The net international investment position has weakened to €339.4 billion or 54.9% of GDP. Financial transactions are broadly in balance. The rising price of gold is boosting the value of reserve ...

Abstract This paper provides a new cross-country evaluation of competitiveness, focusing on the linkages between productivity and export performance among European economies. We use the information ...

Banknotes in Belgian francs can be exchanged at the National Bank's counters under the terms and conditions specified below.

One of the National Bank’s core tasks is to ensure that the Belgian financial system can weather challenges without putting in jeopardy its main economic functions. You can read about how stable the ...

Circulars and communications NBB_2022_34 Publication date 20 Dec 2022 - 16:00 Area of responsiblity Supervision of financial institutions Transversal and international aspects Sector Financial ...

Net financial wealth of Belgian households dipped at the end of the first quarter of 2025 Total financial assets fell by almost €5 billion in the first quarter of 2025, a decline due entirely to ...

This paper estimates how the impact of a natural disaster propagates through the production network. More precisely, we look at the excessive rainfall in the summer of 2021 that caused large areas to ...

Communication NBB_2025_05 / Digitalisation des formulaires « qualifying holding » (QLF) et révision du mode de validation des formulaires "fit & proper" (FAP) et QLF ...

The ECB concluded its strategy review in 2021 with a plan to include owner-occupied housing (OOH) costs in its inflation measure in the future. This paper uses the Bundesbank’s online household panel ...

In early 2022, inflation hit absolute record levels in the euro area and the United States. What explains these huge price rises? To what extent will this high inflation persist? How has monetary ...

Om een beter beeld te krijgen van de economische omvang van die risico’s, heeft de NBB – net zoals andere centrale banken en internationale beleidsinstellingen – een uitgebreid toezichtskader ...

On 27 March, the National Bank of Belgium published for the second time climate-related financial disclosures for its non-monetary policy portfolios, reiterating its commitment to sustainable and ...