GDP, output and expenditures; changes, Quarterly National Accounts

GDP, output and expenditures; changes, Quarterly National Accounts

Type of data Periods Production approach to GDP Value added basic prices A-F Agriculture and industry B-E Industry (no construction), energy C Manufacturing 16-18 Man. wood en paperprod., printing (%) Production approach to GDP Value added basic prices A-F Agriculture and industry B-E Industry (no construction), energy E Water supply and waste management (%) Additional details Exports by groups of products Wood and paper products, and printing (%) Additional details Imports by groups of products Wood and paper products, and printing (%)
Volume, on corresponding period (y/y) 2022 2nd quarter* 3.0 -2.1 0.0 0.4
Volume, on previous period (q/q) 2022 2nd quarter* . 1.9 . .
Value, on corresponding period (y/y) 2022 2nd quarter* 18.6 17.5 26.1 31.4
Value, on previous period (q/q) 2022 2nd quarter* . 4.3 . .
Price, on corresponding period (y/y) 2022 2nd quarter* 15.1 20.1 26.1 30.9
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.

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

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
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
C Manufacturing
Manufacturing
16-18 Man. wood en paperprod., printing
Manufacturing of wood and paper and of products of wood and paper; printing
This category is made up of the categories:
16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
17 Manufacture of paper and paper products
18 Printing and reproduction of recorded media
E Water supply and waste management
Water supply; sewerage, waste management and remediation activities
Additional details
The additional details of some variables in the previous parts of this table are being given in this section.
Exports by groups of products
Exports by groups of products in according to standard products classification CPA 2008.
Wood and paper products, and printing
Wood and paper products, and printing services
Imports by groups of products
Imports by groups of products in according to standard products classification CPA 2008.
Wood and paper products, and printing
Wood and paper products, and printing services