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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.

 Indicators : Youth unemployment rate, 3 year change

The chart will appear within this DIV.

Youth unemployment rate

% of active population aged 15-24, 3 year change in percentage points

 20162017201820192020202120222023
Belgium-3.6-4.0-6.5-5.8-3.52.21.90.2
Netherlands-2.1-3.4-3.6-3.60.20.4-0.9-2.4
France-0.4-2.2-4.1-5.3-2.0-3.1-3.4-4.3
Germany-0.8-1.1-1.1-1.30.80.4-0.2-2.1
Austria1.7-0.5-1.3-2.91.21.00.4-1.3

Source: Eurostat, Macroeconomic Imbalances Procedure.

 

Description: The youth unemployment rate is the unemployment rate of people aged 15 - 24 as a percentage of the labour force of the same age. The unemployment rate is the number of unemployed persons as a percentage of the economically active population (the total number of people employed and unemployed = labour force) based on International Labour Office (ILO) definition. Unemployed persons comprise persons aged 15 to 74 who fulfil all the three following conditions: are without work during the reference week; are available to start work within the next two weeks and have been actively seeking work in the past four weeks or have already found a job to start within the next three months. This indicator is included in the Alert Mechanism Scoreboard with an indicative threshold of 2.0 pp.

Unit: 3 year change in percentage points

Source: Eurostat, Macroeconomic Imbalances Procedure.

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