The Dutch economy expanded by 5.0% year-on-year in 2021, recovering sharply from a 3.8% contraction a year earlier, helped by a jump in consumer spending as the country opened up gradually from April to October. source: Statistics Netherlands
Full Year GDP Growth in Netherlands averaged 1.92 percent from 1996 until 2021, reaching an all time high of 5.03 percent in 1999 and a record low of -3.80 percent in 2020. This page includes a chart with historical data for Netherlands Full Year GDP Growth. Netherlands Full Year GDP Growth - values, historical data and charts - was last updated on June of 2022.
Full Year GDP Growth in Netherlands is expected to reach 2.90 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Netherlands Full Year GDP Growth is projected to trend around 2.70 percent in 2023 and 2.20 percent in 2024, according to our econometric models.