The Dutch economy grew by 0.4 percent on quarter in the three months to September 2019, the same pace as in the previous period and matching preliminary estimate. Growth was mainly driven by public spending, inventory changes and household consumption. GDP Growth Rate in Netherlands averaged 0.54 percent from 1988 until 2019, reaching an all time high of 1.70 percent in the first quarter of 1999 and a record low of -3.60 percent in the first quarter of 2009. source: Statistics Netherlands

GDP Growth Rate in Netherlands is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Netherlands to stand at 0.30 in 12 months time. In the long-term, the Netherlands GDP Growth Rate is projected to trend around 0.40 percent in 2020, according to our econometric models.

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Netherlands GDP Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.40 1.70 -3.60 1988 - 2019 percent Quarterly



Calendar GMT Actual Previous Consensus TEForecast
2019-08-14 07:30 AM GDP Growth Rate QoQ Flash Q2 0.5% 0.5% 0.3% 0.5%
2019-09-23 04:30 AM GDP Growth Rate QoQ Final Q2 0.4% 0.4% 0.5% 0.5%
2019-11-14 08:30 AM GDP Growth Rate QoQ Flash Q3 0.4% 0.4% 0.3% 0.4%
2019-12-24 05:30 AM GDP Growth Rate QoQ Final Q3 0.4% 0.4% 0.4% 0.4%
2020-02-13 08:30 AM GDP Growth Rate QoQ Flash Q4 0.4% 0.3%


News Stream
2019-11-14
Dutch Q3 GDP Growth Slightly Above Forecasts
The Dutch economy grew by 0.4 percent on quarter in the three months to September 2019, the same pace as in the previous period and slightly above market expectations of 0.3 percent, a preliminary estimate showed. Growth was mainly driven by public spending, inventory changes and household consumption, while fixed investment contracted and net external demand contributed negatively to the GDP. Year-on-year, the economy grew by 1.9 percent, accelerating from 1.8 percent in the previous period and beating market expectations of 1.7 percent.

2019-09-23
Dutch Q2 GDP Growth Revised Down to 0.4%
The Dutch quarterly economic growth was revised lower to 0.4 percent in the second quarter of 2019 from a preliminary estimate of 0.5 percent. Household consumption and net foreign demand were the main drivers of the expansion, while fixed investment rose at a softer pace.

2019-08-14
Dutch Q2 GDP Growth Stronger than Expected
The Dutch economy advanced 0.5 percent on quarter in the three months to June 2019, the same pace as in the previous period and beating market expectations of 0.3 percent, a preliminary estimate showed. Growth was mainly driven by net foreign demand, household consumption and fixed investment.

2019-06-24
Dutch GDP Growth Confirmed at 0.5% in Q1
The Dutch quarterly economic growth was confirmed grew at 0.5 percent in the three months to March of 2019, the same as in the previous three-month period. Growth was mainly driven by fixed investment which offset a negative foreign demand.

2019-05-14
Dutch Q1 GDP Growth Beats Estimates
The Dutch economy advanced 0.5 percent on quarter in the three months to March 2019, the same as in the previous period and beating market expectations of 0.4 percent, a preliminary estimate showed. Growth was mainly driven by fixed investment which offset a negative foreign demand.

2019-03-26
Dutch Q4 GDP Growth Confirmed at 0.5%
The Dutch quarterly economic growth was confirmed at 0.5 percent in the fourth quarter of 2018, compared with an upwardly revised 0.2 percent expansion in the previous three-month period. Growth was driven by household consumption, fixed investment and government spending, while net external demand contributed negatively to the GDP growth.


Netherlands GDP Growth Rate
The Netherlands is the sixth-largest economy in the Euro Zone and important transportation hub in Europe. The Dutch economy depends heavily on foreign trade, with exports accounting for 83 percent of GDP and imports for 72 percent. Household consumption is the main component of GDP (45 percent) followed by government expenditure (26 percent), gross fixed capital formation (18 percent) and net trade (11 percent).

Netherlands GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.40 0.40 1.70 -3.60 percent [+]
GDP Annual Growth Rate 1.90 1.80 6.10 -4.60 percent [+]
GDP 912.87 830.57 948.00 12.28 USD Billion [+]
GDP Constant Prices 189772.00 188941.00 189772.00 79959.50 EUR Million [+]
Gross National Product 181014.04 179471.61 189661.34 76625.00 EUR Million [+]
Gross Fixed Capital Formation 39928.00 40048.00 62107.00 15537.00 EUR Million [+]
GDP per capita 55041.10 53920.00 55041.10 16188.54 USD [+]
GDP per capita PPP 49803.50 48789.10 49803.50 32305.20 USD [+]
GDP From Agriculture 3336.00 2508.00 3343.00 1860.00 EUR Million [+]
GDP From Construction 8006.00 9366.00 9366.00 5064.00 EUR Million [+]
GDP From Manufacturing 20550.00 21584.00 22087.00 12921.00 EUR Million [+]
GDP From Mining 1639.00 1803.00 8409.00 1639.00 EUR Million [+]
GDP From Public Administration 10731.00 12286.00 12286.00 9245.00 EUR Million [+]
GDP From Services 35085.00 36039.00 36039.00 18598.00 EUR Million [+]
GDP From Transport 8294.00 8303.00 8401.00 4698.00 EUR Million [+]
GDP From Utilities 1060.00 1122.00 1170.00 506.00 EUR Million [+]