Markets Actual Q1 Q2 Q3 Q4 2020
Currency 1.10 1.11 1.1 1.1 1.1 1.09
Stock Market (points) 614.60 602 596 590 584 573
Government Bond 10Y (%) -0.24 0.01 0.03 0.05 0.07 0.08
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 0.40 0.3 0.4 0.3 0.4 0.4
GDP Annual Growth Rate (%) 1.90 1.4 1.3 1.4 1.4 1.4
Unemployment Rate (%) 3.20 3.5 3.6 3.6 3.8 4.2
Inflation Rate (%) 2.70 1.8 1.2 1.4 1.6 1.5
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Million) 5003.00 4600 3500 3770 5050 3950
Current Account (EUR Million) 19285.00 24200 21900 20200 22100 19500
Current Account to GDP (%) 11.20 8.7 8.7 8.7 8.7 8.5
Government Debt to GDP (%) 52.40 47 47 47 47 45
Government Budget (% of GDP) 1.50 0.6 0.6 0.6 0.6 0.4
Business Confidence (points) 2.90 3.6 4 3.6 2 2.6
Consumer Confidence (points) -3.00 -2 -3 -7 -6 -2
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 51.75 51.75 51.75 51.75 51.75 51.75
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 0.40 0.3 0.4 0.3 0.4 0.4
GDP Annual Growth Rate (%) 1.90 1.4 1.3 1.4 1.4 1.4
GDP (USD Billion) 912.87 988 988 988 988 1020
GDP Constant Prices (EUR Million) 189772.00 189119 189759 190658 192429 195123
Gross National Product (EUR Million) 181014.04 180310 181798 181859 183548 186118
Gross Fixed Capital Formation (EUR Million) 39928.00 39898 40221 40114 40487 41054
GDP per capita (USD) 55041.10 57500 57500 57500 57500 59000
GDP per capita PPP (USD) 49803.50 51100 51100 51100 51100 52000
GDP From Agriculture (EUR Million) 3336.00 3085 2519 3352 3383 3430
GDP From Construction (EUR Million) 8006.00 9221 9407 8043 8118 8232
GDP From Manufacturing (EUR Million) 20550.00 20822 21677 20646 20838 21129
GDP From Mining (EUR Million) 1639.00 2174 1811 1647 1662 1685
GDP From Public Administration (EUR Million) 10731.00 10702 12339 10781 10881 11034
GDP From Services (EUR Million) 35085.00 33747 36195 35249 35576 36074
GDP From Transport (EUR Million) 8294.00 7899 8339 8333 8410 8528
GDP From Utilities (EUR Million) 1060.00 1037 1127 1065 1075 1090
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 3.20 3.5 3.6 3.6 3.8 4.2
Labour Costs (points) 99.80 104 118 102 102 105
Minimum Wages (EUR/Month) 1635.60 1650 1650 1675 1675 1700
Wage Growth (%) 2.94 2.8 2.6 2.5 2.6 2.5
Wages in Manufacturing (points) 118.60 119 120 121 121 124
Population (Million) 17.12 17.2 17.2 17.2 17.2 17.24
Retirement Age Women 66.00 66 66 66 66 67
Retirement Age Men 66.00 66 66 66 66 67
Labor Force Participation Rate (%) 71.40 70.6 70.6 70.6 70.5 70.5
Living Wage Family (EUR/Month) 1560.00 1604 1601 1599 1601 1641
Living Wage Individual (EUR/Month) 1120.00 1151 1149 1148 1149 1178
Wages Low Skilled (EUR/Month) 1760.00 1809 1806 1804 1806 1851
Wages High Skilled (EUR/Month) 2920.00 3002 2996 2993 2996 3071
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 2.70 1.8 1.2 1.4 1.6 1.5
Consumer Price Index CPI (points) 106.80 107 107 108 108 110
Harmonised Consumer Prices (points) 106.24 107 107 107 108 110
Core Consumer Prices (points) 105.89 107 107 108 108 110
Core Inflation Rate (%) 2.20 2.2 2 2.3 1.8 2
Producer Prices (points) 105.90 107 108 108 107 109
Inflation Rate Mom (%) 0.10 0.4 -0.2 -0.2 0.3 0.2
Producer Prices Change (%) 0.38 0.5 1.1 1.5 1.4 1.7
CPI Housing Utilities (points) 109.95 110 109 111 112 113
CPI Transportation (points) 107.89 108 109 109 109 111
Food Inflation (%) 3.70 2.5 2 2.1 1.9 2.1
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 0.00 0 0 0 0 0
Interbank Rate (%) -0.38 -0.4 -0.4 -0.4 -0.4 -0.4
Private Debt to GDP (%) 298.60 274 274 274 274 268
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (EUR Million) 5003.00 4600 3500 3770 5050 3950
Current Account (EUR Million) 19285.00 24200 21900 20200 22100 19500
Current Account to GDP (%) 11.20 8.7 8.7 8.7 8.7 8.5
Imports (EUR Million) 38945.00 40100 38900 40100 38750 40750
Exports (EUR Million) 43948.00 44700 42400 43870 43800 44700
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 52.40 47 47 47 47 45
Government Budget (% of GDP) 1.50 0.6 0.6 0.6 0.6 0.4
Government Spending (EUR Million) 45457.00 45385 45423 45669 46093 46739
Government Spending to GDP (%) 42.20 42.7 42.7 42.7 42.7 43
Government Revenues (USD Billion) 51.80 57 57 57 52.2 52.9
Fiscal Expenditure (EUR Billion) 46.80 40 40 40 50.7 51.4
Government Budget Value (EUR Billion) 5.00 17 17 17 1.5 1.5
Taxes Actual Q1 Q2 Q3 Q4 2020
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 51.75 51.75 51.75 51.75 51.75 51.75
Sales Tax Rate (%) 21.00 21 21 21 21 21
Social Security Rate (%) 47.45 47.45 47.45 47.45 47.45 47.45
Social Security Rate For Companies (%) 19.80 19.8 19.8 19.8 19.8 19.8
Social Security Rate For Employees (%) 27.65 27.65 27.65 27.65 27.65 27.65
Business Actual Q1 Q2 Q3 Q4 2020
Business Confidence (points) 2.90 3.6 4 3.6 2 2.6
Manufacturing Production (%) -1.30 1.1 1.5 1.2 1.6 1.8
Manufacturing Pmi (points) 48.30 52 52.6 53.2 54 54
Consumer Actual Q1 Q2 Q3 Q4 2020
Consumer Confidence (points) -3.00 -2 -3 -7 -6 -2
Retail Sales YoY (%) 2.60 2 2.4 2.3 2.2 2.2
Consumer Spending (EUR Million) 83267.00 83004 83580 83656 84433 85615
Disposable Personal Income (EUR Million) 346950.00 348570 348452 348570 351807 356733
Bank Lending Rate (%) 0.61 0.65 0.65 0.65 0.65 0.65
Personal Spending (%) 1.30 1.8 2 1.9 2.3 2.1
Consumer Credit (EUR Million) 15145.00 15610 15149 15216 15357 15572
Gasoline Prices (USD/Liter) 1.95 2.14 2.19 2.25 2.3 2.3
Housing Actual Q1 Q2 Q3 Q4 2020
Housing Index (points) 134.80 137 140 142 144 148


This page has economic forecasts for Netherlands including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Netherlands economy.