Webinar: Economic projections for Belgium – Autumn 2020
Channel: National Bank of Belgium
Date: 15/12/2020

According to our projections, economic activity in Belgium is set to contract by 6.7 % this year, owing to the COVID-19 pandemic. The downturn is more than three times worse than during the 2008-2009 financial crisis. The economy should rebound over the following years, but it will take almost two years to return to pre-crisis levels. The government deficit will rise to more than 10 % of GDP in 2020 and will remain structurally high.   

More info: https://www.nbb.be/en/articles/economic-projections-belgium-autumn-2020

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