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

The Gross Domestic Product (GDP) in Netherlands expanded 0.50 percent in the second quarter of 2014 over the previous quarter. GDP Growth Rate in Netherlands averaged 0.52 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.

   
 
 
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Netherlands GDP Growth Rate


Actual Previous Highest Lowest Dates Unit Frequency
0.50 -0.40 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 Friday, August 29, 2014.


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.

Both exports of Dutch products and re-exports (exports of previously imported products) grew in Q2. Exports of natural gas and oil products was lower, but this was more than offset by the sharp increase in exports of basic metals and metal products, machinery and equipment. Sales of agricultural products also increased.

Private consumption remained stangnated and the number of jobs continued to fall. There were less 8 thousand jobs when compared to the previous quarter and less 80 thousand than in the same period of 2013.

Investment in machinery and computers grew at a slower pace than in the first quarter. Investment in buildings contracted, particularly in infrastructure. Industrial production was up by 1.5% yoy in Q2, down from 3.7% in Q1.

When compared to the same period in the previous year, GDP grew 0.9%, up from 0.0% in Q1.

CBS | Nuno Fontes | nuno@tradingeconomics.com
8/14/2014 9:19:03 AM


Recent Releases

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

Dutch Economy Contracts 1.4% in Q1
Netherlands’ GDP decreased 1.4 percent in the first three months of 2014, following a 1 percent expansion in the previous period, as exports of natural gas fell sharply due to the mild winter. Published on 2014-05-15


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-03-31 08:30 AM Netherlands
GDP Growth Rate QoQ - Final
Q4 2013 0.9% 0.3% 0.7% 0.7%
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 -0.4% (R) 0.4%


GDP Last Previous Highest Lowest Unit
GDP 800.17 770.07 870.81 12.28 USD Billion [+]
GDP Growth Rate 0.50 -0.40 2.00 -2.20 Percent [+]
GDP Annual Growth Rate 0.90 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 36599.42 37118.14 38105.94 21574.43 USD [+]


GDP Growth Rate Reference Previous Highest Lowest Unit
Australia 1.10 Mar/14 0.80 4.50 -2.00 Percent [+]
Brazil 0.20 Mar/14 0.40 4.50 -4.20 Percent [+]
Canada 0.30 Mar/14 0.70 3.33 -1.80 Percent [+]
China 2.00 Jun/14 1.50 2.50 1.40 Percent [+]
Euro Area 0.00 Jun/14 0.20 1.30 -2.80 Percent [+]
France 0.00 Jun/14 0.00 1.60 -1.70 Percent [+]
Germany -0.20 Jun/14 0.70 2.10 -3.70 Percent [+]
India 2.10 Mar/14 1.10 5.80 -1.90 Percent [+]
Indonesia 2.47 Jun/14 0.97 3.82 -3.57 Percent [+]
Italy -0.20 Jun/14 -0.10 6.00 -3.50 Percent [+]
Japan -1.70 Jun/14 1.60 3.20 -4.00 Percent [+]
Mexico 1.00 Jun/14 0.44 2.90 -6.60 Percent [+]
Netherlands 0.50 Jun/14 -0.40 2.00 -2.20 Percent [+]
Russia -0.30 Mar/14 0.30 4.10 -5.40 Percent [+]
South Korea 0.60 Jun/14 0.90 6.80 -7.00 Percent [+]
Spain 0.60 Jun/14 0.40 1.53 -1.60 Percent [+]
Switzerland 0.50 Mar/14 0.20 1.90 -2.20 Percent [+]
Turkey 1.70 Mar/14 0.90 6.69 -7.57 Percent [+]
United Kingdom 0.80 Jun/14 0.80 5.30 -2.50 Percent [+]
United States 4.20 Jun/14 -2.10 16.90 -10.00 Percent [+]





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