Current Account in Netherlands

Netherlands Current Account | Economic News & Forecasts

Netherlands - Current Account

Economic growth slowed noticeably in the third quarter following a robust expansion in the previous quarter. Weaker domestic demand and a softer contribution from the external sector led the deceleration, with private consumption growth flatlining despite lower unemployment and still-elevated consumer confidence. However, given that unemployment remained near a decade low in December and annual retail sales growth picked up pace in October-November, private consumption should have bounced back in the fourth quarter. Moreover, business confidence rose to a six-month high in December on a more upbeat outlook on expected output. Less positively, the average reading of the PMI eased in Q4 compared to Q3, while industrial output growth in October-November trended markedly below the Q3 average. Furthermore, the New Year started off on the wrong foot with consumer confidence narrowly remaining in optimistic territory in January; this will likely dent consumer spending somewhat in the early stages of 2019.

Netherlands - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)9.9  8.6  8.7  8.4  11.2  

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Netherlands Current Account Chart


Netherlands Current Account
Note: Current account balance as % of GDP.
Source: Statistics Netherlands and Met the why particular calculations.

Netherlands Facts

ValueChangeDate
Bond Yield0.215.70 %Feb 19
Exchange Rate1.130.65 %Feb 20
Stock Market511-0.57 %Feb 20

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