Netherlands GDP Growth RateNetherlands GDP Growth RateNetherlands GDP Growth Rate

Netherlands GDP Growth Rate

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Key data points


Last release
Observation period
Q3 2024
Next release
Forecast
0.80%
Highest
6.40% on Sep 30, 2020
Lowest
−8.30% on Jun 30, 2020

About Netherlands GDP Growth Rate


Category
GDP
Frequency
Quarterly
Units
%
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).