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This Working paper proposes eleven new composite indicators to measure changes in well-being for women, men, four age groups and five income categories (quintiles) in Belgium. They were constructed using a statistical analysis of the drivers of well-being specific to these population groups. These indicators are complementary to the indicator Well-being here and now that measures the average development in well-being in Belgium.
This Working Paper proposes an indicator to measure the development in well-being in Belgium. It was built from a statistical analysis of the determinants of well-being in Belgium. It has the advantage of being transparent, divisible and easy to communicate. The analysis shows that the well-being of Belgians generally decreased between 2005 and 2016. This decrease is mainly due to a deterioration in the health of Belgians.
This Working Paper analyses the determinants of individual well-being in Belgium, using data from the EU-SILC survey. The analysis shows that on average health, both mental and physical, is the key determinant of well-being for Belgians. Enjoying sufficient income to access what is regarded as the prevailing standard of living in Belgium, having a job and being surrounded by loved ones also have a significant and positive impact on well-being. Besides these results for "average" Belgians, the analysis of different sub-groups highlights that these determinants are not of equal importance to all Belgians. These results contribute to the FPB’s work on the search for indicators complementary to GDP.
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