The Dutch quarterly economic growth was revised lower to 0.4 percent in the second quarter of 2019 from a preliminary estimate of 0.5 percent. Household consumption and net foreign demand were the main drivers of the expansion, while fixed investment rose at a softer pace. GDP Growth Rate in Netherlands averaged 0.54 percent from 1988 until 2019, 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 0.40 percent in 2020, according to our econometric models.