Netherlands Current Account to GDP

Netherlands recorded a Current Account surplus of 8.30 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Netherlands is reported by the Eurostat. From 1980 until 2012, Netherlands Current Account to GDP averaged 4.9 Percent reaching an all time high of 10.4 Percent in December of 1984 and a record low of -1.0 Percent in December of 1980. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Netherlands Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
8.30 8.30 10.40 -1.00 8.47 | 2013/12 1980 - 2012 Percent Yearly

TO

Netherlands Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Current Account 14043.20 2013-11-15 14336.50 21080.80 -2389.10 14520.68 2014-03-31 EUR Million [+]
Exports 34942.00 2014-02-15 35722.80 38730.10 494.60 37448.76 2014-03-31 EUR Million [+]
Imports 30468.00 2014-02-15 31808.70 34890.60 584.90 32117.94 2014-03-31 EUR Million [+]
Balance of Trade 4474.00 2014-02-15 3914.00 5619.50 -907.60 4095.39 2014-03-31 EUR Million [+]
External Debt 408620.00 2014-01-31 381589.00 579890.00 53290.00 390328.80 2014-02-28 EUR Million [+]
Remittances 45.00 2013-08-15 45.00 171.00 0.00 47.51 2013-12-31 EUR Million [+]
Terms of Trade 100.20 2014-02-15 101.60 107.00 92.50 100.76 2014-02-28 Index Points [+]
Current Account to GDP 8.30 2012-12-31 8.30 10.40 -1.00 8.47 2013-12-31 Percent [+]
[+]


Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.


RELATED NEWS

Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Dutch Trade Surplus Widens in February to 3-Month High  
The trade surplus increased to EUR 4.5 billion in February of 2014, from a revised EUR 3.9 billion in the previous month, as imports decreased at a faster pace than exports. Compared with a year earlier, the trade surplus widened from EUR 4.2 billion.
Dutch Inflation Rate Falls Further to 4-1/2 Year Low  
Netherlands’ annual inflation rate dropped to 0.8 percent in March of 2014, down from 1.06 percent in the previous month and 2.92 a year earlier. The CPI fell more than expected, reaching the lowest level since June of 2010.
Dutch Economy Expands More Than Expected in Q4  
The Dutch GDP advanced 0.9 percent in the final quarter of 2013, up from a preliminary 0.7 percent expansion, as investment grew faster-than-expected. In 2013, the Netherlands’ economy contracted 0.8 percent.
Dutch Unemployment Rate Rises Further in February  
Netherlands' jobless rate increased to a fresh record high 8.8 percent in February of 2014. The number of unemployed persons edged up by 13 thousand to 691 thousand.
Netherlands Trade Surplus Widens to 10-Month High  
Trade surplus in Netherlands increased to € 4.26 billion in January of 2014 from € 4.05 billion a year earlier, as imports declined. Compared with December of 2013, the trade surplus increased by € 0.77 billion.
Dutch Inflation Rate Slows in February  
Netherlands’ annual inflation eased further to 1.1 percent in February of 2014 from 1.4 percent in January. The inflation is now below the Euro Area average for the first time since September of 2012.
Dutch Unemployment Rate Up to 4-Month High  
In January of 2014, the Netherland’s jobless rate rose for the second straight month to 8.6 percent, up from 8.5 percent in the last month of 2013. In January last year, unemployment was recorded at 7.5 percent.
Dutch Trade Surplus Edges Down in December  
In December, Netherlands’ trade surplus fell to € 3.24 billion, the lowest value in 3 months. The surplus was up by €0.1 billion as exports rose at a faster pace than imports when compared to the previous year.
Dutch Economy Expands 0.7% QoQ in Q4  
In the fourth quarter of 2013, Netherlands' economy grew 0.7 percent quarter-on-quarter, up from 0.3 percent in Q3. Over the full year, the economy contracted 0.8 percent.
MORE RELATED NEWS

LATEST NEWS

Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News