Belgium business confidence increased to -2 in January 2020 from -3.4 in December and above expectations of -3. It was the highest reading since March 2019, as sentiment improved among manufacturers (-4.9 vs -6.3 in December); service providers (7.8 vs 3.7) and traders (-6.3 vs -8.3). In contrast, confidence decreased among constructors (2.2 vs 3.8).
Business Confidence in Belgium averaged -7.03 points from 1980 until 2020, reaching an all time high of 9.20 points in March of 2000 and a record low of -31.80 points in March of 2009. This page provides the latest reported value for - Belgium Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Business Confidence in Belgium is expected to be -6.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Belgium to stand at -7.50 in 12 months time. In the long-term, the Belgium Business Confidence is projected to trend around -5.00 points in 2020, according to our econometric models.