Belgium GDP Grows Less Than Expected

2026-02-27 10:08 By Agna Gabriel 1 min. read

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%.



News Stream
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%.
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