Gdp netherlands

The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. GDP (official exchange rate): This entry gives the gross domestic product ( GDP ) or value of all final goods and services produced within a nation in a given year. USD bn in the previous quarter. Economic growth was stable in the third quarter, and the Dutch economy consequently grew at twice the speed of the Euro area average. GDP refers to the total market value of all goods and services that are.

Domestic demand drove the economic expansion in the quarter, buttressed by public consumption and stock building. A second reading of national accounts data saw growth in the second quarter revised slightly downwards from 0. World Bank national accounts data, and OECD National Accounts data files. But real wage and productivity growth have been slow, possibly exacerbated by the increasing share of short-term labor contracts. Netherlands real GDP growth was at level of 2. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products.

FRED: Downloa graph, and track economic data. Gross Domestic Product. The description is composed by our digital data assistant.

For Exports, FDI and GDP measures, a higher rank (closer to 1) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to ) indicates a stronger economy. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. According to the second estimate, GDP was 3. In the first estimate, it was up by 3. It has many industries and agriculture on a very high level of productivity. Nominal GDP is useful for large-scope GDP comparison, either for a country or region, or on an international scale.

The nominal GDP of an area is determined using up-to-date market prices and shifts according to inflation. By incorporating an area’s inflation rate in the GDP calculation, nominal GDP can indicate when prices rise in an economy. As such, it also measures the income earned from that production, or the total amount spent on final goods and services (less imports). The gross domestic product ( GDP ) per capita is the national output, divided by the population, expressed in U. S dollars per person, for the latest year for which data is published. GDP per capita on Saba and Bonaire amounted to 29and 27US dollars, respectively.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about The. Dutch economic growth beat the eurozone average by some margin as it came in at 0. QoQ in the second quarter. The economy is in the midst of a strong expansion. Improved global economic developments have led to solid export growth.

In turn, high domestic and external demand and still favourable financial conditions have stimulated private investment. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. The current economic expansion should be used to speed up reforms to ensure future stability.

This section describes the value added of industry and services. Roman Empire was first coming to power, varied Northern European tribes had settled in, including the Celts, Frisians and Saxons. Today, the country has a nominal GDP of $912.

To gather the same growth rate that the industry sector enjoyed for long, the state is looking at more privatization and FDI. Budget Deficit, and the cost of the Vietnam War. GDP and employed of the 8. However, underlying economic growth remains on track. At the moment, the level of development is high.

Bureau of Economic Analysis. Map This map is an approximation of actual country borders. China is the largest contributor of increment in global GDP. United States is second largest contributer with $0billion. See List of countries by GDP (PPP) per capita.

In PPP, no economy in top ten in both ranking.