The Gross Domestic Product (GDP) in Netherlands expanded 6.70 percent in the first quarter of 2022 over the same quarter of the previous year. source: Statistics Netherlands

GDP Annual Growth Rate in Netherlands averaged 2.16 percent from 1989 until 2022, reaching an all time high of 10.70 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 July of 2022.

GDP Annual Growth Rate in Netherlands is expected to be 3.50 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 1.60 percent in 2023 and 1.20 percent in 2024, according to our econometric models.

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Netherlands GDP Annual Growth Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-17 07:30 AM YoY Flash Q1 7% 6.5% 6.7% 5.8%
2022-06-24 04:30 AM YoY Final Q1 6.7% 6.2% 7% 7%
2022-08-17 07:30 AM YoY Flash Q2 6.7% 3.5%


Related Last Previous Unit Reference
GDP Growth Rate 0.40 0.70 percent Mar 2022
GDP Annual Growth Rate 6.70 6.20 percent Mar 2022
GDP Constant Prices 196439.90 195859.00 EUR Million Mar 2022
Gross National Product 189945.15 189134.50 EUR Million Mar 2022
Gross Fixed Capital Formation 40825.00 40267.00 EUR Million Mar 2022
Full Year GDP Growth 5.00 -3.80 percent Dec 2021
GDP From Utilities 1015.00 1186.00 EUR Million Mar 2022
GDP From Transport 8026.00 8743.00 EUR Million Mar 2022
GDP From Services 35788.03 37179.00 EUR Million Mar 2022
GDP From Public Administration 11420.00 13266.00 EUR Million Mar 2022
GDP From Mining 1170.87 1070.00 EUR Million Mar 2022
GDP From Manufacturing 22303.00 23623.00 EUR Million Mar 2022
GDP From Construction 9634.86 8382.00 EUR Million Mar 2022
GDP From Agriculture 3130.00 3174.00 EUR Million Mar 2022

Netherlands GDP Annual Growth Rate
The Netherlands is the sixth-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. Household consumption is the main component of GDP (45 percent) followed by government expenditure (26 percent), gross fixed capital formation (18 percent) and net trade (11 percent).
Actual Previous Highest Lowest Dates Unit Frequency
6.70 6.20 10.20 -8.70 1989 - 2022 percent Quarterly