The Dutch economy expanded by 2.4 percent year-on-year in the third quarter of 2018, matching the preliminary estimate and following a 3.1 percent expansion in the previous period, and the weakest 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); and 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). GDP Annual Growth Rate in Netherlands averaged 2.24 percent from 1989 until 2018, reaching an all time high of 6.10 percent in the fourth quarter of 1999 and a record low of -4.60 percent in the second quarter of 2009.
GDP Annual Growth Rate in Netherlands is expected to be 2.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Netherlands to stand at 2.60 in 12 months time. In the long-term, the Netherlands GDP Annual Growth Rate is projected to trend around 2.30 percent in 2020, according to our econometric models.