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Belgium: Selected Issues Paper
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2012: Issue 056
Language:
English
Publication Date:
20 Mar 2012
DOI:
https://doi.org/10.5089/9781475502398.002
ISBN:
9781475502398
ISSN:
1934-7685
Pages:
54
Keywords:
ISCR; CR; tax; property tax; trade openness; tax wedge; pension benefit system; GDP dynamics; employment rate; Unemployment benefits; Labor markets; Social security contributions; Personal income tax; Aging; Global; Western Europe
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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.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund