GDP, output and expenditures; value, Quarterly National Accounts

GDP, output and expenditures; value, Quarterly National Accounts

Type of data Periods Production approach to GDP Value added basic prices A-F Agriculture and industry Total (million euros) Production approach to GDP Value added basic prices A-F Agriculture and industry A Agriculture, forestry and fishing (million euros) Production approach to GDP Value added basic prices A-F Agriculture and industry F Construction (million euros) Production approach to GDP Value added basic prices A-F Agriculture and industry B-E Industry (no construction), energy Total (million euros) Production approach to GDP Value added basic prices A-F Agriculture and industry B-E Industry (no construction), energy B Mining and quarrying (million euros) Production approach to GDP Value added basic prices A-F Agriculture and industry B-E Industry (no construction), energy D Electricity and gas supply (million euros) Production approach to GDP Value added basic prices A-F Agriculture and industry B-E Industry (no construction), energy E Water supply and waste management (million euros) Production approach to GDP Value added basic prices A-F Agriculture and industry B-E Industry (no construction), energy C Manufacturing 26-27 Electrical and electron. industry (million euros) Additional details Gross fixed capital formation By economic activity of destination Fixed assets from production and imports B-F Industry and energy (million euros)
Prices of 2015 2021 3rd quarter* 37,015 3,429 7,737 25,882 1,054 2,111 1,053 2,266 7,254
Prices of 2015 seasonally adjusted 2021 3rd quarter* 38,624 3,113 8,458 27,196 1,180 2,330 1,075 . 7,459
Current prices 2021 3rd quarter* 40,876 3,770 9,192 27,914 1,520 2,180 1,261 2,200 8,027
Current prices, seasonally adjusted 2021 3rd quarter* 42,360 3,489 9,911 28,936 1,591 2,389 1,301 . 8,413
Source: CBS.
Explanation of symbols

Table description


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 1995-2019 are final. Quarterly data of 2019, 2020 and 2021 are provisional.

Changes as of December 24th 2021:
Data of the final estimate of 2021q3 have been added to this table.

Adjustments as of August 17th 2021:
The next adjustments were made in this version:
- The base year of chained volume data of seven time series of the group ‘National net lending or net borrowing’ was shifted from 2010 to 2015. This leads to changes in value, volume changes and prices of these time series.
- Some small rounding changes were made in the time series ‘Total final expenditure’ and ‘Changes in inventories’.

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.

Description topics

Production approach to GDP
The way GDP is formed by underlying components in the so-called production approach. In this approach GDP equals the sum of value added over all branches (including non-commercial ones). Value added is thereby registered at basic prices. GDP at market prices is obtained by adding taxes less subsidies on production and the difference between imputed and paid VAT. The included taxes and subsidies apply both to produced and imported goods and services. Examples of these are VAT and taxes on import.
Value added basic prices
The value of all goods and services produced (production value or output), minus those that have been intermediately used upon production (intermediate consumption). Value added is rated at basic prices: purchaser's prices minus trade and transport margins and taxes on products paid and plus subsidies on products received. Intermediate consumption is rated at purchaser's prices minus non-deductible VAT.
Included is the output by all kind-of-activity units residing in the Netherlands, also those that are held by foreign owners.
Net value added can be obtained by deducting consumption of fixed capital from gross value added.
A-F Agriculture and industry
This category is made up of the categories:
A Agriculture, forestry and fishing
B Mining and quarrying
C Manufacturing
D Electricity, gas, steam and air conditioning supply
E Water supply; sewerage, waste management and remediation activities
F Construction
Total
A Agriculture, forestry and fishing
Agriculture, forestry and fishing
B-E Industry (no construction), energy
This category is made up of the categories:
B Mining and quarrying
C Manufacturing
D Electricity, gas, steam and air conditioning supply
E Water supply; sewerage, waste management and remediation activities
Total
B Mining and quarrying
Mining and quarrying
C Manufacturing
Manufacturing
26-27 Electrical and electron. industry
Manufacture of computers, electronic, optical and electrical products
This category is made up of the categories:
26 Manufacture of computers, electronic and optical products
27 Manufacture of electrical equipment
D Electricity and gas supply
Electricity, gas, steam and air conditioning supply
E Water supply and waste management
Water supply; sewerage, waste management and remediation activities
F Construction
Construction
Additional details
The additional details of some variables in the previous parts of this table are being given in this section.
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.

By economic activity of destination
Gross fixed capital formation by economic activity of destination
Fixed assets from production and imports
Fixed assets from production and imports.
B-F Industry and energy
This category is made up of the categories:
B Mining and quarrying
C Manufacturing
D Electricity, gas, steam and air conditioning supply
E Water supply; sewerage, waste management and remediation activities
F Construction