Pages

56 pages

Released

July 3rd, 2017

Update frequency

On a semi-annual basis

Format

PDF, Horizontal, Screen friendly

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Charting Economy team

Charting Economy™ team consists of editors, analysts, and researchers. For any questions and comments about this report, you can contact the chief editor directly at editor@chartingeconomy.com.

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TABLE OF CONTENT


Comprehensive View On The Economy

 

1.      Economic structure

Part of the country’s economic profile, economic structure section gives readers useful views to understand what matters for Belgium’s economy.

KEY QUESTIONS ADDRESSED

  • What is the size of the Belgium’s economy in relation to world’s major economies?
  • What is the size of Belgium’s population?
  • What is the demographic structure of Belgium? Is it favorable for economic growth?
  • How has the structure of Belgium’s GDP changed over the years?
  • How much does the Belgium’s economy rely on external trade?
  • What are the key regions for Belgium’s economy?

2.      Competitiveness

Part of the country’s economic profile, this section explores Belgium’s competitiveness in the global level. It also covers the country’s attractiveness to foreign direct investment.

KEY QUESTIONS ADDRESSED

  • Which stage of economic development is the Belgium’s economy in?
  • How has the labor productivity in Belgium changed over the years and in relation with comparable countries?
  • How competitive is Belgium?
  • How are Belgium’s competitive factors compared to those of other countries?
  • Is it easy to do business in Belgium?
  • How good is Belgium in attracting Foreign Direct Investment?
  • What are most problematic factors in doing business in Belgium?

3.      Economic development

Part of the country’s economic profile, this section explores Belgium’s economic development, average income and its distribution, poverty as well as other development indicators.

KEY QUESTIONS ADDRESSED

  • What is the level of income for an average person in Belgium?
  • Is unemployment the issue for Belgium?
  • How is income distributed in Belgium and how does it compare to others?
  • What is the current level of human development in Belgium?
  • How has quality of life in Belgium changed over the years?

4.      Economic growth

Part of the country’s economic outlook, this section explores Belgium’s recent economic growth, its key drivers and well as the growth outlook for the coming years.

KEY QUESTIONS ADDRESSED

  • What has been the growth rate of Belgium’s economy over the past 10 years and how does it compare with others?
  • What were the key growth drivers for the Belgium’s economy in the last year?
  • What were the source of growth for Belgium’s economy in the last 5 quarters?
  • What is the growth outlook for Belgium’s economy over the next 3 years and how does it compare with others?
  • How has the growth outlook for Belgium changed over the past few months?

5.      Economic stability (Macro risks)

Part of the country’s economic outlook, this section explores Belgium’s macro-economic risks, including inflation, financial sector, budget deficit as well as balance of payment and exchange rate.

KEY QUESTIONS ADDRESSED

  • What is the risk of inflation in Belgium and how does it compare with others?
  • How healthy is the Belgium’s banking sector?
  • What has been the return of the stock markets and how does it compare with others?
  • What is the fiscal risk in Belgium?
  • Does the government have enough money to invest or continue to subsidize certain program? What is the likelihood of raising tax?
  • What is the balance of payment risk for Belgium?
  • How good is the country in getting foreign exchange by the mean of commerce?
  • What is the FX risk? How has the EUR performed compared to other currencies?

Appendix 1: Key Economic Projections 2016-2022

From IMF’s World Economic Outlook Report April 2017.

  • GDP growth
  • Inflation
  • Population
  • Unemployment rate
  • Government budget and debt
  • Current account

Appendix 2: DOING BUSINESS 2017

Detailed rankings and scores for Belgium and comparable economies.

  • Starting a business
  • Dealing with construction permits
  • Getting electricity
  • Registering property
  • Getting credit
  • Protecting Minority Investors
  • Paying taxes
  • Trading across borders
  • Enforcing contracts
  • Resolving Insolvency