Growth accounts; national accounts

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 2018 and 2019 are provisional.

Changes as of September 2020:
Figures for the year 2019 have been added.
The values in million euro of production, intermediate consumption, energy, materials, services and total input KLEMS have been added for reporting year 2015.

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).