GDP, output and expenditures; changes, Quarterly National Accounts

GDP, output and expenditures; changes, Quarterly National Accounts

Type of data Periods Income approach to GDP Net operating surplus (%)
Volume, on corresponding period (y/y) 2022 3rd quarter* .
Volume, on previous period (q/q) 2022 3rd quarter* .
Value, on corresponding period (y/y) 2022 3rd quarter* .
Value, on previous period (q/q) 2022 3rd quarter* .
Price, on corresponding period (y/y) 2022 3rd quarter* .
Source: CBS.
Explanation of symbols

Table description


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 1995-2020 are final. Quarterly data of 2020, 2021 and 2022 are provisional.

Changes as of November 15th, 2022:
Data of the preliminary estimate of the third quarter of 2022 have been added.

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. Therefore, changes on previous quarter in the period 1999-2010 of these time series were not correct. That has been adjusted in this version.

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 and 2022q1 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

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.
Net 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 labor.

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