Belgium: real estate activities industry turnover 2022

The turnover of the real estate industry in Belgium increased by 2.4 billion euros (+14.74 percent) in 2022 in comparison to the previous year. Therefore, the turnover in Belgium reached a peak in 2022 with 18.6 billion euros.
Turnover is defined by Eurostat as the total of all sales (excluding VAT) of goods and services carried out by the enterprises of a given sector during the reference period.

Find more statistics on the real estate industry in Belgium with key insights such as personnel costs and number of employees.

Annual turnover of the real estate activities industry in Belgium from 2013 to 2022 (in million euros)

Characteristic	Annual turnover in million euros
2022p	18,587.92
2021	16,200.22
2020	14,082.3
2019	15,812.5
2018b	13,914.2
2017	14,401.7
2016	13,545
2015	12,552.8
2014	11,531.4
2013	10,771.2

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Release date

March 2024

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Region

Belgium

Survey time period

2013 to 2022

Supplementary notes

b: Break in time series.
p: Provisional value.
The source adds the following information: Turnover corresponds to market sales of goods or services supplied to third parties, it includes all duties and taxes on the goods or services invoiced by the unit with the exception of the VAT invoiced by the unit to its customer and other similar deductible taxes directly linked to turnover, it also includes all other charges (transport, packaging, etc.) passed on to the customer.
Data coverage corresponds to Section L of CE Rev2.

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