Netherlands Productivity - Forecast

Productivity in Netherlands is expected to be 32.60 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Netherlands to stand at 32.44 in 12 months time. In the long-term, the Netherlands Productivity is projected to trend around 32.58 Index Points in 2020, according to our econometric models.


Netherlands Productivity
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Netherlands Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 3.9 3.9 3.8 4.2 4.4 5.1
Employed Persons 8724 8707 8686 8646 8606 8609
Unemployed Persons 355 351 356 376 402 403
Long Term Unemployment Rate 1.7 1.85 1.85 1.85 1.85 1.85
Youth Unemployment Rate 6.9 7.73 8.13 8.46 8.62 8.48
Labour Costs 104 104 94.22 104 94.23 104
Productivity 32.8 32.6 32.44 32.6 32.44 32.58
Job Vacancies 238 216 211 214 212 213
Minimum Wages 1578 1578 1590 1590 1614 1626
Wage Growth 1.74 1.7 1.56 1.45 1.4 1.49
Wages in Manufacturing 113 114 114 114 114 120
Population 17.08 17.16 17.16 17.16 17.2 17.41
Retirement Age Women 66 66 66 66 66.25 66.5
Retirement Age Men 66 66 66 66 66.25 66.5
Labor Force Participation Rate 64 64.06 64.06 64.06 64.06 64.06
Living Wage Family 1450 1450 1450 1450 1560 1560
Living Wage Individual 1080 1066 1068 1069 1068 1058
Wages High Skilled 2940 3000 3000 3000 3050 3050
Part Time Employment 4229 4258 4260 4270 4270 4250
Wages Low Skilled 1670 1690 1690 1690 1690 1750
Employment Change 0.6 0.49 0.47 0.42 0.42 0.32
Employment Rate 76.3 76.36 76.37 76.31 76.28 75.83
Full Time Employment 4210 4213 4236 4215 4234 4221