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Indicators

To evaluate the current state of the Belgian economy, the FPB regularly updates a series of indicators. The indicators concern the macro-economic stance of the economies of Belgium, its three neighbouring countries and the euro area, as well as the transport industry.

 Indicators : Youth unemployment rate, 3 year change

The chart will appear within this DIV.

Youth unemployment rate

% of active population aged 15-24, 3 year change in percentage points

 20142015201620172018201920202021
Belgium4,52,5-3,6-4,0-6,5-5,8-3,52,2
Netherlands2,4-0,4-2,1-3,4-3,6-3,60,20,4
France1,60,3-0,4-2,2-4,1-5,3-2,0-3,1
Germany-0,8-0,9-0,8-1,1-1,1-1,30,80,3
Austria1,51,31,7-0,5-1,3-2,91,21,0

Source: Eurostat, Macroeconomic Imbalances Procedure.

 

Description: The youth unemployment rate is the unemployment rate of people aged 15 - 24 as a percentage of the labour force of the same age. The unemployment rate is the number of unemployed persons as a percentage of the economically active population (the total number of people employed and unemployed = labour force) based on International Labour Office (ILO) definition. Unemployed persons comprise persons aged 15 to 74 who fulfil all the three following conditions: are without work during the reference week; are available to start work within the next two weeks and have been actively seeking work in the past four weeks or have already found a job to start within the next three months. This indicator is included in the Alert Mechanism Scoreboard with an indicative threshold of 2.0 pp.

Unit: 3 year change in percentage points

Source: Eurostat, Macroeconomic Imbalances Procedure.

  Last update

16/08/2022
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