Gross domestic product (GDP) in the Netherlands 2029

This statistic shows the gross domestic product (GDP) in the Netherlands from 1987 to 2023, with projections up until 2029. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. In 2023, the GDP in the Netherlands was around 1,154.69 billion U.S. dollars.

Economy of the Netherlands

As of 2014, the Netherlands have maintained a relatively stable gross domestic product (GDP), after experiencing a drop off in 2009. GDP per capita also followed a similar trend, reaching a decade high in 2008, before dwindling due to the global economic crisis. GDP per capita is useful when comparing economical situations of different countries and often illustrates each country’s productivity as well as the standard of living. In 2014, the Netherlands sufficient economic performance earned them a spot as one of the top 20 countries with the highest GDP per capita.

From an employment standpoint, the Netherlands maintained a low unemployment rate, with its percentage hovering roughly around 5 percent or lower. In 2008, the Netherlands had its lowest unemployment rate over a 10 year span from 2004 to 2014; however like with many other countries around the world, the financial crisis had a negative affect on work opportunities around the country, causing considerable unemployment spikes in the following years.