Markets Actual Q3 Q4 Q1 Q2 2022
Currency 1.19 1.18 1.18 1.17 1.17 1.15
Stock Market (points) 758.22 737 718 700 682 648
Government Bond 10Y (%) -0.36 0.03 0.07 0.11 0.15 0.18

Overview Actual Q3 Q4 Q1 Q2 2022
GDP Growth Rate (%) -0.80 2.6 1 0.7 0.6 0.5
GDP Annual Growth Rate (%) -2.40 2.6 3.2 4.8 4.5 2.1
Unemployment Rate (%) 3.20 3.6 4.3 4 3.7 4.5
Inflation Rate (%) 2.00 1.6 1.5 1.2 1.4 1.6
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Million) 4812.00 5600 3950 3950 3950 3740
Current Account (EUR Million) 22608.00 12100 19500 19500 19500 17500
Current Account to GDP (% of GDP) 7.80 8.1 8.1 8.6 8.6 8.6
Government Debt to GDP (% of GDP) 54.50 58 58 56.8 56.8 56.8
Government Budget (% of GDP) -4.30 -5 -5 -2 -2 -2
Business Confidence (points) 12.30 4.5 5 3.6 4 2
Consumer Confidence (points) -4.00 -10 -12 -12 -12 -7
Corporate Tax Rate (%) 25.00 21.7 21.7 21.7 21.7 21.7
Personal Income Tax Rate (%) 49.50 52 52 52 52 52

GDP Actual Q3 Q4 Q1 Q2 2022
GDP Growth Rate (%) -0.80 2.6 1 0.7 0.6 0.5
GDP Annual Growth Rate (%) -2.40 2.6 3.2 4.8 4.5 2.1
GDP (USD Billion) 912.24 865 865 865 865 925
GDP Constant Prices (EUR Million) 183173.80 184019 197174 190117 193065 194110
Gross National Product (EUR Million) 177225.56 180017 199757 183010 185847 186853
Gross Fixed Capital Formation (EUR Million) 40858.00 38598 41875 40374 41000 41222
GDP per capita (USD) 53133.10 53800 53800 53800 53800 55100
GDP per capita PPP (USD) 54209.56 56200 56200 56200 56200 57500
GDP From Agriculture (EUR Million) 3189.00 2752 3201 3310 3361 3379
GDP From Construction (EUR Million) 9253.00 9426 8555 8256 8384 8429
GDP From Manufacturing (EUR Million) 21124.00 21065 22575 23297 23659 23787
GDP From Mining (EUR Million) 1385.00 1597 2093 1349 1370 1377
GDP From Public Administration (EUR Million) 11327.00 13504 12999 13280 13486 13559
GDP From Services (EUR Million) 31521.00 32167 36913 33707 34230 34415
GDP From Transport (EUR Million) 6890.00 6493 8716 7264 7377 7417
GDP From Utilities (EUR Million) 1059.00 1190 1185 1231 1250 1257

Labour Actual Q3 Q4 Q1 Q2 2022
Unemployment Rate (%) 3.20 3.6 4.3 4 3.7 4.5
Labour Costs (points) 112.50 109 120 114 114 122
Minimum Wages (EUR/Month) 1701.00 1701 1701 1725 1725 1725
Wage Growth (%) 2.30 1.4 1.6 1.6 1.6 1.8
Wages in Manufacturing (points) 123.60 121 124 124 124 124
Population (Million) 17.41 17.6 17.6 17.8 17.8 17.8
Retirement Age Women 66.67 67 67 67 67 67
Retirement Age Men 66.67 67 67 67 67 67
Labor Force Participation Rate (%) 71.40 69.5 70.5 70.5 70.5 71.5

Prices Actual Q3 Q4 Q1 Q2 2022
Inflation Rate (%) 2.00 1.6 1.5 1.2 1.4 1.6
Harmonised Consumer Prices (points) 109.27 109 109 109 111 111
Consumer Price Index CPI (points) 109.67 110 109 110 111 111
Core Consumer Prices (points) 108.96 107 109 109 109 109
Core Inflation Rate (%) 1.90 1.4 1.5 1.5 1.5 1.8
Producer Prices (points) 113.30 102 104 111 115 106
Inflation Rate Mom (%) 0.20 0.3 0.2 0.2 0.2 0.4
Producer Prices Change (%) 12.00 1.2 1.5 1.5 1.5 1.5
CPI Housing Utilities (points) 111.99 112 113 113 114 114
CPI Transportation (points) 111.80 107 107 111 113 109
Food Inflation (%) -1.50 0.9 1.6 1.4 1.4 1.9

Money Actual Q3 Q4 Q1 Q2 2022
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 (%) 283.70 308 308 308 308 310

Trade Actual Q3 Q4 Q1 Q2 2022
Balance of Trade (EUR Million) 4812.00 5600 3950 3950 3950 3740
Current Account (EUR Million) 22608.00 12100 19500 19500 19500 17500
Current Account to GDP (% of GDP) 7.80 8.1 8.1 8.6 8.6 8.6
Imports (EUR Million) 40710.00 34600 38750 38750 38750 40760
Exports (EUR Million) 45521.00 40200 42700 42700 42700 44500

Government Actual Q3 Q4 Q1 Q2 2022
Government Debt to GDP (% of GDP) 54.50 58 58 56.8 56.8 56.8
Government Budget (% of GDP) -4.30 -5 -5 -2 -2 -2
Government Spending (EUR Million) 46725.00 48200 47500 47500 47500 48000
Government Spending to GDP (% of GDP) 48.10 48 48 44 44 44
Government Revenues (USD Billion) 66.10 49.1 51 51 51 54
Fiscal Expenditure (EUR Billion) 61.10 52.9 54 54 54 48
Government Budget Value (EUR Billion) 4.90 1.5 1.5 1.5 1.5 1.5

Taxes Actual Q3 Q4 Q1 Q2 2022
Corporate Tax Rate (%) 25.00 21.7 21.7 21.7 21.7 21.7
Personal Income Tax Rate (%) 49.50 52 52 52 52 52
Sales Tax Rate (%) 21.00 21 21 21 21 21
Social Security Rate (%) 51.24 46.34 46.34 46.34 46.34 46.34
Social Security Rate For Companies (%) 23.59 18.69 18.69 18.69 18.69 18.69
Social Security Rate For Employees (%) 27.65 27.65 27.65 27.65 27.65 27.65

Business Actual Q3 Q4 Q1 Q2 2022
Business Confidence (points) 12.30 4.5 5 3.6 4 2
Manufacturing Production (%) 16.50 2.8 5.8 5.8 5.8 2.3
Manufacturing PMI (points) 67.40 61.9 56 57 55 54

Consumer Actual Q3 Q4 Q1 Q2 2022
Consumer Confidence (points) -4.00 -10 -12 -12 -12 -7
Retail Sales YoY (%) 6.00 6.4 6.2 6.5 5.1 3.8
Consumer Spending (EUR Million) 74605.00 77997 86753 80469 81717 82159
Disposable Personal Income (EUR Million) 377777.00 387944 364946 387715 393726 395857
Bank Lending Rate (%) 0.39 0.39 0.39 0.39 0.39 0.39
Personal Spending (%) 8.80 2.9 5.7 4.4 4.4 4.8
Consumer Credit (EUR Million) 10637.00 16114 16848 15470 15710 15795
Gasoline Prices (USD/Liter) 2.27 2.16 2.05 1.95 1.85 1.76

Housing Actual Q3 Q4 Q1 Q2 2022
Housing Index (points) 161.40 141 143 143 143 143


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.