[OECD Main Economic Indicators, OECD, … Belgium was nicknamed the "cockfighting arena of Europe" due to the fact that many of the wars between the various powers in Europe fought in Belgium. However, a relatively large share of the unemployed Dutch youth are in education. 1983-2020 Data | 2021-2023 Forecast | Historical | Chart. A 25% rate of corporate tax will apply from 2021, and the crisis tax will be abolished completely. The budget deficit is projected to rise to 12% of GDP in 2019 due to high public spending amid lower oil prices. Industrial output increased 5.2% year-on-year in seasonally-adjusted terms in October, which contrasted September's 4.3% decrease. Curated by Knoema’s data analysts to deliver leading short-term and long-term indicators and forecasts from trusted sources for each of the covered industries. Direct access to our calendar releases and historical data. Belgium Unemployment Rate is at 6.00%, compared to 6.30% last month and 5.10% last year. %. This page provides values for Unemployment Rate reported in several countries part of Europe. All suggestions for corrections of any errors about Unemployment rate should be addressed to the CIA. NOTE: The information regarding Unemployment rate on this page is re-published from the CIA World Factbook 2019. In August 2019, the lowest youth unemployment rate recorded was in Czechia – 5.1%. The unemployment rate, which was at an all-time low just a year ago, is projected to rise to more than 7 %. Persons, Monthly, Seasonally Adjusted Jan 1983 to Oct 2020 (Dec 10) Persons, Monthly, Not Seasonally Adjusted Jan 1983 to Oct 2020 (Dec 10) Percent, Monthly, Not Seasonally Adjusted Jan 1983 … Unemployment rate in Belgium in 2019, by gender and region Unemployment rate in Belgium in 2019, by age and region Poverty risk rate in Belgium 2008-2018, by professional status If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. For companies with profits of less than €100,000, the rates are 20% (plus the 2% surcharge, totalling an effective rate … Rates are lowest in Germany and the … All data used and referenced above is from Eurostat. This page provides forecast and historical data, charts, statistics, news and updates for Thailand Unemployment Rate. Among the OECD area, 32.9 million people were unemployed. The southern region continues a difficult transition out of sunset industries (mainly coal and steel), while sunrise industries (chemicals, high-tech, and services) dominate in Flanders. 1.3% GDP Growth (2019) 5.4% Belgium Unemployment Rate. In the second week of January, usually the peak of the season, the number of flu-like illnesses reported to GPs was 1.1 per 100,000 people, compared with a five-year average rate … Belgium Unemployment Rate (Trend) is at 5.20%, compared to 5.10% last month and 5.20% last year. In the euro area, the unemployment rate declined by 0.1 percentage point in October, to 7.5%. At the same time the highest rate recorded was in Greece, with 33.0% of youth unemployed in the Q2 2019. Across the OECD area, 33.2 million people were unemployed. As unemployment rates moved up or down, forex pairs, commodity futures, stocks and debt instruments consistently exhibited heightened pricing volatility. Euro area unemployment at 8.3% EU at 7.5% In September 2020, the euro areaseasonally-adjusted unemployment rate was 8.3%, stable compared with August 2020 and up from 7.5% in September 2019. Let's dive in and comb through the interesting unemployment rates in Europe. The eurozone seasonally-adjusted unemployment rate was 7.6% in April 2019. Unemployment, total (% of total labor force) (modeled ILO estimate) from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Jul/20. The ILO unemployment rate has sharply increased in the third quarter of 2020, from 4.9 % to 6.5 %. 12-Mo. Youth unemployment is highest in Greece with 43.6 percent of all 15 to 24‑year-olds in the labour force out of work, followed by Spain and Italy. Belgium Unemployment Rate is at 5.20%, compared to 5.10% last month and 5.20% last year. Belgium: Second release confirms a rebound in activity in Q3, but Q4 prospects are grim. No claims are made regarding the accuracy of Unemployment rate information contained here. Second, further analysis (Hornstein and Kudlyak 2020) shows that the entire decline in the unemployment rate trend during the past decade can be attributed to the long-run declines in the transition rates into unemployment… This means the total effective rate of tax for most companies is 29.58%. Belgium's unemployment rate was 6.5% in 2008. When Member States are divided into three groups, Belgium is part of the group with average performances and performs better than the European average in 2019. Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are … Youth Unemployment Rate in Belgium remained unchanged at 18.3 % in September 2020. This is what emerged from the new results of Statbel, the Belgian statistical office, based on the Labour Force Survey. Within the first 90 days, the negative impacts became apparent. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Unemployment Rate. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic. Unemployment rate can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. The Trading Economics Application Programming Interface (API) provides direct access to our data. Good results are visible at the EU level, as well. The basic rate of company tax in Belgium as of 2019 is 29%, plus a 2% crisis tax. Inflation is expected to pick up to 1.5% in 2019 reflecting higher consumer spending, and to further accelerate to an average of about 3% in the period 2020-2021 reflecting the possible introduction of indirect taxes beyond 2019. Imports of goods and services (current US$) $449,074,622,743 (2018) Exports of goods and services (current US$) $448,188,985,266 (2018) Total Merchandise Trade (% of GDP) 170.122% (2018) FDI, net inflows (BoP, current US$) ($28,524,583,955) (2019) Commercial … This is the lowest rate recorded in the euro area since August 2008. Among the 239 EU regions for which data are available, 66 had an unemployment rate of less than 3.4 % in 2019, half the average of the EU (6.7 %). Consequently, their weak economies have high populations and poor infrastructure. In 2017, the EU-28 youth unemployment rate stood at 16.8 percent on average, versus 8.9 percent in the Netherlands. Percent, Annual, Not Seasonally Adjusted 1991 to 2020 (Oct 1) Harmonized Unemployment: Aged 25 and Over: All Persons for Belgium . Youth Unemployment Rate in Belgium remained unchanged at 18.30 percent in September from 18.30 percent in August of 2020. Read more. Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment. The OECD harmonized unemployment rate gives the number of unemployed persons as a percentage of the labor force (the total number of … As in other industrialized nations, … Belgium: Industrial output notches quickest growth since December 2019 in October. Belgium: Second release confirms a rebound in activity in Q3, but Q4 prospects are grim. The current EU28 unemployment rate is 6.2%, down from 6.3% in July 2019 and f… Looking at the past year, the national economy and job market were relatively healthy. Poland has lower unemployment rate than Spain, which has very high unemployment level, but also for example in comparison to Italy, France, Belgium or Finland. Belgium’s unemployment rate was 5.7% at April 2019, down from 6.3% one year earlier according to Trading Economics. Read more. Unemployment, total (% of total labor force) (modeled ILO estimate) from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Unemployment refers to the share of the labor force that is without work but available for and seeking employment. %. Unemployment Rate in Belize averaged 11.33 percent from 1993 until 2019, reaching an all time high of 23.30 percent in 2010 and a record low of 7.70 percent in 2019. Belgium youth unemployment rate for 2017 was 19.23%, a 0.87% decline from 2016. Report: EU Labour Force Survey: Category : Employment Region: Belgium: Source: Eurostat: Stats. The highest unemployment rates were observed in Greece (18.5% in February 2019), Spain (13.8%) and Italy (10.2%). Flanders' unemployment levels are generally only about half those of Walloon. No claims are made regarding the accuracy of Unemployment rate information contained here. The unemployment rate in the EU27 has been falling since 2013, reaching 6.8% in 2019, while it has only been falling as from 2015 in Belgium. This is a list of countries by unemployment rate.Methods of calculation and presentation of unemployment rate vary from country to country. Another key indicator of a country’s economic performance is its unemployment rate. 286 economic data series with tags: Belgium, Unemployment - excluding tag: MSA. Percent, Annual, Not Seasonally Adjusted 1991 to 2020 (Oct 1) Harmonized Unemployment: Aged 25 and Over: All Persons for Belgium . List. They even have high unemployment rates for other age groups. 0.931 very high (2019) 0.859 very high IHDI (2019) Labour force. Paris, 10 December 2019 OECD Harmonised Unemployment Rates October 2019 1 OECD unemployment rate stable at 5.2% in October 2019 The OECD unemployment rate remained stable at 5.2% in October 2019. Paris, 9 October 2019 OECD Harmonised Unemployment Rates August 2019 1 OECD unemployment rate down to 5.1% in August 2019 The OECD unemployment rate declined by 0.1 percentage point, to 5.1% in August 2019, the lowest level since data are available for the OECD area (April 1998). In the EU28, the youth unemployment rate was 14.2% in August 2019 compared to 15.1% in August 2018. Sat 18 May 2019 … 5,105,726 (2020) 69.7% ... Belgium's unemployment rate was 6.5% in 2008. Belgium: Industrial output notches quickest growth since December 2019 in October. In the country as a whole Unemployment in April of this year was around 3% lower than was the case in April 2018. Meanwhile, in Wallonia there was little change. 78.194% (2019) Unemployment Rate: 5.589% (2019) Click on a row to display its 5-year graph on the right. Download historical data for 20 million indicators using your browser. There is a low unemployment rate among skilled workers, such as local managers. Last Value: 5.20%: Latest Period: Sep … (3) United States: Unemployment rate for August 2019 was 3.7%. Forecast. Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are … Unemployment Rate in Belgium averaged 8.15 percent from 1983 until 2020, reaching an all time high of 11 percent in October of 1983 and a record low of 4.90 percent … What is Youth Unemployment Rate in Belgium? Euro area unemployment at 8.3% EU at 7.5% In December 2020, the euro area seasonally-adjusted unemployment rate was 8.3%, stable compared with November 2020 and up from 7.4% in December 2019. Belgium's unemployment rate was 6.5% in 2008. Inflation should work out at only 0.4 % in 2020, primarily because of … NOTE: The information regarding Unemployment rate on this page is re-published from the CIA World Factbook 2019. Belgium youth unemployment rate for 2018 was 15.75%, a 3.48% decline from 2017. Trade . The employment rate as part of the Europe 2020 Strategy represents the share of persons employed in the population aged 20 to 64. November 30, … The OECD harmonized unemployment rate gives the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). The employment rate represents employed persons as a percentage of the same age population. When Member States are divided into three groups, Belgium is part of the group with average performances and performs better than the European average in 2019. In the winter season the unemployment rate is usually higher than in the other months. Belarus. Unemployment in Belgium fell again during April. All suggestions for corrections of any errors about Unemployment rate should be addressed to the CIA. Youth Unemployment Rate in Belgium averaged 19.78 percent from 1983 until 2020, reaching an all time high of 26.10 percent in January of 2014 and a record low of 11.90 percent in January of 2020. 5.4 (%) in 2019. PERCENT OF UNEMPLOYED CIVILIAN LABOR FORCE Annual Averages Year Houston MSA Texas U.S. 2009 7.6 7.6 9.3 2010 8.3 8.1 9.6 2011 7.8 7.8 8.9 2012 6.6 6.7 8.1 2013 6.0 6.3 7.4 2014 … Belgium Business Confidence at 11-Month High, Belgium Consumer Morale Worsens in January, Belgium Industrial Output Rebounds in October, Belgium Current Account Balance Swings to Surplus in Q2, Belgium Producer Price Deflation Eases in August, Belgium Construction Output Falls the Most since 1993, Belgium Posts Smallest Trade Surplus in 5 Months, Seychelles January Inflation Rate Highest since 2012, South African Stocks End Higher on Friday, Russia Inflation Rate at Near 2-Year High. Data published Monthly by Eurostat. 12.5% Brussels Unemployment Rate Source: Oxford Economics. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. The OECD harmonized unemployment rate gives the number of unemployed persons as a percentage of the labor force (the total number of people … Rank Youth unemployment rate in EU countries August 2019; 1: Youth unemployment rate in EU member states as of August 2019 (seasonally … Seasonally … In 2019, the rate of unemployment in Belgium was 5.4 percent – the lowest it had been in a decade. Trade . The EU28 unemployment rate was 6.4% in April 2019. OECD Harmonised Unemployment Rates August 2019 1 OECD unemployment rate down to 5.1% in August 2019 The OECD unemployment rate declined by 0.1 percentage point, to 5.1% in August 2019, the lowest level since data are available for the OECD area (April 1998). Long-term unemployment rate Indicator: 43.5 Total % of unemployed 2019 Belgium % of unemployed: Total % of unemployed 2000-2019 Belgium (red), OECD - Total (black) Total % of unemployed Find Out The EU unemployment rate was 7.5% in December 2020, also stable compared with November 2020 and up from 6.5% in December 2019. 0.2. Belgium’s economic freedom score is 68.9, making its economy the 48th freest in the 2020 Index. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. November 30, 2020 A total of 4.99 million people make up Belgium's labor force. Please check your download folder. 286 economic data series with tags: Belgium, Unemployment - excluding tag: MSA. Belgian industry claims 19% of the labor force and agriculture only 1%. Its overall score has increased by 1.6 points, led by an increase in the government integrity score. Unemployment rate can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. Oct/20. (2) Canada: Unemployment rate for August 2019 was 5.7%. In spite of the country’s unemployment rate, it reports some skill shortages, especially in IT and engineering. This page provides the latest reported value for - Belgium Youth Unemployment … Unemployment refers to the share of the labor force that is without work but available … (1) Belgium: Due to a methodological break in the Labour Force Survey, data from the 1st quarter of 2017 onwards are not comparable with previous data. For example, the unemployment rate at the end of 2019 was 0.9 percentage point lower than in 2007, while its trend is 1.2 percentage points lower than in 2007. Belgium’s unemployment rate stood at 5.5% in August 2019, which is slightly lower than the EU rate of 6.2%. Most unemployment rates given in the table below are derived from national statistics and therefore not directly comparable. Unemployment Rate in Belize decreased to 7.70 percent in 2019 from 9.40 percent in 2018. source: Central Bank of Belize. Upon the COVID-19 virus going global in late-February 2020, the world endured a seismic economic shift. Rising Unemployment Rates And COVID-19. Compared with a year ago, the unemployment rate fell in 22 Member States, remained stable in Belgium, The vast majority of these people (80%), work in the service sector. 1.3% GDP Growth (2019) 5.4% Belgium Unemployment Rate. December 10, 2020. This page provides - Belize Unemployment Rate - actual values, historical data, … Youth Unemployment Rate for Belgium . Imports of goods and services (current US$) Forecast. … Belgium youth unemployment rate for 2019 was 15.68%, a 0.07% decline from 2018. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Greater Houston Partnership Research December 2019 | 7 UNEMPLOYMENT RATE Unemployment rate for Houston Metropolitan Statistical Area (MSA), Texas and the U.S. Non-EU nationals must apply for work permits before they … 0.2. For 2018, Belgium’s harmonized unemployment figure was 5.5 percent, below the EU28 average of 6.6 percent (OECD). Belgium’s capital city is Brussels. The unemployment rate in the EU27 has been falling since 2013, reaching 6.8% in 2019, while it has only been falling as from 2015 in Belgium. ... 78.194% (2019) Unemployment Rate: 5.589% (2019) Click on a row to display its 5-year graph on the right. Almost half (48 %) recorded a decrease of at least 0.5 percentage points. 12-Mo. Among the Member States, the lowest unemployment rates in September 2019 were recorded in Czechia (2.1%) and Germany (3.1%). Long-term unemployment rate Indicator: 43.5 Total % of unemployed 2019 Belgium % of unemployed: Total % of unemployed 2000-2019 Belgium (red), OECD - Total (black) Total % of unemployed 2019 Belgium (red), OECD - Total (black) Self-employment rate Indicator: 14.2 Total % of employment 2019 Belgium % of employment: Total % of employment 2000-2019 Industrial output increased 5.2% year-on-year in seasonally-adjusted terms in October, which contrasted September's 4.3% decrease. Unemployment Rate in Belgium decreased to 6.10 percent in November from 6.30 percent in October of 2020. Over a quarter of EU regions with an unemployment rate half or less of the EU average. Data Briefs. The EUunemployment rate was 7.5% in September 2020, stable compared with August 2020 and up from 6.6% in September 2019. However, there were real regional differences within … We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. The southern region continues a difficult transition out of sunset industries (mainly coal and steel), while sunrise industries (chemicals, high-tech, and services) dominate in Flanders. So, with the appropriate academic degree, foreigners can easily find employment in those areas. According to Eurostat, unemployment rate in Belgium in 2019 was 5.4% which was below the Euro Area average (7.6%) and below the European Union average (6.3%). 12.5% Brussels Unemployment Rate Source: Oxford Economics. Unemployment rates in 2020 - 2024 are IMF's estimates. Enlargement of the EU in May 2004 and January 2007 facilitated the entry of skilled workers into Belgium from new member states. Belgium youth unemployment rate for 2016 was 20.10%, a 2.03% decline from 2015. Belgium unemployment rate was at level of 6.1 % in 2020, up from 5.4 % previous year. In December 2020, the euro area seasonally-adjusted unemployment rate was 8.3 %, stable compared with November 2020 and up from 7.4 % in December 2019. This remains the lowest rate recorded in the EU28 since the start of the EU monthly unemployment series in January 2000. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. This is lower than the long term average of 8.15% The 2019 budget assumes a 3% … The EU unemployment rate was 7.5 % in December 2020, also stable compared with November 2020 and up from 6.5 % in December 2019. Please check your download folder. In Belgium, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. December 10, 2020. FRED: Download, graph, and track economic data. Among the OECD area, 32.9 million people were unemployed. Flanders' unemployment levels are generally only about half those of Walloon. In the euro area, the unemployment rate … This is lower than the long term average of 8.15%. This is lower than the long term average of 8.15%. Country ... 2019 (September) ... Belgium: 18.3: 4.2: 5.2 The highest unemployment rates were observed in Greece (16.9% in July 2019) and Spain (14.2%). Belgium youth unemployment rate for 2019 was 15.68%, a 0.07% decline from 2018.; Belgium youth unemployment rate for 2018 was 15.75%, a 3.48% decline from 2017.; Belgium youth unemployment rate for 2017 was 19.23%, a 0.87% decline from 2016. NOTE: The information regarding Unemployment rate on this page is re-published from the CIA World Factbook 2019. This is lower than the long term average of 8.15%. The year-on-year fall was the greatest in Flanders where there were 6% fewer job-seekers last month than was the case a year ago. Unemployment rate can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. Also note that Belgium’s export metrics include a significant amount of re-exporting activity. This is a list of countries by unemployment rate.Methods of calculation and presentation of unemployment rate vary from country to country. Youth Unemployment Rate for Belgium . Belgium unemployment rate was at level of 6.1 % in 2020, up from 5.4 % previous year. The maximum rate was 26.1 % and minimum was 11.9 %. Compared with a year ago, the unemployment rate fell in all Member States except Luxembourg and Poland where it remained stable while an increase was registered in Denmark (from 5.2% to 5.3%). FRED: Download, graph, and track economic data. That's a piece of good news since this is also the lowest euro area unemployment rate since May 2008. Unemployment Rate for Thailand from The Bank of Thailand for the Labor Force Survey release. The Euro Area seasonally-adjusted unemployment rate fell to 7.5 percent in October 2019 from an upwardly revised 7.6 percent in the previous month and matching market expectations. Which European Country Has the Highest Youth Unemployment Rate. Find Out November 30, 2019: 5.20% October 31, 2019: 5.20% September 30, 2019: 5.20% ... Belgium Unemployment Rate (Trend) is at 5.20%, compared to 5.10% last month and 5.20% last year. However, registration procedures were required until mid-2009 for entrants from some new EU member states. According to the recently released data by EUROSTAT, euro area unemployment was 7.4%, down from 7.5% in July 2019, and down from 8.0% from August 2018. No claims are made regarding the accuracy of Unemployment rate information contained here. Publish your articles and forecasts in our website. 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