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The Belgian economy’s gross domestic product (GDP) expanded by 1.5 % in volume terms in 2018, after having risen by 2 % in 2017.

This year, the national accounts were revised in depth, in line with the European practices. This is a methodological revision, that has an impact on GDP and other economic indicators from 1995 onwards.

GDP revision

Governor Pierre Wunsch spoke at the annual congress of BZB-Fedafin, the association of intermediaries in banking and investment services, insurance and credit, about the financial landscape in Belgium and the main challenges for the sector. 

Speech

The economic importance of the Belgian ports - Flash estimate 2018

The European System Risk Board (ESRB) urges our country to take measures to prevent medium-term risks in the mortgage market. According to the ESRB, the risks of overheating have increased and it is therefore necessary to impose binding measures on the banks and insurance companies in Belgium. The National Bank has already anticipated this recommendation. Read the  ESRB report on Belgium and the reaction of the Governor.

house for sale

The decrease in interest rates has created favourable financing conditions for Belgian public debt, which remains high. The lengthening of debt maturity has reduced risks.

Public debt

The Business Cycle Monitor (BCM) includes an estimate of economic growth in the current quarter (also referred to as a nowcast), about seven to eight weeks before the first official NAI quarterly statistics are available.

Business Cycle Monitor

BCM
  • Press release - Consumer confidence indicator (2019-10)

  • Press release - Business confidence indicator (2019-10)

  • Economic indicators for Belgium (2019-43)

  • Press release - NAI - Quarterly sector accounts (2019-II)

  • Press release - NAI - Flash estimate and quarterly accounts (2019-III)

  • National accounts - Quarterly accounts (F-N) (2019-II)

  • National accounts - Quarterly sector accounts (F-N) (2019-II)

  • Economic indicators for Belgium (2019-44)

  • Economic indicators for Belgium (2019-45)

  • Foreign Trade statistic - Monthly Bulletin (F-N) (2019-08)

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