Netherlands GDP Annual Growth Rate

Last Release

Dec 31, 2024

Actual

1.8

Units In

1.7

Frequency

Quarterly

Next Release

Jun 24, 2025

Time to Release

1 Months 23 Days 14 Hours

Highest	Lowest	Average	Date Range	Source
10.4 Jun 2021	-9.2 Jun 2020	2.1 %	1989-2024	Statistics Netherlands

The Netherlands is the sixth-largest economy in the Euro Zone and important transportation hub in Europe. The Dutch economy depends heavily on foreign trade, with exports accounting for 83 percent of GDP and imports for 72 percent. Household consumption is the main component of GDP (45 percent) followed by government expenditure (26 percent), gross fixed capital formation (18 percent) and net trade (11 percent).

Latest Updates

The Dutch economy expanded by 2.0% year-on-year in Q1 2025, the most in two years, supported mainly by government consumption and a positive trade balance, preliminary data showed. Government spending rose 2.8%, while household consumption increased 0.6%. Investments were up 1.5% from a year earlier. Exports grew 0.9%, outpacing the 0.6% rise in imports, contributing positively to net trade. Among sectors, industry, government, and healthcare made the largest contributions to annual growth. On a quarterly basis, GDP rose 0.1% from Q4 2024, marking the fourth consecutive quarter of slowing growth.