Belgium: Staff Report for the 2002 Article IV Consultation
IMF Staff Country Reports, March 4, 2003
Source details
- Canonical URL
- Belgium: Staff Report for the 2002 Article IV Consultation
Other formats
Bibliographic details
- Published: March 4, 2003
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451803129.002
Economic performance (real GDP)
- Real GDP growth fell sharply in 2001 to 0.8 percent.
- Real GDP growth remained weak in 2002 at an estimated 0.7 percent.
- Fundamental driver: slowdown in the economies of Belgium’s trading partners, especially Germany.
External sector and export markets
- Export market growth fell from 12.1 percent in 2000 to 0.6 percent in 2001.
- In 2002, export markets shrank an estimated 1 percent.
Labor market developments
- In 2002, employment began to decline.
- In 2002, unemployment began to rise.
Document metadata and scope
- Subject tags on the report include: Budget planning and preparation, Expenditure, Fiscal policy, Fiscal stance, Labor, Labor markets, Public debt, Wages.
- Publication details provided on the page:
- Pages: 41
- Volume: 2003
- Issue: 049
- Series: Country Report No. 2003/049
- DOI: https://doi.org/10.5089/9781451803129.002
- ISBN: 9781451803129
- ISSN: 1934-7685
Belgium: Staff Report for the 2002 Article IV Consultation, March 4, 2003.