GDP, output and expenditures; changes, Quarterly National Accounts
| Type of data | Periods | Income approach to GDP Net domestic product market prices (%) |
|---|---|---|
| Volume, on corresponding period (y/y) | 2024 3rd quarter* | 1.6 |
| Volume, on previous period (q/q) | 2024 3rd quarter* | . |
| Value, on corresponding period (y/y) | 2024 3rd quarter* | 6.3 |
| Value, on previous period (q/q) | 2024 3rd quarter* | . |
| Price, on corresponding period (y/y) | 2024 3rd quarter* | 4.5 |
| 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 1995-2022 are final. Quarterly data from 2022 are provisional.
Changes as of November 14th 2024:
Data of the preliminary estimate of 2024q3 have been added to this table.
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.
- 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.