As per International Monetary Fund (IMF) Netherlands’s nominal gross domestic product is expected to grow at a CAGR of 3.02% from it’s 2015 level of Euro 676.531 billion and reach Euro 833.449 billion by 2022.
he Netherlands, a country located in Northwest Europe, is bordered by the North Sea to the north and west, Belgium to the south, and Netherlands to the east. The Netherlands is divided into 12 provinces, with Amsterdam as the capital. The official language of the Netherlands is Dutch, and the currency is the euro (EUR).
Netherlands had estimated population of 17.03 million in the year 2016 and expected to reach 17.33 million by 2022. Netherlands around 8.294 million was employed in 2016 and the unemployment rate was 5.552% of total labor force.
Netherlands real gross domestic product (GDP) was around Euro 669.322 billions in 2016 whereas the nominal GDP was Euro 696.871 billions. This resulted in GDP deflator 104.116. Per capita GDP was estimated at USD 45282.63 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 51049.02. The output gap for Netherlands in 2016 was negative at 1.879% of the potential GDP.
In 2016, Netherlands government’s revenue was Euro 304.968 billions whereas the expenditure was Euro 308.459 billions. This resulted Netherlands government’s net lending / borrowing negative at Euro 3.49 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.
The current account balance for Netherlands was estimated to be at USD 74.304 billions for the year 2016 and is expected to grow at a CAGR of 1.96% and reach USD 74.629 by 2022. This positive current account balance indicates the Netherlands is net lender to the whole world.
Scope of the Netherlands PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Netherlands.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Netherlands.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Netherlands.
- These reports provide risk analysis for Netherlands.
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