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Publications

To promote transparency and provide information, the Federal Planning Bureau regularly publishes the methods and results of its works. The publications are organised in different series, such as Outlooks, Working Papers and Planning Papers. Some reports can be consulted here, along with the Short Term Update newsletters that were published until 2015. You can search our publications by theme, publication type, author and year.

Documents (205)

2024

  • ‘Economic budget’ – Economic forecasts 2024-2025 – September 2024 11/09/2024

    The Belgian economy is expected to grow by 1,1% in 2024 and 1,3% in 2025. 16,000 jobs are expected to be created in 2024 and 25,000 next year. The employment rate would barely increase. Inflation should still reach 3,2% this year and only fall back below 2% in 2025.

    Forecasts & Outlook - Economic outlook 2025 (Sept.)  Publication(fr), Publicatie(nl),

  • Regional economic outlook 2024-2029 18/07/2024

    This report presents the regional Economic Outlook 2024-2029, which is consistent with the national Economic Outlook published by the Federal Planning Bureau in June 2024. It is the result of a collaboration between FPB and the Brussels Institute for Statistics and Analysis (BISA), the Walloon Institute for Evaluation (IWEPS) and Statistics Flanders.

    Forecasts & Outlook - FOR_HERMREG2429_13025  Publication(fr), Publicatie(nl),

  • Evaluation of the « work bonus » measure: impact on wages and employment 01/07/2024

    The "work bonus" measure is designed to stimulate labour supply and fight employment traps. Our evaluation shows that the work bonus has a non-negligible positive effect on retention. On the other hand, the measure has no effect on the evolution of the number of hours of work and slows the growth of gross wages.

    Working Papers - Working Paper 11-24  Publication(fr), Publicatie(nl),

  • Economic outlook 2024-2029 – June 2024 version 14/06/2024

    This report presents the results of the June version of the "Economic Outlook 2024-2029". It describes the international context and the outlook for Belgian economic growth, inflation, energy consumption, greenhouse gas emissions, labour market and public finances.

    Forecasts & Outlook - FOR_MIDTERM_2429_13014  Publication(fr), Publicatie(nl),

  • Description et utilisation du modèle HERMES
    Beschrijving en gebruik van het HERMES-model 06/02/2024

    The Federal Planning Bureau's econometric model HERMES will be used to calculate the macroeconomic and budgetary impact of each political party's set of priority measures over the next legislature. This working paper summarises the characteristics of the model and describes its structure and main transmission mechanisms. It then illustrates the functioning of the model using several economic policy variants. Finally, this working paper describes the procedure for constructing the reference scenario and presents the main results of the June 2023 economic outlook. Those forecasts constitute the prefiguration of the reference scenario which will be published in February 2024, covering the period 2024-2029. 

    Working Papers - DC2024_WP_04  Publication(fr), Publicatie(nl),

2023

  • Economic Outlook 2023-2028 - June 2023 version 15/06/2023

    This report presents the results of the June version of the "Economic Outlook 2023-2028". It describes the international context and the outlook for Belgian economic growth, inflation, energy consumption, greenhouse gas emissions, the labour market and public finances. The Outlook is based on information available on 6 June 2023.

    Forecasts & Outlook - Economic outlook 2023-2028 (June)  Publication(fr), Annexe statistique(fr), Publicatie(nl), Statistische bijlage(nl),

2022

2021

  • Macroeconomic and fiscal effects of the draft National Recovery and Resilience Plan - Report to the Secretary of State for Recovery and Strategic Investments 28/04/2021

    The National Recovery and Resilience Plan details the use of the €5.925 billion allocated under the Recovery and Resilience Facility. The major part (88%) of the Belgian plan is directly intended to increase the capital stock of the Belgian economy through public investment and aid to private investment. In the short term, at the peak of the plan's stimulus effect, economic activity would be 0.2% higher than in the non-plan scenario. Although the stimulus is temporary, it has long-term effects due to the increase in the public capital stock and the support for R&D activities that improve the profitability of the capital stock of firms and encourage its accumulation. By 2040, GDP is still projected to be 0.1% above non-plan growth path. This estimate does not take into account the reform component of the plan, nor the broader recovery, investment and reform plans announced by the Regions and the federal government, nor the effect of foreign plans on the Belgian economy.

    Reports - REP 12401  Publication(en), Publication(fr), Publicatie(nl),

  • Analysis of the effect of the "first recruitments" measure on the survival of young businesses employing salaried staff 05/03/2021

    The "first recruitments"measure aims to promote employment while supporting small businesses and start-ups. The analysis shows that the measure has a positive but modest impact on the probability of survival of young businesses. Furthermore, the reinforcement in 2016 does not appear to have generated any additional benefit. On the one hand, these results imply that the strengthening of the measure does not address a genuine need on the part of the recipients. On the other hand, the reinforcement may have encouraged more employers to undertake a risky business activity.

    Working Papers - Working Paper 02-21  Publication(fr),

2020

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