Industry Sector Contribution to GDP in Belgium (1990-2022)

Belgium’s industry sector contribution has experienced a steady decline since the mid-1990s, from 26% in 1995 to 20% in 2022. This gradual decrease aligns with the country's shift towards a service-oriented economy, along with declining European manufacturing competitiveness in certain sectors. The 2008 financial crisis accelerated this trend, with the industry share falling to 20.6% by 2009 and continuing to decline in the following years. The sector’s contributions reached a low of 18.9% in 2018, stabilizing around 19-20% in recent years due to resilient sectors like chemicals and pharmaceuticals. Belgium’s industry landscape now reflects a transition towards specialized, high-value industries within the EU market.