First estimateThe first estimate - 45 days after the end of a quarter - is based on data available at that moment. Subsequently, more new information about the state of the Dutch economy is continually pouring in. In absolute terms, the adjustment of the second estimate relative to the first estimate averaged 0.1 percentage points over the past half decade, with the two extremes ranging between - 0.3 and + 0.4 percentage points.
Q2 and Q3 marginally adjustedWith each new estimate, CBS also recalculates the seasonally adjusted series of previously published quarters. In Q4 the first three quarters are also recalculated on the basis of the most recent data. The growth figures for Q2 and Q3 2015 have been adjusted upwards by 0.1 percent; both from 0.1 to 0.2 percent.
Growth relative to Q4 2014The Dutch economy grew 1.6 percent in Q4 2015 compared to Q4 2014. According to the first estimate, the growth rate was also 1.6 percent.
Dutch economy grew 2.0 percent in 2015The second estimate shows that economic growth over the entire year 2015 was 2.0 percent, i.e. 0.1 percentage points more than according to the first estimate. Government expenditure was adjusted upwards. As stated earlier, natural gas production was downscaled, which slowed down economic growth in 2015 by approximately 0.4 percentage points.
60 thousand new jobsThe second estimate shows that the number of both employee and self-employed jobs increased by 60 thousand in Q4 2015 compared to Q3. According to the first estimate, the increase was 48 thousand. Employment figures have been adjusted on the basis of additional information.
According to the second estimate, the number of employee and self-employed jobs rose by 117 thousand in Q4 2015 relative to Q4 2014. The growth figure presented in the first estimate was 101 thousand.