Netherlands GDP Growth Rate  1988-2017 | Data | Chart | Calendar

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 with preliminary estimates, final figures showed. It was the strongest growth rate since the last quarter of 2007 as household consumption rose at a faster pace (0.8 percent from 0.2 percent in Q1 2017) while fixed investment went up (0.8 percent from 4.5 percent in Q1). Also, changes in inventories added 0.3 percentage points to growth (0.2 p.p. in Q1). Meanwhile, government spending rebounded 0.8 percent (-0.1 percent in Q1), and net external demand contributed positively, as exports went up at a faster 1.8 percent (1.6 percent in Q1) while imports increased 1.2 percent (2 percent in Q1). Year-on-year, the economy grew 3.3 percent, and in line with preliminary estimates. 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.

Netherlands GDP Growth Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.




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.

Household spending increased at a faster 0.8 percent (0.2 percent in the previous period) and government consumption rebounded (0.8 percent compared to -0.1 percent in the previous period) while gross fixed capital formation slowed (0.8 percent compared to 4.5 percent). Exports went up 1.8 percent (1.6 percent in the previous period) and imports rose 1.2 percent (2 percent in the previous period).
 
Year-on-year, the economy expanded 3.3 percent in the second quarter of the year, above 3.2 percent in the previous period. It was also the highest expansion since the last quarter of 2007. Household spending increased faster (2.4 percent compared to 1.7 percent in the previous period). On the other hand,  government consumption grew by 1.1 percent, the same pace as in the previous period, while investment went up slower (4.2 percent compared to 6.6 percent). Exports rose 4.6 percent (5.5 percent in the previous period. While  imports went up at a slower 3.8 percent (5.3 percent in the previous period).
 
 
 
 
 
 

Statistics Netherlands l Chusnul Ch Manan | chusnul@tradingeconomics.com
10/11/2017 5:45:59 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-06-23 04:30 AM GDP Growth Rate QoQ Final 0.4% 0.6% 0.4% 0.4%
2017-08-16 07:30 AM GDP Growth Rate QoQ Flash 1.5% 0.6% 0.6% 0.5%
2017-09-22 04:30 AM GDP Growth Rate QoQ Final 1.5% 0.6% 1.5% 1.5%
2017-11-14 08:30 AM GDP Growth Rate QoQ Flash 1.5% 0.8%
2017-12-22 05:30 AM GDP Growth Rate QoQ Final 1.5% 0.8%


Netherlands GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.50 0.60 1.70 -3.20 percent [+]
GDP Annual Growth Rate 3.30 3.20 6.10 -4.90 percent [+]
GDP 770.85 750.32 936.23 12.28 USD Billion [+]
GDP Constant Prices 173418.20 168902.00 174571.00 79959.50 EUR Million [+]
Gross National Product 171494.93 169916.02 173843.60 76625.00 EUR Million [+]
Gross Fixed Capital Formation 36966.00 36411.00 37064.00 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 2207.00 2600.00 3302.00 1889.00 EUR Million [+]
GDP From Construction 9347.09 9143.00 9923.00 5717.00 EUR Million [+]
GDP From Manufacturing 18570.00 18541.00 18817.00 12626.00 EUR Million [+]
GDP From Mining 1550.91 3710.00 8463.00 1550.91 EUR Million [+]
GDP From Public Administration 11736.00 10230.00 11769.00 9212.00 EUR Million [+]
GDP From Services 33226.33 29743.55 33226.33 17494.00 EUR Million [+]
GDP From Transport 7322.00 7273.00 7660.00 4317.00 EUR Million [+]
GDP From Utilities 986.00 1027.00 1056.00 542.00 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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.50 0.60 1.70 -3.20 1988 - 2017 percent Quarterly




gdp growth rate by Country

Last
Indonesia 4.00 Jun/17
United States 3.10 Jun/17
Turkey 2.10 Jun/17
China 1.70 Jun/17
Netherlands 1.50 Jun/17
India 1.40 Jun/17
Canada 1.10 Jun/17
Russia 1.08 Jun/17
Spain 0.90 Jun/17
Australia 0.80 Jun/17
Euro Area 0.60 Jun/17
Germany 0.60 Jun/17
Japan 0.60 Jun/17
Mexico 0.60 Jun/17
South Korea 0.60 Jun/17
France 0.50 Jun/17
Italy 0.40 Jun/17
Switzerland 0.30 Jun/17
United Kingdom 0.30 Jun/17
Brazil 0.20 Jun/17