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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.

  Euro area

Forecasts for the euro area by different institutions

 Real GDPConsumer price indexGeneral government balanceUpdated
 Growth rates in %Growth rates in %% of GDP
European Commission4,84,51,91,4----07/21
BNP Paribas Fortis5,05,22,42,1----10/21
Deutsche Bank5,04,52,42,0-7,7-4,210/21
Morgan Stanley5,04,72,31,7-7,8-4,410/21
Oxford Economics5,14,42,21,5-6,9-4,110/21
Belgian Prime News5,14,52,11,7-7,4-4,010/21
Consensus Economics5,14,42,32,0----10/21
Reuters poll4,84,32,11,6----10/21
Consensus Wirtschaftsinstitute5,04,62,32,0-7,2-3,710/21
All institutions5,04,52,21,8-7,3-4,010/21
International public institutions5,04,52,11,6-7,7-3,410/21
Credit institutions5,04,52,31,8-7,4-4,210/21


This section provides an overview of forecasts of different institutions. Only short-term forecasts generally for the current and the following year for economic growth, inflation and the general government balance are presented in the tables. Forecasts from international institutions, financial companies, research institutes and a number of consensus forecasts the euro area are reported

  Last update

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