Business Confidence in Belgium decreased to -16.60 points in November from -15.50 points in October of 2022. source: National Bank of Belgium

Business Confidence in Belgium averaged -6.90 points from 1980 until 2022, reaching an all time high of 10.10 points in July of 2021 and a record low of -36.10 points in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.

Business Confidence in Belgium is expected to be -18.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Business Confidence is projected to trend around 3.40 points in 2023 and 4.00 points in 2024, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Belgium Business Confidence

Calendar GMT Actual Previous Consensus TEForecast
2022-10-25 01:00 PM Oct -15.5 -11.8 -14.5
2022-11-24 02:00 PM Nov -16.6 -15.5 -14.7
2022-12-23 02:00 PM Dec -16.6

Related Last Previous Unit Reference
Business Confidence -16.60 -15.50 points Nov 2022
Capacity Utilization 77.20 80.70 percent Dec 2022
Changes in Inventories 6517.00 8284.00 EUR Million Jun 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-16.60 -15.50 10.10 -36.10 1980 - 2022 points Monthly

News Stream
Belgium Business Barometer at Over 2-Year Low
The business confidence barometer in Belgium fell to -15.5 in October from -11.8 in the prior month, the lowest reading since June of 2020 as soaring energy prices and rising interest rates continue to hamper sentiment. Confidence deteriorated sharply for the manufacturing industry (-19.7 vs -13.9 in September), largely due to worsening order book levels (-25.2 vs -23), demand expectations (-20.2 vs -17.8) and employment expectations (-15.5 vs -5.3). Greater pessimism also prevailed for the building industry due to poorer demand expectations (-19.9 vs -13.1).
Belgium Business Morale at 22-Month Low
The business confidence barometer in Belgium fell to -11.8 in September from -5.8 in the prior month, the lowest reading since November of 2020 and well below market expectations of -8.3. Sentiment deteriorated sharply for trade (-24.1 vs -11.9 in August), amid lower demand expectations (-35.4 vs -15.2) and intentions of placing orders (-32 vs -22.6). Pessimism also increased for the manufacturing industry (-13.9 vs -7.2), business related services (-4.5 vs 2.1) and in the building industry (-6 vs -5.6).
Belgium Business Morale at 17-Month Low
The business confidence barometer fell to -2.8 in July of 2022 from -1.8 in the prior month, the lowest reading since February 2021. Sentiment deteriorated sharply for trade (-16.5 vs -10.7 in June), due to lower demand expectations, and business-related services (4.4 vs 8.5), pressured by lower activity expectations. On the other hand, sentiment improved for the manufacturing industry (-2.6 vs -3), amid a higher assessment of total order books.