Industrial Production in Belgium decreased 4.60 percent in September of 2020 over the same month in the previous year. source: Statistics Belgium

Industrial Production in Belgium averaged 2.34 percent from 2001 until 2020, reaching an all time high of 18.70 percent in January of 2001 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 November of 2020.

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. Looking forward, we estimate Industrial Production in Belgium to stand at 6.10 in 12 months time. In the long-term, the Belgium Industrial Production is projected to trend around 5.20 percent in 2021 and 2.50 percent in 2022, according to our econometric models.

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Belgium Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-4.60 -6.40 18.70 -19.30 2001 - 2020 percent Monthly
2015=100, WDA

Calendar GMT Actual Previous Consensus TEForecast
2020-08-28 09:30 AM Jun -10.4% -5.4% -18%
2020-09-30 09:30 AM Jul -5.2% -10.8% -5.2%
2020-10-09 09:30 AM Aug -6.4% -0.9% -4.3%
2020-11-10 10:30 AM Sep -4.6% -6.2% -6.9%
2020-12-10 10:30 AM Oct -4.6% -5.3%
2021-01-29 10:30 AM Nov -5%
2021-02-25 02:15 PM Dec
2021-03-30 09:30 AM Jan

News Stream
Belgium Industrial Output Rises the Most Since 2010
Industrial production in Belgium jumped 11.7 percent year-on-year in December 2019, accelerating from a downwardly revised 1.7 percent rise in the previous month. It was the highest gain in industrial activity since June 2010, as output advanced faster for electricity, gas, steam & air conditioning supply (34.4 percent vs 30.8 percent in November). In addition, output rebounded sharply for manufacturing (9.6 percent vs -1.2 percent) while production slowed for water collection, treatment and supply (2.2 percent vs 3.8 percent). On the other hand, output dropped at a faster pace for mining & quarrying (-4.3 percent vs -0.5 percent). On a seasonally adjusted monthly basis, industrial production went up 4.4 percent, after a downwardly revised 0.8 percent gain in November.
Belgium Industrial Output Growth Slows to 6-Month Low
Industrial production in Belgium increased 2.2 percent year-on-year in November 2019, easing from an upwardly revised 5.1 percent rise in the previous month. It was the lowest gain in industrial activity since May, as output slowed for electricity, gas, steam and air conditioning supply (36.4 percent vs 42.5 percent in October). In addition, production fell for both manufacturing (-1.2 percent vs 2.1 percent) and mining and quarrying (-0.5 percent vs -2.7 percent). On the other hand, output rose faster for water collection, treatment and supply (3.8 percent vs 2.5 percent). On a monthly basis, industrial production went up 1.2 percent, rebounding from a 1.2 percent drop in October.
Belgium Industrial Output Growth Eases
Belgium's industrial production growth slowed to 4.8 percent from an upwardly revised 7.9 percent in the previous month, due to a slowdown in manufacturing (2.1 percent vs 3.2 percent) and utilities (38.8 percent vs 73.8 percent) and a decline in mining (-2.7 percent vs -1.3 percent). On the other hand, water collection rose faster (2.5 percent vs 1.6 percent). On a monthly basis, industrial production fell 1.8 percent, after a 1.0 percent drop in September.

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).