Netherlands | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 0.50 0.4 0.4 0.5 0.5 0.5 percent [+]
Unemployment Rate 5.30 5.4 5.2 5.1 5 5.6 percent [+]
Inflation Rate 1.70 1.8 2 1.9 1.7 2.5 percent [+]
Interest Rate 0.00 0 0 0 0 0.5 percent [+]
Balance of Trade 5494.00 4514 4535 4537 4536 4536 EUR Million [+]
Government Debt to GDP 65.10 67.69 66.65 65.6 64.56 63.61 percent [+]
MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 1.06 1.02 1.01 1 1.04 0.83 [+]
Stock Market 497.63 474 469 465 460 387 points [+]
Government Bond 10Y 0.55 0.35 0.35 0.35 0.41 0.41 percent [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 0.50 0.4 0.4 0.5 0.5 0.5 percent [+]
GDP Annual Growth Rate 2.30 1.8 2 2.1 2.2 2.4 percent [+]
GDP 750.28 766 769 760 780 875 USD Billion [+]
GDP Constant Prices 168901.40 169613 170218 170770 171297 177226 EUR Million [+]
Gross National Product 160770.71 167748 170991 168027 172925 182113 EUR Million [+]
Gross Fixed Capital Formation 34088.00 34180 33849 33769 33691 33586 EUR Million [+]
GDP per capita 51268.47 50891 51139 51387 51635 54053 USD [+]
GDP per capita PPP 46686.88 46382 46540 46698 46856 48766 USD [+]
GDP From Agriculture 3253.00 2763 2748 2747 2747 2747 EUR Million [+]
GDP From Construction 7849.42 8714 9239 7438 8043 8195 EUR Million [+]
GDP From Manufacturing 18270.00 18190 18155 18156 18339 18321 EUR Million [+]
GDP From Mining 3550.96 4022 1959 1629 3564 3501 EUR Million [+]
GDP From Public Administration 10350.00 10634 11727 10634 11727 11727 EUR Million [+]
GDP From Services 32902.27 31657 32901 31659 32899 32891 EUR Million [+]
GDP From Transport 7365.00 7499 7544 7579 7615 8048 EUR Million [+]
GDP From Utilities 1005.00 994 1030 1085 1062 1106 EUR Million [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 5.30 5.4 5.2 5.1 5 5.6 percent [+]
Employed Persons 8511.00 8513 8514 8514 8514 8514 Thousand [+]
Unemployed Persons 480.00 468 452 440 430 392 Thousand [+]
Long Term Unemployment Rate 2.30 2.23 2.11 1.85 1.78 1.01 percent [+]
Youth Unemployment Rate 9.80 9.43 8.98 8.67 8.46 7.98 percent [+]
Labour Costs 115.50 100 115 98.13 104 103 Index Points [+]
Productivity 32.03 32.02 32.02 32.02 32.02 32.02 Index Points [+]
Job Vacancies 163.40 174 179 176 178 192 Thousand [+]
Wages 2245.00 2259 2269 2279 2289 2468 EUR/Month [+]
Wage Growth 1.30 1.22 1.05 0.95 0.88 0.75 percent [+]
Wages in Manufacturing 110.90 111 112 112 113 118 Index Points [+]
Minimum Wages 1551.60 1520 1520 1561 1530 1560 EUR/Month [+]
Population 16.98 16.9 16.93 16.95 16.97 17.29 Million [+]
Retirement Age Women 65.75 65.75 65.75 65.75 65.75 66.67 [+]
Retirement Age Men 65.75 65.75 65.75 65.75 65.75 66.67 [+]
Employment Change 0.30 0.34 0.29 0.25 0.31 0.29 percent [+]
Employment Rate 75.30 74.74 75.27 75.45 75.31 75.77 percent [+]
Full Time Employment 4180.80 4145 4182 4224 4211 4250 Thousand [+]
Wages High Skilled 2870.00 2850 2845 2841 2838 2824 EUR/Month [+]
Wages Low Skilled 1560.00 1605 1605 1605 1605 1605 EUR/Month [+]
Part Time Employment 4098.10 4124 4150 4140 4162 4179 Thousand [+]
Living Wage Family 1196.30 1215 1208 1211 1210 1210 EUR/Month [+]
Living Wage Individual 1070.00 1090 1086 1084 1083 1082 EUR/Month [+]
Labor Force Participation Rate 64.10 64.06 64.12 64.06 64.11 64.11 percent [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 1.70 1.8 2 1.9 1.7 2.5 percent [+]
Harmonised Consumer Prices 99.64 99.89 100 100 101 103 Index Points [+]
Consumer Price Index CPI 100.35 100 101 101 101 102 Index Points [+]
Core Consumer Prices 100.37 101 101 102 102 106 Index Points [+]
Core Inflation Rate 1.40 1.35 1.35 1.35 1.35 1.35 percent [+]
GDP Deflator 104.37 104 104 104 104 104 Index Points [+]
Producer Prices 103.50 105 106 108 110 123 Index Points [+]
Export Prices 100.70 100 100 100 100 100 Index Points [+]
Import Prices 102.10 101 101 101 101 101 Index Points [+]
Food Inflation 1.50 1.55 1.52 1.52 1.52 1.52 percent [+]
Cpi Transportation 101.50 102 101 101 101 101 Index Points [+]
Producer Prices Change 4.86 3.6 2.8 2.2 2 2.3 percent [+]
Inflation Rate Mom -0.40 0.05 -0.01 0.05 0.01 0.02 percent [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 0.00 0 0 0 0 0.5 percent [+]
Interbank Rate -0.33 -0.33 -0.33 -0.33 -0.33 -0.33 percent [+]
Money Supply M0 58131.00 58633 59332 60025 60707 68019 EUR Million [+]
Money Supply M1 448565.00 452879 449481 452849 449529 449806 EUR Million [+]
Money Supply M2 843648.00 850331 843448 850053 843548 844252 EUR Million [+]
Money Supply M3 880587.00 881970 881841 881877 881874 881874 EUR Million [+]
Banks Balance Sheet 2465154.00 2461845 2444719 2459302 2444503 2444953 EUR Million [+]
Foreign Exchange Reserves 34637.00 34620 34340 34168 34026 33457 EUR Million [+]
Loans to Private Sector 298873.00 305655 305631 305626 305625 305625 EUR Million [+]
Central Bank Balance Sheet 302766.00 308896 309310 309748 309841 310047 EUR Million [+]
Private Debt to GDP 266.14 268 267 267 267 267 percent [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade 5494.00 4514 4535 4537 4536 4536 EUR Million [+]
Exports 38654.00 37921 37903 37926 37923 37925 EUR Million [+]
Imports 33160.00 32968 32984 33002 33005 33007 EUR Million [+]
Current Account 11472.00 11178 13119 13882 14277 14055 EUR Million [+]
Current Account to GDP 9.10 8.7 8.7 7.86 7.8 8.16 percent [+]
External Debt 3732721.60 3762653 3748215 3766887 3758072 3771605 EUR Million [+]
Terms of Trade 98.60 100 101 101 101 101 Index Points [+]
Capital Flows 11025.10 11177 10392 10616 9933 10328 EUR Million [+]
Remittances 56.00 56.08 55.94 56.04 55.95 55.99 EUR Million [+]
Gold Reserves 612.45 612 612 612 612 612 Tonnes [+]
Crude Oil Production 21.00 21.69 21.69 21.69 21.69 21.69 BBL/D/1K [+]
Foreign Direct Investment 7037.00 32807 40195 44604 41987 44608 EUR Million [+]
Terrorism Index 0.86 0.91 1.09 1.27 1.46 1.36 [+]
Weapons Sales 444.00 505 450 395 417 537 USD Million [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 65.10 67.69 66.65 65.6 64.56 63.61 percent [+]
Government Budget -1.80 -1.8 -1.8 -1.67 -1.3 -0.2 percent of GDP [+]
Government Spending 41817.00 41875 41905 41971 42021 42555 EUR Million [+]
Government Spending to GDP 44.90 45.77 45.4 45.03 44.66 44.64 percent [+]
Government Revenues 46.30 48.53 50.34 47.18 43.49 45.54 USD Billion [+]
Government Debt 413270.00 433034 432266 432443 432693 432562 EUR Million [+]
Fiscal Expenditure 53.60 44.94 45.56 50.58 45.94 46.67 EUR Billion [+]
Asylum Applications 1540.00 1540 1540 1540 1540 1540 persons [+]
Government Budget Value -7.30 2.36 3.48 -3.23 -1.01 -0.31 EUR Billion [+]
Military Expenditure 10476.50 10389 10523 10657 10774 12273 USD Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Business Confidence 6.00 4.8 4.8 4.6 4.5 2.9 [+]
Industrial Production 7.50 6.3 6.39 6.43 6.42 6.42 percent [+]
Industrial Production Mom -0.20 0.22 0.04 0.07 0.07 0.07 percent [+]
Manufacturing Production 4.70 1.4 1.5 4.87 1.9 1.2 percent [+]
Capacity Utilization 81.30 82.02 81.15 81.17 81.39 81.2 percent [+]
New Orders 120.40 115 113 115 113 113 Index Points [+]
Changes in Inventories 214.00 -167 -310 -608 -685 -444 EUR Million [+]
Bankruptcies 488.00 468 455 486 461 462 Companies [+]
Car Registrations 51536.00 39534 40044 39740 39924 39901 Cars [+]
Competitiveness Index 5.57 5.09 5.09 5.09 5.09 4.73 Points [+]
Competitiveness Rank 4.00 5.1 5.1 5.74 5.95 16.37 [+]
Ease of Doing Business 28.00 27.62 27.66 27.69 27.73 27.68 [+]
Electricity Production 12625.00 9616 7465 9633 10958 9666 Gigawatt-hour [+]
Corruption Index 87.00 84.9 85.25 85.6 85.94 90.61 Points [+]
Corruption Rank 8.00 8.44 8.54 8.64 8.74 10.44 [+]
Steel Production 524.36 578 575 575 574 574 Thousand Tonnes [+]
Mining Production 16.70 15.65 18.06 16.62 17.29 17.09 percent [+]
Manufacturing Pmi 56.50 56.62 56.26 56.54 56.27 56.28 [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Consumer Confidence 14.00 10 10 14.56 8 7 [+]
Retail Sales MoM -1.00 -0.4 -0.4 0.25 1 1.2 percent [+]
Retail Sales YoY 2.70 4.19 4.71 4.9 4.96 5 percent [+]
Consumer Spending 72633.00 72982 73348 73701 74016 76898 EUR Million [+]
Disposable Personal Income 306124.00 307431 308850 310269 311688 336868 EUR Million [+]
Personal Savings 6.76 11.27 12.48 11.97 12.18 12.12 percent [+]
Private Sector Credit 1055771.00 1065342 1067411 1066202 1062999 1065719 EUR Million [+]
Bank Lending Rate 1.26 1.25 1.24 1.24 1.24 1.24 percent [+]
Consumer Credit 18572.00 17914 17694 17494 17319 16163 EUR Million [+]
Gasoline Prices 1.80 1.74 1.76 1.75 1.76 1.76 USD/Liter [+]
Households Debt To Gdp 111.30 111 111 111 111 110 percent of GDP [+]
Households Debt To Income 218.96 218 218 219 219 216 percent [+]
Personal Spending 2.50 1.2 2.1 2.75 0.8 1 percent [+]
HOUSING Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Construction Output 8.20 9.07 9.22 8.05 8.75 8.64 percent [+]
Housing Index 95.50 97.19 98.49 99.7 101 110 Index points [+]
Building Permits 4725.00 4151 4166 4150 4151 4151 [+]
Home Ownership Rate 67.80 67.31 67.59 67.87 68.16 68.09 percent [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Corporate Tax Rate 25.00 25 25 25 25 25 percent [+]
Personal Income Tax Rate 52.00 52 52 52 52 52 percent [+]
Sales Tax Rate 21.00 21 21 21 21 21 percent [+]
Social Security Rate 46.84 46.84 46.84 46.84 46.84 46.84 percent [+]
Social Security Rate For Companies 18.69 18.69 18.69 18.69 18.69 18.69 percent [+]
Social Security Rate For Employees 28.15 28.15 28.15 28.15 28.15 28.15 percent [+]





Economic Forecasts for Netherlands including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Netherlands economy. 2/23/2017