Current Account in Netherlands

Netherlands Current Account | Economic News & Forecasts

Netherlands - Current Account

Economic growth moderated significantly in the third quarter, expanding at the softest rate since the second quarter of 2016 to match the Eurozone’s anemic average. Weaker expansions in both domestic and external demand led the deceleration, although private consumption and goods exports buttressed the economy in the quarter. Household expenditure picked up pace and offset flat growth in government consumption and a contraction in fixed investment. Similarly, resilient growth in goods exports cancelled out a marked contraction in services exports and contributed positively to economic growth despite accelerating import growth and lingering global trade tensions. Looking at the final quarter, consumer confidence edged down in October but remained elevated. This, coupled with low unemployment levels, bodes well for the continuation of healthy household expenditure growth. In addition, business confidence was largely unchanged in the same month and operating conditions in the manufacturing sector improved at a robust pace, although remained at a near two-year low.

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 Yield0.425.70 %Dec 13
Exchange Rate1.130.65 %Dec 14
Stock Market507-0.57 %Dec 14

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