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The Federal Planning Bureau (FPB) is a public agency. The FPB makes studies and projections on economic, social and environmental policy issues and on their integration within the context of sustainable development. For that purpose, the FPB collects and analyses data, explores plausible evolutions, identifies alternatives, evaluates the impact of policy measures and formulates proposals. Government, parliament, social partners and national and international institutions appeal to the FPB's scientific expertise. The FPB provides a large diffusion of its activities. The public is informed of the results of its research activities, which contributes to the democratic debate.

News

  • NAM Multipliers 2010 (19/05/2016)

    This new database presents output, factor income, household disposable income and employment multipliers for 2010. They are derived from a model based on a National Accounting Matrix (NAM) and include, in addition to upstream effects through the purchase of intermediate inputs, induced effects through household income and consumption.

  • Recrutement d’un macro-économiste (H/F) pour un contrat à durée indéterminée (04/05/2016)

    Dans le cadre de ses activités sur le thème des perspectives macroéconomiques, le Bureau fédéral du Plan recrute un expert contractuel à durée indéterminée pour accomplir les tâches suivantes:

    • collaborer à lʹélaboration des études et des perspectives macro‐économiques;
    • collaborer au développement des dimensions régionales de ces perspectives.
  • Consumer Price Index & Inflation forecasts (03/05/2016)

    Monthly evolution of the consumer price index and of the so-called health index, which is used for the price indexation of wages, social benefits and house-rent.

  • L’économie belge : des liens interrégionaux étroits mis en évidence (29/04/2016)

    Cette étude présente les résultats d’analyses basées sur le tableau input-output interrégional de la Belgique pour l’année 2010. Ce tableau a été construit en 2015 par le Bureau fédéral du Plan (BFP), dans le cadre d’une convention conclue avec les autorités statistiques des trois Régions (IBSA, SVR et IWEPS). Ce projet a permis d’estimer, pour la première fois, les flux intrarégionaux et interrégionaux de biens et de services en Belgique, basés davantage sur des données (y compris des données individuelles d’entreprises) et donc moins sur des hypothèses.

  • Afflux de réfugiés : hausse de la croissance démographique à court terme (14/03/2016)

    Le Bureau fédéral du Plan et la Direction générale Statistique ont mis à jour leurs perspectives démographiques. La population augmenterait d’environ 85 000 habitants en 2016 et en 2017. La moitié de cette croissance s’explique par le flux additionnel de réfugiés. Bien qu’étant important, ce niveau d’augmentation de la population n’est pas exceptionnel ; de tels niveaux ont déjà été observés dans un passé récent, notamment entre 2007 et 2011. À long terme, la croissance moyenne de la population entre 2020 et 2060 serait de 40 000 habitants par an (pour 50 000 habitants sur la période 1991-2014).

  • Les charges administratives en Belgique en 2014 (08/03/2016)

    À la demande du gouvernement et en collaboration avec l’Agence pour la simplification administrative (ASA), le Bureau fédéral du Plan a estimé le coût des charges administratives pesant sur les entreprises et les indépendants belges pour l’année 2014. Il s’agit de la huitième enquête bisannuelle réalisée selon la même procédure depuis 2000. Les domaines réglementaires couverts par l’enquête sont la fiscalité, l’emploi et l’environnement. En plus de la dimension quantitative, l’enquête contient aussi un important volet qualitatif permettant de rendre compte de l’opinion des entreprises et des indépendants sur la problématique des charges administratives.

Quick access

Consumer price index & Inflation forecasts

Monthly evolution of the consumer price index and of the so-called health index, which is used for the price indexation of wages, social benefits and house-rent. (Last update : 03/05/2016)

Indicators

To evaluate the current state of the Belgian economy, the FPB regularly updates a series of indicators. The indicators concern the macro-economic stance of the economies of Belgium, its three neighbouring countries and the euro area, as well as the transport industry.(Last update : 19/05/2016)

  • Analyses of the interregional input-output table for the year 2010 (29/04/2016)

    This working paper presents two analytical applications based on the interregional input-output (IO) table for Belgium for the year 2010. The Federal Planning Bureau constructed this table in 2015 in cooperation with the statistical authorities of the country’s three Regions (IBSA, SVR and IWEPS). The following standard IO analyses based on applying the Leontief model to the interregional IO table are presented here: the derivation of multipliers for each region and the estimation of regional value added and regional employment generated by domestic final demand and exports.

  • Improving the Stability and Growth Pact by integrating a proper accounting of public investments: a new attempt (21/01/2016)

    Improving the functioning of the Stability and Growth Pact (SGP) is back on the agenda, especially as the decline in public investment resulting from fiscal adjustment processes implemented according to the current Pact rules is seen as a brake on future economic growth. When discussions about a Pact revision in 2005 were under way, several major authors (for instance: Blanchard and Giavazzi in CEPR February 2004) suggested reverting to a golden rule under which the deficit would exclude investment expenditure, net of amortization. The Pact was revised in 2005 but this proposal was not adopted. This paper presents a new attempt to integrate a proper accounting of investment into the Pact by modifying the formula of the MTO (Medium Term Objective for the budget balance), without losing the other dimensions of the present formula: the partial provisioning of the so-called cost of ageing and the accelerated debt reduction for highly indebted countries. In this way, the public investment programme becomes a centrepiece of the structural policy of a government and not the first instrument of a cyclical policy.

  • The relationship between unemployment duration and education - The case of school leavers in Belgium (05/01/2016)

    In this study, we investigate the exit rates from unemployment associated with different levels of education in Belgium during two periods characterised respectively by high (2002-2007) and low economic growth (2009-2014). Our estimated exit probabilities confirm that the chances of leaving unemployment are substantially higher for young unemployed who have followed post-secondary education. Moreover, the probabilities of leaving unemployment for low- and medium-skilled school leavers considerably deteriorated between the two periods. On the one hand, the penalty associated with lower education slightly increased while, on the other hand, the advantage associated with postgraduate tertiary education reinforced itself. Finally, our results show considerable heterogeneity according to region of residence and gender.

  • Fuel excise reform in Belgium - Long term effects on the environment, traffic and public finance (08/12/2015)

    This paper seeks to analyze the long term effects on traffic, environmental quality and public finance of the planned reform of fuel excise duties in Belgium. In the framework of a large scale tax reform, the Belgian federal government will implement an equalization of diesel and petrol excise rates over the 2016-2018 period.

  • An estimation method for the cyclical and structural components of the variation in the debt ratio (09/11/2015)

    This study presents a method for decomposing the annual variation of the debt ratio among the cyclical, structural and one-off components, thus making it possible to identify the structural conditions for a positive or negative snowball effect. The study shows that the cyclical component may be significant and, depending on the year, partially hide the structural component of the endogenous debt development. The method differs from the European Commission method for estimating a cyclically-adjusted debt. Compared with it, our method estimates a cyclical component that is better correlated with the level and variation of the output gap. Finally, the study discusses the advisability and feasibility of taking into account equilibrium inflation and interest rate in the approach.

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