expansion in the prior period, which was the fastest in a year.

Growth slowed in services (0.2% vs 0.4% in Q1) and construction (0.2% vs 0.9%), while industry (-0.1% vs 0.2%) contracted.

On the demand side, both household consumption (0.4% vs 0.5%) and government spending (0.6% vs -0.4%) increased, but fixed investment shrank (-0.5% vs 0.4%).

Meanwhile, net exports weighed on growth, subtracting 0.1 percentage point, with exports down 1.1% and imports falling 1%.

Compared to the same period last year, the GDP expanded by 1%, after a 1.1% advance in Q1 and also in line with initial estimates.