The Netherlands' economy advanced by 10.4 percent year-on-year in the second quarter of 2021, ending a five-quarter period of contraction, more than initially estimates of a 9.7 percent growth. It was the strongest growth in the economy since the series began in 1989, reflecting a low base year due to the coronavirus crisis and the reopening of the economy. source: Statistics Netherlands
GDP Annual Growth Rate in Netherlands averaged 2.07 percent from 1989 until 2021, reaching an all time high of 10.40 percent in the second quarter of 2021 and a record low of -9.20 percent in the second quarter of 2020. This page provides - Netherlands GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Netherlands GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
GDP Annual Growth Rate in Netherlands is expected to be 4.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Netherlands GDP Annual Growth Rate is projected to trend around 2.70 percent in 2022 and 1.90 percent in 2023, according to our econometric models.