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Belgian economy grew by 0.2% in the second quarter of 2024
Real gross domestic product (GDP), adjusted for seasonal and calendar effects, was up 0.2% in the second quarter of 2024 from the previous quarter.
![QNA_2024Q2](https://www.nbb.be/sites/nbb.be/files/styles/feature_small/public/media/qna_2024q2_spotlight.jpg?itok=uFvHHH6j)
Results of the business confidence and credit conditions surveys
The business barometer has displayed minor fluctuations in recent months, with a slight dip in sentiment this month. General conditions to access bank credit eased for the third quarter in a row.
![spotlight](https://www.nbb.be/sites/nbb.be/files/styles/feature_small/public/media/spotlight_66.jpg?itok=77KX1dvN)
Consumer confidence bounces back slightly in August
Consumers were more optimistic about the economic situation in Belgium. Households expect to see a modest improvement in their financial situation and intend to save more.
![spotlight](https://www.nbb.be/sites/nbb.be/files/styles/feature_small/public/media/spotlight_65.jpg?itok=PruUg10N)
Clear improvement in the balance of trade in the first half of 2024
Imports fell by more than exports, particularly chemicals, pharmaceuticals and mineral products. The balance of trade in transport equipment also improved, owing to the sale of several ships.
![331838272](https://www.nbb.be/sites/nbb.be/files/styles/feature_small/public/media/331838272.jpg?itok=q3677-9d)
The Belgian economy grew in the second quarter of 2024
Gross domestic product (GDP) climbed by 0.2% quarter-on-quarter. The year-on-year growth rate was 1.1 %. Value added fell in the manufacturing industry, while the building industry and services sector recorded growth.
![man scanning products in warehouse - 156865769](https://www.nbb.be/sites/nbb.be/files/styles/feature_small/public/media/156865769.jpg?itok=mz16wYXf)
Investment funds enjoy robust growth, driven mainly by positive valuation effects.
During the first quarter of 2024, shares issued by Belgian funds markedly increased in value, reaching €244.7 billion. Belgian households invested relatively more in shares issued by domestic funds (76% of purchases) than by foreign funds.
![Organismes de placement collectifs](https://www.nbb.be/sites/nbb.be/files/styles/feature_small/public/media/spotlight_260724_04_beleggingsfondsen.jpg?itok=RmDGddgj)
- 16 September 2024 11:00
Press release - Foreign Trade Statistics (F-N) (2024-06)
- 16 September 2024 11:00
Foreign Trade Statistics - Monthly Bulletin (F-N) (2024-06)
- 20 September 2024 11:00
Press release - Consumer confidence indicator (2024-09)
- 24 September 2024 15:00
Press release - Business confidence indicator (2024-09)
- 30 September 2024 11:00
Press release - Net international investment position and balance of payments financial account (2024-II)
- 11 October 2024 11:00
Press release - Financial accounts of Belgium (2024-II)
- 15 October 2024 11:00
Press release - Foreign Trade Statistics (F-N) (2024-07)
- 15 October 2024 11:00
Foreign Trade Statistics - Monthly Bulletin (F-N) (2024-07)
- 18 October 2024 11:00
Press release - NAI - Detailed annual accounts and tables (2023)
- 18 October 2024 11:00
National accounts - Detailed annual accounts and tables (F-N) (2023)