Walloon Economy Report 2018 (Wallonie Entreprendre)
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Wallonie EntreprendreWhat changed
0.6 percentage points
Net exports contribution to Walloon GDP growth in 2017, down from 1.2 in 2016 p.32
Summary
- World economic growth strengthened to +3.7% in 2017 after +3.2% in 2016, the slowest pace since the 2009 crisis.p.16
- Wallonia lost an average of more than 2% of export market share per year over 2010 to 2013.p.26
- Cumulative relative unit labour costs in Walloon industry fell by nearly 10% between 2011 and 2016.p.29
- Net exports contributed +1.2 percentage points to regional GDP growth in 2016 and +0.6 in 2017.p.32
- Walloon GDP growth was around +1% in 2014 and 2015.p.34
Key insights
- Wallonia's structural trade surplus was around 7% of GDP in 2013.p.30
- Net exports contributed around +0.3 percentage points per year to GDP growth on average.p.30
- Investment grew by around +10% on average in 2014 and 2015, largely due to exceptional industrial operations.p.31
- The report is the third edition of the annual report on the Walloon economy.p.11
Published by Wallonie Entreprendre, Wallonie Entreprendre (funder profile)
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