Consumer confidence indicator in Belgium in 2018-2023, by region

This statistic shows the consumer confidence indicator in Flanders, Wallonia and the Brussels Capital Region from January 2018 to September 2023. Every month, a completely different representative sample of 1,850 people is questioned about the macroeconomic situation in Belgium and their own financial position and consumer behavior. The sample is representative for the geographic, social and demographic differences in Belgium. Macroeconomic questions on unemployment and the Belgian economy, and personal questions about the financial position of the household and the savings of the household are used to calculate the consumer confidence indicator. Overall, the consumer confidence in the Flemish region is higher than that of the Walloon and Brussels Capital region.

A consumer confidence indicator characterizes the general opinion of consumers in a defined period and is designed to show how optimistic or pessimistic consumers feel about the financial situation of households and how various factors, such as unemployment or savings expectations, affect their future behavior. Respondents are asked questions in a survey, with both positive and negative answers being possible. The number of positive and negative answers to each of the questions are totaled, leading to the indicator.