Netherlands Productivity - Forecast

Productivity in Netherlands is expected to be 33.10 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 34.55 in 12 months time. In the long-term, the Netherlands Productivity is projected to trend around 39.34 Index Points in 2020, according to our econometric models.


Netherlands Productivity
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Netherlands Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 4.2 4.4 4.5 4.6 4.8 5.4
Employed Persons 8680 8678 8673 8668 8662 8598
Unemployed Persons 380 368 356 351 351 405
Long Term Unemployment Rate 1.7 1.71 1.71 1.72 1.72 1.78
Youth Unemployment Rate 7.4 7.14 6.85 6.83 6.97 10.09
Labour Costs 98.5 99.19 115 98.91 104 105
Productivity 32.61 33.1 33.59 34.07 34.55 39.34
Job Vacancies 219 222 215 208 204 162
Minimum Wages 1578 1578 1578 1590 1590 1626
Wage Growth 1.74 1.8 1.86 1.9 1.93 2.12
Wages in Manufacturing 113 113 114 114 114 114
Population 17.08 17.16 17.16 17.16 17.16 17.41
Retirement Age Women 65.75 66 66 66 66 66.67
Retirement Age Men 65.75 66 66 66 66 66.67
Labor Force Participation Rate 64.2 64.23 64.25 64.25 64.24 64.16
Living Wage Family 1450 1460 1460 1460 1460 1460
Living Wage Individual 1080 1065 1066 1068 1069 1058
Wages High Skilled 2940 2855 2837 2819 2801 2872
Part Time Employment 4172 4187 4193 4191 4192 4163
Wages Low Skilled 1670 1633 1614 1595 1576 1660
Employment Change 0.5 0.46 0.42 0.42 0.39 0.31
Employment Rate 76.3 76.25 76.36 76.37 76.31 75.83
Full Time Employment 4253 4259 4262 4265 4268 4298