What is it?
Indicators which assist municipal councillors and other stakeholders in creating a clear picture of the economic policy results of the municipality. These indicators offer municipalities the possibility of mutual comparison between figures. Macroeconomic information is translated into local figures such as regional gross domestic product (GDP), because a change in the volume of GDP over a particular time period is a measure for (local) economic growth (or contraction). The municipality can report such developments in a news report, for instance.
What are the benefits?
Insight into the size, composition and growth of the local economy, also in comparison with other cities or regions.