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.