The consumer confidence indicator in Belgium declined to 4 in October of 2021 from 8 in the previous month which was a 20-year high reading. Belgian households’ expectations deteriorated about the economic situation (0 vs 10), financial situation (-3 vs 2), and savings (16 vs 21). However, households still have reason to be optimistic about unemployment (-3 vs 2). source: National Bank of Belgium

Consumer Confidence in Belgium averaged -7.19 points from 1985 until 2021, reaching an all time high of 16 points in August of 2000 and a record low of -28 points in January of 1985. This page provides - Belgium Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Consumer Confidence in Belgium is expected to be 5.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Consumer Confidence is projected to trend around -2.00 points in 2022 and -4.00 points in 2023, according to our econometric models.

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Belgium Consumer Confidence


Calendar GMT Actual Previous Consensus TEForecast
2021-07-22 09:00 AM Jul 8 8 5
2021-08-20 09:00 AM Aug 5 8 9
2021-09-21 09:00 AM Sep 8 5 6
2021-10-21 09:00 AM Oct 4 8 7
2021-11-22 10:00 AM Nov 4 6
2021-12-21 10:00 AM Dec 5


News Stream
Belgium Consumer Confidence Drops in October
The consumer confidence indicator in Belgium declined to 4 in October of 2021 from 8 in the previous month which was a 20-year high reading. Belgian households’ expectations deteriorated about the economic situation (0 vs 10), financial situation (-3 vs 2), and savings (16 vs 21). However, households still have reason to be optimistic about unemployment (-3 vs 2).
2021-10-21
Belgium Consumer Confidence Returns to 20-Year Peak
The consumer confidence indicator in Belgium rose to 8 in September of 2021 following 5 in the previous month, equaling the 20-year high reading also seen in June and July this year. Belgian households’ concern about unemployment is the lowest in 19 years (2 vs 8 in August), while greater optimism is also seen for the overall economic situation (10 vs 5) and financial situation (2 vs 0). Optimism in savings of households has remained unchanged at 21.
2021-09-21
Belgium Consumer Morale Deteriorates from 20-Year Peak
The consumer confidence indicator in Belgium declined to 5 in August 2021, from a 20-year high of 8 in the previous two months, as prospects regarding the general economic situation deteriorated sharply (5 vs 19 in July). Also, households appeared to be more pessimistic about their future financial situation (0 vs 2), while they have also revised downwards their savings intentions (21 vs 23). On a brighter note, fears of a rise in unemployment over the coming twelve months receded (8 vs 11).
2021-08-20
Belgium Consumer Confidence Steady at 20-Year High
The consumer confidence in Belgium remained at 20-year highs of 8 in July of 2021, similar to the last month level. The macroeconomic outlook for the next twelve months remains unchanged compared to June (19), and households still regard it as particularly good. At the same time, consumers appeared more optimistic about the unemployment in Belgium (11 from 13 in June, close to the pre-pandemic level). Conversely, consumers are slightly less optimistic about both the financial situation of households (2 from 4) and savings (23 from 24).
2021-07-22

Belgium Last Unit Reference Previous Highest Lowest
Consumer Confidence 4.00 points Oct/21 8.00 16.00 -28.00
Consumer Spending 54276.00 EUR Million Jun/21 52432.00 57423.00 22538.00
Disposable Personal Income 93248.20 EUR Million Mar/21 92782.20 100022.70 49870.50
Personal Savings 21.00 percent Mar/21 23.50 28.10 11.40


Belgium Consumer Confidence
In Belgium, the consumer confidence indicator supplies concise information on consumers’ confidence regarding the progress of the economy. The index is based on a monthly telephone survey of more than 1,000 consumers on their outlook for the country's job and economic prospects as well as their own financial situation and ability to save money. The index is the balance of positive and negative replies, with a figure of zero meaning Belgians are evenly split on whether things will improve or worsen for consumers in the next year.