The Dutch economy expanded 0.2 percent on quarter on the three months to September of 2018, well below a downwardly revised 0.7 percent in the previous period and worse than market expectations of 0.5 percent. It is the lowest growth rate since the second quarter of 2016, preliminary estimates showed. Household spending was the main driver of growth while exports slowed and investment shrank. 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 -3.60 percent in the first quarter of 2009.
GDP Growth Rate in Netherlands is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Netherlands to stand at 0.40 in 12 months time. In the long-term, the Netherlands GDP Growth Rate is projected to trend around 0.60 percent in 2020, according to our econometric models.