Belgium's industrial production expanded 10.5 percent year-on-year in May of 2021, and was 5.2 percent higher compared to May of 2019, rising from an upwardly revised 3.7 percent increase in April over the same month in 2019, used as the official growth rate in the previous official release due to the high variability of the index in April of 2020 as a result of the pandemic. Output advanced firmly in all industrial sectors, namely manufacturing (9.9 percent over May 2020) utilities (15.9 percent) and mining & quarrying (12.0 percent). On a seasonally adjusted monthly basis, industrial production went down 2.3 percent, following a downwardly revised 5.0 percent jump in April. source: Statistics Belgium

Industrial Production in Belgium averaged 2.37 percent from 2001 until 2021, 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 July of 2021.

Industrial Production in Belgium is expected to be 5.20 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 1.90 in 12 months time. In the long-term, the Belgium Industrial Production is projected to trend around 2.90 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
10.50 28.40 28.40 -19.30 2001 - 2021 percent Monthly
2015=100, WDA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-09 09:30 AM Feb 0.1% 6.0% 1.6%
2021-05-10 09:00 AM Mar 1.7% 1.4% 2.9%
2021-06-10 10:00 AM Apr 3.6% 1.7% 15%
2021-07-09 09:30 AM May 10.5% 28.4% 6.5%
2021-08-10 09:30 AM Jun 10.5% 9.5%
2021-09-10 09:30 AM Jul
2021-10-11 09:30 AM Aug
2021-11-10 10:30 AM Sep


News Stream
Belgium Industrial Output Expands Firmly in May
Belgium's industrial production expanded 10.5 percent year-on-year in May of 2021, and was 5.2 percent higher compared to May of 2019, rising from an upwardly revised 3.7 percent increase in April over the same month in 2019, used as the official growth rate in the previous official release due to the high variability of the index in April of 2020 as a result of the pandemic. Output advanced firmly in all industrial sectors, namely manufacturing (9.9 percent over May 2020) utilities (15.9 percent) and mining & quarrying (12.0 percent). On a seasonally adjusted monthly basis, industrial production went down 2.3 percent, following a downwardly revised 5.0 percent jump in April.
2021-07-09
Belgium Industrial Output Above Pre-Pandemic Levels
Belgium's industrial production was 3.6 percent higher in April of 2021, compared to April of 2019, given the high variability of the index in 2020 as a result of the pandemic. Main upward pressure came from output of utilities (20.7 percent) and mining & quarrying (17.8 percent), with manufacturing output rising the least (1.8 percent). On a seasonally adjusted monthly basis, industrial production jumped 7.4 percent in April, following a downwardly revised 1.9 percent drop in the previous month.
2021-06-10
Belgium Industrial Output Growth Quickens in March
Belgium's industrial production grew 1.7 percent in March of 2021, after an upwardly revised increase of 1.4 percent in the previous month, as output rebounded for both manufacturing (1.1 percent vs -1.9 percent in February) and mining & quarrying (36.2 percent vs -16.5 percent). In contrast, production of electricity, gas, steam and air conditioning supply eased in comparison to the previous period (6.4 percent vs 9.0 percent). On a seasonally adjusted monthly basis, industrial production declined 4.0 percent, following a downwardly revised 3.3 percent drop in the previous month.
2021-05-10
Belgium Industrial Output Growth Flattens in February
Belgium's industrial production growth flattened at 0.1 percent in February of 2021, after an upwardly revised surge of 6.0 percent in the previous month. Output declined particularly in manufacturing (-1.9 percent vs 5.7 percent in January), and in mining & quarrying (-15.6 percent vs 1.0 percent). In contrast, production of electricity, gas, steam and air conditioning supply rose at a faster pace (7.7 percent vs 7.4 percent). On a seasonally adjusted monthly basis, industrial production dropped by 3.7 percent in February, following an upwardly revised 4.8 percent surge in the previous month.
2021-04-09

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).