Unemployment Rate in Belgium decreased to 5.10 percent in August from 5.50 percent in July of 2020.
Unemployment Rate in Belgium averaged 8.16 percent from 1983 until 2020, reaching an all time high of 11 percent in October of 1983 and a record low of 5 percent in February of 2020. This page provides the latest reported value for - Belgium Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Belgium Unemployment Rate - values, historical data and charts - was last updated on October of 2020.
Unemployment Rate in Belgium is expected to be 7.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Belgium to stand at 7.00 in 12 months time. In the long-term, the Belgium Unemployment Rate is projected to trend around 6.50 percent in 2021 and 6.20 percent in 2022, according to our econometric models.