Europe · World Bank + FRED data · updated Sep 28, 2026

Belgium economy forecast

For 2026 the model expects inflation of 2.5%, GDP growth of 1.9% and unemployment of 6.0% in Belgium.

Inflation

CPI, annual %

2.5%

2026 forecast

Latest · 2025: 2.5%■ 0.0 pp

GDP growth

Annual %

1.9%

2026 forecast

Latest · 2025: 1.0%▲ +0.9 pp

Unemployment

% of labor force, ILO modeled

6.0%

2026 forecast

Latest · 2025: 5.9%▲ +0.1 pp

GDP per capita

Current US$

$62,629

2026 forecast

Latest · 2025: $60,750▲ +3.1%

Population

Population, total

12.03M

2026 forecast

Latest · 2025: 11.94M▲ +0.7%

USD/EUR

EUR per 1 USD

0.8897

in 12 months

Last close · Sep 25, 2026: 0.8772▲ +1.4%

Belgium at a glance, 2026–2028

IndicatorLatest202620272028
Inflation2.5% 20252.5%2.5%2.5%
GDP growth1.0% 20251.9%1.9%1.9%
Unemployment5.9% 20256.0%6.1%6.2%
GDP per capita$60,750 2025$62,629$62,934$62,191
Population11.94M 202512.03M12.10M12.17M

Medians; each indicator's page shows its 80% range and backtest.

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Statistical model, not financial advice. Forecasts are automatic outputs of TimesFM 2.5 on public data; outcomes land outside the 80% range about one time in five.