The Dutch quarterly economic growth was confirmed grew at 0.5 percent in the three months to March of 2019, the same as in the previous three-month period. Growth was mainly driven by fixed investment which offset a negative foreign demand. GDP Growth Rate in Netherlands averaged 0.55 percent from 1988 until 2019, reaching an all time high of 1.70 percent in the first quarter of 1999 and a record low of -3.60 percent in the first quarter of 2009.

GDP Growth Rate in Netherlands is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Netherlands to stand at 0.50 in 12 months time. In the long-term, the Netherlands GDP Growth Rate is projected to trend around 0.40 percent in 2020, according to our econometric models.

Netherlands GDP Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-14 08:30 AM GDP Growth Rate QoQ Flash Q4 0.5% 0.1% 0.5% 0.4%
2019-03-26 05:30 AM GDP Growth Rate QoQ Final Q4 0.5% 0.2% 0.5% 0.5%
2019-05-14 07:30 AM GDP Growth Rate QoQ Flash Q1 0.5% 0.5% 0.4% 0.4%
2019-06-24 04:30 AM GDP Growth Rate QoQ Final Q1 0.5% 0.5% 0.5% 0.5%
2019-08-14 07:30 AM GDP Growth Rate QoQ Flash Q2 0.5% 0.5%
2019-09-23 04:30 AM GDP Growth Rate QoQ Final Q2 0.5%
2019-11-14 08:30 AM GDP Growth Rate QoQ Flash Q3 0.4%



Dutch Q1 GDP Growth Confirmed at 0.5%

The Dutch quarterly economic growth was confirmed grew at 0.5 percent in the three months to March of 2019 the same as in the previous three-month period. Growth was mainly driven by fixed investment which offset a negative foreign demand.

Household consumption growth slowed to 0.1 percent from 0.3 percent in the last quarter of 2018; and fixed investment rose 2.7 percent, easing from 3.8 percent expansion in the prior quarter. Also, government spending went up 0.5 percent, the same as in the fourth quarter of 2018. In addition, net external demand contributed negatively to the GDP growth as imports rose 1.7 percent (vs -1.0 percent in Q4) and exports increased at a softer 0.5 percent (1.3 percent in Q4). 

Year-on-year, the economy expanded 1.7 percent year-on-year in the first quarter of 2019, slowing from a 2.2 percent growth in the previous period, and in line with the preliminary estimates. It was the weakest growth rate since the last quarter of 2015, as private consumption eased to 0.7 percent from 2.1 in the fourth quarter of 2018. Also, net foreign demand contributed negatively to the GDP growth, as imports rose 2.2 percent (vs 1.4 percent in Q4) and exports rose at a slower 1.3 percent (vs 2.5 percent in Q4). Meanwhile, government spending expanded 1.3 percent, faster than a 1.0 percent gain in the prior period and fixed investment went up 5.0 percent (vs 2.5 percent in Q4).
 


Statistics Netherlands l Chusnul Ch Manan | chusnul@tradingeconomics.com
6/24/2019 6:14:42 AM


News

Dutch Q1 GDP Growth Beats Estimates
The Dutch economy advanced 0.5 percent on quarter in the three months to March 2019, the same as in the previous period and beating market expectations of 0.4 percent, a preliminary estimate showed. Growth was mainly driven by fixed investment which offset a negative foreign demand.
Published on 2019-05-14

Dutch Q4 GDP Growth Confirmed at 0.5%
The Dutch quarterly economic growth was confirmed at 0.5 percent in the fourth quarter of 2018, compared with an upwardly revised 0.2 percent expansion in the previous three-month period.
Published on 2019-03-26

Dutch GDP Growth Accelerates to 0.5% in Q4
The Dutch economy expanded 0.5 percent on quarter in the three months to December 2018, accelerating from a downwardly revised 0.1 percent growth in the previous period and matching market expectations, a preliminary estimate showed. Household consumption and fixed investment rebounded while a negative contribution was made by inventory changes.
Published on 2019-02-14

Dutch GDP Growth Confirmed at 0.2% in Q3
The Dutch economy grew by 0.2 percent on quarter in the three months to September 2018, following a 0.7 percent expansion in the previous period, matching market expectations, and in line the preliminary estimates. It is the lowest growth rate since the second quarter of 2016, as exports growth slowed while both household spending and investment showed no growth. Also, government spending stalled.
Published on 2018-12-24



Netherlands GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.50 0.50 1.70 -3.60 percent [+]
GDP Annual Growth Rate 1.70 2.20 6.10 -4.60 percent [+]
GDP 912.87 830.57 948.00 12.28 USD Billion [+]
GDP Constant Prices 188293.60 187451.20 188293.60 79959.50 EUR Million [+]
Gross National Product 178073.28 189907.30 189907.30 76625.00 EUR Million [+]
Gross Fixed Capital Formation 40779.00 39954.00 62170.00 15537.00 EUR Million [+]
GDP per capita 55041.10 53920.00 55041.10 16188.54 USD [+]
GDP per capita PPP 49803.50 48789.10 49803.50 32305.20 USD [+]
GDP From Agriculture 3123.00 3043.00 3346.00 1860.00 EUR Million [+]
GDP From Construction 8920.72 8133.48 8920.72 5063.90 EUR Million [+]
GDP From Manufacturing 20172.00 21462.00 21462.00 12921.00 EUR Million [+]
GDP From Mining 2207.64 1989.77 8408.57 1966.83 EUR Million [+]
GDP From Public Administration 10652.00 12358.00 12358.00 9245.00 EUR Million [+]
GDP From Services 33712.93 35092.91 35537.87 18598.14 EUR Million [+]
GDP From Transport 7862.00 8286.00 8286.00 4698.00 EUR Million [+]
GDP From Utilities 993.00 1127.00 1133.00 506.00 EUR Million [+]


Netherlands GDP Growth Rate

The Netherlands is the sixth-largest economy in the Euro Zone and important transportation hub in Europe. The Dutch economy depends heavily on foreign trade, with exports accounting for 83 percent of GDP and imports for 72 percent. Household consumption is the main component of GDP (45 percent) followed by government expenditure (26 percent), gross fixed capital formation (18 percent) and net trade (11 percent). This page provides - Netherlands GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Netherlands GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.50 1.70 -3.60 1988 - 2019 percent Quarterly




Country Last Previous
United States 3.10 Mar/19
China 1.60 Jun/19
India 1.60 Dec/18
Turkey 1.30 Mar/19
Saudi Arabia 1.07 Dec/18
Spain 0.70 Mar/19
Japan 0.60 Mar/19
Switzerland 0.60 Mar/19
Netherlands 0.50 Mar/19
United Kingdom 0.50 Mar/19
Australia 0.40 Mar/19
Euro Area 0.40 Mar/19
Germany 0.40 Mar/19
France 0.30 Mar/19
Canada 0.10 Mar/19
Italy 0.10 Mar/19
Argentina -0.20 Mar/19
Brazil -0.20 Mar/19
Mexico -0.20 Mar/19
Russia -0.40 Mar/19
South Korea -0.40 Mar/19
Indonesia -0.52 Mar/19
South Africa -3.20 Mar/19
Singapore -3.40 Jun/19


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