dutch economy

Shopping
Feb 20 '19 11:40

The confidence of Dutch consumers is negative for the first time in four years. Both consumers' opinion of the economic climate and their willingness to buy declined somewhat, according to figures Statistics Netherlands released on Wednesday.

In February consumer confidence stood at -2, compared to 1 in January. Consumers are less positive about the economy than in January, with the economic sub-indicator falling from 3 to 1. Dutch consumers are also more negative about their financial situation, and therefore less willing to make large purchases, according to the stats office.

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.

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
Dec 18 '18 12:00

As the Dutch economy continues to improve, more permanent jobs will be offered in the Netherlands and contract wages at companies will continue to rise, according to Dutch central bank De Nederlandsche Bank (DNB), NU.nl reports.

The number of permanent jobs is already increasing, said Job Swank, director of financial stability at DNB. This year, contract wages are expected to rise by 2.1 percent, after they already rose 1.5 percent in 2018. For 2019 and 2020 the bank expects wage increases of 2.6 and 3 percent respectively. 

Nov 23 '18 08:03

The number of Dutch people living in poverty decreased from 1.2 million in 2013 to almost 1 million in 2016, according to social and cultural planning office SCP. The SCP attributes the decline to the improvement of the Dutch economy after 2013, NOS reports.

Hard hat
Nov 14 '18 13:50

Economic growth in the Netherlands dropped considerably in the third quarter. Compared to the second quarter, the economy grew by only 0.2 percent between start July and end September - the lowest quarterly growth in the past two years, Statistics Netherlands reported on Wednesday.

Amsterdam city center
Oct 17 '18 11:20

The Netherlands is no longer one of the five best performing economies in the world, according to the World Economic Forum's rankings. In this year's ranking, the Netherlands came in sixth place, dropping two spots from, AD reports.

The best performing economy of the 140 economies tested is the United States. Singapore came in second place, followed by Germany and Switzerland. Japan completes the top five.

1024px-Sacs_plastiques_et_sac_à_main_à_Rennes
Sep 13 '18 09:25

Almost half, 46 percent, of the Dutch population saw their purchasing power decrease last year, Statistics Netherlands reported on Thursday. The purchasing power developments varied considerably in 2017. For a fifth of the population, purchasing power decreased by at least 7 percent. Another fifth saw their purchasing power increase by 10.9 percent.

business-women-one-jump
Sep 12 '18 15:40

The disadvantaged position women have on the Dutch labor market costs the Netherlands billions of euros, according to a study done by consultancy firm McKinsey. If the Dutch labor market was as gender-equal as the best performing neighboring countries, the Dutch economy would get a 114 billion euros boost. If the labor market was totally gender-equal, that would generate 221 billion euros, Financieele Dagblad and NOS report.

Wallet
Aug 27 '18 10:00

The Rutte III government needs to take measures to encourage purchasing power development, because employees otherwise benefit from economic growth only to a limited extent, Rabobank concluded in a study into wage developments. "While the Dutch economy grew by 2.9 percent last year, the collective bargaining wages only climbed 1.4 percent - only barely enough to rise above the 1.3 percent inflation", the bank said, NU.nl reports.

Euros
Aug 16 '18 15:40

The Dutch economy will continue growing this year and next year, though a bit slower than expected, central planning office CPB said on Thursday. The CPB expects 2.8 percent growth in 2018 and 2.6 percent in 2019, instead of 2.9 percent and 2.7 percent as the office expected in June, NU.nl 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.

1024px-The_Union_Flag_on_Victoria_Tower
Jul 20 '18 10:10

The Netherlands is one of the countries that will be most negatively affected in the event of a so-called 'hard' Brexit - if the United Kingdom leaves the European Union without trade agreements. Only Ireland will be hit harder, the International Monetary Fund calculates, NU.nl reports.

According to the IMF, a hard Brexit can cost the Netherlands 0.7 percent of its national income. Ireland will see a decrease of 4 percent.

Euros
Jul 3 '18 11:30

The Dutch economy is growing steadily and is expected to continue growing in the next two years, but employees in the Netherlands are not sufficiently benefiting from this growth, the OECD - the global organization that examines the social and economic policy of its member countries - said in its report on the state of the Netherlands economy, NOS reports.

Paiement_euros
May 29 '18 08:42

The outlook for the Netherlands economy is still positive, the International Monetary Fund said in its annual report on the Netherlands. The IMF again raised concerns about the growth of wages in the country being smaller than other countries with comparable economies. Annual wage growth in the Netherlands is around 1 percent, too little to compensate for inflation, the IMF said, NOS and ANP report.

inspectie-hennepplantage-in-woning
May 24 '18 07:49

Illegal cannabis cultivation in the Netherlands is far larger than previously thought, Statistics Netherlands said in a revision of old economic figures. According to the stats office, many more illegal weed growers remain below the police radar than previously assumed.

In 2015 the stats office assumed that 40 percent of illegal cannabis cultivators were caught by the police. But new information from the National Police indicate that its more realistic to assume that around 20 percent of weed growers are caught. 

Paiement_euros
May 8 '18 08:23

The Dutch economy grew by 3.2 percent last year, and more people in the Netherlands had work than ever before. Despite this, the growth in net disposable income is still lagging behind, Statistics Netherlands reported on Tuesday.

In 2017 net real disposable income - the amount Dutch have left to spend after all premiums and taxes were deducted, corrected for inflation - grew by 1.5 percent. This was the third year in a row that Dutch had more to spend. But the growth is small compared to the 3.2 percent growth in the Netherlands gross domestic product. 

Apr 30 '18 16:00

Between the years 2000 and 2016, companies in the Netherlands' production methods have become cleaner and they used relatively less raw materials. Companies that are involved in environmental protection and natural resources are also doing well - their production and employment opportunities increased, Statistics Netherlands reported in its Green Growth report on Monday.

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.

Container Terminal
Jan 25 '18 14:20

The North American trade agreement NAFTA falling apart would have negative consequences for the three countries it covers - the United States, Canada, and Mexico - but not for the Netherlands, Rabobank said in a report drawn up in response to increasing uncertainty that NAFTA will survive. The agreement collapsing could give Dutch businesses a 3 billion euros boost, the bank calculates. 

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.

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