GDP, output and expenditures; changes, QNA, 1995- Q1 2024
| Type of data | Periods | Income approach to GDP Net domestic product market prices (%) |
|---|---|---|
| Volume, on corresponding period (y/y) | 2024 1st quarter* | -1.1 |
| Volume, on previous period (q/q) | 2024 1st quarter* | . |
| Value, on corresponding period (y/y) | 2024 1st quarter* | 6.4 |
| Value, on previous period (q/q) | 2024 1st quarter* | . |
| Price, on corresponding period (y/y) | 2024 1st quarter* | 7.6 |
| Source: CBS. | ||
Table explanation
This table provides quarterly and annual data on production, expenditures, income and external economic transactions of The Netherlands.
Data available from 1995.
Status of the figures:
Annual data of the period 1995-2021 are final. Quarterly data from 2021 are provisional. Since this table has been discontinued, provisional data will not become final.
Changes as of June 24th 2024:
None. This table has been discontinued.
Statistics Netherlands has carried out a revision of the national accounts. The Dutch national accounts are recently revised. New statistical sources, methods and concepts are implemented in the national accounts, in order to align the picture of the Dutch economy with all underlying source data and international guidelines for the compilation of the national accounts.
This table contains revised data. For further information see section 3.
When will new figures be published?
Not applicable anymore.
Description topics
- Income approach to GDP
- The way GDP is formed by underlying components in the so-called income approach. In this approach the components are the incomes generated from production activities: compensation of employees and operating surplus / mixed income. To remain consistent with GDP at market prices, taxes less subsidies on production and imports (not necessarily product-related) are added.
- Net domestic product market prices
- Gross domestic product (GDP) is a quantity that expresses the size of an economy. The volume change of GDP during a reference period expresses the growth or shrinkage of the economy. Gross domestic product at market prices is the final result of the production activity of resident producer units. It can be defined in three ways:
- production approach: GDP is the sum of gross value added of the various institutional sectors or the various industries plus taxes and less subsidies on products (which are not allocated to sectors and industries). It is also the balancing item in the total economy production account;
- expenditure approach: GDP is the sum of final uses of goods and services by resident institutional units (final consumption and gross capital formation), plus exports and minus imports of goods and services;
- income approach: GDP is the sum of uses in the total economy generation of income account (compensation of employees, taxes on production and imports less subsidies, gross operating surplus and mixed income of the total economy).
Net domestic product at market prices (NDP) can be obtained by deducting consumption of fixed capital from GDP.