GDP, output and expenditures; value, Quarterly National Accounts
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 March 25th 2024:
Data of the final estimate on the fourth quarter of 2023 and year 2023 have been added to this table.
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.
- 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.
- 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.- Total
- Income approach to GDP
- The way GDP is formed by underlying components in the so-called income approach. In this approach the components are the incomes generated from production activities: compensation of employees and operating surplus / mixed income. To remain consistent with GDP at market prices, taxes less subsidies on production and imports (not necessarily product-related) are added.
- Taxes and subsidies on production
- Taxes and subsidies on production and imports.
- Taxes on production and imports
- Taxes on production and imports are compulsory payments to the government and the European Union (EU), which are related to production, imports and to the use of production factors. Taxes on production and imports are classified into taxes on products and other taxes on production.
- Subsidies on production and imports
- Current payments from the Dutch government or the European Union to producers with the objective to influence output prices, employment or the remuneration of production factors. Subsidies are distinguished between subsidies on products and other subsidies on production.
- Net domestic product market prices
- 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.
- 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 type of fixed assets
- Gross fixed capital formation by type of capital goods
- Fixed assets from production and imports
- Fixed assets from production and imports.
- Total
- Dwellings
- Buildings that are used entirely or primarily as residences, including any associated structures, such as garages, and all permanent fixtures customarily installed in residences. Houseboats, barges, mobile homes and caravans used as principal residences of households are also included, as are public monuments identified primarily as dwellings. Costs of site clearance and preparation are also included. Examples include residential buildings, such as one- and two-dwelling buildings and other residential buildings intended for non-transient occupancy. Uncompleted dwellings are included to the extent that the ultimate user is deemed to have taken ownership, either because the construction is on own- account or as evidenced by the existence of a contract of sale/purchase. Dwellings acquired for military personnel are included because they are used, as are dwellings acquired by civilian units, for the production of housing services. The value of dwellings is net of the value of land underlying dwellings, which is included in land if separately classified.
- Transport equipment
- Equipment for moving people and objects. For examples motor vehicles, trailers and semi-trailers, and other transport equipment.
- Other machinery and equipment
- Other machinery and equipment including weapon systems.
- Cultivated biological resources
- Livestock for breeding, dairy, draught, etc. and vineyards, orchards and other plantations of trees yielding repeat products that are under the direct control, responsibility and management of institutional units, as defined below. Immature cultivated assets are excluded unless produced for own use.
- 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.
- Total
- A Agriculture, forestry and fishing
- Agriculture, forestry and fishing
- 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
- G-N Commercial services
- This category is made up of the categories:
G Wholesale and retail trade; repair of motor vehicles and motorcycles
H Transportation and storage
I Accommodation and food service activities
J Information and communication
K Financial institutions
L Renting, buying and selling of real estate
M Consultancy, research and other specialized business services
N Renting and leasing of tangible goods and other business support
services
- O-U Noncommercial services
- This category is made up of the categories:
O Public administration, public services and compulsory social security
P Education
Q Human health and social work activities
R Culture, sports and recreation
S Other service activities
T Activities of households as employers; undifferentiated goods- and
service- producing activities of households for own use
U Extraterritorial organizations and bodies
- Imports by groups of products
- Imports by groups of products in according to standard products classification CPA 2008.
- Total 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.
- Agriculture, forestry, fishing products
- Products of agriculture, forestry and fishing
- Mining and quarrying
- Mining and quarrying
- Food, beverages and tobacco products
- Food, beverages and tobacco products
- Textiles, wearing apparel and leather
- Textiles, wearing apparel and leather products
- Wood and paper products, and printing
- Wood and paper products, and printing services
- Coke and refined petroleum products
- Coke and refined petroleum products
- Chemical and pharmaceutical products
- Chemicals and chemical products, basic pharmaceutical products and pharmaceutical preparations
- Rubber, plastics and other minerals
- Rubber and plastics products, and other non-metallic mineral products.
- Basic metals and metal products
- Basic metals and fabricated metal products, except machinery and equipment
- Machinery and electrical equipment
- Electrical equipment, machinery and equipment n.e.c.
- Computer, electronic, optical products
- Computer, electronic and optical products
- Transport equipment
- Transport equipment
- Other manufactured products i.e.
- Other manufactured products i.e.
- Other products
- Other products not elsewhere classified
- Consumption by residents abroad
- Final consumption by residents in the rest of the world.
- Cif/fob-adjustment
- Cif/fob adjustment of the transport costs abroad of Dutch freighters. Total imports (goods) and exports (services) are reduced by the same amount.
- 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.
- Total
- Imports of goods (cif)
- Imports of goods including the transport and insurance costs made abroad (cost-insurance-freight = cif-valuation).
- Cif/fob-adjustment and reclassification
- Cif/fob adjustment of the transport costs abroad of Dutch freighters.Total imports (goods) and exports (services) are reduced by the same amount.
Cif/fob reclassification of the transport costs abroad of foreign freighters, from imports of goods to imports of services. It leaves total imports and total exports unchanged.
- 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.
- Total
- Import of services (cif)
- Imports of services include the transport and insurance costs made abroad (cost-insurance-freight = cif-valuation).
- Cif/fob-reclassification
- Cif/fob reclassification of the transport costs abroad of foreign freighters, from imports of goods to imports of services. It leaves total imports and total exports unchanged.
- Taxes on production and imports
- Taxes on production and imports are compulsory payments to the government and the European Union (EU), which are related to production, imports and to the use of production factors. Taxes on production and imports are classified into taxes on products and other taxes on production.
- Total
- Taxes on products
- Taxes that are payable per unit of a given good or service produced or imported. The tax may be a specific amount of money per unit of quantity of a good or service, or it may be calculated as a specified percentage of the price per unit or value of the goods and services produced or traded.
- Other taxes on production
- All taxes on production paid by producers, not related to the value or volume of products produced or transacted. Examples are real estate tax and sewerage charges paid by producers.
- Subsidies on production and imports
- Current payments from the Dutch government or the European Union to producers with the objective to influence output prices, employment or the remuneration of production factors. Subsidies are distinguished between subsidies on products and other subsidies on production.
- Total
- Subsidies on products
- Subsidies payable per unit of a good or service produced or imported. The amount of subsidies is related to the value or amount of product.
- Other subsidies on production
- Other subsidies on production include all subsidies on production paid to producers, not related to the value or volume of products domestically produced or transacted.