The household spending in the Netherlands dropped 10.7 percent year-on-year in February of 2021, and the smallest decline since last November, amid the lockdown measures to contain the spread of the coronavirus, with the closing of all non-essential stores since December 15. The decreases less were seen in spending on durable goods (-18.2 percent (vs -25.4 percent in January). Consumers spent less for clothing, leather goods, home furnishings, vehicles, and electrical equipment. Meanwhile, spending on services, such as telephone and internet subscription, insurance was 15.1 percent lower ( vs -14.8 percent). In addition, consumption of food, beverages and tobacco rose by 8.3 percent, the largest growth since March 2020, accelerating from a 6.0 percent in January. source: Statistics Netherlands

Personal Spending in Netherlands averaged 0.31 percent from 2002 until 2021, reaching an all time high of 4.30 percent in April of 2006 and a record low of -17 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 May of 2021.

Personal Spending in Netherlands is expected to be 6.20 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 4.40 in 12 months time. In the long-term, the Netherlands Household Consumption YoY is projected to trend around 4.80 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
-10.70 -12.00 4.30 -17.00 2002 - 2021 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
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 -13.5% -11.6% -9.8%
2021-04-22 04:30 AM Feb -10.7% -12% -12%
2021-05-18 07:30 AM Mar -10.7%
2021-06-22 04:30 AM Apr
2021-07-22 04:30 AM May
2021-08-17 07:30 AM Jun


News Stream
Dutch Household Spending Falls the Least in 3 Months
The household spending in the Netherlands dropped 10.7 percent year-on-year in February of 2021, and the smallest decline since last November, amid the lockdown measures to contain the spread of the coronavirus, with the closing of all non-essential stores since December 15. The decreases less were seen in spending on durable goods (-18.2 percent (vs -25.4 percent in January). Consumers spent less for clothing, leather goods, home furnishings, vehicles, and electrical equipment. Meanwhile, spending on services, such as telephone and internet subscription, insurance was 15.1 percent lower ( vs -14.8 percent). In addition, consumption of food, beverages and tobacco rose by 8.3 percent, the largest growth since March 2020, accelerating from a 6.0 percent in January.
2021-04-22
Dutch Household Consumption Falls the Most in 9 Months
Household spending in the Netherlands plunged 13.5 percent year-on-year in January of 2021, the biggest drop since last April, 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 (-17.9 percent) and durable goods (-25.1 percent), the steepest decline since the series began in 2000. Consumers spent much less for clothing, home furnishings, and electrical equipment. Meanwhile, consumption of food, beverages and tobacco rose 7.9 percent.
2021-03-23
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

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).