Netherlands GDP Growth Rate 1988-2014 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Netherlands expanded 0.70 percent in the second quarter of 2014 over the previous quarter. GDP Growth Rate in Netherlands averaged 0.53 Percent from 1988 until 2014, reaching an all time high of 2 Percent in the second quarter of 1996 and a record low of -2.20 Percent in the first quarter of 2009. GDP Growth Rate in Netherlands is reported by the Statistics Netherlands.


Netherlands GDP Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.70 -0.30 2.00 -2.20 1988 - 2014 Percent Quarterly
The Netherlands is the fifth largest economy in the Euro Zone and the third largest exporter in the region. The economy is dependent on foreign trade and derives more than 65 percent of GDP from both port activities and merchandise exports. The port of Rotterdam is the largest port in Europe and the third busiest in the world. The Netherlands’ economy is also noted for its stability, high skilled workforce and developed infrastructure. As a result, the country is the sixth biggest destination of foreign direct investment in the world. This page provides - Netherlands GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Netherlands GDP Growth Rate - was last refreshed on Tuesday, October 21, 2014.

Dutch GDP Growth Revised Up in Q2

The Netherlands’ GDP advanced 0.7 percent quarter-on-quarter in the April to June period, rebounding from a revised 0.3 percent contraction in the previous quarter, mainly driven by exports.

Final growth figures for the second quarter came better than a preliminary estimate of a 0.5 percent expansion, due to upward revisions in household consumption and fixed investment. 

Year-on-year, the economy expanded 1.1 percent in the three months to June, up from a preliminary 0.7 percent increase. Private consumption grew 0.2 percent (rebounding from a 1 percent drop in the first quarter) while government expenditure stagnated. Business investment increased at a slower 1.3 percent but government investment rose 3.3 percent. Exports advanced 4.3 percent and imports increased 3.4 percent. 

CBS | Joana Taborda |
9/24/2014 9:40:15 AM

Recent Releases

Dutch Economy Expands Faster than Expected
In the second quarter of 2014, Netherlands' GDP grew 0.5% quarter-on-quarter up from a 0.4% contraction in the previous period. GDP Growth bounced back to positive territory mainly due to a sharp increase in exports which offset stagnated private consumption and investment. Published on 2014-08-14

Netherlands GDP Contracts Less Than Expected in Q1
The Dutch economy contracted 0.6 percent quarter-on-quarter in the first three months of 2014, better than a preliminary estimate of a 1.4 percent drop. The revision was almost entirely due to new European Union guidelines for GDP computations. Published on 2014-06-25

Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-05-15 08:30 AM Netherlands
GDP Growth Rate QoQ
Q1 2014 -1.4% 1.0% (R) 0.31%
2014-06-25 08:30 AM Netherlands
GDP Growth Rate QoQ - Final
Q1 2014 -0.6% 0.5% (R) -1.4% -1.4%
2014-08-14 08:30 AM Netherlands
GDP Growth Rate QoQ
Q2 2014 0.5% -0.4% (R) 0.4%
2014-09-24 08:30 AM Netherlands
GDP Growth Rate QoQ - Final
Q2 2014 0.7% -0.3% (R) 0.5% 0.5%
2014-11-14 08:30 AM Netherlands
GDP Growth Rate QoQ
Q3 2014 0.7% 0.41%

Netherlands GDP Last Previous Highest Lowest Unit
GDP 800.17 770.07 870.81 12.28 USD Billion [+]
GDP Growth Rate 0.70 -0.30 2.00 -2.20 Percent [+]
GDP Annual Growth Rate 1.10 0.00 5.80 -4.40 Percent [+]
GDP Constant Prices 157844.40 156988.70 162028.00 79959.50 EUR Million [+]
Gross National Product 158654.70 154282.80 158654.70 76625.00 EUR Million [+]
GDP per capita 40187.12 40639.65 42467.27 13161.74 USD [+]
Gross Fixed Capital Formation 29444.00 30384.00 30551.00 15537.00 EUR Million [+]
GDP per capita PPP 41979.87 42452.58 44361.73 30589.41 USD [+]