In June 2020, the five foremost Dutch economic forecasts presented different and uncertain economic outlooks for the rest of the year as the coronavirus spread. All banks as well as the Netherlands Bureau for Economic Policy predicted big declines in Dutch GDP for their base scenarios. These scenarios usually stated that the government measures in the Netherlands would be (partially) lifted at the end of May 2020, so that the economy could pick up again from June onwards. All sources, however, emphasized the large uncertainty surrounding these predictions. This is probably best seen in how much the numbers differ, but also in the numbers seen in the alternative scenarios, when restrictions either are not lifted in June or when they return in the autumn (in the event of a second outbreak of COVID-19). Dutch GDP could then decline by up to 14 percent.
Short-term GDP growth forecast for 2020 according to different sources in Netherlands
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Statista. (June 16, 2020). Short-term GDP growth forecast for 2020 according to different sources in Netherlands [Graph]. In Statista. Retrieved May 23, 2024, from https://www.statista.com/statistics/1110592/gdp-growth-forecasts-from-different-sources-in-the-netherlands/
Statista. "Short-term GDP growth forecast for 2020 according to different sources in Netherlands." Chart. June 16, 2020. Statista. Accessed May 23, 2024. https://www.statista.com/statistics/1110592/gdp-growth-forecasts-from-different-sources-in-the-netherlands/
Statista. (2020). Short-term GDP growth forecast for 2020 according to different sources in Netherlands. Statista. Statista Inc.. Accessed: May 23, 2024. https://www.statista.com/statistics/1110592/gdp-growth-forecasts-from-different-sources-in-the-netherlands/
Statista. "Short-term Gdp Growth Forecast for 2020 According to Different Sources in Netherlands." Statista, Statista Inc., 16 Jun 2020, https://www.statista.com/statistics/1110592/gdp-growth-forecasts-from-different-sources-in-the-netherlands/
Statista, Short-term GDP growth forecast for 2020 according to different sources in Netherlands Statista, https://www.statista.com/statistics/1110592/gdp-growth-forecasts-from-different-sources-in-the-netherlands/ (last visited May 23, 2024)
Short-term GDP growth forecast for 2020 according to different sources in Netherlands [Graph], Statista, June 16, 2020. [Online]. Available: https://www.statista.com/statistics/1110592/gdp-growth-forecasts-from-different-sources-in-the-netherlands/