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 Total (million euros) Production approach to GDP Value added basic prices G-N Commercial services G-I Trade, transport, hotels, catering Total (million euros) Production approach to GDP Value added basic prices G-N Commercial services G-I Trade, transport, hotels, catering I Accommodation and food serving (million euros)
Prices of 2015 2021 2nd quarter* 174,934 35,591 2,112
Prices of 2015 2021 3rd quarter* 170,878 36,534 3,209
Prices of 2015 2021 4th quarter* 179,321 36,781 2,472
Prices of 2015 2021* 686,256 139,918 8,811
Prices of 2015 2022 1st quarter* 172,616 35,212 2,694
Current prices 2021 2nd quarter* 193,324 39,410 2,658
Current prices 2021 3rd quarter* 191,126 41,180 4,417
Current prices 2021 4th quarter* 199,440 40,932 2,959
Current prices 2021* 762,564 156,442 11,143
Current prices 2022 1st quarter* 198,777 40,414 2,779
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 1995-2020 are final. Quarterly data of 2020, 2021 and 2022 are provisional.

Adjustments as of December 23rd, 2022:
Data of the final estimate of the third quarter of 2022 have been added.
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.

Adjustments as of September 23rd 2022:
Data of the final estimate of the second quarter of 2022 have been added.
The method for calculating the profits received from and paid to the rest of the world for non-financial corporations has been improved for the period from 1995 onwards. This impacts several time series in the calculation of the national net lending or net borrowing.

Adjustments as of July 1st 2022:
Quarterly data of Net operating surplus and Other subsidies on production in 2021 were not correct. They are adjusted in this version. Higher aggregates such as Total subsidies and Taxes less subsidies on production and imports have also been adjusted.

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.
Total
G-N Commercial services
Commercial services
This category is made up of the categories:
G Wholesale and retail trade
H Transportation and storage
I Accommodation and food serving
J Information and communication
K Financial institutions
L Renting and buying and selling of real estate
M Consultancy, research and other specialised business services
N Renting and leasing of tangible goods and other business support services
G-I Trade, transport, hotels, catering
Trade, transport, hotels, catering
This category is made up of the categories:
G Wholesale and retail trade
H Transportation and storage
I Accommodation and food serving
Total
I Accommodation and food serving
Accommodation and food service activities