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

The Dutch economy advanced 0.7 percent on quarter in the third quarter of 2016, at the same pace as in the previous period and above market expectations of 0.4 percent, flash estimates showed. The economy posted its tenth consecutive quarter of growth, as household consumption expanded 0.7 percent (+0.3 percent in Q2). Also, net trade contributed positively as exports accelerated (+1.2 percent compared to +0.2 percent in Q2) at a faster pace than imports (+1.1 percent compared to +0.1 percent in Q2). In contrast, gross fixed capital formation grew at a slower 0.5 percent (+1.9 percent in Q2) and government spending contracted 0.1 percent (+0.6 percent in Q2). 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)
2016-08-12 07:30 AM Q2 0.6% 0.6% 0.5% 0.3%
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 0.6%
2017-02-10 03:30 PM Q4
2017-03-24 08:30 AM Q4




Dutch GDP Beats Expectations in Q3


The Dutch economy advanced 0.7 percent on quarter in the third quarter of 2016, at the same pace as in the previous period and above market expectations of 0.4 percent, flash estimates showed.

The economy posted its tenth consecutive quarter of growth, as household consumption expanded 0.7 percent (+0.3 percent in Q2). Also, net trade contributed positively as exports accelerated (1.2 percent compared to 0.2 percent in Q2) at a faster pace than imports (1.1 percent compared to 0.1 percent in Q2). In contrast, gross fixed capital formation grew at a slower 0.5 percent (+1.9 percent in Q2) and government spending contracted 0.1 percent (+0.6 percent in Q2). 

Year-on-year, the economy advanced Dutch economy advanced 2.4 percent, following 2.3 percent growth in the previous period. While private consumption expanded at a faster pace (+1.7 percent from +1.1 percent in Q2); business investment (+6.9 percent from +7 percent in Q2) and government spending (+0.9 percent from +0.4 percent in Q2) slowed slightly. Exports rose 3 percent (+4 percent in Q2) and imports increased 3.1 percent (+4.2 percent in Q2). 

Statistics Netherlands | Yekaterina Guchshina | yekaterina@tradingeconomics.com
11/15/2016 10:21:40 AM



Netherlands GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.70 0.70 1.70 -3.20 percent [+]
GDP Annual Growth Rate 2.40 2.30 6.10 -4.90 percent [+]
GDP 752.55 879.32 936.23 12.28 USD Billion [+]
GDP Constant Prices 168018.40 166388.70 168018.40 79959.50 EUR Million [+]
Gross National Product 165664.89 163792.50 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 11727.00 10176.00 11769.00 9212.00 EUR Million [+]
GDP From Services 31716.50 31318.26 31716.50 17494.00 EUR Million [+]
GDP From Transport 7195.00 7167.00 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 December of 2016.

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



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