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. 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.

GDP Growth Rate in Netherlands is expected to be 0.40 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
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 0.2% 0.7% 0.2% 0.2%
2019-02-14 08:30 AM GDP Growth Rate QoQ Flash 0.5% 0.1% 0.5% 0.4%
2019-03-26 05:30 AM GDP Growth Rate QoQ Final 0.1% 0.5% 0.5%
2019-05-15 07:30 AM GDP Growth Rate QoQ Flash 0.4%
2019-06-24 04:30 AM GDP Growth Rate QoQ Final 0.4%



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.

Household consumption rose 0.5 percent in the fourth quarter (vs no growth in Q3) and government spending advanced 0.5 percent (vs no growth in Q3). In addition, fixed investment rebounded sharply (0.7 percent vs -0.1 percent). Net external demand also contributed positively to the GDP growth as exports fell 1.3 percent (vs 1.1 percent in Q3) and imports declined at a faster 2.1 percent (vs 1.2 percent in Q3). By contrast, inventory changes subtracted 0.3 percentage points to growth.

Year-on-year, the economy grew 2 percent, easing from a 2.4 percent expansion in the previous period. Private consumption growth accelerated to 2 percent from 1.8 percent and fixed invesment advanced at a faster 3.7 percent (vs 3.3 percent in Q3). In addition, net foreign demand contributed positively to GDP growth as exports rose 1.3 percent (vs 3.4 percent in Q3) and imports at a softer 0.3 percent (vs 3.5 percent in Q3).

Considering 2018 full year, GDP rose 2.5 percent, following a 2.9 percent increase in 2017.


CBS | Joana Ferreira | joana.ferreira@tradingeconomics.com
2/14/2019 1:12:13 PM



Netherlands GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.50 0.10 1.70 -3.60 percent [+]
GDP Annual Growth Rate 2.00 2.40 6.10 -4.60 percent [+]
GDP 826.20 777.23 936.23 12.28 USD Billion [+]
GDP Constant Prices 187078.20 186282.90 187078.20 79959.50 EUR Million [+]
Gross National Product 178310.95 180625.43 183097.71 76625.00 EUR Million [+]
Gross Fixed Capital Formation 39591.00 39123.00 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 3043.00 3214.00 3346.00 1860.00 EUR Million [+]
GDP From Construction 8072.18 7366.91 8845.35 5063.90 EUR Million [+]
GDP From Manufacturing 21485.00 19796.00 21485.00 12921.00 EUR Million [+]
GDP From Mining 1981.91 1973.37 8408.57 1973.37 EUR Million [+]
GDP From Public Administration 10616.00 12100.00 12137.00 9245.00 EUR Million [+]
GDP From Services 34828.68 34595.25 35535.93 18598.14 EUR Million [+]
GDP From Transport 8103.00 8149.00 8149.00 4698.00 EUR Million [+]
GDP From Utilities 1115.00 1025.00 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.10 1.70 -3.60 1988 - 2018 percent Quarterly




Country Last Previous
United States 2.60 Dec/18
Saudi Arabia 1.60 Sep/18
China 1.50 Dec/18
India 1.50 Sep/18
Singapore 1.40 Dec/18
South Africa 1.40 Dec/18
South Korea 1.00 Dec/18
Spain 0.70 Dec/18
Japan 0.50 Dec/18
Netherlands 0.50 Dec/18
France 0.30 Dec/18
Russia 0.30 Sep/18
Australia 0.20 Dec/18
Euro Area 0.20 Dec/18
Mexico 0.20 Dec/18
Switzerland 0.20 Dec/18
United Kingdom 0.20 Dec/18
Brazil 0.10 Dec/18
Canada 0.10 Dec/18
Germany 0.00 Dec/18
Italy -0.10 Dec/18
Argentina -0.70 Sep/18
Indonesia -1.69 Dec/18
Turkey -2.40 Dec/18


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