Netherlands | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 0.80 0.4 0.4 0.5 0.5 0.5 percent [+]
Unemployment Rate 5.40 5.4 5.2 5.1 5 5.6 percent [+]
Inflation Rate 1.00 0.6 0.7 0.9 1.1 1.9 percent [+]
Interest Rate 0.00 0 0 0 0 0.5 percent [+]
Balance of Trade 5544.00 4179 4176 4176 4176 4176 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 1.07 1.02 1.01 1 1.04 0.83 [+]
Stock Market 485.98 474 469 465 460 387 points [+]
Government Bond 10Y 0.53 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 0.80 0.4 0.4 0.5 0.5 0.5 percent [+]
GDP Annual Growth Rate 2.40 1.8 2 2.1 2.2 2.4 percent [+]
GDP 750.28 766 769 760 780 875 USD Billion [+]
GDP Constant Prices 168018.40 170922 171720 173429 176605 439267 EUR Million [+]
Gross National Product 160770.71 167748 170991 168027 172925 182113 EUR Million [+]
Gross Fixed Capital Formation 35416.00 35402 35402 35536 35700 37829 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 3182.00 1799 1542 2006 1982 1620 EUR Million [+]
GDP From Construction 7128.20 8655 9195 7405 7925 8066 EUR Million [+]
GDP From Manufacturing 17771.00 17768 17765 17792 17829 17802 EUR Million [+]
GDP From Mining 1629.86 4038 1960 1634 3589 3524 EUR Million [+]
GDP From Public Administration 10350.00 10634 11727 10634 11727 11727 EUR Million [+]
GDP From Services 31716.50 31718 32984 31720 32983 32973 EUR Million [+]
GDP From Transport 7365.00 7499 7544 7579 7615 8048 EUR Million [+]
GDP From Utilities 1018.00 959 996 1053 990 1009 EUR Million [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 5.40 5.4 5.2 5.1 5 5.6 percent [+]
Employed Persons 8486.00 8468 8468 8468 8468 8468 Thousand [+]
Unemployed Persons 482.00 480 470 462 455 435 Thousand [+]
Long Term Unemployment Rate 2.70 2.51 2.43 2.33 2.31 1.98 percent [+]
Youth Unemployment Rate 10.20 10.3 10.23 10.18 10.15 10.08 percent [+]
Labour Costs 115.50 100 115 98.13 104 103 Index Points [+]
Productivity 32.08 32.07 32.07 32.07 32.07 32.07 Index Points [+]
Job Vacancies 159.10 172 177 174 176 189 Thousand [+]
Wages 2245.00 2259 2269 2279 2289 2468 EUR/Month [+]
Wage Growth 1.78 2.03 2.05 2.08 2.1 2.21 percent [+]
Wages in Manufacturing 109.90 110 111 111 112 118 Index Points [+]
Minimum Wages 1537.20 1520 1520 1537 1530 1560 EUR/Month [+]
Population 16.90 16.9 16.93 16.95 16.97 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 0.30 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 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 63.89 63.94 63.88 63.93 63.93 percent [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 1.00 0.6 0.7 0.9 1.1 1.9 percent [+]
Harmonised Consumer Prices 100.27 101 101 101 101 104 Index Points [+]
Consumer Price Index CPI 100.71 101 101 101 101 103 Index Points [+]
Core Consumer Prices 100.93 102 102 103 103 107 Index Points [+]
Core Inflation Rate 0.90 0.88 0.88 0.88 0.88 0.88 percent [+]
GDP Deflator 103.74 104 103 103 104 103 Index Points [+]
Producer Prices 101.30 101 101 101 101 101 Index Points [+]
Export Prices 99.90 98.19 98.19 98.2 98.2 98.2 Index Points [+]
Import Prices 98.20 97.64 97.65 97.71 97.7 97.7 Index Points [+]
Food Inflation 1.50 1.65 1.63 1.63 1.63 1.63 percent [+]
Cpi Transportation 101.51 99.91 99.82 99.87 99.9 99.88 Index Points [+]
Producer Prices Change 0.70 1.37 1.44 1.45 1.45 1.45 percent [+]
Inflation Rate Mom 0.20 0.05 0.04 0.07 0.04 0.05 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 -0.32 -0.31 -0.31 -0.31 -0.31 -0.31 percent [+]
Money Supply M0 56875.00 58311 59177 60052 60935 72331 EUR Million [+]
Money Supply M1 452996.00 454861 464076 473369 482749 604330 EUR Million [+]
Money Supply M2 859577.00 850874 855705 860658 865706 930408 EUR Million [+]
Money Supply M3 894170.00 898048 905889 913773 921700 1020834 EUR Million [+]
Banks Balance Sheet 2544944.00 2624193 2608932 2594316 2580293 2444762 EUR Million [+]
Foreign Exchange Reserves 34437.00 36358 36397 36426 36450 36545 EUR Million [+]
Loans to Private Sector 304801.00 305655 305631 305626 305625 305625 EUR Million [+]
Central Bank Balance Sheet 307701.00 319210 322637 324235 324785 325337 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 5544.00 4179 4176 4176 4176 4176 EUR Million [+]
Exports 39493.00 36306 36238 36241 36240 36240 EUR Million [+]
Imports 33949.00 32065 32025 32027 32025 32024 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 101.70 101 101 101 101 101 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 41671.00 41834 41860 41917 41963 42456 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 2010.00 1956 1956 1956 1956 1956 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 4.70 4.8 4.8 4.6 4.5 2.9 [+]
Industrial Production 7.00 0.19 -1.08 -3.64 -2.82 0.3 percent [+]
Industrial Production Mom 3.50 -0.01 0.07 0.06 0.06 0.06 percent [+]
Manufacturing Production 2.90 1.4 1.5 0.87 1.9 1.2 percent [+]
Capacity Utilization 82.20 82.03 82.06 82.04 82.16 82.12 percent [+]
New Orders 120.40 115 113 115 113 113 Index Points [+]
Changes in Inventories -287.00 -634 -604 -799 -750 -689 EUR Million [+]
Bankruptcies 400.00 480 433 448 444 446 Companies [+]
Car Registrations 35723.00 30769 31052 30981 30963 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 27.62 27.66 27.69 27.73 27.68 [+]
Electricity Production 12301.00 9131 8404 8735 9167 8892 Gigawatt-hour [+]
Corruption Index 87.00 84.9 85.25 85.6 85.94 90.61 Points [+]
Corruption Rank 5.00 8.44 8.54 8.64 8.74 10.44 [+]
Steel Production 577.64 578 575 575 574 574 Thousand Tonnes [+]
Mining Production 13.90 7.77 5.11 5.38 5.5 5.44 percent [+]
Manufacturing Pmi 57.30 57.83 57.5 57.85 57.5 57.5 [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Consumer Confidence 13.00 10 10 13.7 8 7 [+]
Retail Sales MoM 3.60 -0.4 -0.4 0.19 1 1.2 percent [+]
Retail Sales YoY 7.20 1.25 1.26 1.29 1.29 1.3 percent [+]
Consumer Spending 71912.00 72755 73252 73729 74184 78600 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 1139783.00 1158903 1143136 1148718 1149586 1150753 EUR Million [+]
Bank Lending Rate 1.22 1.33 1.33 1.32 1.32 1.32 percent [+]
Consumer Credit 18572.00 17914 17694 17494 17319 16163 EUR Million [+]
Gasoline Prices 1.73 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 2.80 1.2 2.1 2.17 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. 1/22/2017