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

The Dutch economy expanded 0.6 percent on quarter in the December quarter of 2016, faster than preliminary estimates of a 0.5 percent growth but slower than a 0.8 percent expansion in the third quarter. It was the 11th straight quarter of growth, as a rebound in government spending and positive contribution from net trade offset a slowdown in private consumption and a decline in investment. Year-on-year, gross domestic product advanced 2.5 percent, faster than preliminary estimates of 2.3 percent growth but at the same pace as an upwardly revised figure in the prior quarter. Considering the full 2016, the economy grew by 2.2 percent, faster than a 2 percent expansion in 2015, mainly driven by private consumption and fixed investments. 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
Receive the next reported value for Netherlands GDP Growth Rate in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website
Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-23 05:30 AM Q3 0.8% 0.7% 0.7% 0.7%
2017-02-14 08:30 AM Q4 0.5% 0.8% 0.6% 0.5%
2017-03-24 05:30 AM Q4 0.6% 0.8% 0.5% 0.5%
2017-05-16 07:30 AM Q1 0.6% 0.4%
2017-06-23 04:30 AM Q1 0.4%
2017-08-16 07:30 AM Q2 0.4%




Dutch GDP Growth Revised Up Slightly To 0.6% In Q4


The Dutch economy expanded 0.6 percent on quarter in the December quarter of 2016, faster than preliminary estimates of a 0.5 percent growth but slower than a 0.8 percent expansion in the third quarter, final figures showed. It was the 11th straight quarter of growth, as a rebound in government spending and positive contribution from net trade offset a slowdown in private consumption and a decline in investment.

In the fourth quarter, private consumption increased by 0.7 percent, slowing from a 1.0 percent rise in the prior quarter. Government spending rebounded 0.6 percent, after declining 0.1 percent in the September quarter. Net trade contributed positively to the GDP growth. Exports grew by 0.9 percent (from 1.0 percent) and imports went up 0.4 percent (from 0.9 percent). In contrast, gross fixed capital formation contracted by 2.5 percent (after remaining unchanged in Q3). Changes in inventories added  0.2 percentage points to the GDP growth. 

Year-on-year, gross domestic product advanced 2.5 percent, faster than preliminary estimates of  2.3 percent growth but the same pace as an upwardly revised figure in the prior quarter. Private consumption rose 2.6 percent (from 1.9 percent in Q3). Government spending also increased by 1.5 percent (from 0.7 percent). Exports of good and services went up 2.5 percent (from 2.8 percent). Imports rose 1.3 percent, slowing from a 3.1 percent rise in Q3. In contrast, gross fixed capital formation contracted by 1.0 percent (after a 7.2 percent rise in the preceding quarter). 

Considering full 2016, the economy grew by 2.2 percent, faster than a 2.0 percent expansion in 2015, mainly driven by private consumption and fixed investment.

Rida | rida@tradingeconomics.com
3/24/2017 8:14:29 AM



Netherlands GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.60 0.80 1.70 -3.20 percent [+]
GDP Annual Growth Rate 2.50 2.50 6.10 -4.90 percent [+]
GDP 750.28 879.64 936.23 12.28 USD Billion [+]
GDP Constant Prices 168901.40 168018.40 168901.40 79959.50 EUR Million [+]
Gross National Product 170765.29 160770.71 173843.60 76625.00 EUR Million [+]
Gross Fixed Capital Formation 34088.00 35416.00 37064.00 15537.00 EUR Million [+]
GDP per capita 51268.47 50500.24 52121.20 16189.51 USD [+]
GDP per capita PPP 46686.88 45987.30 47463.40 32314.27 USD [+]
GDP From Agriculture 3253.00 3182.00 3290.00 1889.00 EUR Million [+]
GDP From Construction 7849.42 7128.20 9923.00 5717.00 EUR Million [+]
GDP From Manufacturing 18270.00 17771.00 18817.00 12626.00 EUR Million [+]
GDP From Mining 3550.96 1629.86 8463.00 1590.00 EUR Million [+]
GDP From Public Administration 11144.00 10350.00 11769.00 9212.00 EUR Million [+]
GDP From Services 32902.27 31716.50 32902.27 17494.00 EUR Million [+]
GDP From Transport 7689.00 7365.00 7689.00 4317.00 EUR Million [+]
GDP From Utilities 1005.00 1018.00 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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.60 0.80 1.70 -3.20 1988 - 2016 percent Quarterly



Last
Singapore 12.30 Dec/16
Bangladesh 7.05 Dec/16
Venezuela 6.80 Dec/13
Vietnam 6.68 Dec/16
Namibia 6.00 Sep/16
Sri Lanka 5.30 Dec/16
Egypt 4.90 Mar/16
Pakistan 4.71 Dec/16
Cape Verde 4.50 Dec/14
Morocco 4.50 Dec/15
Nigeria 4.09 Dec/16
Algeria 4.00 Dec/14
Macedonia 3.90 Mar/14
United Arab Emirates 3.90 Dec/15
Qatar 3.60 Sep/16
Mauritius 3.10 Sep/16
Angola 3.00 Dec/16
Iceland 2.60 Dec/16
Ireland 2.50 Dec/16
Estonia 1.90 Dec/16
Ukraine 1.90 Dec/16
United States 1.90 Dec/16
Bahrain 1.70 Sep/16
China 1.70 Dec/16
Malta 1.70 Dec/16
Philippines 1.70 Dec/16
Poland 1.70 Dec/16
India 1.60 Dec/16
Israel 1.60 Dec/16
Tanzania 1.50 Sep/10
Uruguay 1.50 Dec/16
Lithuania 1.40 Dec/16
Malaysia 1.40 Dec/16
Romania 1.30 Dec/16
Kazakhstan 1.26 Dec/13
Hong Kong 1.20 Dec/16
Slovenia 1.20 Dec/16
Costa Rica 1.15 Sep/16
Australia 1.10 Dec/16
Ghana 1.10 Sep/16
Latvia 1.10 Dec/16
Norway 1.10 Dec/16
Bosnia and Herzegovina 1.00 Sep/16
Colombia 1.00 Dec/16
Mongolia 1.00 Dec/16
Sweden 1.00 Dec/16
Albania 0.90 Sep/16
Bulgaria 0.90 Dec/16
Jamaica 0.90 Sep/16
Saudi Arabia 0.90 Sep/16
Slovakia 0.80 Dec/16
Cyprus 0.70 Dec/16
Mexico 0.70 Dec/16
Spain 0.70 Dec/16
United Kingdom 0.70 Dec/16
Canada 0.60 Dec/16
Croatia 0.60 Dec/16
Moldova 0.60 Dec/16
Netherlands 0.60 Dec/16
Peru 0.60 Dec/16
Portugal 0.60 Dec/16
Argentina 0.50 Dec/16
Austria 0.50 Dec/16
Belgium 0.50 Dec/16
Ecuador 0.50 Sep/16
European Union 0.50 Dec/16
South Korea 0.50 Dec/16
Taiwan 0.45 Dec/16
Czech Republic 0.40 Dec/16
Euro Area 0.40 Dec/16
France 0.40 Dec/16
Germany 0.40 Dec/16
Hungary 0.40 Dec/16
New Zealand 0.40 Dec/16
Thailand 0.40 Dec/16
Cameroon 0.30 Mar/16
Japan 0.30 Dec/16
Denmark 0.20 Dec/16
Italy 0.20 Dec/16
Serbia 0.20 Dec/16
Tunisia 0.20 Dec/16
El Salvador 0.13 Sep/16
Kenya 0.10 Sep/16
Switzerland 0.10 Dec/16
Belize 0.04 Sep/16
Finland 0.00 Dec/16
Luxembourg -0.10 Sep/16
Uganda -0.20 Sep/16
Paraguay -0.30 Dec/16
South Africa -0.30 Dec/16
Chile -0.40 Dec/16
Bolivia -0.56 Mar/16
Russia -0.57 Sep/15
Botswana -0.80 Sep/16
Brazil -0.90 Dec/16
Rwanda -1.10 Dec/16
Greece -1.20 Dec/16
Mozambique -1.70 Dec/16
Senegal -1.70 Sep/16
Indonesia -1.77 Dec/16
Dominican Republic -2.18 Sep/16
Turkey -2.70 Sep/16
Trinidad And Tobago -3.30 Sep/16