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

The Dutch economy grew by 0.7 percent on quarter in the three months to June 2018, following a 0.6 percent expansion in the previous period and beating market expectations of 0.5 percent, a preliminary estimate showed. Growth was mainly driven by foreign trade and investments. 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.

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 Stronger than Expected


The Dutch economy grew by 0.7 percent on quarter in the three months to June 2018, following a 0.6 percent expansion in the previous period and beating market expectations of 0.5 percent, a preliminary estimate showed. Growth was mainly driven by foreign trade and investments.

Net external demand was the main driver of growth, as exports jumped 0.9 percent in the second quarter (vs -0.6 percent in Q1) and imports dropped 0.1 percent (vs 0.3 percent in Q1). Also, fixed investment advanced 0.7 percent (vs 2.5 percent in Q1) and government spending rose 0.2 percent (vs 0.4 percent in Q1). Changes in inventories contributed 0.1 percentage points to growth (vs 0.6 percentage points in Q1). On the other hand, household consumption was unchanged in the second quarter after a 1.4 percent surge in the previous period.

Compared with the same quarter of 2017, the GDP rose by 2.9 percent in the three months to June, following a 2.8 percent advance in the previous period. Growth was driven by fixed investment (5.3 percent vs 6.3 percent in Q1), exports (2.9 percent vs 2.5 percent), household expenditure (2.2 percent vs 3.6 percent) and public spending (1.2 percent vs 1.3 percent). Also, changes in stocks contributed 0.8 percentage points to growth (vs -1 percentage points in Q1).


CBS | Joana Ferreira | joana.ferreira@tradingeconomics.com
8/14/2018 7:54:47 AM



Calendar GMT Actual Previous Consensus TEForecast
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 0.6% 0.9% 0.5% 0.5%
2018-08-14 07:30 AM GDP Growth Rate QoQ Flash 0.7% 0.6% 0.5% 0.6%
2018-09-21 04:30 AM GDP Growth Rate QoQ Final 0.6% 0.7% 0.7%
2018-11-14 08:30 AM GDP Growth Rate QoQ Flash 0.5%
2018-12-24 05:30 AM GDP Growth Rate QoQ Final


Netherlands GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.70 0.60 1.70 -3.20 percent [+]
GDP Annual Growth Rate 2.90 2.80 6.10 -4.90 percent [+]
GDP 826.20 777.23 936.23 12.28 USD Billion [+]
GDP Constant Prices 176317.10 175389.00 176317.10 79959.50 EUR Million [+]
Gross National Product 178247.47 178654.27 178654.27 76625.00 EUR Million [+]
Gross Fixed Capital Formation 38741.00 37862.00 38741.00 15537.00 EUR Million [+]
GDP per capita 53597.83 52267.73 53597.83 16188.54 USD [+]
GDP per capita PPP 48472.54 47269.63 48472.54 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 10554.00 11232.00 11756.00 9212.00 EUR Million [+]
GDP From Services 31189.68 34216.66 34216.66 17493.59 EUR Million [+]
GDP From Transport 7633.00 7823.00 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 August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.70 0.60 1.70 -3.20 1988 - 2018 percent Quarterly




GDP growth rate by Country
Country Last
Indonesia 4.21 Jun/18
United States 4.10 Jun/18
Turkey 2.00 Mar/18
India 1.90 Mar/18
China 1.80 Jun/18
Australia 1.00 Mar/18
Russia 0.85 Mar/18
Netherlands 0.70 Jun/18
South Korea 0.70 Jun/18
Spain 0.60 Jun/18
Switzerland 0.60 Mar/18
Germany 0.50 Jun/18
Japan 0.50 Jun/18
Brazil 0.40 Mar/18
Euro Area 0.40 Jun/18
United Kingdom 0.40 Jun/18
Canada 0.30 Mar/18
France 0.20 Jun/18
Italy 0.20 Jun/18
Mexico -0.10 Jun/18


Related

Latest