JEL classification

De Belgische ICT in vogelvlucht - Economische betekenis en positionering t.o.v. de buurlanden [15/10/2015]

This study discusses the production and use of ICT in Belgium, and identifies its strengths and weaknesses in comparison with the neighbouring countries. It covers both ICT goods and services, noting that the production of services is almost seven times as high as the production of goods. In this study, the use of ICT is limited to their use as a production factor, but not as a consumption good. In the Belgian economy, ICT industries are characterized by their dynamism, with a high entry rate, a high labour productivity and a relatively strong profitability. Moreover, ICT services significantly contribute to foreign trade. ICT industries are closely linked with the Belgian economy. Compared to the neighbouring countries, however, ICT industries have a smaller share in the economy and a smaller share in the foreign trade of goods. Moreover, innovation in terms of patent applications is disappointing, and ICT capital has a relatively small and even diminishing contribution to economic growth. Within the Belgian ICT sector, telecommunications relatively stand out compared to the other ICT industries, with a relatively large share in the economy and services exports. They are the main user of ICT products, and can thus boost the development of ICT.