Markets Actual Q2 Q3 Q4 Q1 2021
Currency 1.11 1.11 1.11 1.1 1.1 1.09
Stock Market (points) 537.14 529 518 508 498 478
Government Bond 10Y (%) -0.20 0.02 0.05 0.08 0.11 0.17

Overview Actual Q2 Q3 Q4 Q1 2021
GDP Growth Rate (%) -1.70 -10.8 2.1 4 2.2 0.6
GDP Annual Growth Rate (%) -0.50 -11.8 -9 -4.8 -1.2 3.2
Unemployment Rate (%) 3.40 5.6 7.2 7.5 7.3 6.8
Inflation Rate (%) 1.20 0.7 0.5 0.5 1 1.5
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Million) 6154.00 3500 4770 5050 7050 3950
Current Account (EUR Million) 30568.00 7900 14200 22100 19100 19500
Current Account to GDP (%) 10.20 6.5 6.5 6.5 7 7
Government Debt to GDP (%) 48.60 65 65 65 67 67
Government Budget (% of GDP) 1.70 -11 -11 -11 -4.8 -4.8
Business Confidence (points) -25.10 -22 -16 -12 -8 -6
Consumer Confidence (points) -31.00 -32 -27 -24 -18 -12
Corporate Tax Rate (%) 25.00 25 25 25 21.7 21.7
Personal Income Tax Rate (%) 51.75 51.75 51.75 51.75 51.75 51.75

GDP Actual Q2 Q3 Q4 Q1 2021
GDP Growth Rate (%) -1.70 -10.8 2.1 4 2.2 0.6
GDP Annual Growth Rate (%) -0.50 -11.8 -9 -4.8 -1.2 3.2
GDP (USD Billion) 951.00 875 875 875 945 945
GDP Constant Prices (EUR Million) 187282.70 181589 184120 181406 188266 187211
Gross National Product (EUR Million) 194891.09 173895 173974 185536 192552 191473
Gross Fixed Capital Formation (EUR Million) 39982.00 38493 38747 38492 39948 39724
GDP per capita (USD) 55041.10 54500 54500 54500 55100 55100
GDP per capita PPP (USD) 49803.50 48100 48100 48100 48600 48600
GDP From Agriculture (EUR Million) 3168.00 2409 3236 2938 3049 3032
GDP From Construction (EUR Million) 9464.63 9011 7776 7843 8139 8094
GDP From Manufacturing (EUR Million) 20692.00 20733 19931 21273 22078 21954
GDP From Mining (EUR Million) 1630.23 1732 1590 1514 1571 1562
GDP From Public Administration (EUR Million) 12530.00 11742 10409 11929 12380 12310
GDP From Services (EUR Million) 33194.92 34638 34034 34054 35342 35144
GDP From Transport (EUR Million) 8362.00 7976 8045 7961 8262 8215
GDP From Utilities (EUR Million) 1060.00 1078 1028 1102 1144 1138

Labour Actual Q2 Q3 Q4 Q1 2021
Unemployment Rate (%) 3.40 5.6 7.2 7.5 7.3 6.8
Labour Costs (points) 107.80 116 100 108 109 110
Minimum Wages (EUR/Month) 1653.60 1654 1675 1675 1688 1706
Wages in Manufacturing (points) 120.50 118 118 119 122 121
Wage Growth (%) 2.81 1.1 0.5 0.6 1 1.6
Population (Million) 17.28 17.2 17.2 17.2 17.24 17.24
Retirement Age Women 66.67 66.67 66.67 66.67 67 67
Retirement Age Men 66.67 66.67 66.67 66.67 67 67
Labor Force Participation Rate (%) 70.30 69.5 67.5 68.2 68.7 70.5
Living Wage Family (EUR/Month) 1560.00 1577 1568 1569 1576 1594
Living Wage Individual (EUR/Month) 1120.00 1132 1126 1127 1131 1145
Wages High Skilled (EUR/Month) 2920.00 2952 2935 2938 2949 2985
Wages Low Skilled (EUR/Month) 1760.00 1779 1769 1771 1778 1799

Prices Actual Q2 Q3 Q4 Q1 2021
Inflation Rate (%) 1.20 0.7 0.5 0.5 1 1.5
Harmonised Consumer Prices (points) 107.14 106 107 107 107 108
Consumer Price Index CPI (points) 107.34 107 107 107 108 109
Core Consumer Prices (points) 107.21 104 106 107 108 109
Core Inflation Rate (%) 2.20 -0.2 0.4 1 1.4 1.8
Producer Prices (points) 99.40 105 105 106 107 108
Inflation Rate Mom (%) 0.50 -0.6 0.4 0.3 0.2 0.2
Producer Prices Change (%) -7.62 -1.6 -0.8 -0.3 0.5 1.5
CPI Housing Utilities (points) 108.59 109 111 110 110 112
CPI Transportation (points) 108.45 109 108 108 108 110
Food Inflation (%) 3.50 2 1.5 1 1.3 1.6

Money Actual Q2 Q3 Q4 Q1 2021
Interest Rate (%) 0.00 0 0 0 0 0
Interbank Rate (%) -0.33 -0.33 -0.33 -0.33 -0.33 -0.33
Private Debt to GDP (%) 298.60 306 306 306 308 308

Trade Actual Q2 Q3 Q4 Q1 2021
Balance of Trade (EUR Million) 6154.00 3500 4770 5050 7050 3950
Current Account (EUR Million) 30568.00 7900 14200 22100 19100 19500
Current Account to GDP (%) 10.20 6.5 6.5 6.5 7 7
Imports (EUR Million) 36742.00 28900 32100 34750 36750 38750
Exports (EUR Million) 42896.00 34400 36870 38800 43800 42700

Government Actual Q2 Q3 Q4 Q1 2021
Government Debt to GDP (%) 48.60 65 65 65 67 67
Government Budget (% of GDP) 1.70 -11 -11 -11 -4.8 -4.8
Government Spending (EUR Million) 45124.00 43539 44239 43583 45231 44977
Government Spending to GDP (%) 41.90 46.2 46.2 46.2 44.5 44.5
Government Revenues (USD Billion) 68.30 44 46 48 47 51
Fiscal Expenditure (EUR Billion) 58.50 84 65 59 52 52
Government Budget Value (EUR Billion) 9.70 -40 -19 -11 -5 -1

Taxes Actual Q2 Q3 Q4 Q1 2021
Corporate Tax Rate (%) 25.00 25 25 25 21.7 21.7
Personal Income Tax Rate (%) 51.75 51.75 51.75 51.75 51.75 51.75
Sales Tax Rate (%) 21.00 21 21 21 21 21
Social Security Rate (%) 50.84 50.84 50.84 50.84 50.84 50.84
Social Security Rate For Companies (%) 23.19 23.19 23.19 23.19 23.19 23.19
Social Security Rate For Employees (%) 27.65 27.65 27.65 27.65 27.65 27.65

Business Actual Q2 Q3 Q4 Q1 2021
Business Confidence (points) -25.10 -22 -16 -12 -8 -6
Manufacturing Production (%) -2.50 -4.5 -3.2 -2 2.2 5.8
Manufacturing Pmi (points) 41.30 45.5 48.3 49.2 51 53

Consumer Actual Q2 Q3 Q4 Q1 2021
Consumer Confidence (points) -31.00 -32 -27 -24 -18 -12
Retail Sales YoY (%) -1.50 -7.6 -3.2 -2.8 2.6 6.2
Consumer Spending (EUR Million) 81677.00 79922 80852 79879 82900 82436
Disposable Personal Income (EUR Million) 359700.00 332352 335580 342434 355384 353392
Bank Lending Rate (%) 0.54 0.59 0.59 0.59 0.59 0.59
Personal Spending (%) -6.70 -4.8 -3.2 -2.3 2.7 5.7
Consumer Credit (EUR Million) 14990.00 14491 14691 14270 14810 14727
Gasoline Prices (USD/Liter) 1.74 1.75 1.66 1.58 1.5 1.42

Housing Actual Q2 Q3 Q4 Q1 2021
Housing Index (points) 139.30 134 130 132 136 143


This page has economic forecasts for Netherlands including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Netherlands economy.