Growth accounts; national accounts

Growth accounts; national accounts

Sector/branches (SIC 2008) Periods Growth accounts Based on value added Value added (% volume change) Growth accounts Based on value added Contribution of labour (percentage point) Growth accounts Based on value added Contribution of hours worked (percentage point) Growth accounts Based on value added Contribution of labour composition (percentage point) Growth accounts Based on value added Contribution of capital (percentage point) Growth accounts Based on value added Contribution of ICT capital (percentage point) Growth accounts Based on value added Contribution of non ICT capital (percentage point) Growth accounts Based on value added Contribution of mfp (percentage point) Labour productivity Based on value added Labour productivity change (%) (%) Labour productivity Based on value added Labour productivity (2015=100) (index 2015=100) Capital productivity Based on value added Capital productivity change (%) (%) Capital productivity Based on value added Capital productivity (2021=100) (2021=100) Value added Value added (mln euros) (mln euros) Value added Value added (2021=100) (volume-index 2021=100)
A-U Market sector (excl L,O,P,T) 2023* -0.2 1.1 0.9 0.2 -0.5 0.1 -0.6 -0.8 -1.4 100.6 1.9 107.8 769,292 106.1
A Agriculture, forestry and fishing 2023* -1.7 -0.2 -0.4 0.2 0.1 0.0 0.1 -1.6 -0.9 97.8 -1.8 97.2 18,390 97.5
B Mining and quarrying 2023* -30.2 0.2 0.2 0.0 -27.7 0.0 -27.6 -2.7 -32.1 56.4 -1.3 95.7 11,078 59.1
C Manufacturing 2023* -0.9 1.6 1.4 0.2 0.3 0.0 0.3 -2.8 -2.9 100.2 -1.7 102.9 115,740 103.9
10-12 Manufacture of food and beverages 2023* -2.0 2.1 2.1 0.0 0.1 0.0 0.2 -4.2 -4.8 95.3 -2.4 98.4 22,649 98.3
13-15 Man. of textile-, leatherproducts 2023* -8.4 -2.0 -1.7 -0.3 0.0 0.0 0.0 -6.4 -6.4 91.1 -8.4 88.5 1,392 88.0
16-18 Man. wood en paperprod., printing 2023* -4.4 0.5 0.2 0.2 -0.6 0.0 -0.5 -4.3 -4.7 99.0 -2.6 102.8 5,276 99.0
19 Manufacture of coke and petroleum 2023* 10.0 1.3 1.6 -0.2 -0.5 -0.1 -0.4 9.2 5.9 82.6 11.0 87.9 2,127 82.1
20 Manufacture of chemicals 2023* -16.9 2.2 2.3 -0.1 0.3 -0.1 0.4 -19.5 -20.1 75.1 -17.6 79.3 6,993 79.7
21 Manufacture of pharmaceuticals 2023* -4.5 3.5 4.4 -0.8 0.4 0.2 0.2 -8.4 -10.3 102.7 -5.7 109.4 8,747 111.9
22-23 Man. plastics and constructionprod 2023* -12.7 -0.8 -0.9 0.1 0.0 -0.1 0.1 -12.0 -11.7 85.4 -12.8 87.4 6,357 87.5
24-25 Man. of basic metals and -products 2023* -5.3 -0.1 -0.1 0.0 0.2 0.0 0.2 -5.4 -5.2 96.4 -6.1 94.5 11,934 96.6
26 Manufacture of electronic products 2023* -6.3 0.9 1.4 -0.5 0.2 -0.3 0.5 -7.3 -8.8 107.2 -6.6 109.9 7,559 110.5
27 Manufacture of electric equipment 2023* -4.6 2.6 2.5 0.1 -0.9 -0.4 -0.4 -6.3 -8.2 93.3 -2.3 107.0 3,821 101.7
28 Manufacture of machinery n.e.c. 2023* 14.4 4.0 3.7 0.3 1.5 0.1 1.5 8.8 8.3 112.8 9.5 113.2 24,030 123.1
29-30 Transport equipment 2023* 2.2 1.0 1.0 0.0 0.4 0.1 0.2 0.9 0.8 115.2 0.9 114.0 5,836 118.4
31-33 Other manufacturing and repair 2023* 2.2 0.7 0.9 -0.2 -0.2 0.0 -0.2 1.7 1.1 104.0 3.4 112.3 9,019 109.4
D Energy supply 2023* 1.5 2.6 2.5 0.1 3.3 -0.3 3.6 -4.4 -5.7 90.3 -3.2 93.1 19,469 102.2
E Water supply and waste management 2023* -2.4 0.6 0.5 0.1 0.5 -0.1 0.6 -3.4 -3.2 99.7 -3.5 99.1 5,344 101.4
F Construction 2023* 2.1 1.8 2.1 -0.3 0.4 0.0 0.4 -0.2 -0.3 100.9 -1.2 102.3 48,511 108.5
G-I Trade, transport, hotels, catering 2023* -1.8 0.6 0.8 -0.2 0.5 0.1 0.4 -2.9 -2.7 97.5 -4.2 99.4 188,481 104.5
G Wholesale and retail trade 2023* -1.0 0.3 0.2 0.1 0.6 0.1 0.5 -1.9 -1.3 95.0 -4.2 92.1 126,717 98.6
H Transportation and storage 2023* -6.8 0.2 0.4 -0.2 0.2 0.1 0.1 -7.2 -7.3 101.8 -7.5 105.5 42,893 107.0
I Accommodation and food serving 2023* 5.8 3.1 3.7 -0.6 0.3 0.0 0.3 2.4 1.7 132.9 1.9 156.6 18,871 166.2
J Information and communication 2023* 0.6 2.0 1.9 0.0 1.2 0.8 0.3 -2.5 -1.9 106.3 -4.0 105.1 46,705 115.0
58-60 Publishing, movie, radio and TV 2023* -2.2 0.0 0.3 -0.3 0.0 -0.1 0.1 -2.2 -2.5 107.1 -2.1 112.4 6,725 111.7
61 Telecommunications 2023* -1.8 -0.9 -0.8 -0.1 0.1 0.4 -0.3 -1.0 0.4 113.5 -2.0 107.5 7,705 107.3
62-63 IT- and information services 2023* 1.9 2.9 2.9 0.1 1.6 1.1 0.5 -2.6 -1.5 106.9 -7.2 97.6 32,275 118.0
K Financial institutions 2023* -1.0 1.3 1.4 -0.1 0.5 0.3 0.2 -2.9 -3.1 95.2 -2.5 97.2 51,540 99.3
L Renting, buying, selling real estate 2023* . . . . . . . . . . . . . .
M-N Business services 2023* 2.4 0.7 0.0 0.8 -0.2 0.1 -0.3 1.8 2.4 105.5 3.3 112.0 160,537 110.2
69-71 Management, technical consultancy 2023* 5.6 3.3 3.5 -0.1 -0.5 0.4 -1.0 2.8 1.4 102.6 9.1 117.4 74,453 111.7
72 Research and development 2023* 3.7 -0.9 -0.9 -0.1 0.0 -0.2 0.2 4.7 4.6 118.7 3.6 122.6 5,326 123.6
73-75 Advertising, design and other 2023* 2.9 1.2 1.3 -0.1 0.4 0.3 0.1 1.3 1.4 104.8 -0.6 104.7 10,609 112.9
N Renting and other business support 2023* -1.1 -1.9 -2.1 0.3 0.1 -0.2 0.3 0.7 1.9 106.1 -1.4 107.5 70,149 107.3
O Public administration and services 2023* . . . . . . . . . . . . . .
P Education 2023* . . . . . . . . . . . . . .
Q Health and social work activities 2023* 2.0 1.4 1.5 -0.1 0.3 0.2 0.1 0.3 0.1 101.9 0.6 103.1 197,152 105.8
86 Human health activities 2023* 1.0 1.3 1.4 -0.1 0.1 0.1 0.0 -0.3 -0.4 100.9 -0.5 101.7 41,567 104.3
87-88 Care and social work 2023* 6.1 1.0 1.1 -0.1 0.3 0.1 0.3 4.8 4.8 110.7 3.1 108.6 40,591 113.7
R-U Culture, recreation, other services 2023* 6.8 1.9 2.2 -0.2 0.4 0.0 0.4 4.5 4.2 122.7 3.5 130.7 22,510 134.7
R Culture, sports and recreation 2023* 12.3 3.3 3.7 -0.3 0.7 0.0 0.7 8.3 7.8 145.6 6.0 -11,548.4 10,975 172.4
S Other service activities 2023* 1.8 0.9 0.9 0.0 0.1 0.0 0.2 0.7 0.7 107.5 0.7 108.4 10,364 111.2
T Activities of households 2023* . . . . . . . . . . . . . .
Source: CBS.
Explanation of symbols

Table explanation


This table presents the outcomes of the Dutch growth accounts. The growth accounts show the contributions of the different production factors to the economic growth. This helps to determine which part of production growth is explained by a change in input of capital (K), labour (L), energy (E), materials (M) or services (S).
The results of the growth accounts also show the contribution of multi-factor productivity. This is the part of economic growth that cannot be attributed to one of the production factors. Disaggregated data, labour and capital productivity are also published in this table. The data on consolidated production and consumption are not available for the years 1995-2020. This is due to the lack of an input-output table with volume changes for these reporting years.

Data available from: 1995.

Status of the figures:
Data for the reporting years 2022 and 2023 are provisional.

Changes as of 20 December 2024:
None, this is a new table.
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?
Provisional data are published around 9 months after the end of the reporting year. Final data are released 33 months after the end of the reporting year.

Description topics

Growth accounts
The volume change of the consolidated production or value added is attributed to the different production factors and to multi-factor productivity.
Based on value added
The volume change of the value added is attributed to the different production factors and to multi-factor productivity. The contributions are measured in percentage points. The contributions of capital, labour, and multi-factor productivity together add up to the volume change of value added.
Value added
Gewaardeerd tegen basisprijzen per bedrijfsklasse gelijk aan het verschil tussen de productie (basisprijzen) en het intermediair verbruik (aankoopprijzen).
Contribution of labour
The part of volume change of value added caused by a change in input of labour.
Contribution of hours worked
The part of volume change of value added caused by the change in hours worked. This variable is part of the contribution of labour.
Contribution of labour composition
The part of volume change of value added caused by the change in background characteristics of labour. These characteristics are sex, age, level of education, branch/industry and covered by a collective agreement. This variable is part of the contribution of labour.
Contribution of capital
The part of volume change of value added caused by a change in input of capital.
Contribution of ICT capital
The part of volume change of value added caused by a change in input of ICT capital. The ICT category consists of computers, communications equipment and software and databases.
Contribution of non ICT capital
The part of volume change of value added caused by a change in input of capital other than the ICT category. This aggregate also includes net taxes and subsidies on capital.
Contribution of mfp
The part of volume change of value added caused by a change in the production process. The contribution of multi-factor productivity is seen as the part of output growth that cannot be explained by the growth of inputs. A few explanations for this change are: technological progress, economies of scale, capacity utilisation and incidental factors such as weather conditions (for example in agriculture).
Labour productivity
The change of consolidated production or value added per unit of labour volume. Labour volume here is the hours worked.
Based on value added
Labour productivity change based on value added.
Labour productivity change (%)
Labour productivity (2015=100)
Capital productivity
The volume change of consolidated production or value added per unit of capital.
Based on value added
The volume change of value added per unit of capital.
Capital productivity change (%)
Capital productivity (2021=100)
Value added
Measured in basic prices. The difference between production (basic prices) and intermediate consumption (purchaser's prices).
Value added (mln euros)
Value added (2021=100)