GDP, output and expenditures; value, Quarterly National Accounts

GDP, output and expenditures; value, Quarterly National Accounts

Type of data Periods Income approach to GDP Gross operating surplus (million euros)
Prices of 2015 2021 3rd quarter* .
Prices of 2015 seasonally adjusted 2021 3rd quarter* .
Current prices 2021 3rd quarter* 61,266
Current prices, seasonally adjusted 2021 3rd quarter* 56,655
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

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.
Gross operating surplus
The surplus that remains after compensation of employees and taxes less subsidies on production and imports have been subtracted from the sum of value added at basic prices. For the self-employed (who are part of the sector households) the surplus is called mixed income, it is partly a reward for their entrepreneurship compensation for their labour.

In the system of national accounts 'gross' means that consumption of fixed capital (depreciation) has not been subtracted. When it has, 'net' is used.