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.

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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

Recent Releases

Dutch Q1 GDP Growth Revised Up to 0.6%
The Dutch economy advanced by 0.6 percent on quarter in the three months to March of 2018, slowing from an upwardly revised 0.9 percent rise in the fourth quarter of 2017, beating market expectations of a 0.5 percent expansion, and above the preliminary estimates of 0.5 percent expansion.
Published on 2018-06-22

Dutch Economy Grows at a Slower 0.5% in Q1
The Dutch economy advanced by 0.5 percent on quarter in the three months to March of 2018, slowing from a downwardly revised 0.7 percent rise in the fourth quarter and below market expectations of a 0.6 percent growth. The expansion was mainly boosted by household consumption and fixed investment.
Published on 2018-05-15

Dutch Q4 GDP Growth Confirmed at 0.8%
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 matching the preliminary estimate.
Published on 2018-03-26

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.
Published on 2018-02-14

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

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GDP growth rate by Country

Country	Last		Previous	Highest	Lowest
Indonesia	4.21	Jun/18	-0.41	4.21	-3.57	%	Quarterly
United States	4.10	Jun/18	2.2	16.7	-10	%	Quarterly
Turkey	2.00	Mar/18	1.7	5.6	-5.2	%	Quarterly
India	1.90	Mar/18	1.8	5.4	-1.7	%	Quarterly
China	1.80	Jun/18	1.4	2.4	1.3	%	Quarterly
Australia	1.00	Mar/18	0.5	4.4	-2	%	Quarterly
Russia	0.85	Mar/18	-0.33	4.1	-5.4	%	Quarterly
Netherlands	0.70	Jun/18	0.6	1.7	-3.2	%	Quarterly
South Korea	0.70	Jun/18	1	7.8	-7	%	Quarterly
Spain	0.60	Jun/18	0.7	1.6	-1.6	%	Quarterly
Switzerland	0.60	Mar/18	0.6	2.3	-1.6	%	Quarterly
Germany	0.50	Jun/18	0.4	4	-4.5	%	Quarterly
Japan	0.50	Jun/18	-0.2	3.2	-4.9	%	Quarterly
Brazil	0.40	Mar/18	0.2	3.6	-4.1	%	Quarterly
Euro Area	0.40	Jun/18	0.4	1.3	-2.9	%	Quarterly
United Kingdom	0.40	Jun/18	0.2	5	-2.7	%	Quarterly
Canada	0.30	Mar/18	0.4	3.1	-2.3	%	Quarterly
France	0.20	Jun/18	0.2	7.7	-5	%	Quarterly
Italy	0.20	Jun/18	0.3	6	-2.8	%	Quarterly
Mexico	-0.10	Jun/18	1.1	3.2	-5.7	%	Quarterly