Markets Actual Q1 Q2 Q3 Q4 2022
Currency 1.21 1.21 1.2 1.2 1.19 1.19
Stock Market (points) 669.19 665 652 639 626 601
Government Bond 10Y (%) -0.22 0.03 0.07 0.1 0.14 0.23

Overview Actual Q1 Q2 Q3 Q4 2022
GDP Growth Rate (%) -0.10 -1 1.5 2.6 0.8 0.5
GDP Annual Growth Rate (%) -2.90 -1.2 7.5 4.9 3.2 1.9
Unemployment Rate (%) 3.60 5.5 6.2 5.6 5.1 4.4
Inflation Rate (%) 1.60 0.6 0.8 1.2 1.5 1.7
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Million) 5319.00 5050 2650 4850 3950 3950
Current Account (EUR Million) 16972.00 19100 15100 12100 19500 17500
Current Account to GDP (%) 10.20 7.8 7.8 7.8 7.8 7.2
Government Debt to GDP (%) 48.60 58 58 58 58 52
Government Budget (% of GDP) 1.70 -4.2 -4.2 -4.2 -4.2 1
Business Confidence (points) 0.60 -8 -6 -4.4 -6 -3
Consumer Confidence (points) -19.00 -18 -14 -10 -12 -7
Corporate Tax Rate (%) 25.00 21.7 21.7 21.7 21.7 21.7
Personal Income Tax Rate (%) 49.50 52 49.5 49.5 52 52

GDP Actual Q1 Q2 Q3 Q4 2022
GDP Growth Rate (%) -0.10 -1 1.5 2.6 0.8 0.5
GDP Annual Growth Rate (%) -2.90 -1.2 7.5 4.9 3.2 1.9
GDP (USD Billion) 909.07 865 865 865 865 925
GDP Constant Prices (EUR Million) 184107.00 184810 183908 193372 189998 193608
Gross National Product (EUR Million) 175168.55 179985 180705 183752 180774 184209
Gross Fixed Capital Formation (EUR Million) 39328.00 40122 38741 40509 40586 41358
GDP per capita (USD) 55690.00 53800 53800 53800 53800 55100
GDP per capita PPP (USD) 57141.40 56200 56200 56200 56200 57500
GDP From Agriculture (EUR Million) 3188.00 3182 2764 3570 3290 3353
GDP From Construction (EUR Million) 8004.00 9320 9470 7926 8260 8417
GDP From Manufacturing (EUR Million) 22428.00 20403 21004 20996 23146 23585
GDP From Mining (EUR Million) 1303.00 1622 1630 1073 1345 1370
GDP From Public Administration (EUR Million) 11034.00 10791 13496 11575 11387 11603
GDP From Services (EUR Million) 32571.00 32681 32318 35464 33613 34252
GDP From Transport (EUR Million) 6481.00 7271 6459 6799 6688 6815
GDP From Utilities (EUR Million) 1179.00 1095 1204 1130 1217 1240

Labour Actual Q1 Q2 Q3 Q4 2022
Unemployment Rate (%) 3.60 5.5 6.2 5.6 5.1 4.4
Labour Costs (points) 107.20 114 109 108 117 117
Minimum Wages (EUR/Month) 1684.80 1695 1695 1706 1706 1725
Wage Growth (%) 2.40 1 1.2 1.4 1.6 1.8
Wages in Manufacturing (points) 122.90 121 120 122 124 124
Population (Million) 17.28 17.42 17.42 17.42 17.42 17.49
Retirement Age Women 66.67 67 67 67 67 67
Retirement Age Men 66.67 67 67 67 67 67
Labor Force Participation Rate (%) 71.20 67.7 68.5 69.5 70.5 71.5

Prices Actual Q1 Q2 Q3 Q4 2022
Inflation Rate (%) 1.60 0.6 0.8 1.2 1.5 1.7
Harmonised Consumer Prices (points) 106.51 107 108 108 109 111
Consumer Price Index CPI (points) 107.62 107 108 109 109 111
Core Consumer Prices (points) 107.25 107 107 107 109 109
Core Inflation Rate (%) 2.00 0.8 1.1 1.4 1.5 1.8
Producer Prices (points) 102.70 108 104 102 110 110
Inflation Rate Mom (%) -0.20 0.2 0.3 0.3 0.2 0.4
Producer Prices Change (%) -3.60 -0.4 0.6 1.2 1.5 1.5
CPI Housing Utilities (points) 111.18 109 109 112 113 114
CPI Transportation (points) 106.74 108 109 106 107 109
Food Inflation (%) 0.50 1 1.2 1.4 1.6 1.9

Money Actual Q1 Q2 Q3 Q4 2022
Interest Rate (%) 0.00 0 0 0 0 0
Interbank Rate (%) -0.33 -0.33 -0.33 -0.33 0.44 -0.33
Private Debt to GDP (%) 298.60 308 308 308 308 310

Trade Actual Q1 Q2 Q3 Q4 2022
Balance of Trade (EUR Million) 5319.00 5050 2650 4850 3950 3950
Current Account (EUR Million) 16972.00 19100 15100 12100 19500 17500
Current Account to GDP (%) 10.20 7.8 7.8 7.8 7.8 7.2
Imports (EUR Million) 37253.00 36750 34850 34600 38750 40760
Exports (EUR Million) 42572.00 39400 39700 40200 42700 44500

Government Actual Q1 Q2 Q3 Q4 2022
Government Debt to GDP (%) 48.60 58 58 58 58 52
Government Budget (% of GDP) 1.70 -4.2 -4.2 -4.2 -4.2 1
Government Spending (EUR Million) 46813.00 50100 49100 48200 47500 48000
Government Spending to GDP (%) 41.90 46 46 46 46 43
Government Revenues (USD Billion) 57.30 58.9 34.6 49.1 51 54
Fiscal Expenditure (EUR Billion) 74.90 60.3 52.5 52.9 54 48
Government Budget Value (EUR Billion) -17.60 1.5 -16.9 -1.4 1.5 1.5

Taxes Actual Q1 Q2 Q3 Q4 2022
Corporate Tax Rate (%) 25.00 21.7 21.7 21.7 21.7 21.7
Personal Income Tax Rate (%) 49.50 52 49.5 49.5 52 52
Sales Tax Rate (%) 21.00 21 21 21 21 21
Social Security Rate (%) 50.84 46.34 50.84 50.84 46.34 46.34
Social Security Rate For Companies (%) 23.19 18.69 23.19 23.19 18.69 18.69
Social Security Rate For Employees (%) 27.65 27.65 27.65 27.65 27.65 27.65

Business Actual Q1 Q2 Q3 Q4 2022
Business Confidence (points) 0.60 -8 -6 -4.4 -6 -3
Manufacturing Production (%) -0.20 2.2 6.5 2.8 5.8 2.3
Manufacturing PMI (points) 58.80 51 54 53.4 53 54

Consumer Actual Q1 Q2 Q3 Q4 2022
Consumer Confidence (points) -19.00 -18 -14 -10 -12 -7
Retail Sales YoY (%) -3.10 2.6 3 2.8 6.2 2.7
Consumer Spending (EUR Million) 77733.00 80702 77859 82715 80220 81745
Disposable Personal Income (EUR Million) 360878.00 356547 387944 378561 372426 379502
Bank Lending Rate (%) 0.42 0.44 0.44 0.44 1.64 0.44
Personal Spending (%) -11.90 4.5 6.2 2.9 5.7 5.7
Consumer Credit (EUR Million) 14990.00 14810 16114 15725 15470 15764
Gasoline Prices (USD/Liter) 2.06 1.96 1.86 1.77 1.68 1.59

Housing Actual Q1 Q2 Q3 Q4 2022
Housing Index (points) 146.10 136 139 141 143 143


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.