FX.co ★ Belgium GDP Grows 1% in 2025

Belgium’s economy expanded by 1% in 2025, slightly below the 1.1% growth rate recorded in 2024. Performance varied significantly across sectors: value added increased by just 0.2% in industry, by a stronger 3.7% in construction, and by 0.9% in services.

Domestic demand provided key support. Household consumption rose by 1.7%, bolstering overall activity, while business investment grew by 2.8%, indicating robust corporate spending. By contrast, housing investment plunged by 8.7%, underscoring persistent weakness in the property market. Government consumption increased by 1.5%, but public investment contracted by 2.5%.

External trade acted as a drag on growth. Exports declined by 0.6%, outpacing the 0.2% drop in imports. Consequently, net exports subtracted 0.3 percentage points from GDP growth in 2025.