HERMREG database: cooperation project between the Federal Planning Bureau, Statistics Flanders (SV), the Institut Wallon de l’Evaluation, de la Prospective et de la Statistique (IWEPS) and the Brussels Institute for Statistics and Analysis (BISA), Statbel and the Institute of National Accounts (Instituut voor de Nationale Rekeningen INR), processed by Statistics Flanders
Job rate: this concerns employees and self-employed persons as defined by the European System of Accounts (ESA) 2010. Employees are persons who, on the basis of an employment contract (whether formal or informal), work for another institutional unit in their country and are remunerated for this work. Persons who are in employment are classified as employees only if they are not principally self-employed. Self-employed persons are persons who work as owners or co-owners in a business without legal personality which is not considered as a quasi-corporation. Self-employed persons include unpaid family workers, workers from home whose income depends on the output of the production process for which they are responsible and workers who produce only for their own consumption or own investment.
The population aged 15-64 in year T is the average of the census on 1 January T and 1 January T+1.
Remarks on quality
The ESA 2010 guarantees a comparable format of the aggregate across countries. Data for the last few years may be revised due to the availability of new statistical information (from annual reports, information from the actors involved, etc.) and the alignment with the national accounts, which may also be revised.
The output of the Institute of National Accounts provides the source for the medium-term projections of the HERMREG model. These are projected by means of econometric estimates by the Federal Planning Bureau and the three regional institutions. The HERMREG output is always submitted to a Steering Committee in which the Federal Planning Bureau and the Regions are represented.
FPB, SV, IWEPS, BISA: Regional economic prospects
Institute of National Accounts (Instituut voor de Nationale Rekeningen INR):Regional accounts
European Commission: Ameco