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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.
Unemployment rate
3-year average, in %
Source: Eurostat, Macroeconomic Imbalances Procedure.
Description: the unemployment rate is the number of unemployed persons as a percentage of the labour force based on International Labour Office (ILO) definition. The labour force is the total number of people employed and unemployed. In the Alert Mechanism Scoreboard, the indicator is the 3 year backward moving average (average of t-2, t-1 and t). The threshold is 10%.
Unit: 3-year average, %
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