Netherlands GDP Growth Rate 1988-2018 | Data | Chart | Calendar

The Dutch economy grew by 0.8 percent on quarter in the three months to December of 2017, following a 0.4 percent expansion in the previous period and matching the preliminary estimate. Net external demand was the main driver of growth, while fixed investment was unchanged and household consumption contracted. GDP Growth Rate in Netherlands averaged 0.55 percent from 1988 until 2017, reaching an all time high of 1.70 percent in the first quarter of 1999 and a record low of -3.20 percent in the first quarter of 2009.

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Dutch Q4 GDP Growth Confirmed at 0.8%

The Dutch economy grew by 0.8 percent on quarter in the three months to December of 2017, following a 0.4 percent expansion in the previous period and matching the preliminary estimate.

Net external demand was the main driver of growth, as exports jumped 1.6 percent (vs 2 percent in Q3) and imports increased at a slower 1.1 percent (vs 2.1 percent in Q3). Also, government spending advanced 0.3 percent, the same pace as in the previous three-month period and changes in inventories had no contribution to GDP growth (vs -0.2 p.p. in Q3). On the other hand, there was a contraction in household consumption (-0.2 percent vs 0.4 percent in Q3) while fixed investment was unchanged (vs 2.1 percent in Q3).

Compared with the same quarter of 2016, the GDP rose by 2.9 percent, easing slightly from a 3 percent advance in the previous period. Growth was driven by fixed investment (6.2 percent vs 6.6 percent in Q3), exports (7 percent vs 6.5 percent), household expenditure (1 percent vs 2.5 percent) and public spending (0.9 percent vs 1.4 percent). Also, changes in stocks contributed 0.4 p.p. to growth (vs 0.2 p.p. in Q3).

Considering 2017 full year, the economy grew by 3.2 percent, compared with 2.2 percent in 2016. It was the strongest pace of expansion since 2007.

Statistics Netherlands l Chusnul Ch Manan | chusnul@tradingeconomics.com
3/26/2018 9:26:39 AM

Recent Releases

Dutch Q4 GDP Growth Stronger than Expected
The Dutch economy grew by 0.8 percent on quarter in the three months to December of 2017, following a 0.4 percent expansion in the previous period and beating market expectations of 0.6 percent, the preliminary estimate showed.
Published on 2018-02-14

Dutch Q3 GDP Growth Confirmed at 0.4%
The Dutch economy advanced 0.4 percent on quarter in the third three months of 2017, following a 1.5 percent expansion in the previous period and matching the preliminary estimate. It was the weakest growth rate since the second quarter 2016, as exports and private consumption growth slowed. Meantime, investment rose faster and government spending stalled.
Published on 2017-12-22

Dutch GDP Growth Slows to 0.4% in Q3
The Dutch economy expanded 0.4 percent on quarter in the three months to September of 2017, well below a 1.5 percent growth in the previous period which was the highest in nearly 10 years. There were smaller positive contributions from household consumption, and net trade as exports rose less and imports grew more. In contrast, investment growth was strong.
Published on 2017-11-14

Dutch Q2 GDP Growth Confirmed at 1.5%
The Dutch economy advanced 1.5 percent on quarter in the second three months of 2017, following a 0.6 percent expansion in the previous period and matching the preliminary estimate. It was the strongest growth rate since the last quarter of 2007, mainly driven by higher household consumption and exports while government spending rebounded.
Published on 2017-10-11

Calendar	GMT		Actual	Previous	Consensus	TEForecast
2017-12-22	05:30 AM	GDP Growth Rate QoQ Final	0.4%	1.5%	0.4%	0.4%
2018-02-14	08:30 AM	GDP Growth Rate QoQ Flash	0.8%	0.4%	0.8%	0.6%
2018-03-26	04:30 AM	GDP Growth Rate QoQ Final	0.8%	0.4%	0.8%	0.8%
2018-05-15	07:30 AM	GDP Growth Rate QoQ Flash		0.8%		0.7%
2018-06-22	04:30 AM	GDP Growth Rate QoQ Final		0.8%
2018-08-14	07:30 AM	GDP Growth Rate QoQ Flash				0.6%

Netherlands GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	0.80	0.40	1.70	-3.20	percent	[+]
GDP Annual Growth Rate	2.90	3.00	6.10	-4.90	percent	[+]
GDP	770.85	750.32	936.23	12.28	USD Billion	[+]
GDP Constant Prices	175465.70	174150.00	175465.70	79959.50	EUR Million	[+]
Gross National Product	178654.27	169401.55	178654.27	76625.00	EUR Million	[+]
Gross Fixed Capital Formation	37725.00	37739.00	37739.00	15537.00	EUR Million	[+]
GDP per capita	52111.47	51255.12	52118.09	16188.54	USD	[+]
GDP per capita PPP	47128.31	46353.85	47134.30	32090.21	USD	[+]
GDP From Agriculture	3448.00	3259.00	3448.00	1889.00	EUR Million	[+]
GDP From Construction	8483.65	7445.08	9923.36	5717.13	EUR Million	[+]
GDP From Manufacturing	19380.00	18457.00	19380.00	12626.00	EUR Million	[+]
GDP From Mining	3048.58	1365.76	8462.55	1365.76	EUR Million	[+]
GDP From Public Administration	11232.00	10499.00	11756.00	9212.00	EUR Million	[+]
GDP From Services	34216.66	33525.06	34216.66	17493.59	EUR Million	[+]
GDP From Transport	7823.00	7488.00	7823.00	4317.00	EUR Million	[+]
GDP From Utilities	1020.00	1057.00	1057.00	542.00	EUR Million	[+]

Netherlands GDP Growth Rate

The Netherlands is the fifth-largest economy in the Euro Zone and important transportation hub in Europe. The Dutch economy depends heavily on foreign trade, with exports accounting for 83 percent of GDP and imports for 72 percent. On the expenditure side, household consumption is the main component of GDP and accounts for 45 percent of its total use, followed by government expenditure (26 percent), gross fixed capital formation (18 percent) and net trade (11 percent). This page provides - Netherlands GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Netherlands GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on April of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	0.80	0.40	1.70	-3.20	1988 - 2017	percent	Quarterly

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GDP growth rate by Country

Country	Last		Previous	Highest	Lowest
United States	2.90	Dec/17	3.2	16.9	-10	%	Quarterly
India	1.80	Dec/17	1.8	5.4	-1.7	%	Quarterly
Turkey	1.80	Dec/17	1.3	5.6	-5.2	%	Quarterly
China	1.40	Mar/18	1.6	2.4	1.3	%	Quarterly
Mexico	0.80	Dec/17	-0.2	2.9	-5.8	%	Quarterly
Netherlands	0.80	Dec/17	0.4	1.7	-3.2	%	Quarterly
France	0.70	Dec/17	0.5	7.7	-5	%	Quarterly
Spain	0.70	Dec/17	0.7	1.6	-1.6	%	Quarterly
Euro Area	0.60	Dec/17	0.7	1.3	-2.9	%	Quarterly
Germany	0.60	Dec/17	0.7	4	-4.5	%	Quarterly
Switzerland	0.60	Dec/17	0.7	2.3	-1.6	%	Quarterly
Australia	0.40	Dec/17	0.7	4.4	-2	%	Quarterly
Canada	0.40	Dec/17	0.4	3.33	-2.3	%	Quarterly
Japan	0.40	Dec/17	0.6	3.2	-4.9	%	Quarterly
United Kingdom	0.40	Dec/17	0.5	5	-2.7	%	Quarterly
Italy	0.30	Dec/17	0.4	6	-2.8	%	Quarterly
Brazil	0.10	Dec/17	0.2	3.6	-4.1	%	Quarterly
South Korea	-0.20	Dec/17	1.4	7.8	-7	%	Quarterly
Russia	-0.38	Dec/17	0.04	4.1	-5.4	%	Quarterly
Indonesia	-1.70	Dec/17	3.19	4.01	-3.57	%	Quarterly