Markets Actual Q4 Q1 Q2 Q3 2020
Currency 1.11 1.09 1.08 1.08 1.07 1.06
Stock Market (points) 572.76 574 568 561 555 543
Government Bond 10Y (%) -0.27 0.04 0.09 0.14 0.2 0.24
Overview Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate (%) 0.40 0.5 0.5 0.4 0.3 0.6
GDP Annual Growth Rate (%) 1.80 1.5 1.6 1.5 1.8 1.6
Unemployment Rate (%) 3.50 3.4 3.5 3.6 3.6 3.8
Inflation Rate (%) 2.60 2.5 1.9 2 1.8 1.7
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Million) 3879.00 5780 4600 3500 3500 5050
Current Account (EUR Million) 13615.80 24500 24200 21900 20200 22100
Current Account to GDP (%) 10.80 9 8.7 8.7 8.7 8.7
Government Debt to GDP (%) 52.40 49 47 47 47 47
Government Budget (% of GDP) 1.50 1.2 1 1 1 1
Business Confidence (Index Points) 3.30 2.9 3.6 4 3.6 2
Consumer Confidence (Index Points) -2.00 -4 -2 -3 -7 -6
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 51.75 52 52 51.75 51.75 52
GDP Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate (%) 0.40 0.5 0.5 0.4 0.3 0.6
GDP Annual Growth Rate (%) 1.80 1.5 1.6 1.5 1.8 1.6
GDP (USD Billion) 912.87 951 988 988 988 988
GDP Constant Prices (EUR Million) 189297.80 190263 190825 191337 192137 193497
Gross National Product (EUR Million) 181014.04 192756 193326 180922 180744 196033
Gross Fixed Capital Formation (EUR Million) 40294.00 40407 40527 40412 40898 41094
GDP per capita (USD) 55041.10 56200 57500 57500 57500 57500
GDP per capita PPP (USD) 49803.50 50500 51100 51100 51100 51100
GDP From Agriculture (EUR Million) 2544.00 3089 3098 3120 2582 3141
GDP From Construction (EUR Million) 9489.46 8255 8280 9325 9632 8396
GDP From Manufacturing (EUR Million) 21513.00 21784 21848 21057 21836 22154
GDP From Mining (EUR Million) 1809.33 2020 2026 2199 1836 2054
GDP From Public Administration (EUR Million) 12286.00 12543 12580 10822 10812 12757
GDP From Services (EUR Million) 36125.22 35619 35725 34127 36667 36225
GDP From Transport (EUR Million) 8303.00 8410 8435 7988 7980 8553
GDP From Utilities (EUR Million) 1121.00 1144 1147 1049 1138 1163
Labour Actual Q4 Q1 Q2 Q3 2020
Unemployment Rate (%) 3.50 3.4 3.5 3.6 3.6 3.8
Minimum Wages (EUR/Month) 1635.60 1636 1650 1650 1675 1675
Wage Growth (%) 2.58 2.9 2.8 2.6 2.5 2.6
Wages in Manufacturing (Index Points) 117.80 118 118 119 120 121
Population (Million) 17.12 17.15 17.18 17.18 17.18 17.18
Retirement Age Women 66.00 66 66 66 66 66
Retirement Age Men 66.00 66 66 66 66 66
Living Wage Family (EUR/Month) 1560.00 1597 1599 1604 1601 1639
Living Wage Individual (EUR/Month) 1120.00 1147 1148 1151 1149 1177
Wages Low Skilled (EUR/Month) 1760.00 1802 1804 1809 1806 1849
Wages High Skilled (EUR/Month) 2920.00 2990 2993 3002 2996 3068
Prices Actual Q4 Q1 Q2 Q3 2020
Inflation Rate (%) 2.60 2.5 1.9 2 1.8 1.7
Consumer Price Index CPI (Index Points) 106.70 106 107 107 108 109
Core Consumer Prices (Index Points) 105.72 105 106 107 107 107
Core Inflation Rate (%) 2.20 2.7 2.2 2 2.3 1.8
Producer Prices (Index Points) 105.40 105 108 107 108 108
Inflation Rate Mom (%) -0.60 0.1 0.4 -0.2 -0.2 0.3
Producer Prices Change (%) -0.66 -1 0.5 1.1 1.5 1.4
CPI Housing Utilities (Index Points) 109.96 109 110 110 110 111
CPI Transportation (Index Points) 107.88 105 108 108 110 108
Food Inflation (%) 4.80 3.6 2.5 2 2.1 1.9
Money Actual Q4 Q1 Q2 Q3 2020
Interest Rate (%) 0.00 0 0 0 0 0
Interbank Rate (%) -0.42 -0.31 -0.06 -0.44 -0.44 -0.06
Private Debt to GDP (%) 298.60 287 274 274 274 274
Trade Actual Q4 Q1 Q2 Q3 2020
Balance of Trade (EUR Million) 3879.00 5780 4600 3500 3500 5050
Current Account (EUR Million) 13615.80 24500 24200 21900 20200 22100
Current Account to GDP (%) 10.80 9 8.7 8.7 8.7 8.7
Imports (EUR Million) 35392.00 36120 40100 38900 40100 38750
Exports (EUR Million) 39271.00 41900 44700 42400 43870 43800
Government Actual Q4 Q1 Q2 Q3 2020
Government Debt to GDP (%) 52.40 49 47 47 47 47
Government Budget (% of GDP) 1.50 1.2 1 1 1 1
Government Spending (EUR Million) 45100.00 45618 45753 45866 45777 46394
Government Spending to GDP (%) 42.20 42.5 42.7 42.7 42.7 42.7
Taxes Actual Q4 Q1 Q2 Q3 2020
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 51.75 52 52 51.75 51.75 52
Sales Tax Rate (%) 21.00 21 21 21 21 21
Social Security Rate (%) 47.45 46.34 46.34 47.45 47.45 46.34
Social Security Rate For Companies (%) 19.80 18.69 18.69 19.8 19.8 18.69
Social Security Rate For Employees (%) 27.65 27.65 27.65 27.65 27.65 27.65
Business Actual Q4 Q1 Q2 Q3 2020
Business Confidence (Index Points) 3.30 2.9 3.6 4 3.6 2
Manufacturing Production (%) -0.80 0.7 1.1 1.5 1.2 1.6
Manufacturing Pmi 51.60 51.5 52 52.6 53.2 54
Consumer Actual Q4 Q1 Q2 Q3 2020
Consumer Confidence (Index Points) -2.00 -4 -2 -3 -7 -6
Retail Sales YoY (%) 3.00 1.8 2 2.4 2.3 2.2
Consumer Spending (EUR Million) 83270.00 83712 83960 83955 84519 85135
Bank Lending Rate (%) 0.74 0.89 1.14 0.8 0.8 1.14
Personal Spending (%) 1.70 1.6 1.8 2 1.9 2.3
Gasoline Prices (USD/Liter) 1.89 1.78 1.73 1.64 1.59 1.73
Housing Actual Q4 Q1 Q2 Q3 2020
Housing Index (Index points) 132.50 136 137 140 142 144


This page has economic forecasts for Netherlands including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Netherlands economy.