Netherlands | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 0.60 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 1.80 1.8 2 1.9 1.7 2.5 percent [+]
Interest Rate 0.00 0 0 0 0 0.5 percent [+]
Balance of Trade 4582.00 4352 4373 4376 4375 4375 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 1.08 1.04 1.03 1.02 1.01 0.84 [+]
Stock Market 511.53 500 495 490 480 404 points [+]
Government Bond 10Y 0.64 0.56 0.56 0.57 0.57 0.66 percent [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 0.60 0.4 0.4 0.5 0.5 0.5 percent [+]
GDP Annual Growth Rate 2.50 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 170765.29 165109 167068 163944 170814 168859 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 11144.00 10048 11144 10048 11144 11144 EUR Million [+]
GDP From Services 32902.27 31657 32901 31659 32899 32891 EUR Million [+]
GDP From Transport 7689.00 7245 7264 7385 7683 7620 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 8504.00 8504 8505 8505 8505 8505 Thousand [+]
Unemployed Persons 473.00 468 453 441 431 394 Thousand [+]
Long Term Unemployment Rate 2.30 2.23 2.11 1.85 1.78 1.01 percent [+]
Youth Unemployment Rate 9.70 9.55 9.19 8.94 8.77 8.38 percent [+]
Labour Costs 103.90 102 116 99.01 104 105 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 [+]
Wages in Manufacturing 110.80 111 111 112 112 118 Index Points [+]
Wage Growth 1.39 1.31 1.16 1.07 1.02 0.91 percent [+]
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 Low Skilled 1560.00 1605 1605 1605 1605 1605 EUR/Month [+]
Wages High Skilled 2870.00 2850 2845 2841 2838 2824 EUR/Month [+]
Part Time Employment 4098.10 4124 4150 4140 4162 4179 Thousand [+]
Labor Force Participation Rate 64.10 64.06 64.12 64.06 64.11 64.11 percent [+]
Living Wage Family 1196.30 1215 1208 1211 1210 1210 EUR/Month [+]
Living Wage Individual 1098.80 1090 1086 1084 1083 1082 EUR/Month [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 1.80 1.8 2 1.9 1.7 2.5 percent [+]
Harmonised Consumer Prices 100.58 101 101 101 102 105 Index Points [+]
Consumer Price Index CPI 101.09 101 101 102 102 104 Index Points [+]
Core Consumer Prices 101.02 101 102 102 102 107 Index Points [+]
Core Inflation Rate 1.30 1.3 1.34 1.35 1.35 1.35 percent [+]
GDP Deflator 104.37 104 104 104 104 104 Index Points [+]
Producer Prices 105.20 105 106 108 110 123 Index Points [+]
Export Prices 100.40 100 100 100 100 100 Index Points [+]
Import Prices 100.30 100 100 100 100 100 Index Points [+]
Cpi Transportation 101.53 102 101 101 101 101 Index Points [+]
Food Inflation 2.10 2.25 2.31 2.31 2.32 2.32 percent [+]
Producer Prices Change 8.57 3.6 2.8 2.2 2 2.3 percent [+]
Inflation Rate Mom 0.70 0.16 -0.09 0.2 -0.02 0.06 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 -0.32 -0.32 -0.32 -0.32 percent [+]
Money Supply M0 57073.00 57751 58311 58880 59438 65306 EUR Million [+]
Money Supply M1 451778.00 452789 449388 452750 449435 449710 EUR Million [+]
Money Supply M2 856844.00 857359 851173 858404 851496 852202 EUR Million [+]
Money Supply M3 887368.00 885301 885631 885783 885800 885805 EUR Million [+]
Banks Balance Sheet 2477348.00 2466556 2449926 2464707 2449803 2450256 EUR Million [+]
Foreign Exchange Reserves 36031.00 35849 35555 35582 35578 35559 EUR Million [+]
Loans to Private Sector 305529.00 304458 305066 305231 305232 305236 EUR Million [+]
Central Bank Balance Sheet 291162.00 290682 285346 283810 283408 282877 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 4582.00 4352 4373 4376 4375 4375 EUR Million [+]
Exports 38171.00 38118 38250 38255 38256 38257 EUR Million [+]
Imports 33589.00 33466 33559 33579 33582 33582 EUR Million [+]
Current Account 17897.70 16974 13973 14153 16910 15795 EUR Million [+]
Current Account to GDP 9.10 8.7 8.7 7.86 7.8 8.16 percent [+]
External Debt 3667501.80 3689231 3649189 3656958 3630091 3600704 EUR Million [+]
Terms of Trade 100.10 101 101 101 101 101 Index Points [+]
Capital Flows 14673.20 10984 9949 9888 11145 10591 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 48.50 50.31 52.05 48.29 49.66 50.75 USD Billion [+]
Government Debt 413270.00 433034 432266 432443 432693 432562 EUR Million [+]
Fiscal Expenditure 49.10 45.54 46.34 50.38 49.02 48.2 EUR Billion [+]
Asylum Applications 1540.00 1540 1540 1540 1540 1540 persons [+]
Government Budget Value -0.70 2.45 3.34 -3.26 -1.8 -0.61 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 7.00 4.8 4.8 7.53 4.5 2.9 [+]
Industrial Production 3.90 4.49 4.46 4.54 4.54 4.54 percent [+]
Industrial Production Mom -1.80 0.45 0.03 0.07 0.08 0.07 percent [+]
Manufacturing Production 1.50 1.4 1.5 2.49 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 374.00 456 424 450 422 421 Companies [+]
Car Registrations 32329.00 39382 39194 38900 39167 39132 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 10432.00 8138 7467 10199 10287 9237 Gigawatt-hour [+]
Corruption Index 83.00 86 85 85 84 83 Points [+]
Corruption Rank 8.00 8.44 8.54 8.64 8.74 10.44 [+]
Steel Production 509.94 542 556 563 566 567 Thousand Tonnes [+]
Mining Production 13.00 12.74 13.5 13.44 13.4 13.42 percent [+]
Manufacturing Pmi 58.30 58.75 58.47 58.44 58.41 58.41 [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Consumer Confidence 16.00 13 10 17.57 8 7 [+]
Retail Sales MoM -1.00 -0.4 -0.4 0.22 1 1.2 percent [+]
Retail Sales YoY 5.00 4.2 4.7 4.87 4.93 4.96 percent [+]
Consumer Spending 72633.00 72982 73348 73701 74016 76898 EUR Million [+]
Disposable Personal Income 309260.00 311956 313223 314491 315759 332927 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 1.39 1.43 1.46 1.47 1.47 1.47 percent [+]
Consumer Credit 17409.00 17121 16855 16617 16370 14650 EUR Million [+]
Gasoline Prices 1.77 1.74 1.71 1.71 1.71 1.71 USD/Liter [+]
Households Debt To Gdp 111.00 110 110 110 110 109 percent of GDP [+]
Households Debt To Income 218.96 218 218 219 219 216 percent [+]
Personal Spending 2.70 1.2 2.1 2.69 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 96.70 97.09 98.39 99.58 101 110 Index points [+]
Building Permits 6082.00 4599 4597 4595 4582 4584 [+]
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. 3/26/2017