Key Market Indicators
Belgian manufacturing output is projected to climb to €340 billion by 2028, up from approximately €326 billion in 2023. This represents an average annual growth rate of 0.7%. Since the year 2000, Belgium's manufacturing supply has expanded at an annual rate of 6.5%, underscoring a steady upward trajectory. In the global ranking for 2023, Belgium secured the 10th position. Ireland, with a manufacturing output matching Belgium's €326 billion, edged ahead. Meanwhile, Italy, France, and Spain occupied the second, third, and fourth places, respectively, in the ranking.
