Belgium Industrial Production

Year-on-year change in the volume of industrial output (mining, manufacturing, utilities).

Industrial Production in Belgium decreased to -5.60 percent in Jul 2026 from -3.51 percent in Jun 2026.

-5.6%
▼ −2.1 ppJul 2026 · previous -3.5%Monthly · percent · Source: OECD — Organisation for Economic Co-operation and Development

Belgium Industrial Production — History

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Belgium Industrial Production — analysis in simple words

Latest reading

Industrial Production in Belgium decreased to -5.60 percent in Jul 2026 from -3.51 percent in Jun 2026.

Over the last three months it rose once and fell twice.

Recent trend

A year earlier (Jul 2025) it was -0.5%, so the latest figure is 5.1 percentage points lower.

Over the past five years the average was 0.3%, with a range from -17.5% to 32.2%. The latest value is below that five-year average.

Historical context

This data series starts in Jan 1956 and has 847 monthly observations. The latest reading is higher than 8% of all of them.

The highest value on record is 52.5% (Jun 2021) and the lowest is -20.6% (Apr 2020). The long-run average is 2.7%.

Compared with other countries

Among 39 economies with recent data, Belgium ranks 37th from the top. The median across all these economies is 1.3%, so Belgium is below the typical country.

Within Europe & Central Asia (29 economies with data) it ranks 27th; the regional median is 1.2%.

Statistics

Latest
-5.6%Jul 2026
Previous
-3.5%
5-year average
0.3%
Long-run average
2.7%since Jan 1956
All-time high
52.5%Jun 2021
All-time low
-20.6%Apr 2020
Observations
847Monthly

Recent Data

PeriodValueChange
Jul 2026-5.6%▼ −2.1 pp
Jun 2026-3.5%▼ −6.8 pp
May 20263.3%▲ +2.6 pp
Apr 20260.7%▲ +2.2 pp
Mar 2026-1.5%▼ −3.4 pp
Feb 20261.9%▼ −0.7 pp
Jan 20262.6%▼ −9.4 pp
Dec 202512.0%▲ +8.5 pp
Nov 20253.5%▲ +2.4 pp
Oct 20251.0%▼ −1.2 pp
Sep 20252.2%▲ +2.3 pp
Aug 2025-0.1%▲ +0.4 pp
Jul 2025-0.5%▼ −3.1 pp
Jun 20252.6%▲ +12.6 pp
May 2025-10.0%▼ −10.5 pp
Apr 20250.6%▲ +1.4 pp
Mar 2025-0.9%▼ −1.9 pp
Feb 20251.0%▲ +2.1 pp
Jan 2025-1.1%▲ +13.4 pp
Dec 2024-14.6%▼ −12.5 pp
Nov 2024-2.0%▲ +3.2 pp
Oct 2024-5.3%▼ −7.6 pp
Sep 20242.4%▼ −0.7 pp
Aug 20243.1%▲ +2.3 pp
Jul 20240.8%▲ +3.8 pp
Jun 2024-3.1%▼ −4.7 pp
May 20241.6%▼ −0.9 pp
Apr 20242.5%▲ +9.3 pp
Mar 2024-6.8%▲ +1.0 pp
Feb 2024-7.8%

Industrial Production — Belgium vs Peers

Latest available reading for each economy (periods may differ). Belgium highlighted.

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More Belgium indicators

Understanding Industrial Production — a simple guide

What it measures

The year-on-year change in the volume of output from factories, mines and utilities (electricity, gas, water).

How it is calculated

Industrial production index (volume, seasonally adjusted) this month ÷ the same month last year − 1, × 100.

Simple example

If the index is 155.7 now and was 150.0 a year ago, industrial production grew 3.8%.

▲ When it is high or rising

Rising output signals strong demand for goods.

▼ When it is low or falling

Falling output often signals weakening demand or supply problems.

Why it matters for the economy and markets

Industrial production is one of the earliest monthly signals of how the economy is doing and moves closely with the business cycle.

How to read it

It can swing sharply from month to month; look at the trend over several months. Negative readings for several months often accompany a slowdown in manufacturing.

What to look at alongside it

Business confidence, GDP growth and exports.

Key terms

IIP
Index of Industrial Production — India’s name for this measure.
Volume index
An index that tracks quantities produced, not prices.

Data source

OECD — Organisation for Economic Co-operation and Development (series OECD industrial production (B-E)), monthly data from Jan 1956 to Jul 2026. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current industrial production of Belgium?
Belgium industrial production was -5.6% in Jul 2026, compared with -3.5% in the previous period, according to OECD — Organisation for Economic Co-operation and Development.
What is the highest and lowest industrial production of Belgium?
Since Jan 1956, the highest reading was 52.5% (Jun 2021) and the lowest was -20.6% (Apr 2020).
What does industrial production measure?
The year-on-year change in the volume of output from factories, mines and utilities (electricity, gas, water).

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.