Commodity market report
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4 Pages

Belgium long-term economic outlook Q2 2014


Belgium long-term economic outlook Q2 2014

Report summary

Belgium's swift recovery from the Great Recession downplays some of the prolonged impacts which will weigh on the economy into the medium and long-term. Over the longer term Belgium needs to offset negative demographic factors with gains in productivity and capital investment. Wood Mackenzie forecasts annual GDP growth to average 1.5% over 2016-2035.

What's included?

This report includes 1 file(s)

  • Belgium long-term economic outlook Q2 2014 PDF - 282.10 KB 4 Pages, 1 Tables, 4 Figures

Description

This Economic Outlook presents our macroeconomic outlook to 2035 at the country level.

Specifically we assess the structure of the economy and present the GDP and industrial production outlook.

The long-term outlook is underpinned by a set of GDP models which take account of long-term structural drivers of GDP including demographics, investment and productivity growth.

Finally, we highlight the key risks facing our outlook, both upside and downside.

Wood Mackenzie's macroeconomic forecasts underpin all our commodity demand analysis, ensuring we continually deliver an integrated and consistent view.

  • Executive summary
  • Market structure
  • Economic outlook
  • Risks and uncertainties

In this report there are 5 tables or charts, including:

  • Executive summary
    • Economic indicators
  • Market structure
    • Real GDP by sector (% of GDP)
    • Real GDP by expenditure (Bn euro, 2011 prices)
  • Economic outlook
    • Real GDP growth (annual)
    • Population by age cohort (million)
  • Risks and uncertainties
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