Brussels
23 September 2024
https://oe.cd/BELGIUM
Source: OECD Analytical database.
The fiscal deficit has widened following the COVID-19 pandemic and the energy price crisis
Source: OECD Analytical database. Government budget balance %
Source: OECD Economic Outlook database.
Current tax and spending policy
Consolidation scenario plus reforms generating higher output growth
Note: The “current tax and spending policy ” scenario is a continuation of the primary fiscal balance remaining constant at its estimated 2025 level (-2.5%) before accounting for net ageing-related costs. The “consolidation plus reforms” scenario assumes that the primary budget surplus reaches 0.6% of GDP by 2030 and is maintained until 2060, and higher GDP growth from the implementation of an ambitious package of
Survey.
Source: OECD calculations.
Source: OECD, Pensions at a Glance database. Difference between the statutory and the effective retirement ages Years, 2022
Effective marginal tax rate on labour income of second earners % of earnings, 2022
Note: Effective tax rates when raising working hours from 50% to 100% for second earners earning the average wage, with two children and a partner working full-time in an average wage job.
Source: OECD Taxes, Wages and Benefits database, 2022.
Rehabilitation spending
% of total spending on disability, 2019
Note: “OECD” refers to the average share of rehabilitation spending in total spending on disability across 27 OECD countries for which data are available.
Source: OECD Social Expenditure database.
Product Market Regulation indicators
Scale 0 to 6 from most to least competition-friendly regulation
Belgium OECD average 2023
Average of 5 best performing OECD countries 2023
Source: OECD 2023/2024 PMR database.
Job vacancy rate
Number of job vacancies in percent of total occupied and vacant posts
Note: Job vacancy rate in the business economy which includes industry, construction, distributive trades and services.
Source: Eurostat.
Source:
Greenhouse gas emissions from heating and cooling activities by households
Tons per capita, 2022
Source: Eurostat (2023), Energy Statistics: Disaggregated final energy consumption in households; Emissions of greenhouse gases and air pollutants: Air emissions accounts by NACE Rev. 2 activity (database) and Population: national level (database).
Disclaimers:
The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law. This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area.