GDP, output and expenditures; changes, Quarterly National Accounts
| Type of data | Periods | Expenditure approach to GDP Final expenditure National final expenditure Gross fixed capital formation Enterprises and households (%) |
|---|---|---|
| Volume, on corresponding period (y/y) | 2023* | 2.0 |
| Volume, on previous period (q/q) | 2023* | 2.0 |
| Value, on corresponding period (y/y) | 2023* | 6.0 |
| Value, on previous period (q/q) | 2023* | 6.0 |
| Price, on corresponding period (y/y) | 2023* | 4.0 |
| Source: CBS. | ||
Dataset is not available.
This table provides 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.
- 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).
- National final expenditure
- The sum of the consumption of households and the government, gross fixed capital formation and changes in inventories.
- 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.- Enterprises and households
- Gross fixed capital formation of (financial or non-financial) corporations and households including non-profit institutions serving households (NPISHs). Fixed capital formation by households concerns houses, but also investments by the self-employed.