National Accounts; approaches of domestic product (GDP); 1969 - 2012
Explanation of symbols
Table explanation
In the national accounts gross domestic product is approached from three points of view: from the output, from the generation of income and from the final expenditure. Gross domestic product is a main macroeconomic indicator. The volume change of gross domestic product is a measure for the economis growth of a country.
This table presents annual data on the output components, the final expenditure categories and the income components of gross domestic product of the Netherlands.
The above mentioned macroeconomic variables are presented in:
- Value at current prices, mln euro
- Value at prices of 2005, mln euro
- Volume changes on to previous year, %
- Price indices 2005 = 100
Data available from 1969 to 2012
Status of the figures:
The figures concerning 2011,2012 are (revised) provisional. Because this table is discontinued, figures will not be updated anymore.
Changes as of June 25th 2014:
None, this table is discontinued.
When will new figures be published?
Not applicable anymore. This table is replaced by table National Accounts; approaches of domestic product (GDP). See paragraph 3.
Description topics
- GDP from the final expenditure
- The approach of GDP from the final expenditure (final consumption
expenditure, fixed capital formation (gross), changes in inventories,
exports and imports).- Value at current prices
- The amounts are expressed at prices of the reporting year concerned.
- National final expenditure
- The total of final consumption expenditure, fixed capital formation (gross) and changes in inventories.
- Final consumption expenditure
- Final consumption expenditure consists of expenditure incurred by resident institutional units on goods and services that are used for the direct satisfaction of individual needs or wants or the collective needs of members of the community.
Final consumption expenditure may take place on the domestic territory or abroad. Final consumption expenditure exists only for households, non-profit institutions serving households and general government.- Total
- Final consumption expenditure consists of expenditure incurred by resident institutional units on goods and services that are used for the direct satisfaction of individual needs or wants or the collective needs of members of the community.
Final consumption expenditure may take place on the domestic territory or abroad. Final consumption expenditure exists only for households, non-profit institutions serving households and general government.
- Households
- Final consumption expenditure by households including non-profit institutions serving households (NPISH).
- General government
- Final consumption expenditure by the sector general government.
- Gross fixed capital formation
- Expenditure for produced tangible or intangible assets that are used in the production process for more than one year, such as buildings, dwellings, machinery, transport equipment and the like.
Fixed capital formation also includes:
- work in progress of construction such as unfinished dwellings, non-residential buildings and civil engineering works are recorded as fixed capital formation of the client;
- military structures and equipment, similar to those used by civilian producers, such as airfields and hospitals;
- improvements to existing fixed assets that go well beyond the requirements of ordinary maintenance and repairs;
- transfer costs of fixed assets, such as conveyance fees and costs made by real estate agents, architects and notaries.- Total
- Expenditure for produced tangible or intangible assets that are used in the production process for more than one year, such as buildings, dwellings, machinery, transport equipment and the like.
Fixed capital formation also includes:
- work in progress of construction such as unfinished dwellings, non-residential buildings and civil engineering works are recorded as fixed capital formation of the client;
- military structures and equipment, similar to those used by civilian producers, such as airfields and hospitals;
- improvements to existing fixed assets that go well beyond the requirements of ordinary maintenance and repairs;
- transfer costs of fixed assets, such as conveyance fees and costs made by real estate agents, architects and notaries.
- Corporations and households
- Gross fixed capital formation by corporations, households including non-profit institutions serving households (NPISH).
- General government
- Gross fixed capital formation by the sector general government.
- Changes in inventories
- Inventories consist of all raw materials, semi-manufactured goods, work in progress and final products, that producers have in stock at a certain moment.
Changes in work in progress are in general considered to be changes in inventories. However, work in progress in construction is seen as fixed capital formation of the client and not as changes in inventories of the construction industry. This concerns unfinished buildings and civil engineering works. Increases in inventories occur when goods are produced (or purchased) but not yet sold (or used) in the year under review. Decreases in inventories occur when goods are withdrawn from existing inventories in order to be sold or used in the production process.
The assessment of the changes in inventories is done in such way that gains or losses on inventories caused by price changes are avoided. With this objective the initial and final stock of each good is valued at the same price, namely raw materials at the average purchase price in the period, final products at average sales price and work in progress at the average cost price.
This valuation method prevents output and subsequently value added from being influenced by changes in prices of stocks during the period under review.
- Exports of goods and services
- Exports of goods are goods, which have been exported by residents from the Dutch economic territory to the rest of the world. The exports of services include the services of Dutch transport enterprises abroad, harbour services, ships repair services and engineering of works by Dutch contractors abroad. Also included in the exports of services are expenditures by foreign tourists, inhabitants of the border area and diplomats in the Netherlands.
- Total
- Exports of goods are goods, which have been exported by residents from the Dutch economic territory to the rest of the world. The exports of services include the services of Dutch transport enterprises abroad, harbour services, ships repair services and engineering of works by Dutch contractors abroad. Also included in the exports of services are expenditures by foreign tourists, inhabitants of the border area and diplomats in the Netherlands.
- Goods
- Exports of tangible products, such as food and beverages, durable consumer goods, machinery and the like.
- Services
- Exports of products that are not tangible, such as hotels and restaurants, trade, transport, health, government.
- Imports of goods and services (-)
- Imports of goods are goods intended for residents, which are imported from abroad into the Dutch economic territory. Included in imports of goods are raw materials, semi-manufactured products, fuels and final products. Also included are imported goods, which are re-exported without undergoing any processing.
Imports of services include among other things the expenditures abroad by Dutch tourists, inhabitants of the border area and diplomats.- Total
- Imports of goods are goods intended for residents, which are imported from abroad into the Dutch economic territory. Included in imports of goods are raw materials, semi-manufactured products, fuels and final products. Also included are imported goods, which are re-exported without undergoing any processing.
Imports of services include among other things the expenditures abroad by Dutch tourists, inhabitants of the border area and diplomats.
- Goods
- Imports of tangible products, such as food and beverages, durable consumer goods, machinery and the like.
- Services
- Imports of products that are not tangible, such as hotels and restaurants, trade, transport, health, government.
- Gross domestic product
- Domestic product (GDP) is the final result of the production activities of resident producer units. It is equal to the total value added at basic prices of industries, supplemented with some transactions which are not attributed to individual industries. The value added (basic prices) by industry is equal to the difference between output (basic prices) and intermediate consumption (purchasers' prices). The transactions which are not attributed to individual industries are the balance of taxes and subsidies on products and the difference between imputed and paid VAT (value added tax). Gross domestic product also equals the value of income generated in the Netherlands.
The volume change of GDP is the economic growth.
- Volume changes on previous year
- The weighted average of the changes in the quantity and quality of the components of a certain goods or service transaction or balancing item, annual percentage changes.
- National final expenditure
- The total of final consumption expenditure, fixed capital formation (gross) and changes in inventories.
- Final consumption expenditures
- Final consumption expenditure consists of expenditure incurred by resident institutional units on goods and services that are used for the direct satisfaction of individual needs or wants or the collective needs of members of the community.
Final consumption expenditure may take place on the domestic territory or abroad. Final consumption expenditure exists only for households, non-profit institutions serving households and general government.- Total
- Final consumption expenditure consists of expenditure incurred by resident institutional units on goods and services that are used for the direct satisfaction of individual needs or wants or the collective needs of members of the community.
Final consumption expenditure may take place on the domestic territory or abroad. Final consumption expenditure exists only for households, non-profit institutions serving households and general government.
- Households
- Final consumption expenditure by households including non-profit institutions serving households (NPISH).
- General government
- Final consumption expenditure by the sector general government.
- Gross fixed capital formation
- Expenditure for produced tangible or intangible assets that are used in the production process for more than one year, such as buildings, dwellings, machinery, transport equipment and the like.
Fixed capital formation also includes:
- work in progress of construction such as unfinished dwellings, non-residential buildings and civil engineering works are recorded as fixed capital formation of the client;
- military structures and equipment, similar to those used by civilian producers, such as airfields and hospitals;
- improvements to existing fixed assets that go well beyond the requirements of ordinary maintenance and repairs;
- transfer costs of fixed assets, such as conveyance fees and costs made by real estate agents, architects and notaries.- Total
- Expenditure for produced tangible or intangible assets that are used in the production process for more than one year, such as buildings, dwellings, machinery, transport equipment and the like.
Fixed capital formation also includes:
- work in progress of construction such as unfinished dwellings, non-residential buildings and civil engineering works are recorded as fixed capital formation of the client;
- military structures and equipment, similar to those used by civilian producers, such as airfields and hospitals;
- improvements to existing fixed assets that go well beyond the requirements of ordinary maintenance and repairs;
- transfer costs of fixed assets, such as conveyance fees and costs made by real estate agents, architects and notaries.
- Corporations and households
- Gross fixed capital formation by corporations, households including non-profit institutions serving households (NPISH).
- General government
- Gross fixed capital formation by the sector general government.
- Changes in inventories
- Inventories consist of all raw materials, semi-manufactured goods, work in progress and final products, that producers have in stock at a certain moment.
Changes in work in progress are in general considered to be changes in inventories. However, work in progress in construction is seen as fixed capital formation of the client and not as changes in inventories of the construction industry. This concerns unfinished buildings and civil engineering works. Increases in inventories occur when goods are produced (or purchased) but not yet sold (or used) in the year under review. Decreases in inventories occur when goods are withdrawn from existing inventories in order to be sold or used in the production process.
The assessment of the changes in inventories is done in such way that gains or losses on inventories caused by price changes are avoided. With this objective the initial and final stock of each good is valued at the same price, namely raw materials at the average purchase price in the period, final products at average sales price and work in progress at the average cost price.
This valuation method prevents output and subsequently value added from being influenced by changes in prices of stocks during the period under review.
- Exports of goods and services
- Exports of goods are goods, which have been exported by residents from the Dutch economic territory to the rest of the world. The exports of services include the services of Dutch transport enterprises abroad, harbour services, ships repair services and engineering of works by Dutch contractors abroad. Also included in the exports of services are expenditures by foreign tourists, inhabitants of the border area and diplomats in the Netherlands.
- Total
- Exports of goods are goods, which have been exported by residents from the Dutch economic territory to the rest of the world. The exports of services include the services of Dutch transport enterprises abroad, harbour services, ships repair services and engineering of works by Dutch contractors abroad. Also included in the exports of services are expenditures by foreign tourists, inhabitants of the border area and diplomats in the Netherlands.
- Imports of goods and services
- Imports of goods are goods intended for residents, which are imported from abroad into the Dutch economic territory. Included in imports of goods are raw materials, semi-manufactured products, fuels and final products. Also included are imported goods, which are re-exported without undergoing any processing.
Imports of services include among other things the expenditures abroad by Dutch tourists, inhabitants of the border area and diplomats.- Total
- Imports of goods are goods intended for residents, which are imported from abroad into the Dutch economic territory. Included in imports of goods are raw materials, semi-manufactured products, fuels and final products. Also included are imported goods, which are re-exported without undergoing any processing.
Imports of services include among other things the expenditures abroad by Dutch tourists, inhabitants of the border area and diplomats.
- Gross domestic product
- Domestic product (GDP) is the final result of the production activities of resident producer units. It is equal to the total value added at basic prices of industries, supplemented with some transactions which are not attributed to individual industries. The value added (basic prices) by industry is equal to the difference between output (basic prices) and intermediate consumption (purchasers' prices). The transactions which are not attributed to individual industries are the balance of taxes and subsidies on products and the difference between imputed and paid VAT (value added tax). Gross domestic product also equals the value of income generated in the Netherlands.
The volume change of GDP is the economic growth.