Industrial production in Belgium increased 0.2 percent year-on-year in December, easing from an upwardly revised 3.7 percent gain in the prior month. Manufacturing grew at a softer rate (1.9 percent vs 5.4 percent in November) due to decline in production of food products & beverages (-3.2 percent vs -0.1 percent) and basic metals (-8.9 percent vs -2.2 percent). In addition, output continued to fall for electricity, gas, steam & air conditioning supply (-12.8 percent vs -12.5 percent) and for water collection, treatment & supply (-11.6 percent vs -0.9 percent). Meanwhile, output rebounded for mining & quarrying (0.8 percent vs -10.7 percent in November). On a seasonally adjusted monthly basis, industrial production declined 3.7 percent, after an upwardly revised 4.3 percent gain in the previous month. Industrial Production in Belgium averaged 2.56 percent from 2001 until 2018, reaching an all time high of 21.90 percent in January of 2001 and a record low of -19.90 percent in April of 2009.

Industrial Production in Belgium is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Belgium to stand at 2.70 in 12 months time. In the long-term, the Belgium Industrial Production is projected to trend around 2.50 percent in 2020, according to our econometric models.

Belgium Industrial Production
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-23 09:00 AM Industrial Production YoY -3.9% 1.9% -2.2%
2018-12-21 10:30 AM Industrial Production YoY 1.0% -4.2% -4.5%
2019-01-25 09:05 AM Industrial Production YoY 2.5% 2.0% 0.3%
2019-02-25 10:00 AM Industrial Production YoY 0.2% 3.7% 3%
2019-04-25 09:00 AM Industrial Production YoY 1%
2019-04-25 09:00 AM Industrial Production YoY 0.2% 2.1%
2019-05-24 09:00 AM Industrial Production YoY 2.7%


Belgium Business Last Previous Highest Lowest Unit
Business Confidence -0.70 -1.70 9.20 -31.80 Index Points [+]
Industrial Production 0.20 3.70 21.90 -19.90 percent [+]
Industrial Production Mom -3.70 4.30 11.90 -9.20 percent [+]
Manufacturing Production 1.90 5.40 25.40 -21.90 percent [+]
Capacity Utilization 79.50 81.10 85.00 69.70 percent [+]
Bankruptcies 909.00 833.00 1322.00 262.00 Companies [+]
Car Registrations 54873.00 49919.00 64963.00 13593.00 [+]
Internet Speed 16275.93 15930.63 16275.93 4020.54 KBps [+]
IP Addresses 4372220.00 4315399.00 5060890.00 1986541.00 IP [+]
Mining Production 0.80 -10.70 62.40 -43.50 percent [+]
Steel Production 515.00 570.00 1488.00 237.00 Thousand Tonnes [+]
Changes In Inventories 1970.00 1557.00 2379.00 -1451.00 EUR Million [+]
Competitiveness Index 76.61 76.57 76.61 5.05 Points [+]
Competitiveness Rank 21.00 19.00 24.00 15.00 [+]
Corporate Profits 32107.00 24520.00 40119.00 11553.00 EUR Million [+]
Corruption Index 75.00 75.00 77.00 52.50 Points [+]
Corruption Rank 17.00 16.00 29.00 15.00 [+]
Ease of Doing Business 45.00 52.00 52.00 20.00 [+]
Electricity Production 6663.00 7777.00 8558.00 4047.00 Gigawatt-hour [+]


Belgium Industrial Production

In Belgium, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector. The biggest segments within Manufacturing are: chemical products (19 percent of total production); food products and beverages (16 percent); basic metals (11 percent); motor vehicles, trailers and semi-trailers (10 percent); pharmaceuticals (8 percent); machinery and equipment (5 percent); and fabricated metal products (5 percent). This page provides the latest reported value for - Belgium Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Belgium Industrial Production - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.20 3.70 21.90 -19.90 2001 - 2018 percent Monthly
2015=100, NSA




Country Last Previous
Argentina -8.50 Feb/19
Australia 2.80 Sep/18
Brazil 2.00 Feb/19
Canada 1.19 Jan/19
China 8.50 Mar/19
Euro Area -0.30 Feb/19
France 0.60 Feb/19
Germany -0.40 Feb/19
India 0.10 Feb/19
Indonesia 5.20 Jan/19
Italy 0.90 Feb/19
Japan -1.10 Feb/19
Mexico -0.80 Feb/19
Netherlands -0.30 Feb/19
Russia 1.20 Mar/19
Saudi Arabia 2.34 Sep/18
Singapore 0.70 Feb/19
South Africa 0.60 Feb/19
South Korea -2.70 Feb/19
Spain -0.30 Feb/19
Switzerland 5.10 Dec/18
Turkey -5.10 Feb/19
United Kingdom 0.10 Feb/19
United States 2.80 Mar/19


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