Netherlands GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Netherlands expanded 0.80 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Netherlands is reported by the Statistics Netherlands. GDP Annual Growth Rate in Netherlands averaged 2.13 Percent from 1989 until 2013, reaching an all time high of 5.80 Percent in the fourth quarter of 1999 and a record low of -4.80 Percent in the second quarter of 2009. The biggest sector of the Dutch economy is services contributing 74 percent of GDP. Within services main segments are: financial and business services (26 percent of total GDP); trade, hotels, restaurants, transport and communications (24 percent); general government (12 percent) and care and other services activities (12 percent). Industry accounts for 24 percent of GDP and agriculture contributes the remaining 2 percent. This page provides - Netherlands GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
0.80 -0.60 5.80 -4.80 -0.99 | 2014/03 1989 - 2013 Percent Quarterly

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Netherlands GDP Annual Growth Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-11-14 08:30 AM Netherlands
GDP Growth Rate YoY
Q3 2013 -0.6% -1.7% -0.9% -1.32%
2013-12-24 08:30 AM Netherlands
GDP Growth Rate YoY Final
Q3 2013 -0.4% -1.7% -0.6% -0.6%
2014-02-14 08:30 AM Netherlands
GDP Growth Rate YoY Flash
Q4 2013 0.7% -0.4% -2.18%
2014-03-31 08:30 AM Netherlands
GDP Growth Rate YoY - Final
Q4 2013 0.8% 0.7% 0.7% 0.7%
2014-05-15 08:30 AM Netherlands
GDP Growth Rate YoY
Q1 2014 0.8% -0.99%
2014-06-25 08:30 AM Netherlands
GDP Growth Rate YoY - Final
Q1 2014 -0.99%
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GDP Last Previous Highest Lowest Forecast Unit
GDP Growth Rate 0.90 2013-12-31 0.30 2.00 -2.20 0.31 2014-03-31 Percent [+]
GDP Annual Growth Rate 0.80 2013-12-31 -0.60 5.80 -4.80 -0.99 2014-03-31 Percent [+]
GDP Constant Prices 137059.70 2013-11-15 135928.60 141297.50 79959.50 136606.10 2014-03-31 EUR Million [+]
Gross Fixed Capital Formation 24069.00 2013-11-15 22757.00 29209.00 15537.00 23609.74 2014-03-31 EUR Million [+]
Gross National Product 137591.00 2013-11-15 126653.00 144212.00 76625.00 133068.58 2014-03-31 EUR Million [+]
GDP per capita 40788.32 2012-12-31 41366.41 42467.27 13161.74 40091.07 2014-06-30 USD [+]
GDP per capita PPP 36599.42 2012-12-31 37118.14 38105.94 21574.43 36023.25 2014-06-30 USD [+]
GDP 772.20 2012-12-31 836.10 870.80 12.30 717.34 2014-06-30 USD Billion [+]
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GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


RELATED NEWS

Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Dutch Trade Surplus Widens in February to 3-Month High  
The trade surplus increased to EUR 4.5 billion in February of 2014, from a revised EUR 3.9 billion in the previous month, as imports decreased at a faster pace than exports. Compared with a year earlier, the trade surplus widened from EUR 4.2 billion.
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Netherlands’ annual inflation rate dropped to 0.8 percent in March of 2014, down from 1.06 percent in the previous month and 2.92 a year earlier. The CPI fell more than expected, reaching the lowest level since June of 2010.
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The Dutch GDP advanced 0.9 percent in the final quarter of 2013, up from a preliminary 0.7 percent expansion, as investment grew faster-than-expected. In 2013, the Netherlands’ economy contracted 0.8 percent.
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Netherlands' jobless rate increased to a fresh record high 8.8 percent in February of 2014. The number of unemployed persons edged up by 13 thousand to 691 thousand.
Netherlands Trade Surplus Widens to 10-Month High  
Trade surplus in Netherlands increased to € 4.26 billion in January of 2014 from € 4.05 billion a year earlier, as imports declined. Compared with December of 2013, the trade surplus increased by € 0.77 billion.
Dutch Inflation Rate Slows in February  
Netherlands’ annual inflation eased further to 1.1 percent in February of 2014 from 1.4 percent in January. The inflation is now below the Euro Area average for the first time since September of 2012.
Dutch Unemployment Rate Up to 4-Month High  
In January of 2014, the Netherland’s jobless rate rose for the second straight month to 8.6 percent, up from 8.5 percent in the last month of 2013. In January last year, unemployment was recorded at 7.5 percent.
Dutch Trade Surplus Edges Down in December  
In December, Netherlands’ trade surplus fell to € 3.24 billion, the lowest value in 3 months. The surplus was up by €0.1 billion as exports rose at a faster pace than imports when compared to the previous year.
Dutch Economy Expands 0.7% QoQ in Q4  
In the fourth quarter of 2013, Netherlands' economy grew 0.7 percent quarter-on-quarter, up from 0.3 percent in Q3. Over the full year, the economy contracted 0.8 percent.
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