Growth accounts; national accounts

Growth accounts; national accounts

Sector/branches (SIC 2008) Periods Growth accounts Based on value added Value added (% volume change) Growth accounts Based on value added Contribution of labour (percentage point) Growth accounts Based on value added Contribution of hours worked (percentage point) Growth accounts Based on value added Contribution of labour composition (percentage point) Growth accounts Based on value added Contribution of capital (percentage point) Growth accounts Based on value added Contribution of ICT capital (percentage point) Growth accounts Based on value added Contribution of non ICT capital (percentage point) Growth accounts Based on value added Contribution of mfp (percentage point)
A-U Market sector (excl L,O,P,T) 2021* 6.1 2.7 2.5 0.2 0.3 0.2 0.1 3.0
A Agriculture, forestry and fishing 2021* 2.4 1.1 0.4 0.7 0.7 0.1 0.6 0.6
B Mining and quarrying 2021* -17.0 -1.0 -1.1 0.1 -3.4 -0.1 -3.3 -12.6
C Manufacturing 2021* 6.9 2.0 1.4 0.5 0.2 0.1 0.1 4.7
10-12 Manufacture of food and beverages 2021* 1.9 0.9 0.1 0.8 0.2 0.2 0.0 0.8
13-15 Man. of textile-, leatherproducts 2021* 3.3 0.9 1.0 -0.1 -0.4 0.2 -0.6 2.8
16-18 Man. wood en paperprod., printing 2021* 4.4 2.9 2.6 0.3 -0.4 0.1 -0.5 1.9
19 Manufacture of coke and petroleum 2021* 10.2 -1.1 -1.1 0.1 1.8 0.0 1.8 9.5
20 Manufacture of chemicals 2021* 1.9 0.4 0.1 0.3 -0.4 0.0 -0.5 1.9
21 Manufacture of pharmaceuticals 2021* 8.7 4.4 4.4 0.0 -0.7 0.2 -0.9 5.0
22-23 Man. plastics and constructionprod 2021* 7.4 2.7 2.9 -0.2 0.2 0.1 0.1 4.5
24-25 Man. of basic metals and -products 2021* 9.7 0.1 0.0 0.1 0.1 0.1 0.0 9.4
26 Manufacture of electronic products 2021* 12.2 1.6 1.1 0.5 1.3 -0.1 1.4 9.3
27 Manufacture of electric equipment 2021* 10.5 0.7 1.4 -0.7 0.8 0.5 0.3 9.0
28 Manufacture of machinery n.e.c. 2021* 17.4 7.5 6.6 0.8 0.8 0.2 0.7 9.1
29-30 Transport equipment 2021* -0.1 6.9 5.4 1.4 -0.7 0.1 -0.8 -6.4
31-33 Other manufacturing and repair 2021* 1.9 -1.0 -0.9 -0.2 0.0 0.1 -0.1 3.0
D Energy supply 2021* 6.3 0.8 1.2 -0.3 2.9 -0.3 3.2 2.6
E Water supply and waste management 2021* 0.4 1.6 1.6 0.0 0.4 0.2 0.2 -1.7
F Construction 2021* 2.1 3.5 3.2 0.3 0.1 0.1 0.0 -1.6
G-I Trade, transport, hotels, catering 2021* 8.2 3.2 3.1 0.2 0.3 0.2 0.1 4.7
G Wholesale and retail trade 2021* 5.2 2.6 2.0 0.6 0.5 0.2 0.2 2.2
H Transportation and storage 2021* 14.1 4.0 3.8 0.1 -0.2 0.1 -0.4 10.3
I Accommodation and food serving 2021* 22.0 5.6 7.0 -1.3 0.0 0.0 0.0 16.3
J Information and communication 2021* 7.1 3.1 2.8 0.2 0.4 0.2 0.1 3.7
58-60 Publishing, movie, radio and TV 2021* 5.1 1.2 0.7 0.5 -0.3 -0.1 -0.2 4.3
61 Telecommunications 2021* 3.2 0.1 -0.1 0.2 -0.3 0.2 -0.5 3.5
62-63 IT- and information services 2021* 8.7 4.4 4.2 0.2 0.7 0.3 0.4 3.6
K Financial institutions 2021* -0.7 2.1 2.0 0.1 0.9 0.6 0.3 -3.7
L Renting, buying, selling real estate 2021* . . . . . . . .
M-N Business services 2021* 7.1 2.6 2.8 -0.2 0.6 0.4 0.2 3.9
69-71 Management, technical consultancy 2021* 5.0 1.4 1.3 0.1 0.3 0.1 0.1 3.4
72 Research and development 2021* 7.1 8.1 8.1 0.1 -0.5 0.8 -1.3 -0.5
73-75 Advertising, design and other 2021* 13.8 2.5 1.4 1.1 0.0 0.0 0.0 11.3
N Renting and other business support 2021* 8.4 3.4 3.4 0.0 1.1 0.7 0.4 3.9
O Public administration and services 2021* . . . . . . . .
P Education 2021* . . . . . . . .
Q Health and social work activities 2021* 9.5 3.4 3.4 0.0 0.0 0.1 -0.1 6.1
86 Human health activities 2021* 11.7 2.5 2.6 -0.1 0.0 0.2 -0.2 9.2
87-88 Care and social work 2021* 7.2 4.3 3.9 0.5 0.1 0.1 0.0 2.8
R-U Culture, recreation, other services 2021* -5.0 2.1 0.9 1.1 -0.1 0.0 -0.1 -6.9
R Culture, sports and recreation 2021* -20.4 4.5 2.2 2.3 -0.3 0.1 -0.4 -24.6
S Other service activities 2021* 5.2 0.5 -0.1 0.5 0.0 -0.1 0.1 4.8
T Activities of households 2021* . . . . . . . .
Source: CBS.
Explanation of symbols

Table description


This table presents the outcomes of the Dutch growth accounts. The growth accounts show the contributions of the different production factors to the economic growth. This helps to determine which part of production growth is explained by a change in input of capital (K), labour (L), energy (E), materials (M) or services (S).
The results of the growth accounts also show the contribution of multi-factor productivity. This is the part of economic growth that cannot be attributed to one of the production factors. Disaggregated data, labour and capital productivity are also published in this table. The data on consolidated production and consumption are not available for the years 1995-2014. This is due to the lack of an input-output table with volume changes for these reporting years.

Data available from: 1995.

Status of the figures:
Data for the reporting years 2020 and 2021 are provisional.

Changes as of 22 September 2022:
Figures for the year 2019 and 2020 have been updated. New figures have been added for the year 2021.

Statistics Netherlands has carried out a revision of the national accounts recently. New statistical sources and estimation methods have been used during the revision. This table provides the data after revision. For further information see section 3.

When will new figures be published?
Provisional data are published around 9 months after the end of the reporting year. Final data are released 33 months after the end of the reporting year.

Description topics

Growth accounts
The volume change of the consolidated production or value added is attributed to the different production factors and to multi-factor productivity.
Based on value added
The volume change of the value added is attributed to the different production factors and to multi-factor productivity. The contributions are measured in percentage points. The contributions of capital, labour, and multi-factor productivity together add up to the volume change of value added.
Value added
Gewaardeerd tegen basisprijzen per bedrijfsklasse gelijk aan het verschil tussen de productie (basisprijzen) en het intermediair verbruik (aankoopprijzen).
Contribution of labour
The part of volume change of value added caused by a change in input of labour.
Contribution of hours worked
The part of volume change of value added caused by the change in hours worked. This variable is part of the contribution of labour.
Contribution of labour composition
The part of volume change of value added caused by the change in background characteristics of labour. These characteristics are sex, age, level of education, branch/industry and covered by a collective agreement. This variable is part of the contribution of labour.
Contribution of capital
The part of volume change of value added caused by a change in input of capital.
Contribution of ICT capital
The part of volume change of value added caused by a change in input of ICT capital. The ICT category consists of computers, communications equipment and software and databases.
Contribution of non ICT capital
The part of volume change of value added caused by a change in input of capital other than the ICT category. This aggregate also includes net taxes and subsidies on capital.
Contribution of mfp
The part of volume change of value added caused by a change in the production process. The contribution of multi-factor productivity is seen as the part of output growth that cannot be explained by the growth of inputs. A few explanations for this change are: technological progress, economies of scale, capacity utilisation and incidental factors such as weather conditions (for example in agriculture).