Household spending in the Netherlands shrank 11.9 percent year-on-year in December of 2020, the biggest drop since May, as the country entered a coronavirus lockdown from December 15th and non-essential stores including restaurants, cafes and cinemas were closed. Biggest decreases were seen in spending on services (-17.1 percent) and durable goods (-16.2 percent), namely clothes and shoes while consumption of food, beverages and tobacco rose 6.7 percent. source: Statistics Netherlands

Personal Spending in Netherlands averaged 0.40 percent from 2002 until 2020, reaching an all time high of 4.30 percent in April of 2006 and a record low of -17.10 percent in April of 2020. This page provides - Netherlands Consumer Spending MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. Netherlands Household Consumption YoY - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Personal Spending in Netherlands is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Spending in Netherlands to stand at 5.70 in 12 months time. In the long-term, the Netherlands Household Consumption YoY is projected to trend around 5.70 percent in 2022 and 2.10 percent in 2023, according to our econometric models.

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Netherlands Household Consumption YoY

Actual Previous Highest Lowest Dates Unit Frequency
-11.90 -6.70 4.30 -17.10 2002 - 2020 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-13 08:30 AM Sep -3.5% -2.4% -4.2%
2020-12-21 05:30 AM Oct -6.5% -4.0% -2.2%
2021-01-21 05:30 AM Nov -6.5% -6.8% -5.4%
2021-02-16 08:30 AM Dec -11.9% -6.7% -5.2%
2021-03-23 05:30 AM Jan -11.9%
2021-04-22 04:30 AM Feb
2021-05-18 07:30 AM Mar
2021-06-22 04:30 AM Apr


News Stream
Dutch Household Spending Falls amid Lockdown
Household spending in the Netherlands shrank 11.9 percent year-on-year in December of 2020, the biggest drop since May, as the country entered a coronavirus lockdown from December 15th and non-essential stores including restaurants, cafes and cinemas were closed. Biggest decreases were seen in spending on services (-17.1 percent) and durable goods (-16.2 percent), namely clothes and shoes while consumption of food, beverages and tobacco rose 6.7 percent.
2021-02-16
Dutch Household Spending Drops for 9th Month
Household consumption in the Netherlands declined 6.5 percent from a year earlier in November of 2020, after a revised 6.8 percent drop in the previous month. It was the ninth straight month of decrease, amid the reimposing partial lockdown measures. Spending on services was 14.1 percent lower, mostly led by restaurants, theatres, cinemas, zoos, libraries, swimming pools as well as museum. Also, spending on other goods, such as motor fuels was 2.9 percent down. Meanwhile, consumers spent 6.0 percent more on durable goods such as electrical equipment and home furnishings, and spent 4.9 percent more on food and stimulants.
2021-01-21
Dutch Household Spending Falls the Most in 4 Months
Household consumption in the Netherlands declined 6.5 percent from a year earlier in October 2020, after a revised 4 percent drop in the previous month. It was the eighth straight month of decrease and the steepest fall since June, amid the reimposing partial lockdown measures. Spending on services was 11.8 percent lower, mostly led by restaurants, theatres, gyms and football games as well as public transportation. Also, spending on other goods, such as motor fuels was 2.4 percent down. Meanwhile, consumers spent 1.1 percent more on durable goods such as electrical equipment and home furnishings, and spent 2.8 percent more on food and stimulants.
2020-12-21
Dutch Household Consumption Falls for 7th Month
Household consumption in the Netherlands declined 3.5 percent from a year earlier in September 2020, after a revised 2.4 percent fall in the previous month. It was the seventh straight month of decrease, amid the coronavirus crisis. Spending on services was 6.9 percent lower, mostly led by restaurants, theatres, gyms and football games as well as public transportation. Meanwhile, consumers spent 1.7 percent more on durable goods such as electrical equipment and home furnishings, and spent 2.8 percent more on food and stimulants. Spending on other goods, such as natural gas and motor fuels was 1.5 percent down.
2020-11-13

Netherlands Household Consumption YoY
In the Netherlands, Household Consumption YoY measures the year-on-year change of consumption expenditure by households. Consumption expenditure includes all voluntary expenditure on goods and services by private individuals and households. It does not include compulsory expenditure such as taxes. Services is the most important sector and accounts for 58 percent of total consumption. The biggest segments within Services are housing; financial and business services; transport, communication services; and medical services and welfare. Consumption of goods account for the remaining 42 percent, in particular durable consumer goods (15 percent) and food, beverages and tobacco (15 percent).