As of 2023, Belgium's manufacturing production value stood at 270.85 billion euros. The forecasted data shows a continuous annual increase in production value from 2024 to 2028: 274.08 billion euros in 2024, 277.49 billion euros in 2025, 280.86 billion euros in 2026, 284.2 billion euros in 2027, and 287.51 billion euros in 2028.
Year-on-year variations:
- 2024: +1.19%
- 2025: +1.25%
- 2026: +1.22%
- 2027: +1.19%
- 2028: +1.17%
The compound annual growth rate (CAGR) over the 5-year period from 2024 to 2028 is approximately 1.2%.
Future trends to watch for include potential impacts of technological advancements, regulatory changes, and global economic conditions on manufacturing productivity and capacity, as well as shifts in demand for manufactured goods both domestically and internationally.
