The last five databases
The FPB’s studies cover 11 main themes: Energy, Environmental economic accounts and analyses, International economy, Labour market, Macroeconomic forecasts and analyses, Public finances, Sectoral accounts and analyses, Social protection, demography and prospective studies, Structural studies, Sustainable development, Transport.
A macro-economic analysis of the activity of multinational groups is of particular interest for economic policy in a country like Belgium with a longstanding tradition of openness to foreign investment. This working paper combines a database of enterprise groups that are active in Belgium with industry-level data from the national accounts to show that multinational groups play an important role in the Belgian economy. Together, foreign affiliates and firms that are part of a Belgian multinational group account for more than 40% of GDP, 25% of total employment and 75% of exports.
Within the framework of the National Accounts Institute (NAI), the FPB is responsible for drawing up the five-yearly input-output tables (IOT) for Belgium. These tables constitute the framework of the national accounts, along with the supply and use tables (SUT), from which they are derived, and the institutional sector accounts. In addition to these legal requirements, the FPB is working on different projects aimed at extending the input-output tables to integrate a regional or social dimension.
Input-output tables provide detailed and consistent information on production activities and transactions in products of the Belgian economy: structure of production costs, flows of goods and services produced in Belgium and flows of goods and services with the rest of the world. As such, these tables are a valuable statistical and analytical tool.
The FPB has estimated input-output tables for Belgium for 1985, 1990 and 1995 (according to the ESA 1979), for 2000, 2005 and 2010 (according to the ESA 1995) and for 2010 and 2015 (according to the ESA 2010). These tables are (compulsorily) transmitted to Eurostat [Eurostat website].
Within the framework of agreements, the FPB has compiled regional supply and use tables and interregional input-output tables for Belgium for 2003, 2007, 2010 and 2015. These tables can be obtained from the FPB for specific research projects, by sending a request to email@example.com.
The FPB is developing a Social Accounting Matrix (SAM) for Belgium to enable a more integrated analysis of economic and social policy issues. A SAM is a matrix representation integrating both institutional sector accounts and input-output tables and disaggregating the labour market and the household sector on the basis of different classifications.
To this end, the FPB has developed a database on domestic employment, labour volume, wage cost for employees by industry, disaggregated by gender, age class and education level. At the same time, a new step towards a SAM was taken with the construction of a National Accounting Matrix (NAM) for Belgium for 2010. The NAM presents the sequence of institutional sector accounts in which an input-output table is integrated, but does not yet include extra breakdown of the labour market and the household sector by type of job or household.