Netherlands GDP Growth Rate  1988-2017 | Data | Chart | Calendar

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, while investment growth was strong. 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 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.

Household consumption grew only 0.6 percent (0.9 percent in Q2) while government spending stalled (0.7 percent in Q2). Exports also rose less (1.7 percent comapred to 2 percent) and imports advanced more (1.7 percent compared to 1.3 percent).

On the other hand, investment growth accelerated (2 percent compared to 0.9 percent), mainly due to a rebound in public investment (4.8 percent compared to -3.6 percent). Investment from companies and households rose less (1.5 percent compared to 1.8 percent). 

Year-on-year, the economy advanced at a slower 3 percent (3.3 percent in the previous period). Public expenditure went up slightly less (1 percent compared to 1.1 percent) while household spending rose slightly more (2.5 percent compared to 2.4 percent), mainly due to electrical appliances, clothing and services such as catering and recreation. Investment jumped 6.2 percent, following a 4.2 percent rise in the previous period as private one rose faster (7.8 percent compared to 6.7 percent) and public one fell less (-0.7 percent compared to -8.1 percent). Exports jumped 6 percent (4.6 percent in Q2) and imports increased 5.4 percent (3.8 percent in Q2). 

Joana Taborda | joana.taborda@tradingeconomics.com
11/14/2017 11:57:45 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-08-16 07:30 AM GDP Growth Rate QoQ Flash 1.5% 0.6% 0.6% 0.5%
2017-09-22 04:30 AM GDP Growth Rate QoQ Final 1.5% 0.6% 1.5% 1.5%
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 1.5% 0.4% 0.4%
2018-02-14 08:30 AM GDP Growth Rate QoQ Flash
2018-03-24 05:30 AM GDP Growth Rate QoQ Final


Netherlands GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.40 1.50 1.70 -3.20 percent [+]
GDP Annual Growth Rate 3.00 3.30 6.10 -4.90 percent [+]
GDP 770.85 750.32 936.23 12.28 USD Billion [+]
GDP Constant Prices 174069.10 173418.20 174571.00 79959.50 EUR Million [+]
Gross National Product 171494.93 169916.02 173843.60 76625.00 EUR Million [+]
Gross Fixed Capital Formation 37785.00 36966.00 37785.00 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 3247.00 2207.00 3302.00 1889.00 EUR Million [+]
GDP From Construction 7392.89 9347.09 9923.00 5717.00 EUR Million [+]
GDP From Manufacturing 18476.00 18570.00 18817.00 12626.00 EUR Million [+]
GDP From Mining 1380.22 1550.91 8463.00 1380.22 EUR Million [+]
GDP From Public Administration 11736.00 10230.00 11769.00 9212.00 EUR Million [+]
GDP From Services 33518.43 33226.33 33518.43 17494.00 EUR Million [+]
GDP From Transport 7322.00 7273.00 7660.00 4317.00 EUR Million [+]
GDP From Utilities 1057.00 986.00 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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.40 1.50 1.70 -3.20 1988 - 2017 percent Quarterly




GDP growth rate by Country
Country Last
United States 3.30 Sep/17
Indonesia 3.18 Sep/17
China 1.70 Sep/17
South Korea 1.50 Sep/17
India 1.40 Jun/17
Turkey 1.20 Sep/17
Russia 1.08 Jun/17
Germany 0.80 Sep/17
Spain 0.80 Sep/17
Australia 0.60 Sep/17
Euro Area 0.60 Sep/17
Japan 0.60 Sep/17
Switzerland 0.60 Sep/17
France 0.50 Sep/17
Canada 0.40 Sep/17
Italy 0.40 Sep/17
Netherlands 0.40 Sep/17
United Kingdom 0.40 Sep/17
Brazil 0.10 Sep/17
Mexico -0.30 Sep/17