## 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](https://www.imf.org/en/publications/cr/issues/2016/12/30/belgium-staff-report-for-the-2002-article-iv-consultation-16367)

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## Bibliographic details
- Published: March 4, 2003
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451803129.002

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### 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.*

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/30/belgium-staff-report-for-the-2002-article-iv-consultation-16367_