Netherlands NL: Gross Domestic Product (GDP): Current PPP
Netherlands NL: Gross Domestic Product (GDP): Current PPP data was reported at 1,398.445 USD bn in 2023. This records an increase from the previous number of 1,319.462 USD bn for 2022. Netherlands NL: Gross Domestic Product (GDP): Current PPP data is updated yearly, averaging 554.119 USD bn from Dec 1981 (Median) to 2023, with 43 observations. The data reached an all-time high of 1,398.445 USD bn in 2023 and a record low of 165.710 USD bn in 1981. Netherlands NL: Gross Domestic Product (GDP): Current PPP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Netherlands – Table NL.OECD.MSTI: Gross Domestic Product, GDP PPP and GDP Deflator: OECD Member: Annual.
In the Netherlands, beginning with the 2013 data, the following methodological improvements led to breaks in series in the business sector (increase), the government sector (decrease), and at the total economy level (increase): better collection and treatment methods for measuring and reporting R&D expenditures related to external R&D personnel (alignment with the 2015 Frascati Manual); reclassification from the government to the business sector of public corporations engaged in market production; and a better follow-up of non-respondents. In 2012, the method for sampling enterprises included in ISIC industries 84 to 99 (community, social, and personal services) as well as the breakdown of personnel data by occupation were modified leading to breaks in series in the business and government sectors. In 2011, the method for producing business enterprise data changed: all observed enterprises are included whereas before 2011, only enterprises with substantial R&D activities (i.e. with a minimum number of R&D personnel) were incorporated. Subsequent changes affected the higher education sector: before 1999, a large number of PhD candidates were formally employed by research institutes (in the government sector) financing their research. From 1999, universities became the formal employer of PhD candidates and their research activities moved from the Government sector to the Higher Education sector. Besides this, the R&D activities of the Universities of Applied Sciences (HBO) were taken into account for the first time. Finally the R&D activities of the Academic hospitals were increasingly underestimated due to the merging of the Academic hospitals and (parts) of the Faculties of Medicine of the universities into so-called University Medical Centers (UMC's). This started in 1998 and meant for instance that staff of the Faculty of Medicine of the university became employees of the UMC. As a result, data on R&D in the field of medical sciences were also revised. As of 2000, newly-recruited researchers on the payroll of the Netherlands Organisation for Scientific Research (NOW), previously included in the Government sector, were included with personnel in the higher education sector. In 1982 and 1990, the methodology of the survey on R&D expenditure changed.
In 2003, Statistics Netherlands revised the panel of the R&D survey for the Government and PNP sectors, resulting in breaks in series for both. Also beginning in 2003, R&D personnel in the PNP sector are grouped with Government sector R&D personnel.
In 1994 and 1996 there were major expansions of the scope of the Business Enterprise sector survey; R&D expenditure and personnel data in the latter sector and in the whole economy are thus not comparable with those for the previous years.
In 1990 and 1999, new methods for calculating GUF are introduced for GBARD series.
View Netherlands's Netherlands NL: Gross Domestic Product (GDP): Current PPP from 1981 to 2023 in the chart:
What was Netherlands's Netherlands NL: Gross Domestic Product (GDP): Current PPP in 2023?
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
1,398,445.313 2023 | 1,319,462.342 2022 | 165,710.417 1981 | 1,398,445.313 2023 | USD mn | yearly | 1981 - 2023 |
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National Accounts | Last | Frequency | Range |
---|---|---|---|
Forecast: GDP PPP Per Capita (PPP Intl $) | 82,280.920 2027 | yearly | 1980 - 2027 |
Forecast: Nominal GDP Per Capita (USD) | 79,813.375 2029 | yearly | 1980 - 2029 |
Forecast: Real GDP Growth (%) | 1.539 2027 | yearly | 1981 - 2027 |
GDP Deflator Growth (%) | 7.2 Mar 2023 | quarterly | Mar 1997 - Mar 2023 |
GDP per Capita (USD) | 57,578.343 2021 | yearly | 1960 - 2021 |
Gross Fixed Capital Formation (USD mn) | 62,161.583 Dec 2024 | quarterly | Mar 1988 - Dec 2024 |
Gross National Product (GNP) (USD mn) | 305,007.679 Sep 2024 | quarterly | Mar 1988 - Sep 2024 |
Gross Savings Rate (%) | 28.9 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Investment: % of GDP (%) | 18.1 Dec 2024 | quarterly | Mar 1987 - Dec 2024 |
Nominal GDP (USD mn) | 272,109.1 Mar 2023 | quarterly | Mar 1988 - Mar 2023 |
Nominal GDP Growth (%) | 6.420 Dec 2024 | quarterly | Mar 1989 - Dec 2024 |
Private Consumption Expenditure (USD mn) | 132,074.975 Dec 2024 | quarterly | Mar 1988 - Dec 2024 |
Private Consumption: % of GDP (%) | 42.0 Dec 2024 | quarterly | Mar 1977 - Dec 2024 |
Public Consumption Expenditure (USD mn) | 78,875.090 Dec 2024 | quarterly | Mar 1988 - Dec 2024 |
Public Consumption: % of GDP (%) | 24.3 Mar 2023 | quarterly | Mar 1977 - Mar 2023 |
Real GDP Growth (%) | 2.1 Mar 2023 | quarterly | Mar 1997 - Mar 2023 |
Total Trade of Goods & Services: % of Nominal GDP (%) | 154.465 Dec 2024 | quarterly | Mar 1987 - Dec 2024 |
Production | Last | Frequency | Range |
---|---|---|---|
Industrial Production Index Growth (%) | -12.4 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
Minerals Production (Metric Ton) | 19,862,192.000 2022 | yearly | 2009 - 2022 |
Motor Vehicle Production (Unit) | 123,379.000 2023 | yearly | 1997 - 2023 |
Sales, Orders, Inventory & Shipments | Last | Frequency | Range |
---|---|---|---|
New Orders Growth (%) | -2.0 Dec 2022 | monthly | Feb 1990 - Dec 2022 |
Construction and Properties | Last | Frequency | Range |
---|---|---|---|
Building Permits (Unit) | 1,532.000 Dec 2024 | monthly | Jan 2012 - Dec 2024 |
House Prices Growth (%) | 11.5 Jan 2025 | monthly | Jan 1996 - Jan 2025 |
Nominal Residential Property Price Index (2010=100) | 180.981 Sep 2024 | quarterly | Mar 1970 - Sep 2024 |
Nominal Residential Property Price Index Growth (%) | 10.326 Sep 2024 | quarterly | Mar 1971 - Sep 2024 |
Real Residential Property Price Index (2010=100) | 125.680 Sep 2024 | quarterly | Mar 1970 - Sep 2024 |
Real Residential Property Price Index Growth (%) | 6.512 Sep 2024 | quarterly | Mar 1971 - Sep 2024 |
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -0.1 Mar 2023 | quarterly | Dec 1999 - Mar 2023 |
Forecast: Government Expenditure (EUR bn) | 615.768 2029 | yearly | 1980 - 2029 |
Forecast: Government Net Debt (EUR bn) | 660.921 2029 | yearly | 1980 - 2029 |
Forecast: Government Revenue (EUR bn) | 577.372 2029 | yearly | 1980 - 2029 |
Government Debt: % of GDP (%) | 43.2 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
National Government Debt (USD mn) | 508,992.1 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
Tax Revenue (USD mn) | 82,398.457 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Consolidated Fiscal Balance (USD mn) | 5,295.575 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Tax Revenue: % of GDP (%) | 26.6 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
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