GDP, output and expenditures; value, Quarterly National Accounts
| Type of data | Periods | Income approach to GDP Compensation of employees (million euros) |
|---|---|---|
| Prices of 2021 | 2024 1st quarter* | . |
| Prices of 2021 seasonally adjusted | 2024 1st quarter* | . |
| Current prices | 2024 1st quarter* | 121,994 |
| Current prices, seasonally adjusted | 2024 1st quarter* | 127,864 |
| Source: CBS. | ||
Table explanation
This table provides data from Quarterly National Accounts (QNA) of Statistics The Netherlands. It contains 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 1995-2022 are final. Quarterly data from 2022 are provisional.
Adjustment as of July 12th 2024:
Data of gross fixed capital formation by type of capital good and by destination in the period 1995-2021 are adjusted due to an error in the original calculation.
When will new figures be published?
The preliminary estimate (flash estimate) of a quarter is released within 45 days. The second estimate is published after 85 days. At the second estimate of the fourth quarter, data of the previous three quarters will also be revised. If (new) annual figures become available in June, the quarterly figures will be revised again to bring them in line with the annual figures. Please note that there is a possibility that adjustments might take place at the end of March or September, in order to provide the European Commission with the latest figures.
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.
- Compensation of employees
- The compensation of employees is the total remuneration, in cash or in kind, payable by an employer to an employee in return for work done by the latter during an accounting period. The compensation of employees is equal to the sum of wages and salaries and employers' social contributions.