Industrial Production in Belgium increased 29.90 percent in August of 2021 over the same month in the previous year. source: Statistics Belgium

Industrial Production in Belgium averaged 2.80 percent from 2001 until 2021, reaching an all time high of 29.90 percent in August of 2021 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 October of 2021.

Industrial Production in Belgium is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Industrial Production is projected to trend around 2.90 percent in 2022 and 2.50 percent in 2023, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Belgium Industrial Production

Calendar GMT Actual Previous Consensus TEForecast
2021-09-10 09:30 AM Jul 26.5% 24.6% 11%
2021-10-11 09:30 AM Aug 29.9% 29.5% 22%
2021-11-10 10:30 AM Sep 29.9%

News Stream
Belgium Industrial Output Continues to Grow at Strong Pace
Belgium's industrial production expanded by 29.9 percent year-on-year in August of 2021, following an upwardly revised 29.5 percent increase in July. Manufacturing output, the most important sector, sustained a strong growth pace (31.1 percent vs 31.7 percent in July), while utilities growth accelerated (20.1 percent vs 11 percent). Meantime, mining & quarrying dropped (-25.6 percent vs -9.5 percent). On a seasonally adjusted monthly basis, industrial production was virtually unchanged (+0.1 percent), following a downwardly revised 0.6 percent growth in July.
Belgium Industrial Output Rises at 2nd Highest Rate Ever
Belgium's industrial production expanded 26.5 percent year-on-year in July of 2021, rising from an upwardly revised 24.6 percent increase in June. Manufacturing output growth, the most important sector, accelerated to 29 percent from 25.1 percent in June. Meanwhile, utilities grew at a softer pace (5.2 percent vs 18.4 percent), and mining & quarrying contracted sharply (-8.1 percent vs 5.4 percent). On a seasonally adjusted monthly basis, industrial production went up 5.1 percent, following an upwardly revised 1.8 percent jump in June.
Belgium Industrial Output Expands Firmly in May
Belgium's industrial production expanded 10.5 percent year-on-year in May of 2021, and was 5.2 percent higher compared to May of 2019, rising from an upwardly revised 3.7 percent increase in April over the same month in 2019, used as the official growth rate in the previous official release due to the high variability of the index in April of 2020 as a result of the pandemic. Output advanced firmly in all industrial sectors, namely manufacturing (9.9 percent over May 2020) utilities (15.9 percent) and mining & quarrying (12.0 percent). On a seasonally adjusted monthly basis, industrial production went down 2.3 percent, following a downwardly revised 5.0 percent jump in April.

Belgium Last Unit Reference Previous Highest Lowest
Industrial Production Mom 0.10 percent Aug/21 0.60 13.00 -11.70
Industrial Production 29.90 percent Aug/21 29.50 35.30 -19.30
Manufacturing Production 31.10 percent Aug/21 31.70 36.50 -20.50
Mining Production -25.60 percent Aug/21 -9.50 68.80 -41.40

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).