1. The MIP scoreboard for Belgium (Report 2021)

The National Bank of Belgium publishes a table with the headline indicators for Belgium as calculated by the Commission for the MIP and the format introduced for the economic situation of 2015. The table reproduces data used by the European Commission in the statistical annex of the Alert Mechanism Report for 2020 (https://ec.europa.eu/info/publications/2021-european-semester-alert-mechanism-report_en).

The cells in orange identify the values of the indicators exceeding the thresholds defined as reference in the procedure.

METHODOLOGICAL INFORMATION

The data from National Accounts and Balance of Payments/International Investment Position used for the compilation of the MIP Scoreboard indicators are based on the European System of National and Regional Accounts in the European Union (ESA 2010) and the sixth edition of the IMF's Balance of Payments and International Investment Position Manual (BPM6).

MIP-relevant statistical data originate from statistical domains with long track records and of recognised quality. Eurostat collects the data for MIP Scoreboard indicators from Member States. Other data sources are the Commission's Directorate General for Economic and Financial Affairs and the International Monetary Fund.

In contrast to the publication of last year, data related to the current account of the balance of payments is on a BPM6 basis since 2003.

The cut-off date for the data, that is the date on which the data were extracted from the Eurostat database, was 23rd October 2020. Data are for 2019.