The business confidence barometer in Belgium rose to a fresh record of 10.1 in July of 2021 from 9.8 in June, mostly driven by improving business climate in the manufacturing sector (10.0 from 8.8 in June) and the trade sector (-0.2 from -3.5), while confidence levels remained high in the business-related service sector (18.1 from 18.7). On the other hand, respondents in the building sector were markedly less optimistic (5.8 from 9.3), mostly on lower demand expectations and a worse assessment of order books. source: National Bank of Belgium
Business Confidence in Belgium averaged -7.08 points from 1980 until 2021, reaching an all time high of 10.10 points in July of 2021 and a record low of -36.10 points in April of 2020. 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. Belgium Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on August of 2021.
Business Confidence in Belgium is expected to be 1.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Business Confidence is projected to trend around 2.50 points in 2022 and 3.40 points in 2023, according to our econometric models.