Bank Lending Rate in Belgium decreased to 1.59 percent in November from 1.60 percent in October of 2018. Bank Lending Rate in Belgium averaged 1.99 percent from 2011 until 2018, reaching an all time high of 3.02 percent in July of 2011 and a record low of 1.57 percent in April of 2018.
Bank Lending Rate in Belgium is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in Belgium to stand at 1.70 in 12 months time. In the long-term, the Belgium Bank Lending Rate is projected to trend around 1.70 percent in 2020, according to our econometric models.