Netherlands GDP Growth Rate  1988-2016 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Netherlands expanded 0.50 percent in the first quarter of 2016 over the previous quarter. GDP Growth Rate in Netherlands averaged 0.53 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. GDP Growth Rate in Netherlands is reported by the Statistics Netherlands.

Netherlands GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.20 1.70 -3.20 1988 - 2016 percent Quarterly
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 June of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-25 08:30 AM Q4 0.3% 0.2% 0.3% 0.3%
2016-05-13 07:30 AM Q1 0.5% 0.3% 0.5% 0.3%
2016-06-24 04:30 AM Q1 0.5% 0.2% 0.5% 0.5%
2016-08-12 07:30 AM Q2 0.5% 0.3%
2016-09-23 04:30 AM Q2 0.5%
2016-11-15 08:30 AM Q3 0.3%

Netherlands GDP Growth Up to 0.5%


The Dutch economy expanded 0.5 percent on quarter in the first three months of 2016, accelerating from a 0.3 percent growth in the previous quarter and matching market expectations, preliminary figures showed. It is the eighth consecutive quarter of growth and the highest performance in a year as consumption, investment and exports made positive contributions.

Year-on-year, the GDP advanced 1.4 percent, slowing from a 1.6 percent growth in the previous quarter but higher than market expectations of 1.1 percent. Private spending grew at a faster 2 percent (1.8 percent in Q4 2015), mainly due to spending on services such as catering, recreation and culture. Expenditure on services make up half of the total domestic consumer spending. Government spending went up 2.2 percent, rebounding from a 0.1 percent fall in the previous quarter while public investment grew at a slightly slower 1.2 percent (1.3 percent in Q4 2015).  Business investment remained resilient but grew at a lower 9.3 percent (11.9 percent in the previous quartet). Companies have invested more in vehicles including trucks, trailers, aircrafts, cars, homes, computers and software. In addition, exports (1.8 percent from 3.1 percent) and imports (3.4 percent from 5.1 percent) growth slowed. Companies sold more means of transport while shipments of gas, machinery and equipment shrank. As a result, net trade made a negative contribution to growth. 

CBS | Joana Taborda | joana.taborda@tradingeconomics.com
5/13/2016 9:23:04 AM

Netherlands GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.50 0.20 1.70 -3.20 percent [+]
GDP Annual Growth Rate 1.50 1.40 6.10 -4.90 percent [+]
GDP 869.51 853.54 931.29 12.28 USD Billion [+]
GDP Constant Prices 165133.70 164381.70 165133.70 79959.50 EUR Million [+]
Gross National Product 163792.50 167996.10 173843.60 76625.00 EUR Million [+]
Gross Fixed Capital Formation 34807.00 34869.00 37064.00 15537.00 EUR Million [+]
GDP per capita 43140.91 42893.78 45148.95 13162.07 USD [+]
GDP per capita PPP 45280.55 45021.16 47388.18 32534.04 USD [+]
GDP From Agriculture 2462.00 3290.00 3290.00 1889.00 EUR Million [+]
GDP From Construction 8398.00 7303.00 9923.00 5717.00 EUR Million [+]
GDP From Manufacturing 17706.00 17954.00 18817.00 12626.00 EUR Million [+]
GDP From Mining 4179.00 3396.00 8463.00 1590.00 EUR Million [+]
GDP From Public Administration 10176.00 11043.00 11769.00 9212.00 EUR Million [+]
GDP From Services 28060.00 31415.00 31415.00 17494.00 EUR Million [+]
GDP From Transport 7167.00 7660.00 7660.00 4317.00 EUR Million [+]
GDP From Utilities 888.00 879.00 968.00 542.00 EUR Million [+]




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