Netherlands GDP Growth Rate  1988-2017 | Data | Chart | Calendar

The Dutch economy expanded 0.8 percent on quarter in the third quarter of 2016, slightly faster than a 0.7 percent growth in a preliminary figure as well as in the previous two quarters, final figure showed. In the September quarter, the economy posted its eleventh straight quarter of growth and the strongest since the fourth quarter 2014. Household consumption grew by 0.9 percent (from +0.3 percent in Q2) while net trade contributed positively (exports rose 1 percent, compared to +0.2 percent in Q2 and imports also went up 1 percent, following + 0.1 percent in Q2). Meanwhile, gross fixed capital formation grew 0.6 percent ( from +1.9 percent in Q2). In contrast, government spending contracted 0.4 percent (from +0.6 percent in Q2). Year-on-year the economy advanced 2.4 percent, following a 2.3 percent expansion in the previous period. It was the fastest growth since the March quarter 2015. GDP Growth Rate in Netherlands averaged 0.54 percent from 1988 until 2016, reaching an all time high of 1.70 percent in the first quarter of 1999 and a record low of -3.20 percent in the first quarter of 2009.

Netherlands GDP Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-23 04:30 AM Q2 0.6% 0.6% 0.6% 0.6%
2016-11-15 08:30 AM Q3 0.7% 0.7% 0.3%
2016-12-23 05:30 AM Q3 0.8% 0.7% 0.7% 0.7%
2017-02-14 08:30 AM Q4 0.8% 0.5%
2017-03-24 05:30 AM Q4 0.5%
2017-05-16 07:30 AM Q1 0.4%




Dutch GDP Growth Revised Up to 0.8% in Q3


The Dutch economy expanded 0.8 percent on quarter in the third quarter of 2016, slightly faster than a 0.7 percent growth in a preliminary figure as well as in the previous two quarters, final figure showed.

In the September quarter, the economy posted its eleventh straight quarter of growth and the strongest since the fourth quarter 2014. Household consumption grew by 0.9 percent (from +0.3 percent in Q2) while net trade contributed positively (exports rose 1 percent, compared to +0.2 percent in Q2 and imports also went up 1 percent, following + 0.1 percent in Q2). Meanwhile,  gross fixed capital formation grew 0.6 percent ( from +1.9 percent in Q2). In contrast, government spending contracted 0.4 percent (from +0.6 percent in Q2).

Year-on-year the economy advanced 2.4 percent, following a 2.3 percent expansion in the previous period. It was the fastest growth since the March quarter 2015. Growth was mainly driven by private consumption (+2.0 percent from +1.1 percent in the preceding quarter) and business investment (+9.2 percent from +9.3 percent). An increase was also seen in government consumption (+0.2 percent from +1.2 percent) and exports (+2.7 percent from +4.0 percent). In contrast, a decline was seen in government investment (-0.7 percent from -3.0 percent).

Statistics Netherlands l Rida Husna | rida@tradingeconomics.com
12/23/2016 9:26:33 AM



Netherlands GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.80 0.70 1.70 -3.20 percent [+]
GDP Annual Growth Rate 2.40 2.30 6.10 -4.90 percent [+]
GDP 750.28 879.64 936.23 12.28 USD Billion [+]
GDP Constant Prices 168018.40 166388.70 168018.40 79959.50 EUR Million [+]
Gross National Product 160770.71 165664.89 173843.60 76625.00 EUR Million [+]
Gross Fixed Capital Formation 35416.00 35526.00 37064.00 15537.00 EUR Million [+]
GDP per capita 50925.29 50143.09 52121.20 16189.51 USD [+]
GDP per capita PPP 46374.37 45662.07 47463.40 32314.27 USD [+]
GDP From Agriculture 3182.00 2085.00 3290.00 1889.00 EUR Million [+]
GDP From Construction 7128.20 8997.03 9923.00 5717.00 EUR Million [+]
GDP From Manufacturing 17771.00 17697.00 18817.00 12626.00 EUR Million [+]
GDP From Mining 1629.86 1849.99 8463.00 1590.00 EUR Million [+]
GDP From Public Administration 10350.00 11727.00 11769.00 9212.00 EUR Million [+]
GDP From Services 31716.50 31318.26 31716.50 17494.00 EUR Million [+]
GDP From Transport 7365.00 7195.00 7660.00 4317.00 EUR Million [+]
GDP From Utilities 1018.00 942.00 1018.00 542.00 EUR Million [+]



Netherlands GDP Growth Rate Notes

The Netherlands is the fifth-largest economy in the Euro Zone and important transportation hub in Europe. The Dutch economy depends heavily on foreign trade, with exports accounting for 83 percent of GDP and imports for 72 percent. 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), gross fixed capital formation (18 percent) and net trade (11 percent). This page provides - Netherlands GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Netherlands GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.70 1.70 -3.20 1988 - 2016 percent Quarterly



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