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

The Dutch economy advanced by 0.5 percent on quarter in the three months to March of 2018, slowing from a downwardly revised 0.7 percent rise in the fourth quarter and below market expectations of a 0.6 percent growth. The expansion was mainly boosted by household consumption and fixed investment. GDP Growth Rate in Netherlands averaged 0.55 percent from 1988 until 2018, 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 Economy Grows at a Slower 0.5% in Q1

The Dutch economy advanced by 0.5 percent on quarter in the three months to March of 2018, slowing from a downwardly revised 0.7 percent rise in the fourth quarter and below market expectations of a 0.6 percent growth. The expansion was mainly boosted by household consumption and fixed investment.

Compared to the fourth quarter of 2017, output rose faster for household spending (1.7 percent after showing no growth in Q4) and fixed investment (2.3 percent from 0.3 percent). Meanwhile, government spending (0.1 percent vs 0.3 percent) and changes in inventories (0.1 percent after no growth in Q4) contributed little to the expansion. Meantime, net external trade contributed negatively to growth as exports declined 0.1 percent (1.3 percent in Q4) while imports went up 0.9 percent (1.1 percent in Q4).

Year-on-year, the Dutch economy grew by 2.8 percent in the first quarter of 2018, easing slightly from a 2.9 percent expansion in the previous period. Growth was primarily driven by fixed investment (6.2 percent, the same pace as in Q4) and household expenditure (3.2 percent vs 1.0 percent) which rose the most in over 17 years. Also, public spending advanced more (1.4 percent vs 0.9 percent). Meanwhile, net external trade contributed negatively to growth for the first time in more than two years, as imports jumped 4.7 percent (6.3 percent in Q4) and exports increased at a slower 3.6 percent (7.0 percent in Q4).

Statistics Netherlands l Luisa Carvalho | luisa.carvalho@tradingeconomics.com
5/15/2018 10:13:26 AM

Recent Releases

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.
Published on 2018-03-26

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

Calendar	GMT		Actual	Previous	Consensus	TEForecast
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	0.5%	0.7%	0.6%	0.7%
2018-06-22	04:30 AM	GDP Growth Rate QoQ Final		0.8%	0.5%	0.5%
2018-08-14	07:30 AM	GDP Growth Rate QoQ Flash				0.6%
2018-09-21	04:30 AM	GDP Growth Rate QoQ Final

Netherlands GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	0.50	0.80	1.70	-3.20	percent	[+]
GDP Annual Growth Rate	2.80	2.90	6.10	-4.90	percent	[+]
GDP	770.85	750.32	936.23	12.28	USD Billion	[+]
GDP Constant Prices	176317.10	175389.00	176317.10	79959.50	EUR Million	[+]
Gross National Product	178654.27	169401.55	178654.27	76625.00	EUR Million	[+]
Gross Fixed Capital Formation	38741.00	37862.00	38741.00	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	2578.00	3448.00	3448.00	1889.00	EUR Million	[+]
GDP From Construction	9707.10	8483.65	9923.36	5717.13	EUR Million	[+]
GDP From Manufacturing	19274.00	19380.00	19380.00	12626.00	EUR Million	[+]
GDP From Mining	3334.55	3048.58	8462.55	1365.76	EUR Million	[+]
GDP From Public Administration	11232.00	10499.00	11756.00	9212.00	EUR Million	[+]
GDP From Services	31189.68	34216.66	34216.66	17493.59	EUR Million	[+]
GDP From Transport	7823.00	7488.00	7823.00	4317.00	EUR Million	[+]
GDP From Utilities	1043.00	1020.00	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 June of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	0.50	0.80	1.70	-3.20	1988 - 2018	percent	Quarterly

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GDP growth rate by Country

Country	Last		Previous	Highest	Lowest
United States	2.20	Mar/18	2.9	16.9	-10	%	Quarterly
Turkey	2.00	Mar/18	1.7	5.6	-5.2	%	Quarterly
India	1.90	Mar/18	1.8	5.4	-1.7	%	Quarterly
China	1.40	Mar/18	1.6	2.4	1.3	%	Quarterly
Mexico	1.10	Mar/18	0.9	3.2	-5.7	%	Quarterly
Australia	1.00	Mar/18	0.5	4.4	-2	%	Quarterly
South Korea	1.00	Mar/18	-0.2	7.8	-7	%	Quarterly
Spain	0.70	Mar/18	0.7	1.6	-1.6	%	Quarterly
Switzerland	0.60	Mar/18	0.6	2.3	-1.6	%	Quarterly
Netherlands	0.50	Mar/18	0.8	1.7	-3.2	%	Quarterly
Brazil	0.40	Mar/18	0.2	3.6	-4.1	%	Quarterly
Euro Area	0.40	Mar/18	0.7	1.3	-2.9	%	Quarterly
Canada	0.30	Mar/18	0.4	3.1	-2.3	%	Quarterly
Germany	0.30	Mar/18	0.6	4	-4.5	%	Quarterly
Italy	0.30	Mar/18	0.4	6	-2.8	%	Quarterly
France	0.20	Mar/18	0.7	7.7	-5	%	Quarterly
United Kingdom	0.10	Mar/18	0.4	5	-2.7	%	Quarterly
Japan	-0.20	Mar/18	0.3	3.2	-4.9	%	Quarterly
Russia	-0.38	Dec/17	0.04	4.1	-5.4	%	Quarterly
Indonesia	-0.42	Mar/18	-1.7	4.01	-3.57	%	Quarterly