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. GDP Growth Rate in Netherlands averaged 0.55 percent from 1988 until 2018, 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.

GDP Growth Rate in Netherlands is expected to be 0.40 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 0.50 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.

Netherlands GDP Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-14 08:30 AM GDP Growth Rate QoQ Flash 0.2% 0.7% 0.5% 0.5%
2018-12-24 05:30 AM GDP Growth Rate QoQ Final 0.2% 0.7% 0.2% 0.2%
2019-02-14 08:30 AM GDP Growth Rate QoQ Flash 0.5% 0.1% 0.5% 0.4%
2019-03-26 05:30 AM GDP Growth Rate QoQ Final 0.5% 0.2% 0.5% 0.5%
2019-05-15 07:30 AM GDP Growth Rate QoQ Flash 0.5% 0.4%
2019-06-24 04:30 AM GDP Growth Rate QoQ Final 0.5% 0.4%
2019-08-14 07:30 AM GDP Growth Rate QoQ Flash 0.5%



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.

The fourh-quarter expansion was driven by household consumption (0.5 percent vs 0.1 percent in Q3), fixed investment (3.7 percent vs -2.4 percent) and government spending (0.5 percent vs -0.1 percent). Meantime, inventory changes were neutral, while net external demand contributed negatively to the GDP growth as exports fell 1.5 percent (vs 1.6 percent in Q3) and imports declined at a softer 1.3 percent (vs 0.9 percent in Q3).
 
Year-on-year, the economy grew 2.2 percent, faster than a preliminary estimate of 2 percent and compared to the previous period's 2.4 percent expansion. Private consumption growth accelerated to 2.2 percent from 1.9 percent and fixed investment advanced 4.4 percent, faster than 0.6 percent in Q3. In addition, net foreign demand contributed positively to the GDP growth as exports rose 1.5 percent (vs 3.4 percent in Q3) and imports went up at a softer 1.1 percent (vs 2.7 percent in Q3). Meanwhile, a negative contribution was made by inventory changes (-0.1 percentage points vs 0.9 percentage points in Q3).
 
Considering 2018 full year, the GDP rose 2.7 percent, easing from a 2.9 percent increase in 2017.


Statistics Netherlands | Chusnul Ch Manan | chusnul@tradingeconomics.com
3/26/2019 12:04:22 PM



Netherlands GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.50 0.20 1.70 -3.60 percent [+]
GDP Annual Growth Rate 2.20 2.40 6.10 -4.60 percent [+]
GDP 826.20 777.23 936.23 12.28 USD Billion [+]
GDP Constant Prices 187451.20 186433.80 187451.20 79959.50 EUR Million [+]
Gross National Product 189907.30 177389.58 189907.30 76625.00 EUR Million [+]
Gross Fixed Capital Formation 39810.00 38378.00 62170.00 15537.00 EUR Million [+]
GDP per capita 53597.83 52267.73 53597.83 16188.54 USD [+]
GDP per capita PPP 48472.54 47269.63 48472.54 32090.21 USD [+]
GDP From Agriculture 3043.00 3220.00 3346.00 1860.00 EUR Million [+]
GDP From Construction 8133.48 7376.23 8845.35 5063.90 EUR Million [+]
GDP From Manufacturing 21462.00 19727.00 21462.00 12921.00 EUR Million [+]
GDP From Mining 1989.77 1966.83 8408.57 1966.83 EUR Million [+]
GDP From Public Administration 12358.00 10616.00 12358.00 9245.00 EUR Million [+]
GDP From Services 35092.91 34481.37 35537.87 18598.14 EUR Million [+]
GDP From Transport 8286.00 8107.00 8286.00 4698.00 EUR Million [+]
GDP From Utilities 1127.00 1036.00 1133.00 506.00 EUR Million [+]


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). This page provides - Netherlands GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Netherlands GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.20 1.70 -3.60 1988 - 2018 percent Quarterly




Country Last Previous
United States 2.20 Dec/18
Singapore 2.00 Mar/19
Saudi Arabia 1.60 Sep/18
India 1.50 Sep/18
China 1.40 Mar/19
South Africa 1.40 Dec/18
South Korea 1.00 Dec/18
Russia 0.80 Dec/18
Spain 0.60 Dec/18
Japan 0.50 Dec/18
Netherlands 0.50 Dec/18
France 0.30 Dec/18
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Euro Area 0.20 Dec/18
Mexico 0.20 Dec/18
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Brazil 0.10 Dec/18
Canada 0.10 Dec/18
Germany 0.00 Dec/18
Italy -0.10 Dec/18
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Turkey -2.40 Dec/18


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