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. 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 0.40 in 12 months time. In the long-term, the Netherlands GDP Growth Rate is projected to trend around 0.60 percent in 2020, according to our econometric models.

Netherlands GDP Growth Rate
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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 0.2% 0.7% 0.2% 0.2%
2019-02-14 08:30 AM GDP Growth Rate QoQ Flash 0.2% 0.4%
2019-03-26 05:30 AM GDP Growth Rate QoQ Final 0.2% 0.4%
2019-05-15 07:30 AM GDP Growth Rate QoQ Flash



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.

Exports increased 1.2 percent, below 1.4 percent in Q2 while imports rose at a faster 1.4 percent (0.4 percent in Q2).Household spending showed no growth, after a 0.2 percent gain in the previous period while government spending stalled after edging up 0.1 percent in Q2. Also, gross investment in fixed assets showed no growth after a 0.8 percent growth in Q2.
 
Year-on-year, the economy advanced by 2.4 percent year-on-year in the third quarter, in line with the preliminary estimate and following a 3.1 percent expansion in the previous period, and the lowest growth rate since the last quarter of 2016. Slowdowns were seen in household spending (1.8 percent compared to 2.6 percent in Q2); investment (3.3 percent compared to 5.9 percent); exports (3.4 percent compared to 3.5 percent); while imports rose faster (3.5 percent compared to 3.1 percent). On the other hand, public expenditure increased slightly faster (1.2 percent compared to 1.1 percent). 
 
 


Statistics Netherlands l Chusnul Ch Manan | chusnul@tradingeconomics.com
12/24/2018 6:09:55 AM



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 186282.90 185994.70 186282.90 79959.50 EUR Million [+]
Gross National Product 178310.95 180625.43 183097.71 76625.00 EUR Million [+]
Gross Fixed Capital Formation 39123.00 39425.00 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 3214.00 2451.00 3346.00 1860.00 EUR Million [+]
GDP From Construction 7366.91 8797.09 8845.35 5063.90 EUR Million [+]
GDP From Manufacturing 19796.00 20931.00 21003.00 12921.00 EUR Million [+]
GDP From Mining 1973.37 2138.14 8408.57 1973.37 EUR Million [+]
GDP From Public Administration 10616.00 12100.00 12137.00 9245.00 EUR Million [+]
GDP From Services 34595.25 35535.93 35535.93 18598.14 EUR Million [+]
GDP From Transport 8103.00 8149.00 8149.00 4698.00 EUR Million [+]
GDP From Utilities 1025.00 1077.00 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 January of 2019.

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




Country Last Previous
United States 3.40 Sep/18
Indonesia 3.09 Sep/18
South Africa 2.20 Sep/18
India 1.90 Jun/18
Singapore 1.60 Dec/18
China 1.50 Dec/18
Russia 0.90 Jun/18
Brazil 0.80 Sep/18
Mexico 0.80 Sep/18
South Korea 0.60 Sep/18
Spain 0.60 Sep/18
United Kingdom 0.60 Sep/18
Canada 0.50 Sep/18
Australia 0.30 Sep/18
France 0.30 Sep/18
Euro Area 0.20 Sep/18
Netherlands 0.20 Sep/18
Saudi Arabia -0.05 Mar/18
Italy -0.10 Sep/18
Germany -0.20 Sep/18
Switzerland -0.20 Sep/18
Japan -0.60 Sep/18
Argentina -0.70 Sep/18
Turkey -1.10 Sep/18


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