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


Netherlands GDP Annual Growth Rate

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%

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 [+]

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.


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.
Dutch Inflation Rate Falls Further to 4-1/2 Year Low  
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.
Dutch Economy Expands More Than Expected in Q4  
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.
Dutch Unemployment Rate Rises Further in February  
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.


Tokyo Core CPI At 22- Year High in April  
Core consumer prices in Tokyo, a leading indicator of nationwide inflation, rose 2.7 percent in April from a year earlier, the fastest gain since 1992 as an increase in sales tax drove up cost of goods and services.
US Durable Goods Orders Surge in March  
New orders for manufactured durable goods in March increased $6.0 billion or 2.6 percent to $234.8 billion. This increase, up two consecutive months, followed a 2.1 percent February increase.
US Jobless Claims Rise in Latest Week  
In the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Central Bank of Turkey Leaves Main Rates on Hold  
The Monetary Policy Committee decided on April 24th, 2014, to leave the one-week repo rate on hold at 10.0 percent for the third straight meeting. The Central Bank said it will maintain the current policy stance until there is a significant improvement in the outlook for inflation.
Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.

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