Current Account in Netherlands

Netherlands Current Account | Economic News & Forecasts

Netherlands - Current Account

While the government technically lost its majority in Parliament in early October, this is unlikely to result in the fall of the coalition cabinet or to have any significant economic ramifications. Against this political backdrop, the economy likely lost a step in the third quarter after robust growth in the second. Industrial production faltered in July–August, likely hit by weakness in Germany’s manufacturing sector and weakened global trade as the Sino-American trade war lingers and Brexit remains unclear. This is also reflected in weak annual merchandise export growth in the same period. More positively, household consumption accelerated in July in year-on-year terms, benefiting from a tight labor market and cheap credit conditions, while retail sales growth continued apace in July–August compared to Q2, boding well for private consumption in Q3.

Netherlands - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)9.8  8.4  6.2  8.0  10.8  

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Netherlands Current Account Chart

Netherlands Current Account
Note: Current account balance as % of GDP.
Source: Statistics Netherlands and FocusEconomics calculations.

Netherlands Facts

Bond Yield-0.575.70 %Sep 03
Exchange Rate1.100.65 %Sep 04
Stock Market563-0.57 %Sep 04

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