Dutch GDP Growth Rebounds in Q4

The Dutch economy expanded 0.5 percent on quarter in the last three months of 2014, accelerating from a revised 0.2 percent increase in the previous period and marking the third consecutive quarter of growth.

Preliminary estimates showed household consumption, exports and investment contributed positively to fourth quarter growth.

Year-on-year, the economy advanced 1 percent, the same pace as in the previous period. 

Private consumption advanced 0.6 percent (the same rate recorded in the third quarter) while business investment slowed to 1.2 percent (2.2 percent in the previous period). Exports grew 4.4 percent, the same as in the third quarter while imports advanced at a slower 3.6 percent (from 4.6 percent). Downward contributions came from government consumption (-0.5 percent from 0.2 percent in the third quarter) and public investment (-0.2 percent from 1 percent).

Considering full 2014, the GDP expanded 0.8 percent, following a 0.7 percent contraction in 2013. 

Dutch GDP Growth Rebounds in Q4

Joana Taborda | joana.taborda@tradingeconomics.com
2/13/2015 11:22:35 AM