Belgium business confidence decreased to -5 in July of 2019 from -4.9 in the previous month, in line with market expectations. It was the worst reading since February 2016, mainly due to a deterioration in confidence among manufacturers (-9.1 vs -8.5 in June) and traders (-4.4 vs -0.7). On the other hand, confidence improved among service providers (4.5 vs 2.0) and constructors (2.6 vs 2.1). Business Confidence in Belgium averaged -7.06 Index Points from 1980 until 2019, reaching an all time high of 9.20 Index Points in March of 2000 and a record low of -31.80 Index Points in March of 2009.

Business Confidence in Belgium is expected to be -3.20 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Belgium to stand at -4.80 in 12 months time. In the long-term, the Belgium Business Confidence is projected to trend around -6.50 Index Points in 2020, according to our econometric models.

Belgium Business Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-24 01:00 PM Business Confidence Apr -3.2 -0.7 -0.8 -1.3
2019-05-24 01:00 PM Business Confidence May -3.6 -3.2 -2.0
2019-06-24 01:00 PM Business Confidence Jun -4.9 -3.6 -2.2 -3.3
2019-07-24 01:00 PM Business Confidence Jul -5.0 -4.9 -5.0 -4.2
2019-08-23 01:00 PM Business Confidence Aug -5.0 -6.0 -4.5
2019-09-24 01:00 PM Business Confidence Sep -3.2
2019-10-24 01:00 PM Business Confidence Oct


Belgium Business Last Previous Highest Lowest Unit
Business Confidence -5.00 -4.90 9.20 -31.80 Index Points [+]
Industrial Production 5.40 7.50 21.90 -19.90 percent [+]
Industrial Production Mom -1.10 3.20 11.90 -9.20 percent [+]
Manufacturing Production 4.10 6.40 25.40 -21.90 percent [+]
Capacity Utilization 80.80 80.40 85.00 69.70 percent [+]
Bankruptcies 1014.00 964.00 1322.00 262.00 Companies [+]
Car Registrations 45110.00 50044.00 64963.00 13593.00 [+]
Internet Speed 16275.93 15930.63 16275.93 4020.54 KBps [+]
IP Addresses 4372220.00 4315399.00 5060890.00 1986541.00 IP [+]
Mining Production -3.90 -0.30 62.40 -43.50 percent [+]
Steel Production 720.00 745.00 1488.00 237.00 Thousand Tonnes [+]
Changes In Inventories 1264.00 1966.00 2379.00 -1451.00 EUR Million [+]
Competitiveness Index 76.61 76.57 76.61 5.05 Points [+]
Competitiveness Rank 21.00 19.00 24.00 15.00 [+]
Corruption Index 75.00 75.00 77.00 52.50 Points [+]
Corruption Rank 17.00 16.00 29.00 15.00 [+]
Ease of Doing Business 45.00 52.00 52.00 20.00 [+]
Electricity Production 6780.00 7356.00 8558.00 4047.00 Gigawatt-hour [+]


Belgium Business Confidence

In Belgium, the business confidence survey measures the level of optimism that people who run companies have about the current economic situation and how they feel about their organizations’ prospects in the next three months. Every month, a panel of around 6000 business leaders is contacted. 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 - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-5.00 -4.90 9.20 -31.80 1980 - 2019 Index Points Monthly




Country Last Previous
Australia 4.00 Jul/19
Brazil 57.40 Jul/19
Canada 54.20 Jul/19
China 49.70 Jul/19
Euro Area -0.12 Jul/19
France 101.00 Jul/19
Germany 95.70 Jul/19
India 113.50 Jun/19
Indonesia 108.81 Jun/19
Italy 100.10 Jul/19
Japan 7.00 Jun/19
Mexico 49.50 Jul/19
Netherlands 3.90 Jul/19
Russia -1.00 Jul/19
Saudi Arabia 3.00 Jun/16
Singapore -11.00 Jun/19
South Africa 28.00 Jun/19
South Korea 73.00 Jul/19
Spain -2.80 Jul/19
Switzerland 97.10 Jul/19
Turkey 98.30 Jul/19
United Kingdom -32.00 Sep/19
United States 51.20 Jul/19


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