Netherlands Productivity - Forecast

Productivity in Netherlands is expected to be 34.17 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 34.36 in 12 months time. In the long-term, the Netherlands Productivity is projected to trend around 34.91 Index Points in 2020, according to our econometric models.


Forecast Data Chart
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Netherlands Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 3.9 3.8 4.2 4.4 4.5 5.1
Employed Persons 8807 8766 8766 8766 8766 8766
Unemployed Persons 353 347 341 336 331 314
Long Term Unemployment Rate 1.6 1.21 1.18 1.1 0.94 0.22
Youth Unemployment Rate 7.3 7.45 7.65 7.78 7.87 8.07
Labour Costs 102 103 104 104 104 104
Productivity 34.1 34.17 34.24 34.3 34.36 34.91
Job Vacancies 261 260 264 275 290 314
Minimum Wages 1594 1594 1594 1614 1614 1626
Wage Growth 2.09 2.15 2.26 2.32 2.37 2.44
Wages in Manufacturing 114 114 114 114 116 120
Population 17.12 17.12 17.12 17.18 17.18 17.26
Retirement Age Women 66 66 66 66.25 66 66.5
Retirement Age Men 66 66 66 66.25 66 66.5
Labor Force Participation Rate 63.9 63.92 63.95 63.91 63.96 63.95
Living Wage Family 1450 1460 1460 1560 1460 1560
Living Wage Individual 1080 1077 1075 1075 1075 1075
Wages High Skilled 2940 3000 3000 3000 2847 3050
Part Time Employment 4292 4298 4335 4335 4365 4408
Wages Low Skilled 1670 1690 1690 1690 1620 1750
Employment Change 0.5 0.8 0.8 0.79 0.8 0.8
Employment Rate 76.2 76.97 76.95 76.87 77.13 77.75
Full Time Employment 4226 4249 4230 4220 4237 4244