The Dutch economy expanded 2 percent year-on-year in the fourth quarter of 2018, easing from a 2.4 percent growth in the previous period, a preliminary estimate showed. 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). 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 1.80 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 1.50 in 12 months time. In the long-term, the Netherlands GDP Annual Growth Rate is projected to trend around 1.90 percent in 2020, according to our econometric models.