Belgium’s industrial production fell 3.7 percent year-on-year in March of 2022, compared to a downwardly revised 7.3 percent increase in the previous month. It was the first contraction in industrial activity since December of 2020, as output sharply fell for electricity, gas, steam, and air-conditioning supply (-69.4 percent vs -5.7 percent in February) and mining and quarrying (-5.8 percent vs 20.7 percent). On the other hand, growth was seen for manufacturing (3.4 percent vs 8.7 percent). On a seasonally adjusted monthly basis, production fell by 5.6 percent, picking up from a 1.4 percent decline in the prior month. source: Statistics Belgium

Industrial Production in Belgium averaged 3.04 percent from 2001 until 2022, reaching an all time high of 35.30 percent in April of 2021 and a record low of -19.30 percent in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on May of 2022.

Industrial Production in Belgium is expected to be 3.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Industrial Production is projected to trend around 2.90 percent in 2023 and 2.50 percent in 2024, according to our econometric models.

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Belgium Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-04-11 09:30 AM Feb 7.8% 7.1% 3.2%
2022-05-10 09:00 AM Mar -3.7% 7.3% 6.5%
2022-06-10 10:00 AM Apr -3.7%


Related Last Previous Unit Reference
Industrial Production Mom -5.60 -1.40 percent Mar 2022
Industrial Production -3.70 7.30 percent Mar 2022
Manufacturing Production 3.40 8.80 percent Mar 2022
Mining Production 15.50 -3.60 percent Feb 2022

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).
Actual Previous Highest Lowest Dates Unit Frequency
-3.70 7.30 35.30 -19.30 2001 - 2022 percent Monthly
2015=100, WDA

News Stream
Belgium Industrial Output Contracts in March
Belgium’s industrial production fell 3.7 percent year-on-year in March of 2022, compared to a downwardly revised 7.3 percent increase in the previous month. It was the first contraction in industrial activity since December of 2020, as output sharply fell for electricity, gas, steam, and air-conditioning supply (-69.4 percent vs -5.7 percent in February) and mining and quarrying (-5.8 percent vs 20.7 percent). On the other hand, growth was seen for manufacturing (3.4 percent vs 8.7 percent). On a seasonally adjusted monthly basis, production fell by 5.6 percent, picking up from a 1.4 percent decline in the prior month.
2022-05-10
Belgium Industrial Output Growth at 11-Month Low
Belgium’s industrial production rose 7.1 percent year-on-year in January of 2022, slowing down from an upwardly revised 12.8 percent climb in December. It was the slowest increase in eleven months, as growth in manufacturing industries slowed significantly (7.5 percent vs 13.4 percent in December), along with utilities (3.4 percent vs 7.4 percent), while output in mining and quarrying contracted (-5.7 percent vs 28.3 percent). On a seasonally adjusted monthly basis, production edged up 0.4 percent, slowing from an upwardly revised 2.3 percent increase in the previous month.
2022-03-10
Belgium Industrial Output Growth Rises in December
Belgium’s industrial production rose 12.5 percent year-on-year in December of 2021, picking up from the downwardly revised 8.5 percent increase in November. It was the first increase in the growth rate since June, as industry expanded for manufacturing, the dominant sector (14.4 percent vs 8.8 percent in November), while also increasing for mining and quarrying (14.5 percent vs 8.6 percent). On the other hand, output contracted for utilities (-4.4 percent vs 6.4 percent). On a seasonally adjusted monthly basis, production fell 1.4 percent, compared to the upwardly revised 4.8 percent decrease.
2022-02-10