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

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. Growth was mainly driven by exports. 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
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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.

Net external demand was the main driver of growth, as exports jumped 0.8 percent (vs 1.8 percent in Q3) and imports increased at a slower 0.1 percent (vs 1.8 percent in Q3). Also, government spending advanced 0.5 percent, after showing no growth in the previous three-month period and changes in inventories contributed 0.1 percentage points to growth (vs -0.2 p.p. in Q3). On the other hand, there was a contraction in household consumption (-0.3 percent vs 0.4 percent in Q3) while fixed investment was unchanged (vs 2.1 percent in Q3).

Compared with the same quarter of 2016, the GDP rose by 2.9 percent, easing slightly from a 3 percent advance in the previous period. Growth was driven by fixed investment (6.4 percent vs 7 percent in Q3), exports (5.5 percent vs 6.4 percent), household expenditure (0.9 percent vs 2.4 percent) and public spending (0.8 percent vs 1 percent). Also, changes in stocks contributed 0.5 p.p. to growth (vs 0.2 p.p. in Q3).

Considering 2017 full year, the economy grew by 3.1 percent, compared with 2.2 percent in 2016. It was the strongest pace of expansion since 2007.


CBS | Joana Ferreira | joana.ferreira@tradingeconomics.com
2/14/2018 8:58:21 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-11-14 08:30 AM GDP Growth Rate QoQ Flash 0.4% 1.5% 0.5% 0.5%
2017-12-22 05:30 AM GDP Growth Rate QoQ Final 0.4% 1.5% 0.4% 0.4%
2018-02-14 08:30 AM GDP Growth Rate QoQ Flash 0.8% 0.4% 0.6% 0.6%
2018-03-26 04:30 AM GDP Growth Rate QoQ Final 0.4% 0.8% 0.8%
2018-05-15 07:30 AM GDP Growth Rate QoQ Flash 0.70%
2018-06-22 04:30 AM GDP Growth Rate QoQ Final


Netherlands GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.80 0.40 1.70 -3.20 percent [+]
GDP Annual Growth Rate 2.90 3.00 6.10 -4.90 percent [+]
GDP 770.85 750.32 936.23 12.28 USD Billion [+]
GDP Constant Prices 175433.90 173982.00 175433.90 79959.50 EUR Million [+]
Gross National Product 169271.10 171494.93 174634.00 76625.00 EUR Million [+]
Gross Fixed Capital Formation 37850.00 37987.00 37987.00 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 3476.00 3259.00 3476.00 1889.00 EUR Million [+]
GDP From Construction 8550.46 7445.00 9923.00 5717.00 EUR Million [+]
GDP From Manufacturing 19378.00 18467.00 19378.00 12626.00 EUR Million [+]
GDP From Mining 3047.34 1366.00 8463.00 1366.00 EUR Million [+]
GDP From Public Administration 10478.00 11736.00 11756.00 9212.00 EUR Million [+]
GDP From Services 34183.03 33517.00 34183.03 17494.00 EUR Million [+]
GDP From Transport 7488.00 7322.00 7536.00 4317.00 EUR Million [+]
GDP From Utilities 1020.00 1057.00 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 February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.40 1.70 -3.20 1988 - 2017 percent Quarterly




GDP growth rate by Country
Country Last
United States 2.60 Dec/17
China 1.60 Dec/17
India 1.60 Sep/17
Turkey 1.20 Sep/17
Russia 1.08 Jun/17
Mexico 1.00 Dec/17
Netherlands 0.80 Dec/17
Spain 0.70 Dec/17
Australia 0.60 Sep/17
Euro Area 0.60 Dec/17
France 0.60 Dec/17
Germany 0.60 Dec/17
Switzerland 0.60 Sep/17
Canada 0.40 Sep/17
United Kingdom 0.40 Dec/17
Italy 0.30 Dec/17
Brazil 0.10 Sep/17
Japan 0.10 Dec/17
South Korea -0.20 Dec/17
Indonesia -1.70 Dec/17


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