Belgium: Selected Issues Paper

March 20, 2012

Summary

This Selected Issues Paper on Belgium provides an overview of the extent of trade and financial openness of Belgium and the links to particular countries. With an export-to-GDP ratio of 79 percent, Belgium belongs to the most open economies in Europe and also globally. Its exports are highly concentrated with a share of three-fourths of total merchandise exports accounted for by the European Union, of which close to two-thirds go to Germany, France, and the Netherlands.

Subject: Aging, Expenditure, Labor, Labor markets, Personal income tax, Population and demographics, Social security contributions, Taxes, Unemployment benefits

Keywords: Aging, CR, employment rate, GDP dynamics, Global, ISCR, Labor markets, pension benefit system, Personal income tax, property tax, Social security contributions, tax, tax wedge, trade openness, Unemployment benefits, Western Europe

Pages:
54
Volume:
2012
DOI:
https://doi.org/10.5089/9781475502398.002
Issue:
056
Series:
Country Report No. 2012/056
Stock No:
1BELEA2012002
ISBN:
9781475502398
ISSN:
1934-7685

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