GDP, output and expenditures; changes, Quarterly National Accounts

GDP, output and expenditures; changes, Quarterly National Accounts

Type of data Periods Additional details Gross fixed capital formation By type of fixed assets Fixed assets from production and imports Intellectual property products Research and development (%)
Volume, on corresponding period (y/y) 2020 2nd quarter* -1.0
Volume, on previous period (q/q) 2020 2nd quarter* .
Value, on corresponding period (y/y) 2020 2nd quarter* 1.6
Value, on previous period (q/q) 2020 2nd quarter* .
Price, on corresponding period (y/y) 2020 2nd quarter* 2.7
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:
The figures of the period 1995-2017 are final. Data of 2018, 2019 and 2020 are provisional.

Changes as of September 23rd 2020:
Data of the final estimate of 2020q2 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.

Description topics

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.
Intellectual property products
Fixed assets that consist of the results of research and development, mineral exploration and evaluation, computer software and databases, entertainment, literary or artistic originals and other intellectual property products, as defined below, intended to be used for more than one year.
Research and development
Consists of the value of expenditure on creative work undertaken on a systematic basis in order to increase the stock of knowledge, including knowledge of man, culture and society, and use of this stock of knowledge to devise new applications. The value is determined in terms of the economic benefits expected in the future. Unless the value can be reasonably estimated it is, by convention, valued as the sum of the costs, including those of unsuccessful research and development. Research and development that will not provide a benefit to the owner is not classified as an asset and is instead recorded as intermediate consumption.