Markets Actual Q4 Q1 Q2 Q3 2022
Currency 1.16 1.16 1.15 1.15 1.14 1.13
Stock Market (points) 811.83 782 763 745 727 693
Government Bond 10Y (%) 0.03 0.02 0.04 0.07 0.1 0.12

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Growth Rate (%) 3.80 1.4 0.7 0.6 0.7 0.5
GDP Annual Growth Rate (%) 10.40 3.2 4.8 4.5 3.6 2.7
Unemployment Rate (%) 3.10 3.6 4 3.7 3.5 3.3
Inflation Rate (%) 2.70 2.2 1.7 1.4 1.5 1.8
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Million) 4521.00 3850 3950 6050 2000 2740
Current Account (EUR Million) 23577.00 19500 24600 22300 25100 17500
Current Account to GDP (% of GDP) 7.80 8.1 8.6 8.6 8.6 8.6
Government Debt to GDP (% of GDP) 54.50 58 56.8 56.8 56.8 56.8
Government Budget (% of GDP) -4.30 -5 -2 -2 -2 -2
Business Confidence (points) 11.10 5 3.6 4 4.5 2
Consumer Confidence (points) -10.00 -12 -14 -10 -8 -8
Corporate Tax Rate (%) 25.00 21.7 25 25 25 21.7
Personal Income Tax Rate (%) 49.50 52 49.5 49.5 49.5 49.5

GDP Actual Q4 Q1 Q2 Q3 2022
GDP Growth Rate (%) 3.80 1.4 0.7 0.6 0.7 0.5
GDP Annual Growth Rate (%) 10.40 3.2 4.8 4.5 3.6 2.7
GDP (USD Billion) 912.24 925 950 950 950 950
GDP Constant Prices (EUR Million) 188885.40 197174 190515 191966 197385 195659
Gross National Product (EUR Million) 196383.92 199757 189530 192371 205221 194647
Gross Fixed Capital Formation (EUR Million) 40137.00 41875 40934 42819 41943 42040
GDP per capita (USD) 53081.31 53800 54600 54600 54600 54600
GDP per capita PPP (USD) 54209.56 55100 55700 55700 55700 55700
GDP From Agriculture (EUR Million) 2653.00 3201 3294 3342 2772 3383
GDP From Construction (EUR Million) 9246.99 8555 8307 9698 9663 8532
GDP From Manufacturing (EUR Million) 22135.00 22575 23099 22138 23131 23723
GDP From Mining (EUR Million) 1210.58 2093 1334 1452 1265 1370
GDP From Public Administration (EUR Million) 13024.00 12999 13356 11871 13610 13717
GDP From Services (EUR Million) 35271.57 36913 34388 33034 36859 35317
GDP From Transport (EUR Million) 7802.00 8716 7535 7221 8153 7738
GDP From Utilities (EUR Million) 1155.00 1185 1222 1110 1207 1255

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 3.10 3.6 4 3.7 3.5 3.3
Labour Costs (points) 124.10 117 121 115 126 124
Minimum Wages (EUR/Month) 1701.00 1701 1725 1725 1725 1725
Wage Growth (%) 2.02 2.5 2.2 1.9 2 2.3
Wages in Manufacturing (points) 124.40 125 126 126 127 128
Population (Million) 17.41 17.6 17.8 17.8 17.8 17.8
Retirement Age Women 66.33 66.33 66.58 66.58 66.58 66.58
Retirement Age Men 66.33 66.33 66.58 66.58 66.58 66.58
Labor Force Participation Rate (%) 71.90 71.6 71.6 71.8 71.9 71.8

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 2.70 2.2 1.7 1.4 1.5 1.8
Harmonised Consumer Prices (points) 110.32 110 110 111 112 112
Consumer Price Index CPI (points) 110.79 110 111 111 112 112
Core Consumer Prices (points) 109.39 109 110 111 111 111
Core Inflation Rate (%) 1.70 1.6 1.4 1.6 1.7 1.8
Producer Prices (points) 116.30 118 122 125 125 124
Inflation Rate Mom (%) 0.10 0.2 0.3 0.4 0.3 0.4
Producer Prices Change (%) 14.40 14.5 12 10 7.5 5.1
CPI Housing Utilities (points) 114.42 113 113 114 116 115
CPI Transportation (points) 114.52 115 115 116 116 116
Food Inflation (%) 0.00 1.6 1.2 1.5 1.4 2

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 0.00 0 0 0 0 0
Interbank Rate (%) -0.55 -0.55 -0.55 -0.55 -0.55 -0.55
Private Debt to GDP (%) 282.70 308 310 310 310 310

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (EUR Million) 4521.00 3850 3950 6050 2000 2740
Current Account (EUR Million) 23577.00 19500 24600 22300 25100 17500
Current Account to GDP (% of GDP) 7.80 8.1 8.6 8.6 8.6 8.6
Imports (EUR Million) 40303.00 41250 48750 46750 43600 43760
Exports (EUR Million) 44824.00 45100 52700 52800 45600 46500

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 54.50 58 56.8 56.8 56.8 56.8
Government Budget (% of GDP) -4.30 -5 -2 -2 -2 -2
Government Spending (EUR Million) 47926.00 47500 49228 48968 50083 48000
Government Spending to GDP (% of GDP) 48.10 48 44 44 44 44
Government Revenues (USD Billion) 53.60 59.1 68.6 56.2 63.8 62
Fiscal Expenditure (EUR Billion) 72.70 67.8 60 69.6 68.9 66.5
Government Budget Value (EUR Billion) -19.20 1.5 -8.7 8.6 -13.4 -4.5

Taxes Actual Q4 Q1 Q2 Q3 2022
Corporate Tax Rate (%) 25.00 21.7 25 25 25 21.7
Personal Income Tax Rate (%) 49.50 52 49.5 49.5 49.5 49.5
Sales Tax Rate (%) 21.00 21 21 21 21 21
Social Security Rate (%) 51.24 46.34 51.24 51.24 51.24 51.24
Social Security Rate For Companies (%) 23.59 18.69 23.59 23.59 23.59 23.59
Social Security Rate For Employees (%) 27.65 27.65 27.65 27.65 27.65 27.65

Business Actual Q4 Q1 Q2 Q3 2022
Business Confidence (points) 11.10 5 3.6 4 4.5 2
Manufacturing Production (%) 9.80 5.8 6.2 5.1 4.3 3.4
Manufacturing PMI (points) 62.00 58 57 55 54.5 54

Consumer Actual Q4 Q1 Q2 Q3 2022
Consumer Confidence (points) -10.00 -12 -14 -10 -8 -8
Retail Sales YoY (%) 3.00 5.5 6.5 5.1 4.8 3.8
Consumer Spending (EUR Million) 78825.00 86753 79799 78186 82372 81954
Disposable Personal Income (EUR Million) 377777.00 364946 389866 395910 394777 400392
Bank Lending Rate (%) 0.28 0.28 0.28 0.28 0.28 0.28
Personal Spending (%) 5.80 5.7 4.4 4 4.6 4.8
Consumer Credit (EUR Million) 10637.00 16848 12717 11148 11116 13061
Gasoline Prices (USD/Liter) 2.26 2.15 2.04 1.94 1.84 1.75

Housing Actual Q4 Q1 Q2 Q3 2022
Housing Index (points) 168.90 170 167 169 166 165


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.