Belgian Economy To Lose Momentum In 2024 As Fixed Investment Drags On Growth
Country Risk / Belgium / Tue 30 Apr, 2024
- We continue to forecast a slowdown in Belgian GDP growth from 1.4% in 2023 to 1.1% in 2024 after growth was unchanged in Q124 at 0.3% q-o-q.
- We expect private consumption to remain the key driver of economic growth in 2024, adding 0.5pp to the headline figure, while a larger contraction in imports drives net trade support.
- We expect the still tight