GDP, output and expenditures; changes, Quarterly National Accounts
Explanation of symbols
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.
- Disposable for final expenditure
- The total amount of domestic generated goods and services (GDP) and the imported goods and services are adding up to the disposable for final expenditure. This variable is by definition equal to the total final expenditure, which is the sum of the National final expenditure and the exports of goods and services.
- Imports of goods and services
- Transactions in goods and services (sales, barter and gifts) from non-residents to residents (in the Netherlands). Imports of goods occurs when economic ownership of goods is passed from non-residents to residents. This applies irrespective of corresponding physical movements of goods across frontiers. An enterprise or institution is considered residential after it has been active in the Netherlands for at least one year. This applies irrespective of the question whether the enterprise or institute has foreign owners.
- Total
- Imports of goods
- Transactions in goods (sales, barter and gifts) from non-residents to residents (in the Netherlands). Imports of goods occurs when economic ownership of goods is passed from non-residents to residents. This applies irrespective of corresponding physical movements of goods across frontiers. An enterprise or institution is considered residential after it has been active in the Netherlands for at least one year. This applies irrespective of the question whether the enterprise or institute has foreign owners. Part of the imports are raw materials, semi-finished products, fuel and fixed assets. Furthermore, imports of goods may be re-exports: goods that were imported before being exported, after having received at most minor adaptations.
- Imports of services
- Transactions in services (sales, barter and gifts) from non-residents to residents (in the Netherlands). Imports of services applies among others to expenses made by Dutch companies abroad, like costs of transportation, banking costs and business travels. Imports by services are also made by the Dutch general government, among others by means of expenses made by Dutch embassies and consulates. Imports of services by households consist among others of imports of consumer goods and the direct consumptive expenditure by Dutch residents abroad.
- 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.
- Exports of goods and services
- Transactions in goods and services (sales, barter and gifts) from residents (in the Netherlands) to non-residents. Exports of goods occurs when economic ownership of goods is passed from residents to non-residents. This applies irrespective of corresponding physical movements of goods across frontiers. An enterprise or institution is considered residential after it has been active in the Netherlands for at least one year. This applies irrespective of the question whether the enterprise or institute has foreign owners.
- Total
- Exports of goods
- Transactions in goods (sales, barter and gifts) from residents (in the Netherlands) to non-residents. Exports of goods occurs when economic ownership of goods is passed from residents to non-residents. This applies irrespective of corresponding physical movements of goods across frontiers. An enterprise or institution is considered residential after it has been active in the Netherlands for at least one year. This applies irrespective of the question whether the enterprise or institute has foreign owners. Part of the exports of goods are re-exports: goods that were imported before being exported, after having received at most minor adaptations.
- Exports of services
- Transactions in services (sales, barter and gifts) from residents (in the Netherlands) to non-residents. Exports of goods occurs when economic ownership of goods is passed from residents to non-residents. Exports of services include among others the following cases: transportation by resident carriers abroad, harbor services and ship maintenance to non-residents, works performed abroad by resident contractors. Expenses made in the Netherlands by foreign tourists, diplomats and cross-border workers.
- 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.- A-F Agriculture and industry
- This category is made up of the categories:
A Agriculture, forestry and fishing
B Mining and quarrying
C Manufacturing
D Electricity, gas, steam and air conditioning supply
E Water supply; sewerage, waste management and remediation activities
F Construction- Total
- A Agriculture, forestry and fishing
- Agriculture, forestry and fishing
- B-E Industry (no construction), energy
- This category is made up of the categories:
B Mining and quarrying
C Manufacturing
D Electricity, gas, steam and air conditioning supply
E Water supply; sewerage, waste management and remediation activities- B Mining and quarrying
- Mining and quarrying
- C Manufacturing
- Manufacturing
- 10-12 Manufacture of food and beverages
- Manufacture of food products, beverages and tobacco
This category is made up of the categories:
10 Manufacture of food products
11 Manufacture of beverages
12 Manufacture of tobacco products
- 19 Manufacture of coke and petroleum
- Manufacture of coke and refined petroleum products
- 20-21 Chemistry and pharmaceuticals
- Manufacture of chemicals and pharmaceuticals
This category is made up of the categories:
20 Manufacture of chemicals and chemical products
21 Manufacture of basic pharmaceutical products and pharmaceutical preparations
- 22-23 Man. plastics and constructionprod
- Manufacture of rubber and plastic products and of construction products
This category is made up of the categories:
22 Manufacture of rubber and plastic products
23 Manufacture of other non-metallic mineral products
- 24-25 Man. of basic metals and -products
- Manufacture of basic metals and fabricated metal products
This category is made up of the categories:
24 Manufacture of basic metals
25 Manufacture of fabricated metal products, except machinery and equipment
- 26-27 Electrical and electron. industry
- Manufacture of computers, electronic, optical and electrical products
This category is made up of the categories:
26 Manufacture of computers, electronic and optical products
27 Manufacture of electrical equipment
- 31-33 Other manufacturing and repair
- Manufacture of furniture and other products; repair and installation of machinery and equipment
This category is made up of the categories:
31 Manufacture of furniture
32 Manufacture of other products (rest)
33 Repair and installation of machinery and equipment
- F Construction
- Construction