Industrial production in Belgium increased 2.4 percent year-on-year in July of 2019, easing from a downwardly revised 4.2 percent rise in the previous month. It was the lowest annual gain in industrial activity since October of 2018, as output slowed for manufacturing (0.4 percent from 2.8 percent in June) and water collection, treatment and supply (0.6 percent from 2.9 percent). On the other hand, production advanced faster for electricity, gas, steam & air conditioning supply (23 percent from 22.9 percent) and rebounded for mining & quarrying (2.7 percent from -13.7 percent). On a seasonally adjusted monthly basis, industrial production slumped 6.5 percent, down from a downwardly revised 4.1 percent jump in June. Industrial Production in Belgium averaged 2.59 percent from 2001 until 2019, reaching an all time high of 21.60 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 6.30 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 5.80 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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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-25 09:30 AM Industrial Production YoY Apr 7.2% -0.5% 1%
2019-07-25 09:30 AM Industrial Production YoY May 5.4% 7.5% 6%
2019-08-23 09:30 AM Industrial Production YoY Jun 5.6% 4.7% 4.3%
2019-09-25 09:30 AM Industrial Production YoY Jul 2.4% 4.2% 3.1%
2019-10-25 09:30 AM Industrial Production YoY Aug 2.4% 3.6%
2019-11-25 10:30 AM Industrial Production YoY Sep 6.3%
2019-12-23 10:30 AM Industrial Production YoY Oct


Belgium Business Last Previous Highest Lowest Unit
Business Confidence -5.70 -5.80 9.20 -31.80 Index Points [+]
Industrial Production 2.40 4.20 21.60 -19.90 percent [+]
Industrial Production Mom -6.50 4.10 11.80 -9.10 percent [+]
Manufacturing Production 0.40 2.80 25.40 -21.90 percent [+]
Capacity Utilization 80.80 80.40 85.00 69.70 percent [+]
Bankruptcies 459.00 755.00 1322.00 262.00 Companies [+]
Car Registrations 35720.00 47936.00 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 2.70 -13.70 62.40 -43.50 percent [+]
Steel Production 630.00 660.00 1488.00 237.00 Thousand Tonnes [+]
Changes In Inventories 851.00 1264.00 2379.00 -1451.00 EUR Million [+]
Competitiveness Index 76.38 76.61 76.61 5.05 Points [+]
Competitiveness Rank 22.00 21.00 24.00 15.00 [+]
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 7706.00 6780.00 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.40 4.20 21.60 -19.90 2001 - 2019 percent Monthly
2015=100, NSA




Country Last Previous
Argentina -6.40 Aug/19
Australia 1.90 Jun/19
Brazil -2.30 Aug/19
Canada -1.12 Jul/19
China 4.40 Aug/19
Euro Area -2.80 Aug/19
France -1.40 Aug/19
Germany -4.00 Aug/19
India -1.10 Aug/19
Indonesia 8.10 Jul/19
Italy -1.80 Aug/19
Japan -4.70 Aug/19
Mexico -1.30 Aug/19
Netherlands -0.60 Aug/19
Russia 2.90 Aug/19
Saudi Arabia 1.40 Dec/18
Singapore -8.00 Aug/19
South Africa -1.80 Aug/19
South Korea -2.90 Aug/19
Spain 1.70 Aug/19
Switzerland 4.80 Jun/19
Turkey -3.60 Aug/19
United Kingdom -1.80 Aug/19
United States 0.40 Aug/19


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