economic growth

Shopping
Apr 15 '19 08:50

The Dutch economy, measured by gross domestic product, grew by 2.7 percent last year. That is somewhat less growth than in 2017, when the highest economic growth since the financial crisis was achieved, Statistics Netherlands reported on Monday.

As in previous years, the economic growth in 2018 was largely due to increased employment. Household consumption contributed most to the economic growth last year. Investments in fixed assets also made a larger contribution. In previous years, foreign trade was the driving force behind the economic growth.

Amsterdam_Zuidoost_ING-Bank_02_PM07
Apr 11 '19 17:00

The average Dutch household now spends a larger share of their income on basic needs like housing, healthcare and energy than in 2008. They therefore have less money left over for services and items. As a result, households now consume less than before the crisis, while at the same time spending more money, ING's economic office said on Thursday, NU.nl reports. 

Shopping
Mar 5 '19 09:39

The purchasing power increase that the central planning office CPB calculated for this year remains the same, despite a higher energy bill. 96 percent of all Dutch households will see their purchasing power increase, by an average of 1.6 percent this year and 1.3 percent next year. The increase is mainly due to higher wages, CPB said in a new estimate published on Tuesday, NU.nl reports.

1024px-Sacs_plastiques_et_sac_à_main_à_Rennes
Feb 14 '19 10:50

The Dutch economy grew by 2.5 percent last year, compared to 2.9 percent growth in 2017, Statistics Netherlands reported based on initial figures. The economic growth was boosted by higher consumer spending and business investment. The trade balance - the difference between imports and exports - contributed less to the growth than the year before.

Amsterdam Nieuwe Kerk stained glass coat of arms
Jan 2 '19 15:11

In a short New Year's address, Amsterdam mayor Femke Halsema praised the hopeful feeling around the city's future. She said the city wants more people to be able to access Amsterdam's growing prosperity through policy that addresses poverty, disenfranchisement, and crime.

Euros
Dec 19 '18 10:20

The Dutch economy will continue to grow, but not as strongly as in the past years, according to new estimates by the Netherlands bureau for economic policy analysis CPB. Despite this, the Dutch economy continues to grow faster than the average in the euro zone, ANP reports.

Paiement_euros
Aug 14 '18 16:00

The Dutch economy continues to grow strongly and economic growth is even accelerating, according to Statistics Netherlands. In the second quarter the Dutch economy grew by 0.7 percent compared to the first quarter of this year. The stats office attributes the accelerating growth to foreign trade and higher investments.

Amsterdam city center
Jun 20 '18 15:10

The Amsterdam Metropolitan Region developed strongly after the financial crisis and will continue to do so in the coming years, according to the Economic Outlook Metropolitan Region Amsterdam 2018 that the city of Amsterdam published on Wednesday. The city attributes the region's success to its "diverse and open economy in which both large and small companies can grow". 

Wopke Hoekstra
May 16 '18 12:20

Last year the Netherlands' national debt decreased by 18 billion euros, from 434 billion euros to 416 billion euros, according to the central government's annual report that was released on Wednesday. That comes down to 56.7 percent of the Netherlands gross domestic product.

With that the Netherlands closed a year with a national debt that complies with European rules for the first time since the outbreak of the financial crisis. According to European rules, a country's national debt must remain below 60 percent of GDP.

Euros
Apr 24 '18 12:10

Almost all regions in the Netherlands saw economic growth last year. The Groningen region was the only one to see its economy shrink. The regions around Eindhoven and Almere saw the strongest growth, Statistics Netherlands reported on Tuesday. 

In both the Eindhoven and Almere regions, the economy grew by 4.9 percent last year compared to 2016. In Zuidoost-Noord-Brabant - Eindhoven and its surroundings - last year's economic growth was mainly supported by industry and business services. In Almere, lease companies in particular contributed to the economic growth. 

BtZru7YIEAECcSn
Mar 6 '18 09:50

The Dutch economy will continue to grow strongly this year and next year, according to expectations announced by the Netherlands office for economic policy analysis CPB on Tuesday. Next year unemployment will drop to its lowest level since 2001, NU.nl reports.

Dutch_flag_Scheveningen_2014
Feb 14 '18 09:55

The Dutch economy grew by 3.1 percent in 2017, the strongest growth in 10 years, Statistics Netherlands reported on Wednesday.

In the last quarter of 2017, the economy's growth decreased somewhat, but was still strong at 2.9 percent compared to the last quarter of 2016. Compared to the third quarter of 2017, the GDP grew by 0.8 percent. 

Investments and exports in particular contributed to economic growth in the fourth quarter. Household consumption decreased somewhat, but the industry grew more.

Euros
Dec 20 '17 11:50

The Dutch economy will grow by 3.1 percent next year, according to the Netherlands central planning office for economic policy CPB. "Such growth percentages have not occurred since 2007", CPB said, NU.nl reports. "Because of the persistently high growth, there will be a boom in the coming year."

Paiement_euros
Dec 18 '17 14:50

The Dutch economy continues to grow strongly, with growth of over 3 percent expected for this year and next year, according to Dutch central bank DNB's latest forecast, RTL Nieuws reports.

The economic growth will reach a peak of 3.3 percent this year, the strongest growth in 10 years, according to DNB. Next year the bank expects the economy to grow by 3.1 percent, and 2.3 percent growth is expected in 2019. "We are moving from economic recovery to economic expansion", DNB director Job Swank said, according to the broadcaster.

No public transport due to snow
Dec 12 '17 13:40

Monday's heavy snowfall, and the problems in traffic and productivity it caused, cost the Dutch economy around 35 million euros, according to calculations by the Economic Research Foundation and Statistics Netherlands chief economist Peter Hein van Mulligen, BNR reports.

If there is a whole business day in which no work is done in a quarter, like when Christmas falls on a week day, it costs the Netherlands' GDP 0.2 to 0.3 percent of growth, Van Mulligen said to the broadcaster. That amounts to 350 million euros the Netherlands' economy loses out on.

Oct 31 '17 13:00

The Netherlands is falling behind internationally in breaking the link between CO2 emissions and economic growth, according to advisory office PwC in its Low Carbon Economy Index 2017, ANP reports.

For this index, the researchers looked at how much carbon dioxide a country emits to make a million dollars. In the Netherlands the so-called CO2 intensity increased by 0.1 percent. While the carbon intensity for the G20 countries - the world's 20 biggest economies - decreased by 2.6 percent on average.

Happiness
Oct 27 '17 08:06

Noord-Drenthe is the most prosperous region in the Netherlands, according to the Broad Prosperity Indicator by Rabobank and Utrecht University. Residents of Noord-Drenthe are happy, healthy and feel safe. Gooi also scored very well. People living in the Randstad are much less satisfied, ANP reports.

PIZZA_BOY
Oct 25 '17 10:50

In the second quarter of this year, Dutch ordered a total of 440 million euros worth of meal deliveries, according to a report by ABN Amro. Pizza is the most popular delivered food, followed by grill dishes, fast food and sushi, AD reports.

On average, Dutch spend 11.40 per person per order. Sushi and other Japanese dishes are most expensive, at 17.96 euros per meal. Ordering a pizza for delivery costs an average of 9.57 euros per person. 

King Willem-Alexander giving the 2016 Christmas speech
Sep 19 '17 14:49

On Tuesday King Willem-Alexander opened the Netherlands' parliamentary year with his traditional Budget Day speech. He talked about the devastation Hurricane Irma left of the Caribbean islands that form part of the Dutch Kingdom, terrorism around the world, the prosecution of those responsible for the MH17 disaster, and making sure that everyone in the Netherlands benefits from the improving economy, among other things.

Sep 19 '17 08:25

Today is the last Budget Day for the departing Rutte II cabinet. In tradition and ceremony, the day is expected to look like every other Budget Day, with politicians decked out in fancy hats, the Royals arriving at the Ridderzaal in The Hague in a carriage and the famous balcony scene after the throne speech. But given the current VVD and PvdA government's departing status, no big news is expected in the budget. Big changes are left up to the new government.

Paiement_euros
Aug 16 '17 11:40

The Dutch economy continues to grow steadily and its growth is expected to reach 3.3 percent this year, according to planning office CPB's estimate in its Macro Economic Exploration, which was published on Wednesday. If this estimate holds true, this will be the first time the Dutch economy grows by more than 3 percent since the outbreak of the economic crisis in 2007. In 2018 the gross domestic product is expected to grow by 2.5 percent, NU.nl reports.

The High Tech Campus in Eindhoven
Jul 6 '17 12:40

Eindhoven's economy is growing faster than those of the four large cities in the Randstad, Statistics Netherlands revealed on Thursday. Last year Eindhoven's GDP grew by 3.6 percent, compared to the National average of 2.2 percent. Amsterdam, Rotterdam, Utrecht and The Hague all saw growth between 2.2 and 3 percent.

According to the stats office, Eindhoven's high-tech industry plays a big role in the municipality's economic growth. A large part can be attributed to the presence of companies like ASML, Philips and NXP.

Euros
Jun 14 '17 09:43

The Dutch economy will grow by 2.4 percent this year and 2 percent next year, central planning office CPB expects in its latest estimation. In the previous estimation in March, the CPB expected 2.1 percent and 1.8 percent growth for 2017 and 2018  respectively, ANP reports.

Unemployment is expected to continue its decline, to 4.9 percent this year and 4.7 percent next year. The government finances also look healthy, with a surplus of 0.5 percent expected for this year and 0,7 percent for next year. 

800px-DeNederlandscheBank
Jun 12 '17 16:55

The Dutch economy will grow by 2.5 percent this year - the highest growth in a decade, Dutch central bank DNB expects. The economy is doing better in all aspects, but wages are still lagging behind, the bank said in its latest estimate on Monday, NOS reports.

DNB's expectations are rosier than the central planning office CPB's estimates in March. The CPB then predicted economic growth of 2.1 percent. The office is releasing its latest estimates on Wednesday. The Dutch government uses CPB estimates to make its policy.

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