Wednesday, 01 April 2015
The Organisation of Cooperation and Economic Development (OCDE) published a look at the economy of Belgian society on Tuesday. This allowed them to see how it compared to other member States. Belgium is just within the countries that follow the OCDE’s rules, generally staying within the average. However, it doesn’t do well in renewable energy, although it is improving. The “OCDE360” magazine, published for the first time this year, includes a series of recent statistics on 34 of the organisation’s member states around the world (China, the US, Turkey, Israel and most European countries). “Belgium is performing well, with an above average gross domestic product, which is important for well-being”, says Alvaro Pina, head of the office responsible for Belgium within the OCDE’s economic department.
Belgium’s gross domestic product was around 39,120 euros per person in 2013, compared to an average of 35,385 within the OCDE. Belgium also has good results for the well-being indicators the organisation uses for housing, income, social relations, education, health and balance between professional and personal life. Graded from 0 to 10, Belgians rated their global level of satisfaction at 7.1 in 2013.
However, Belgium is held back when it comes to the percentage of renewable energy used for electricity production. This was estimated at 9% in 2011, well below the OCDE average (19%). Only eight member states have lower scores, among them India and Poland. Belgium is improving, as in the 90s renewable energy represented just 1% of energy production (compared to an average of 17% within the OCDE).