Belgium business confidence decreased to -2.7 in February 2020 from -2.0 in the previous month and slightly above market expectations of -2.8. Confidence worsened among manufacturers (-5.5 from -4.9 in January) and service providers (3.2 from 7.8). On the other hand, confidence improved among constructors (3.1 from 2.2) and traders (-1.4 from -6.3). Belgium Business Confidence - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Business Confidence in Belgium averaged -7.02 points from 1980 until 2020, reaching an all time high of 9.20 points in March of 2000 and a record low of -31.80 points in March of 2009. 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.

Business Confidence in Belgium is expected to be -3.50 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 -7.50 in 12 months time. In the long-term, the Belgium Business Confidence is projected to trend around -5.00 points in 2021, according to our econometric models.


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Belgium Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-2.70 -2.00 9.20 -31.80 1980 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2019-11-25 02:00 PM Nov -3.9 -4.6 -4.1 -4.4
2019-12-19 02:00 PM Dec -3.4 -3.9 -3.5 -4.5
2020-01-24 02:00 PM Jan -2 -3.4 -3 -4
2020-02-21 02:00 PM Feb -2.7 -2 -2.8 -3
2020-03-25 02:00 PM Mar -2.7 -3.5
2020-04-24 01:00 PM Apr
2020-05-25 01:00 PM May
2020-06-24 01:00 PM Jun -7.9


News Stream
Belgium Business Morale Worsens in February
Belgium business confidence decreased to -2.7 in February 2020 from -2.0 in the previous month and slightly above market expectations of -2.8. Confidence worsened among manufacturers (-5.5 from -4.9 in January) and service providers (3.2 from 7.8). On the other hand, confidence improved among constructors (3.1 from 2.2) and traders (-1.4 from -6.3).
2020-02-21
Belgium Business Morale Improves to 10-Month High
Belgium business confidence increased to -2 in January 2020 from -3.4 in December and above expectations of -3. It was the highest reading since March 2019, as sentiment improved among manufacturers (-4.9 vs -6.3 in December); service providers (7.8 vs 3.7) and traders (-6.3 vs -8.3). In contrast, confidence decreased among constructors (2.2 vs 3.8).
2020-01-24
Belgium Business Confidence at 8-Month High
Belgium business confidence increased to -3.4 in December 2019 from -3.9 in November and better than market expectations of -3.5. It was the highest reading since April, as sentiment improved among manufacturers (-6.3 vs -7.6 in November) and constructors (3.8 vs 2.1). In contrast, confidence decreased among service providers (3.7 vs 7.2) and traders (-8.3 vs -6.5).
2019-12-19
Belgium Business Confidence at 6-Month High
Belgium business confidence increased to -3.9 in November of 2019 from -4.6 in October, and above market expectations of -4.1. It was the highest reading since May, as confidence improved among manufacturers (-7.6 from -8.6 in October); traders (-6.5 from -7.8) and constructors (2.1 from 1.4). On the other hand, confidence worsened among service providers (7.2 from 7.6).
2019-11-25

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.