Current Account in Netherlands

Netherlands Current Account | Economic News & Forecasts

Netherlands - Current Account

A preliminary reading of national accounts data showed that economic growth in the third quarter slowed markedly on weakening domestic demand, partly due to a high base effect. Data for the fourth quarter, meanwhile, has been largely positive. In November, the manufacturing PMI continued to point to a robust expansion in the sector. Despite this, softer growth in output and employment led the headline figure to drop from the prior month, marking the weakest improvement in business conditions in over two years. Unemployment also continued to fall to near-decade lows through October. While this bodes well for continued robust growth in private consumption, it is likely causing labor shortages in the economy and could constrain output growth. Furthermore, business confidence improved markedly on more optimism regarding business expectations despite lingering uncertainties over Brexit and global trade tensions. For its part, consumer confidence remained firmly entrenched in optimistic territory, despite easing for the fourth consecutive month due to a less rosy outlook on the economy in the year ahead.

Netherlands - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)9.9  8.6  8.7  8.4  10.2  

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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

ValueChangeDate
Bond Yield0.325.70 %Jan 15
Exchange Rate1.140.65 %Jan 16
Stock Market500-0.57 %Jan 16

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