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The Netherlands is the fifth largest economy in the Euro Zone and the third largest exporter in the region. 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. However, the Dutch economy contracted by 3.8 percent in 2009. To recover, the government sought to boost the domestic economy, which led to a budget deficit of 5.1 percent of GDP in 2010. The government began implementing austerity measures in early 2011. On the expenditure side, household consumption is the main component of GDP and accounts for 45 percent of its total use, followed by government expenditure (26 percent) and gross fixed capital formation (18 percent). Exports of goods and services account for 83 percent of GDP while imports account for 72 percent, adding 11 percent of total GDP. 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 Wednesday, November 25, 2015.