Belgium's industrial production decreased 4.6 percent from a year earlier in December 2020, sliding from an upwardly revised 0.2 percent gain in the previous month. It is the worst contraction in industrial production since August, dragged by a relapse in manufacturing activity (-4.16 percent vs 1.23 percent in November) and further contraction in mining and quarrying output (-3.2 percent vs -0.81 percent). Meanwhile, electricity, gas, steam and air conditioning supply fell at a slower pace (-6.87 percent vs -7.63 percent). On a seasonally adjusted monthly basis, industrial production decreased 1.9 percent in December, from a downwardly revised 2.8 percent drop in the previous month. source: Statistics Belgium

Industrial Production in Belgium averaged 2.32 percent from 2001 until 2020, reaching an all time high of 18.70 percent in January of 2001 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 March 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. Looking forward, we estimate Industrial Production in Belgium to stand at 5.20 in 12 months time. In the long-term, the Belgium Industrial Production is projected to trend around 5.20 percent in 2022 and 2.50 percent in 2023, according to our econometric models.

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Belgium Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-4.60 0.20 18.70 -19.30 2001 - 2020 percent Monthly
2015=100, WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-10 10:30 AM Sep -4.6% -6.2% -6.9%
2020-12-10 10:30 AM Oct 5.4% -4.6% -5.3%
2021-01-11 11:30 AM Nov -0.4% 5.4% 2.2%
2021-02-10 10:30 AM Dec -4.6% 0.2% 1.2%
2021-03-10 10:30 AM Jan -4.6% -0.8%
2021-04-09 09:30 AM Feb
2021-05-10 09:30 AM Mar
2021-06-10 09:30 AM Apr


News Stream
Belgium Industrial Production Shrank 4.6% in December
Belgium's industrial production decreased 4.6 percent from a year earlier in December 2020, sliding from an upwardly revised 0.2 percent gain in the previous month. It is the worst contraction in industrial production since August, dragged by a relapse in manufacturing activity (-4.16 percent vs 1.23 percent in November) and further contraction in mining and quarrying output (-3.2 percent vs -0.81 percent). Meanwhile, electricity, gas, steam and air conditioning supply fell at a slower pace (-6.87 percent vs -7.63 percent). On a seasonally adjusted monthly basis, industrial production decreased 1.9 percent in December, from a downwardly revised 2.8 percent drop in the previous month.
2021-02-10
Belgium Industrial Output Rebounds in October
Belgium's industrial production increased 5.4 percent from a year earlier in October 2020, rebounding from a 4.6 percent contraction in the previous month, boosted by both manufacturing activity (7.5 percent vs -3.1 percent in September) and mining and quarrying output (1.7 percent vs -1.6 percent). Meanwhile, electricity, gas, steam and air conditioning supply continued to fall (-14.8 percent vs -17.7 percent). On a seasonally adjusted monthly basis, industrial production jumped 6.9 percent in October.
2020-12-10

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).