GDP growth 0.5 percent in Q4 2016

© Hollandse Hoogte
Gross domestic product (GDP) in the Netherlands rose by 0.5 percent in Q4 2016 relative to the previous quarter, according to Statistics Netherlands (CBS). The rise can mainly be attributed to growing exports and household consumption. The growth percentage is based on the first estimate of GDP with currently available data. GDP is a measure for the size of a country’s economy.

GDP has shown growth for 11 quarters on end. With the data on Q4, the annual growth rate over 2016 has become available. Last year, GDP rose by 2.1 percent.

GDP
GDP
 % changeindex
2009 I-4.296.1
2009 II-4.995.9
2009 III-3.796.2
2009 IV-2.396.7
2010 I0.196.6
2010 II1.897.2
2010 III1.697.5
2010 IV2.198.7
2011 I399.4
2011 II2.299.3
2011 III1.699.3
2011 IV0.198.6
2012 I-1.298.4
2012 II-0.698.5
2012 III-1.398.1
2012 IV-1.197.3
2013 I-1.497.7
2013 II-197.5
2013 III098.1
2013 IV1.698.7
2014 I0.698.5
2014 II1.699
2014 III1.699.4
2014 IV1.9100.5
2015 I2.6101.1
2015 II1.9101.1
2015 III2101.3
2015 IV1.4101.6
2015 I1.5102.3
2015 II2.3103.1
2015 III2.4103.9
2015 IV2.3104.4

GDP increase 2.3 percent relative to Q4 2015

According to the first estimate, GDP in Q4 2016 improved by 2.3 percent relative to Q4 2015. Higher household consumption are exports are the main contributors, while investments in fixed assets declined.

Expenditure, 2016-IV
Expenditure, 2016-IV
 % change
GDP2.3
Imports2
Exports3.2
Household consumption2.6
Government consumption1.2
Fixed capital formation-1.6

Sources

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