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News

This section presents all the latest information related to the FPB, from the most recent studies, press releases and articles to publication notices, workshops and colloquia.

Press releases & articles (326)

2016

  • Around 1.5% growth for the Belgian economy over the period 2017 to 2021, sustained job creation but limited reduction in the public deficit ( 21/06/2016 )

    According to our “Economic Outlook for 2016-2021” , Belgian economic growth is expected to rise from 1.2% in 2016 to 1.5% per year on average over the period of 2017 to 2021. Employment is assumed to increase at a sustained pace (creation of more than 38 000 jobs per year on average over the 2016-2021 period).  The fiscal deficit is forecast to increase from 2.5% of GDP in 2015 to 2.8% in 2016, to decline to 2.2% of GDP in 2017 and subsequently to remain almost stable. The economic weight of general government, in particular with regard to employment, should be declining.


  • Belgian economic growth to amount to 1.2% in 2016 ( 11/02/2016 )

    In accordance with the Law of 21 December 1994, the National Accounts Institute has transmitted the figures for the economic budget to the Minister for Economy. These macroeconomic forecasts are produced within the framework of the budget control for 2016 and take into account the government measures in the context of the preparation of the federal budget and the tax shift as well as the measures by the other levels of government.


2015

  • Belgian economic growth should amount to 1.2% in 2015 and to 1.3% in 2016 ( 09/09/2015 )

    In accordance with the Law of 21 December 1994, the National Accounts Institute has transmitted the figures of the economic budget to the Minister for Economy. These macroeconomic forecasts are produced within the framework of the preparation of the federal budget for 2016. These forecasts do not take into account the government measures announced in July in the context of the preparation of the federal budget and the tax shift. This also holds for the VAT rate hike on electricity for domestic use from September onwards as this measure is part of a global agreement, the modalities of which were not available in time for integration into these forecasts.


  • Decomposition of the hourly wage cost rise in Belgium 2000-2010 ( 01/04/2015 )

    This paper presents a shift-share decomposition applied to industry-level data to identify contributions to the rise in the hourly wage cost in Belgium between 2000 and 2010. According to the results, individual wage increases account for the largest part of the economy- wide hourly wage cost increase (87%). The contribution of changes in the gender, age and skill structure of industry-level employment amounts to 16%, while changes in the industry composition of hours worked even have a negative effect on the hourly wage cost (-3%).


  • Short Term Update 04-14 : Special Topic - Domestic demand patterns in Belgium since the mid-nineties: more French than German? ( 07/01/2015 )

    In a previous Special Topic (see STU 4-11), we examined the performance of Belgian GDP relative to its three main trading partners since the onset of the financial crisis. This time we put recent domestic demand patterns into perspective by comparing, over a longer period, the evolution of private consumption and business investment in Belgium to those in France and Germany. In addition to the purely descriptive analysis, we also try to identify, through the estimation of co-integrating equations, the underlying factors behind the developments of both demand components under scrutiny. We investigate in particular two sub-periods: the decade preceding the financial crisis (1998-2007) and the following five years (2008-2012).


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