Belgium's industrial production growth slowed to 4.8 percent from an upwardly revised 7.9 percent in the previous month, due to a slowdown in manufacturing (2.1 percent vs 3.2 percent) and utilities (38.8 percent vs 73.8 percent) and a decline in mining (-2.7 percent vs -1.3 percent). On the other hand, water collection rose faster (2.5 percent vs 1.6 percent). On a monthly basis, industrial production fell 1.8 percent, after a 1.0 percent drop in September. Industrial Production in Belgium averaged 2.57 percent from 2001 until 2019, reaching an all time high of 18.40 percent in January of 2001 and a record low of -16.40 percent in April of 2009. source: Statistics Belgium

Industrial Production in Belgium is expected to be 5.10 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 4.70 in 12 months time. In the long-term, the Belgium Industrial Production is projected to trend around 2.50 percent in 2020, according to our econometric models.

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Belgium Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
4.80 7.90 18.40 -16.40 2001 - 2019 percent Monthly
2015=100, WDA



Calendar GMT Actual Previous Consensus TEForecast
2019-09-25 09:30 AM Jul 2.4% 4.2% 3.1%
2019-10-25 09:30 AM Aug 0.2% 2.6% 3.6%
2019-11-25 10:15 AM Sep 6.0% 3.8% 1.4%
2019-12-23 10:30 AM Oct 4.8% 7.9% 6.7%
2020-01-30 10:30 AM Nov 4.8% 3%


News Stream
2019-11-25
Belgium Industrial Output Grows Further in September
Belgium's industrial production growth accelerated to 6.0 percent in September 2019 from 3.8 percent in the previous month, boosted by manufacturing (2.1 percent vs -0.4 percent) and electricity, gas, steam and air conditioning supply (61.2 percent vs 48.3 percent). Meanwhile, water collection, treatment and supply rose at a softer pace (0.3 percent vs 4.0 percent) while mining and quarrying continued to contract (-3.5 percent vs -12.9 percent). On a seasonally adjusted monthly basis, industrial output dropped 1.8 percent, after a revised 5.6 percent growth in August.

2019-09-25
Belgium Industrial Output Rises the Least in 9 Months
Industrial production in Belgium increased 2.4 percent year-on-year in July of 2019, easing from a downwardly revised 4.2 percent rise in the previous month. It was the lowest annual gain in industrial activity since October of 2018, as output slowed for manufacturing (0.4 percent from 2.8 percent in June) and water collection, treatment and supply (0.6 percent from 2.9 percent). On the other hand, production advanced faster for electricity, gas, steam & air conditioning supply (23 percent from 22.9 percent) and rebounded for mining & quarrying (2.7 percent from -13.7 percent). On a seasonally adjusted monthly basis, industrial production slumped 6.5 percent, down from a downwardly revised 4.1 percent jump in June.

2019-08-23
Belgium Industrial Production Rises at Faster Rate
Belgium's industrial production growth picked up to 5.6 percent year-on-year in June 2019 from a downwardly revised 4.7 percent in the previous month, as utilities output jumped 38.1 percent (vs 23.8 percent in May) and manufacturing production increased 3.2 percent (the same pace as in May). Meanwhile, water collection, treatment and supply rose at a softer rate (2.5 percent vs 4.9 percent) while mining output continued to contract (-16.3 percent vs -4.0 percent). On a seasonally adjusted basis, industrial output climbed 5.4 percent, reversing a 1.1 percent fall in May.

2019-07-25
Belgium Industrial Output Slows to 5.4% in May
Industrial production in Belgium increased 5.4 percent year-on-year in May of 2019, easing from an upwardly revised 7.5 percent rise in the previous month. Output advanced at a softer pace for manufacturing (4.1 percent from 6.4 percent in April) and water supply (3.0 percent from 9.8 percent). Meantime, production went up faster for electricity, gas, steam & air conditioning supply (22.0 percent from 21.0 percent) while it fell further for mining & quarrying (-3.9 percent from -0.3 percent). On a monthly basis, industrial production decreased 1.1 percent, down from an upwardly revised 3.2 percent.

2019-06-25
Belgium Industrial Output Growth at 1-1/2-Year High
Industrial production in Belgium surged 7.2 percent year-on-year in April of 2019, recovering from a downwardly revised 0.5 percent fall in the previous month. It was the highest annual gain in industrial activity since November of 2017, as output rebounded sharply for manufacturing (6.6 percent from -0.4 percent in March); electricity, gas, steam & air conditioning supply (15.6 percent from -1.7 percent) and water supply (5.1 percent from -5.3 percent). On the other hand, mining & quarrying production slumped 6.8 percent, faster than a 5.2 percent drop in the prior month. On a seasonally adjusted monthly basis, industrial production advanced 2.8 percent, after declining 1.9 percent in March.

2019-05-24
Belgium Industrial Output Falls the Most in 6 Months
Industrial production in Belgium shrank 0.8 percent year-on-year in March of 2019, following a downwardly revised 5.9 percent rise in the prior month. It was the largest decline in industrial activity since last September, as output fell for mining & quarrying (-10.2 percent vs 4.1 percent in February); electricity, gas, steam & air conditioning supply (-7.7 percent, the same pace as in the prior month) and water supply (-5.8 percent vs -5.3 percent). At the same time, manufacturing output growth stalled (from 7.6 percent in February). On a seasonally adjusted monthly basis, industrial production fell 2.5 percent, after being unchanged in the previous month.


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).

Belgium Business Last Previous Highest Lowest Unit
Business Confidence -3.40 -3.90 9.20 -31.80 points [+]
Industrial Production 4.80 7.90 18.40 -16.40 percent [+]
Industrial Production Mom -1.80 -1.00 11.90 -9.20 percent [+]
Manufacturing Production 2.10 3.20 21.80 -18.90 percent [+]
Capacity Utilization 80.00 80.80 85.00 69.70 percent [+]
Bankruptcies 745.00 930.00 1322.00 262.00 Companies [+]
Car Registrations 33467.00 34574.00 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 -2.70 -1.30 68.80 -41.40 percent [+]
Steel Production 682.00 620.00 1488.00 237.00 Thousand Tonnes [+]
Changes In Inventories 2003.00 2093.00 2379.00 -1451.00 EUR Million [+]
Competitiveness Index 76.38 76.61 76.61 5.05 Points [+]
Competitiveness Rank 22.00 21.00 24.00 15.00 [+]
Corruption Index 75.00 75.00 77.00 52.50 Points [+]
Corruption Rank 17.00 17.00 29.00 15.00 [+]
Ease of Doing Business 46.00 45.00 52.00 20.00 [+]
Electricity Production 8404.00 8641.00 8641.00 4047.00 Gigawatt-hour [+]