Macro - Country Economic Forecasts - Belgium

Macro - Country Economic Forecasts - Belgium



We forecast the Belgian economy will grow by 1.1% this year and 1.5% next, as the impact of monetary policy unwinds and manufacturing recovers. We expect inflation will average 3.0% in 2024 and 1.8% in 2025, thanks to lower international energy prices and easing underlying inflationary pressures.


Belgium: The temporary rise in inflation won't last
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Policy and politics

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