GDP, output and expenditures; value, Quarterly National Accounts

GDP, output and expenditures; value, Quarterly National Accounts

Type of data Periods Expenditure approach to GDP Disposable for final expenditure Total (million euros) Expenditure approach to GDP Disposable for final expenditure Gross domestic product (million euros) Expenditure approach to GDP Disposable for final expenditure Imports of goods and services Total (million euros) Expenditure approach to GDP Disposable for final expenditure Imports of goods and services Imports of goods (million euros) Expenditure approach to GDP Disposable for final expenditure Imports of goods and services Imports of services (million euros) Expenditure approach to GDP Final expenditure Total (million euros) Expenditure approach to GDP Final expenditure National final expenditure Total (million euros) Expenditure approach to GDP Final expenditure National final expenditure Final consumption expenditure Total (million euros) Expenditure approach to GDP Final expenditure National final expenditure Final consumption expenditure Households including NPISHs (million euros) Expenditure approach to GDP Final expenditure National final expenditure Final consumption expenditure General government (million euros) Expenditure approach to GDP Final expenditure National final expenditure Gross fixed capital formation Total (million euros) Expenditure approach to GDP Final expenditure National final expenditure Gross fixed capital formation Enterprises and households (million euros) Expenditure approach to GDP Final expenditure National final expenditure Gross fixed capital formation General government (million euros) Expenditure approach to GDP Final expenditure National final expenditure Changes in inventories incl. valuables (million euros) Expenditure approach to GDP Final expenditure Exports of goods and services Total (million euros) Expenditure approach to GDP Final expenditure Exports of goods and services Exports of goods (million euros) Expenditure approach to GDP Final expenditure Exports of goods and services Exports of services (million euros)
Prices of 2015 2021 1st quarter* 321,262 181,960 139,527 109,207 30,925 321,262 161,307 120,394 73,920 46,397 41,364 34,572 6,798 -419 160,294 125,770 35,063
Prices of 2015 2021 2nd quarter* 342,725 196,983 145,797 114,121 32,322 342,725 175,703 132,247 81,141 51,046 42,702 35,937 6,756 737 167,460 128,721 39,142
Prices of 2015 2021 3rd quarter* 344,108 192,233 152,132 115,320 37,108 344,108 172,490 133,050 85,171 47,858 37,196 30,690 6,504 2,298 171,998 129,298 42,755
Prices of 2015 2021 4th quarter* 354,415 201,793 152,601 120,460 32,602 354,415 175,881 134,450 83,009 51,400 41,151 34,199 6,947 294 178,890 138,776 40,286
Prices of 2015 2021 1,362,475 772,954 590,029 459,071 132,965 1,362,475 685,360 520,133 323,232 196,697 162,422 135,406 27,005 2,899 678,619 522,520 157,229
Prices of 2015 2022 1st quarter* 340,044 193,630 146,603 111,681 35,450 340,044 172,541 131,295 83,777 47,482 40,961 34,551 6,403 381 167,789 127,415 40,882
Prices of 2015 2022 2nd quarter* 360,511 207,149 153,424 116,330 37,679 360,511 183,149 138,114 86,785 51,305 44,202 37,845 6,327 818 177,896 131,746 46,549
Prices of 2015 2022 3rd quarter* 352,337 198,002 154,543 115,253 39,539 352,337 175,664 136,200 87,516 48,671 38,058 31,611 6,440 1,441 177,103 130,870 46,283
Prices of 2015 2022 4th quarter* 365,775 207,629 158,155 124,313 34,301 365,775 179,776 138,666 86,330 52,311 42,110 35,536 6,553 -1,013 186,456 144,351 42,278
Prices of 2015 2022* 1,418,665 806,415 612,704 467,532 146,976 1,418,665 711,114 544,265 344,414 199,765 165,332 139,545 25,722 1,618 709,231 534,314 175,977
Prices of 2015 2023 1st quarter* 349,371 197,348 152,101 116,177 36,439 349,371 176,142 134,900 86,079 48,785 43,405 37,157 6,219 -2,007 173,462 132,419 41,487
Prices of 2015 2023 2nd quarter* 361,563 206,822 154,724 117,481 37,811 361,563 184,679 139,923 87,135 52,754 45,523 39,087 6,403 -731 177,457 131,857 45,945
Current prices 2021 1st quarter* 344,111 203,160 140,951 107,812 33,139 344,111 179,574 133,969 81,629 52,340 46,001 38,687 7,314 -396 164,537 127,264 37,273
Current prices 2021 2nd quarter* 374,486 220,430 154,056 118,649 35,407 374,486 196,343 147,493 90,657 56,836 48,094 40,673 7,421 756 178,143 135,732 42,411
Current prices 2021 3rd quarter* 382,913 217,899 165,014 124,277 40,737 382,913 195,726 149,796 94,792 55,004 42,688 35,392 7,296 3,242 187,187 140,942 46,245
Current prices 2021 4th quarter* 403,308 229,098 174,210 137,597 36,613 403,308 200,966 153,891 93,832 60,059 47,622 39,767 7,855 -547 202,342 157,566 44,776
Current prices 2021 1,504,818 870,587 634,231 488,335 145,896 1,504,818 772,609 585,149 360,910 224,239 184,405 154,519 29,886 3,055 732,209 561,504 170,705
Current prices 2022 1st quarter* 402,685 226,933 175,752 135,240 40,512 402,685 200,597 151,883 95,210 56,673 48,782 41,426 7,356 -68 202,088 156,076 46,012
Current prices 2022 2nd quarter* 444,566 241,615 202,951 159,014 43,937 444,566 218,517 161,864 101,641 60,223 52,985 45,633 7,352 3,668 226,049 172,547 53,502
Current prices 2022 3rd quarter* 444,337 238,450 205,887 158,440 47,447 444,337 215,658 164,414 105,368 59,046 46,202 38,597 7,605 5,042 228,679 174,321 54,358
Current prices 2022 4th quarter* 462,169 251,551 210,618 168,638 41,980 462,169 220,324 173,412 108,854 64,558 51,899 43,953 7,946 -4,987 241,845 191,953 49,892
Current prices 2022* 1,753,757 958,549 795,208 621,332 173,876 1,753,757 855,096 651,573 411,073 240,500 199,868 169,609 30,259 3,655 898,661 694,897 203,764
Current prices 2023 1st quarter* 443,001 249,539 193,462 147,258 46,204 443,001 221,239 171,291 110,551 60,740 53,991 46,498 7,493 -4,043 221,762 171,567 50,195
Current prices 2023 2nd quarter* 458,117 262,449 195,668 147,764 47,904 458,117 235,240 177,522 112,447 65,075 56,954 49,178 7,776 764 222,877 166,109 56,768
Source: CBS.
Explanation of symbols

Dataset is not available.


This table provides data from Quarterly National Accounts (QNA) of Statistics The Netherlands. It contains quarterly and annual data on production, expenditures, income and external economic transactions of The Netherlands.

Data available from 1995.

Status of the figures:
Annual data of the period 1995-2021 are final. Quarterly data of 2021, 2022 and 2023 are provisional.

Changes as of September 22nd 2023:
Data of the final estimate on the second quarter of 2023 have been added to this table. Figures for 2022 have been revised as a result of updated information on the government accounts. The revisions have an impact on several transactions and balancing items.

Adjustments as of December 23rd, 2022:
Data on the financial services indirectly measured (fisim) in the second quarter of 2022 were not correct. This impacts gdp and several underlying components in both in current prices and prices of 2015. They are adjusted in this version.

Adjustments as of October 21st, 2022:
The latest data on seasonal and working day adjusted data in the period 1999-2009 for some time series in the structure of the national net lending or net borrowing were not included in this table. In this new version, these data are included.

When will new figures be published?
The preliminary estimate (flash estimate) of a quarter is released within 45 days. The second estimate is published after 85 days. At the second estimate of the fourth quarter, data of the previous three quarters will also be revised. If (new) annual figures become available in June, the quarterly figures will be revised again to bring them in line with the annual figures. Please note that there is a possibility that adjustments might take place at the end of March or September, in order to provide the European Commission with the latest figures.

Description topics

Expenditure approach to GDP
The way GDP is formed by underlying components in the so-called expenditure approach. In this approach the components are consumption by households, consumption by the general government, gross fixed capital formation, changes in inventories and exports, minus imports. Changes in inventories are included for consistency with the production approach. From the 2010 edition of the European System of Accounts onwards these changes are added to fixed capital formation. Consumption, fixed capital formation and changes in inventories add up to the so-called national final expenditure. By adding exports final expenditure is obtained. Intermediate consumption, goods and services used upon production, is not part of final expenditure.
Disposable for final expenditure
The total amount of domestic generated goods and services (GDP) and the imported goods and services are adding up to the disposable for final expenditure. This variable is by definition equal to the total final expenditure, which is the sum of the National final expenditure and the exports of goods and services.
Total
Gross domestic product
Gross domestic product (GDP) is a quantity that expresses the size of an economy. The volume change of GDP during a reference period expresses the growth or shrinkage of the economy. Gross domestic product at market prices is the final result of the production activity of resident producer units. It can be defined in three ways:

- production approach: GDP is the sum of gross value added of the various institutional sectors or the various industries plus taxes and less subsidies on products (which are not allocated to sectors and industries). It is also the balancing item in the total economy production account;
- expenditure approach: GDP is the sum of final uses of goods and services by resident institutional units (final consumption and gross capital formation), plus exports and minus imports of goods and services;
- income approach: GDP is the sum of uses in the total economy generation of income account (compensation of employees, taxes on production and imports less subsidies, gross operating surplus and mixed income of the total economy).

Net domestic product at market prices (NDP) can be obtained by deducting consumption of fixed capital from GDP.
Imports of goods and services
Transactions in goods and services (sales, barter and gifts) from non-residents to residents (in the Netherlands). Imports of goods occurs when economic ownership of goods is passed from non-residents to residents. This applies irrespective of corresponding physical movements of goods across frontiers. An enterprise or institution is considered residential after it has been active in the Netherlands for at least one year. This applies irrespective of the question whether the enterprise or institute has foreign owners.
Total
Imports of goods
Transactions in goods (sales, barter and gifts) from non-residents to residents (in the Netherlands). Imports of goods occurs when economic ownership of goods is passed from non-residents to residents. This applies irrespective of corresponding physical movements of goods across frontiers. An enterprise or institution is considered residential after it has been active in the Netherlands for at least one year. This applies irrespective of the question whether the enterprise or institute has foreign owners. Part of the imports are raw materials, semi-finished products, fuel and fixed assets. Furthermore, imports of goods may be re-exports: goods that were imported before being exported, after having received at most minor adaptations.
Imports of services
Transactions in services (sales, barter and gifts) from non-residents to residents (in the Netherlands). Imports of services applies among others to expenses made by Dutch companies abroad, like costs of transportation, banking costs and business travels. Imports by services are also made by the Dutch general government, among others by means of expenses made by Dutch embassies and consulates. Imports of services by households consist among others of imports of consumer goods and the direct consumptive expenditure by Dutch residents abroad.
Final expenditure
The sum of the National final expenditure and the exports of goods and services. This variable is by definition equal to the disposable final expenditure (GDP and imports).
Total
National final expenditure
The sum of the consumption of households and the government, gross fixed capital formation and changes in inventories.
Total
Final consumption expenditure
Expenditure on goods or services that are used for the direct satisfaction of individual or collective needs. Expenses may be made at home or abroad, but they are always made by resident institutional units, that is households or institutions residing in the Netherlands. By definition only households, non-profit institutions serving households (NPISHs) and government institutions consume. Enterprises do not: expenses they make on goods and services are thought to serve production and are therefore classified as intermediate consumption of fixed capital formation. The general government is a special case. The government also has intermediate consumption, just like enterprises. But the output delivered by the government which is not directly paid for, non-market output (like safety), is classified as consumption by the general government. It is said that the government 'consumes its own production'. The system of national accounts demands that all that is produced is also consumed (or serves as an investment). By convention, government output is consumed by the government itself. This is not the only consumption by the general government. It also contains social transfers in kind. In the Netherlands this mainly concerns health care bills paid for by the government and an allowance for the rent.
Total
Households including NPISHs
Consumption expenditure by households and non-profit institutions serving households (NPISHs). Not all expenses made by households are seen as consumptive, households may invest as well. These investments mainly concern the purchase of houses and substantial costs on maintenance. Small costs on maintenance, indoor painting and the purchase of furniture is classified as consumption. This also applies to the purchase of cars and car maintenance.
General government
Consumption expenditure by the general government sector. The output delivered by the government which is not directly paid for, non-market output (like safety), is classified as consumption by the government. It is said that the government 'consumes its own production'. The system of national accounts demands that all that is produced is also consumed (or serves as an investment). By convention, government output is consumed by the government itself. This is not the only consumption by the general government. Purchases by general government of goods and services produced by market producers that are supplied to households as social transfers in kind are part of government consumption as well. Examples of this in the Netherlands are health care bills paid for by the government and an allowance for the rent.

Government output consumed by the government is classified into collective consumption and individual consumption. Collective consumption by the government consists of services for collective consumption that are provided simultaneously to all members of the community. Examples of this are expenses on defense, environmental health or public governance. Individual consumption is made up of expenses that serve only part of the community. This concerns mainly education.
Gross fixed capital formation
Expenditure on produced assets that are used in a production process for more than one year. This may concern a building, dwelling, transport equipment or a machine. This in contrast with goods and services which are used up during the production process, the so-called intermediate use (e.g. iron ore). Fixed capital does lose value over time as a result of normal wear and tear and obsolescence. This is called consumption of fixed capital (also called depreciation). The value of fixed capital formation in which the consumption of fixed capital is not deducted is called gross fixed capital formation. Deduction of the consumption of fixed capital results in net fixed capital formation.

The following types of fixed assets exist: dwellings and other buildings and structures, machinery and equipment, transport equipment, weapon systems (included in machinery and equipment), computers, software, telecommunication equipment, research and development, cultivated biological resources, mineral exploration and evaluation, and costs of ownership transfer on non-produced assets, like land, contracts, leases and licenses.

Total
Enterprises and households
Gross fixed capital formation of (financial or non-financial) corporations and households and the sector households including non-profit institutions serving households (NPISHs). Fixed capital formation by households concerns houses, but also investments by the self-employed.
General government
Gross fixed capital formation of the sector general government. Fixed capital formation by the general government concerns e.g. investments in public infrastructure, research and development and weapon systems.
Changes in inventories incl. valuables
Changes in inventories including acquisitions less disposals of valuables
Changes in the stock of raw materials, semi-finished products, work-in-progress (unfinished works like ships or oil rigs) and finished products still held by the producer. Changes in stock do not include progress made in construction. Positive changes in inventories arise when products are finished in the reference period but not yet sold. Alternatively, they arise when goods are purchased for intermediate consumption but not yet used. Negative changes in inventories arise when goods from stocks have been sold, or used in the production process. A more extensive list of changes in inventories is found in article 3.146 and further of the European System of Accounts 2010.

In measuring changes in inventories, changes in prices during the reference period are not allowed to have any effect. The initial and final inventory is therefor valued at the same price. Raw materials are valued at the price of purchase. Final products are valued at the selling price. Work-in-progress is valued at the cost-price.

Acquisitions less disposals of valuables This transaction consists of the acquisitions less disposals of precious stones, non-monetary gold, antiques, art objects and jewelry, that are acquired and held primarily as stores of value. In the national accounts this transaction is mostly combined with changes in inventories.
Exports of goods and services
Transactions in goods and services (sales, barter and gifts) from residents (in the Netherlands) to non-residents. Exports of goods occurs when economic ownership of goods is passed from residents to non-residents. This applies irrespective of corresponding physical movements of goods across frontiers. An enterprise or institution is considered residential after it has been active in the Netherlands for at least one year. This applies irrespective of the question whether the enterprise or institute has foreign owners.
Total
Exports of goods
Transactions in goods (sales, barter and gifts) from residents (in the Netherlands) to non-residents. Exports of goods occurs when economic ownership of goods is passed from residents to non-residents. This applies irrespective of corresponding physical movements of goods across frontiers. An enterprise or institution is considered residential after it has been active in the Netherlands for at least one year. This applies irrespective of the question whether the enterprise or institute has foreign owners. Part of the exports of goods are re-exports: goods that were imported before being exported, after having received at most minor adaptations.
Exports of services
Transactions in services (sales, barter and gifts) from residents (in the Netherlands) to non-residents. Exports of goods occurs when economic ownership of goods is passed from residents to non-residents. Exports of services include among others the following cases: transportation by resident carriers abroad, harbor services and ship maintenance to non-residents, works performed abroad by resident contractors. Expenses made in the Netherlands by foreign tourists, diplomats and cross-border workers.