Netherlands | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 0.70 0.4 0.4 0.4 0.46 0.5 percent [+]
Unemployment Rate 5.60 5.5 5.8 5.2 5.1 5.6 percent [+]
Inflation Rate 0.40 0.5 0.6 0.7 0.9 1.9 percent [+]
Interest Rate 0.00 0 0 0 0 0.5 percent [+]
Balance of Trade 5421.00 4305 4280 4280 4280 4280 EUR Million [+]
Government Debt to GDP 65.10 64.56 64.52 64.48 64.44 63.61 percent [+]
MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 1.07 1.05 1.04 1.03 1.02 0.85 [+]
Stock Market 459.41 447 443 438 434 361 points [+]
Government Bond 10Y 0.50 0.44 0.45 0.45 0.46 0.53 percent [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 0.70 0.4 0.4 0.4 0.46 0.5 percent [+]
GDP Annual Growth Rate 2.40 1.9 1.8 2 2.1 2.4 percent [+]
GDP 752.55 765 766 769 752 875 USD Billion [+]
GDP Constant Prices 168018.40 168500 168095 166846 167675 183091 EUR Million [+]
Gross National Product 165664.89 170073 167748 170991 168027 182113 EUR Million [+]
Gross Fixed Capital Formation 35416.00 35180 35402 35402 35536 37829 EUR Million [+]
GDP per capita 50925.29 51635 51791 51946 52102 54053 USD [+]
GDP per capita PPP 46374.37 46856 46995 47133 47272 48766 USD [+]
GDP From Agriculture 3182.00 2420 1799 1542 2006 1620 EUR Million [+]
GDP From Construction 7128.20 7758 8655 9195 7405 8066 EUR Million [+]
GDP From Manufacturing 17771.00 17869 17768 17765 17792 17802 EUR Million [+]
GDP From Mining 1629.86 3578 4038 1960 1634 3524 EUR Million [+]
GDP From Public Administration 11727.00 11727 10634 11727 10634 11727 EUR Million [+]
GDP From Services 31716.50 32986 31718 32984 31720 32973 EUR Million [+]
GDP From Transport 7195.00 7568 7499 7544 7579 8048 EUR Million [+]
GDP From Utilities 1018.00 959 959 996 1053 1009 EUR Million [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 5.60 5.5 5.8 5.2 5.1 5.6 percent [+]
Employed Persons 8463.00 8465 8466 8466 8466 8466 Thousand [+]
Unemployed Persons 502.00 486 467 452 440 405 Thousand [+]
Long Term Unemployment Rate 2.70 2.52 2.51 2.43 2.33 1.98 percent [+]
Youth Unemployment Rate 10.50 10.39 10.3 10.23 10.18 10.08 percent [+]
Labour Costs 115.50 104 100 115 98.13 103 Index Points [+]
Productivity 32.08 32.07 32.07 32.07 32.07 32.07 Index Points [+]
Job Vacancies 159.10 162 172 177 174 189 Thousand [+]
Wages 2245.00 2289 2295 2300 2305 2468 EUR/Month [+]
Wage Growth 1.97 2.01 2.03 2.05 2.08 2.21 percent [+]
Wages in Manufacturing 109.90 109 110 110 110 116 Index Points [+]
Minimum Wages 1537.20 1520 1520 1520 1537 1560 EUR/Month [+]
Population 16.90 16.97 17 17.02 17.04 17.29 Million [+]
Retirement Age Women 65.20 65.2 65.2 65.2 65.2 65.2 [+]
Retirement Age Men 65.20 65.2 65.2 65.2 65.2 65.2 [+]
Employment Change 0.40 0.26 0.35 0.31 0.29 0.31 percent [+]
Employment Rate 74.80 74.92 74.74 75.27 75.45 75.77 percent [+]
Full Time Employment 4119.20 4149 4129 4166 4199 4213 Thousand [+]
Wages High Skilled 2870.00 2855 2850 2845 2841 2824 EUR/Month [+]
Wages Low Skilled 1560.00 1604 1605 1605 1605 1605 EUR/Month [+]
Part Time Employment 4093.50 4108 4097 4120 4105 4136 Thousand [+]
Living Wage Family 1410.00 1418 1415 1416 1416 1416 EUR/Month [+]
Living Wage Individual 1070.00 1067 1067 1067 1067 1067 EUR/Month [+]
Labor Force Participation Rate 64.00 63.96 63.89 63.94 63.88 63.93 percent [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 0.40 0.5 0.6 0.7 0.9 1.9 percent [+]
Harmonised Consumer Prices 100.67 101 101 102 102 107 Index Points [+]
Consumer Price Index CPI 100.83 101 101 102 102 104 Index Points [+]
Core Consumer Prices 101.37 102 102 103 103 108 Index Points [+]
Core Inflation Rate 0.60 0.59 0.57 0.58 0.58 0.58 percent [+]
GDP Deflator 103.74 104 104 103 103 103 Index Points [+]
Producer Prices 100.30 101 101 101 101 101 Index Points [+]
Export Prices 98.40 98.33 98.19 98.19 98.2 98.2 Index Points [+]
Import Prices 98.20 98.02 97.64 97.65 97.71 97.7 Index Points [+]
Food Inflation 0.40 0.54 0.58 0.58 0.58 0.58 percent [+]
Cpi Transportation 100.24 99.98 99.91 99.82 99.87 99.88 Index Points [+]
Producer Prices Change -0.99 1.1 1.37 1.44 1.45 1.45 percent [+]
Inflation Rate Mom 0.30 0.23 0.01 0.13 0.05 0.08 percent [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 0.00 0 0 0 0 0.5 percent [+]
Interbank Rate -0.31 -0.31 -0.31 -0.31 -0.31 -0.31 percent [+]
Money Supply M0 56590.00 57433 58277 59129 59989 72084 EUR Million [+]
Money Supply M1 437212.00 447861 458594 469385 480244 631773 EUR Million [+]
Money Supply M2 849220.00 846197 850874 855705 860658 930408 EUR Million [+]
Money Supply M3 891181.00 884073 887270 890523 893831 940788 EUR Million [+]
Banks Balance Sheet 2631674.00 2619814 2609487 2599173 2588872 2456771 EUR Million [+]
Foreign Exchange Reserves 36187.00 36322 36358 36397 36426 36545 EUR Million [+]
Loans to Private Sector 306282.00 305770 305655 305631 305626 305625 EUR Million [+]
Central Bank Balance Sheet 303176.00 311571 319235 322664 324263 325366 EUR Million [+]
Private Debt to GDP 266.14 268 267 267 267 267 percent [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade 5421.00 4305 4280 4280 4280 4280 EUR Million [+]
Exports 37324.00 35996 35988 35934 35934 35933 EUR Million [+]
Imports 31903.00 31414 31348 31324 31325 31326 EUR Million [+]
Current Account 13103.50 11178 13119 13882 14277 14055 EUR Million [+]
Current Account to GDP 9.10 8.7 8.7 8.7 7.39 8.16 percent [+]
External Debt 3749293.50 3805161 3857267 3852060 3890905 3938674 EUR Million [+]
Terms of Trade 100.20 101 101 101 101 101 Index Points [+]
Capital Flows 13206.60 9498 10244 13796 5268 8117 EUR Million [+]
Remittances 56.00 55.86 56.08 55.93 56.03 55.98 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 -2191.00 40576 30176 39511 43147 43493 EUR Million [+]
Terrorism Index 0.86 1.46 1.59 1.72 1.85 1.36 [+]
Weapons Sales 444.00 505 450 395 417 537 USD Million [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 65.10 64.56 64.52 64.48 64.44 63.61 percent [+]
Government Budget -1.80 -1.8 -1.8 -1.8 -1.73 -0.2 percent of GDP [+]
Government Spending 41671.00 41778 41834 41860 41917 42456 EUR Million [+]
Government Spending to GDP 44.90 44.66 44.64 44.62 44.59 44.64 percent [+]
Government Revenues 46.30 42.34 48.53 50.34 47.18 45.54 USD Billion [+]
Government Debt 427394.00 430498 433034 432266 432443 432562 EUR Million [+]
Fiscal Expenditure 53.60 44.38 44.94 45.56 50.58 46.67 EUR Billion [+]
Asylum Applications 1665.00 1605 1617 1615 1615 1615 persons [+]
Government Budget Value -7.30 0.59 2.36 3.48 -3.23 -0.31 EUR Billion [+]
Military Expenditure 10476.50 10389 10523 10657 10774 12273 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Business Confidence 3.40 3.8 4.8 4.8 3.92 2.9 [+]
Industrial Production 5.20 5.9 2.47 1.12 -1.21 1.53 percent [+]
Industrial Production Mom 1.70 0.18 0 0.06 0.05 0.05 percent [+]
Manufacturing Production 2.40 1.6 1.4 1.5 1.55 1.2 percent [+]
Capacity Utilization 82.20 81.8 82.03 82.06 82.04 82.12 percent [+]
New Orders 120.40 113 115 113 115 113 Index Points [+]
Changes in Inventories -287.00 -582 -634 -604 -799 -689 EUR Million [+]
Bankruptcies 383.00 334 446 391 402 396 Companies [+]
Car Registrations 30189.00 30309 30769 31052 30981 30971 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 27.58 27.66 27.69 27.73 27.68 [+]
Electricity Production 7787.00 9647 9131 8404 8735 8892 Gigawatt-hour [+]
Corruption Index 87.00 85.94 86.25 86.57 86.89 90.59 Points [+]
Corruption Rank 5.00 8.74 8.85 8.95 9.06 10.45 [+]
Steel Production 604.43 585 578 575 575 574 Thousand Tonnes [+]
Mining Production 34.70 6.63 15.9 13.52 13.89 13.9 percent [+]
Manufacturing Pmi 57.00 56.02 56.61 56.24 56.58 56.23 [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Consumer Confidence 12.00 7 10 10 14.25 7 [+]
Retail Sales MoM -0.40 0.9 -0.4 -0.4 0.06 1.2 percent [+]
Retail Sales YoY 1.10 0.9 1 1.02 1.05 1.07 percent [+]
Consumer Spending 71912.00 72246 72755 73252 73729 78600 EUR Million [+]
Disposable Personal Income 306124.00 311688 313321 314953 316586 336868 EUR Million [+]
Personal Savings 24.05 14.18 11.27 12.48 11.97 12.12 percent [+]
Private Sector Credit 1139783.00 1145259 1158903 1143136 1148718 1150753 EUR Million [+]
Bank Lending Rate 1.36 1.33 1.33 1.33 1.32 1.32 percent [+]
Consumer Credit 18572.00 18112 17914 17694 17494 16163 EUR Million [+]
Gasoline Prices 1.70 1.65 1.59 1.61 1.61 1.61 USD/Liter [+]
Households Debt To Gdp 111.40 111 111 111 111 110 percent of GDP [+]
Households Debt To Income 218.96 219 218 218 217 216 percent [+]
Personal Spending 0.90 0.7 1.2 2.1 1.14 1 percent [+]
HOUSING Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Construction Output 7.80 6.98 9.36 9.69 9.29 9.12 percent [+]
Housing Index 94.70 95.87 97.19 98.49 99.7 110 Index points [+]
Building Permits 6086.00 4277 4151 4166 4150 4151 [+]
Home Ownership Rate 67.80 68.16 68.14 68.12 68.1 68.09 percent [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 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. 12/6/2016