The Dutch economy expanded 0.2 percent on quarter on the three months to September of 2018, well below a downwardly revised 0.7 percent in the previous period and worse than market expectations of 0.5 percent. It is the lowest growth rate since the second quarter of 2016, preliminary estimates showed. Household spending was the main driver of growth while exports slowed and investment shrank. GDP Growth Rate in Netherlands averaged 0.55 percent from 1988 until 2018, 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.

Netherlands GDP Growth Rate
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Netherlands GDP Growth Lowest in Over 2 Years


The Dutch economy expanded 0.2 percent on quarter on the three months to September of 2018, well below a downwardly revised 0.7 percent in the previous period and worse than market expectations of 0.5 percent. It is the lowest growth rate since the second quarter of 2016, preliminary estimates showed. Household spending was the main driver of growth while exports slowed and investment shrank.

Household spending rose 0.4 percent, after a 0.2 percent gain in the previous period while government spending stalled after edging up 0.1 percent in Q2. Exports increased 0.5 percent, below 1.2 percent in Q2 while imports rose at a faster 0.6 percent (0.2 percent in Q2). Also, grossinvestment in fixed assets delcined 0.5 percent after a 0.7 percent growth in Q2. 

Year-on-year, the economy expanded 2.4 percent, below 3.1 percent in Q2 and the lowest growth since the last quarter of 2016. Slowdowns were seen in household spending (2.3 percent compared to 2.6 percent in Q2); investment (2.4 percent compared to 5.9 percent); exports (2.3 percent compared to 3.5 percent); and imports (2.1 percent compared to 3.1 percent). On the other hand, public expenditure increased slightly faster (1.3 percent compared to 1.1 percent). 


Joana Taborda | joana.taborda@tradingeconomics.com
11/14/2018 8:49:23 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-08-14 07:30 AM GDP Growth Rate QoQ Flash 0.7% 0.6% 0.5% 0.6%
2018-09-21 04:30 AM GDP Growth Rate QoQ Final 0.8% 0.6% 0.7% 0.7%
2018-11-14 08:30 AM GDP Growth Rate QoQ Flash 0.2% 0.7% 0.5% 0.5%
2018-12-24 05:30 AM GDP Growth Rate QoQ Final 0.7% 0.2% 0.2%


Netherlands GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.20 0.70 1.70 -3.60 percent [+]
GDP Annual Growth Rate 2.40 3.10 6.10 -4.60 percent [+]
GDP 826.20 777.23 936.23 12.28 USD Billion [+]
GDP Constant Prices 186378.00 186016.00 186378.00 79959.50 EUR Million [+]
Gross National Product 180625.43 176561.92 183097.71 76625.00 EUR Million [+]
Gross Fixed Capital Formation 39425.00 38980.00 62141.00 15537.00 EUR Million [+]
GDP per capita 53597.83 52267.73 53597.83 16188.54 USD [+]
GDP per capita PPP 48472.54 47269.63 48472.54 32090.21 USD [+]
GDP From Agriculture 2451.00 3205.00 3346.00 1860.00 EUR Million [+]
GDP From Construction 8797.09 8202.82 8845.35 5063.90 EUR Million [+]
GDP From Manufacturing 20931.00 19991.00 21003.00 12921.00 EUR Million [+]
GDP From Mining 2138.14 2303.82 8408.57 2138.14 EUR Million [+]
GDP From Public Administration 12100.00 10554.00 12137.00 9245.00 EUR Million [+]
GDP From Services 35535.93 33089.34 35535.93 18598.14 EUR Million [+]
GDP From Transport 8149.00 7633.00 8149.00 4698.00 EUR Million [+]
GDP From Utilities 1077.00 1008.00 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.70 1.70 -3.60 1988 - 2018 percent Quarterly




Country Last
Singapore 4.70 Sep/18
United States 3.50 Sep/18
Indonesia 3.09 Sep/18
India 1.90 Jun/18
China 1.60 Sep/18
Australia 0.90 Jun/18
Mexico 0.90 Sep/18
Russia 0.90 Jun/18
Turkey 0.90 Jun/18
Canada 0.70 Jun/18
Switzerland 0.70 Jun/18
South Korea 0.60 Sep/18
Spain 0.60 Sep/18
United Kingdom 0.60 Sep/18
France 0.40 Sep/18
Brazil 0.20 Jun/18
Euro Area 0.20 Sep/18
Netherlands 0.20 Sep/18
Italy 0.00 Sep/18
Saudi Arabia -0.05 Mar/18
Germany -0.20 Sep/18
Japan -0.30 Sep/18
South Africa -0.70 Jun/18
Argentina -4.00 Jun/18


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