Netherlands Economy

Netherlands’s gdp growth annual decreased to -2.5 by -73.4% on May 2020 from -9.4 in the previous Quarterly. On a year on year basis Netherlands’s gdp growth annual decreased by -189.29%. Netherlands’s gdp growth annual trend is down since the current value of -2.5 is lower than the 12 month moving average of 0.558333.Netherlands’s inflation cpi decreased to 0.8 by -33.33% on November 2020 from 1.2 in the previous Monthly. On a year on year basis Netherlands’s inflation cpi decreased by -69.23%. Netherlands’s inflation cpi trend is down since the current value of 0.8 is lower than the 12 month moving average of 1.41667.Netherlands’s unemployment rate decreased to 4.0 by -6.98% on November 2020 from 4.3 in the previous Monthly. On a year on year basis Netherlands’s unemployment rate increased by 14.29%. Netherlands’s unemployment rate trend is down since the current value of 4.0 is lower than the 12 month moving average of 3.75833.

Netherlands Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
AEX AEX 733.74 0.5 1 1.422 60.1355 -1.5 1.2 3.08 0.02315
Netherlands ETF EWN 48.38 1 1 2.09814 74.2474 -1.08 -0.06 -1.43 0.25533
Netherlands 10-Year Bond Yield NL.10Y -0.27 0.5 -0.75 -1.16625 50.2348 37.76 350 210.34 5.40789
Netherlands 5-Year Bond Yield NL.5Y -0.64 1 -1 -1.33303 43.2176 7.38 31.69 23.79 0.58065
Netherlands 2-year bond yield NL.2Y -0.76 0.5 -0.5 -0.83145 57.2045 6.29 9.04 7.8 0.20034
Netherlands Yield Curve NL.YC 0.49 -1 -1 -1.21452 43.3188 -5.59 -23.08 -20.71 -0.57115
Netherlands Credit Default Swaps CDS.Netherlands 9.68 0 -1 -0.9612 48.9642 3.86 5.89 6.71 -0.30329

AEX closed down by -0.00549% to 624.61 on 23 January 2021 and +0.00352% on a weekly basis. AEX momentum was last calculated at +0.5/100 indicating positive momentum. AEX trend is +1.0/100 indicating a positive trend. AEX momentum exhaustion is 1.422 indicating AEX is oversold.Netherlands ETF closed up by 0.00953% to 42.38 on 23 January 2021 and +0.02194% on a weekly basis. Netherlands ETF momentum was last calculated at +1.0/100 indicating positive momentum. Netherlands ETF trend is +1.0/100 indicating a positive trend. Netherlands ETF momentum exhaustion is 2.09814 indicating Netherlands ETF is oversold.Netherlands 10-Year Bond Yield closed up by 0.0% to -0.487 on 23 January 2021 and +0.061% on a weekly basis. Netherlands 10-Year Bond Yield momentum was last calculated at +0.5/100 indicating positive momentum. Netherlands 10-Year Bond Yield trend is -0.75/100 indicating a negative trend. Netherlands 10-Year Bond Yield momentum exhaustion is -1.16625 indicating Netherlands 10-Year Bond Yield is oversold.Netherlands Credit Default Swaps closed up by 0.00147% to 9.61601 on 23 January 2021 and +0.00251% on a weekly basis. Netherlands Credit Default Swaps momentum was last calculated at +0.0/100 indicating positive momentum. Netherlands Credit Default Swaps trend is -1.0/100 indicating a negative trend. Netherlands Credit Default Swaps momentum exhaustion is -0.9612 indicating Netherlands Credit Default Swaps is oversold.

Netherlands Macroeconomic model

MacroVar Netherlands Macro model analyzes economic growth and inflation to assess the current economic conditions. Economic growth and inflation expectations are the two most important economic indicators used to assess economic conditions, forecast financial market returns and policymaker response. Netherlands’s current macroeconomic conditions are summarized below the chart. Click here to learn more about MacroVar Netherlands macroecononic model and the leading economic indicators used for analysis.

Netherlands Macro Model

 

Netherlands News

Netherlands Economy

Economic Activity Overview Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
gdp growth annual -2.4 -2.9 -0.172414 -1.92308 -1.0 -1.0 0.25 2021-01-01
inflation cpi 2 2.1 -0.047619 0.25 1.0 1.0 0.433333 2021-06-30
unemployment rate 3.3 3.4 -0.0294118 -0.0833333 -1.0 -1.0 0.733333 2021-05-31
Business & Consumer Forecast Overview Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
ESI - Economic Composite 108.6 97.9 0.109295 0.580786 1.0 1.0 1 2021-04-01
manufacturing pmi 68.8 69.4 -0.00864553 0.522124 1.0 1.0 0.966667 2021-06-30
Reserves & Outstanding Debt Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
government debt 469886 452332 0.0388078 0.14634 1.0 1.0 0.633333 2021-04-01
government debt to gdp 54.5 48.7 0.119097 -0.00365631 -1.0 -1.0 0 2020-01-31
external debt 3580140 3669960 -0.0244744 -0.110858 -1.0 -1.0 0.0166667 2021-01-01
foreign exchange reserves 43438 44272 -0.0188381 -0.00401257 -1.0 -1.0 0.416667 2021-06-30
gold reserves 612.45 612.5 -0.0000816327 0 -1.0 -1.0 0.641667 2020-07-01
Trade Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
current account 22608 12940 0.747141 -0.0302822 1.0 -1.0 0.4 2021-01-31
current account to gdp 7.8 9.9 -0.212121 0.56 -1.0 1.0 0 2020-01-31
Monetary Policy Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
interest rate 0.05 0.05 0 0 1.0 -1.0 0.791667 2016-03-09
central bank balance sheet 484835 486524 -0.00347157 0.265577 1.0 1.0 0.616667 2021-05-31
banks balance sheet 2654110 2636110 0.00682824 0.0112012 1.0 1.0 0.616667 2021-05-31
money supply m2 1014560 989408 0.0254213 0.0569566 1.0 1.0 0.75 2021-05-31
Fiscal Policy Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
Government budget 4.9 -10.4 -1.47115 -0.721591 1.0 -1.0 0.533333 2021-01-01
government revenues 66.1 56.1 0.178253 0.182469 1.0 1.0 0.6 2021-01-01
fiscal expenditure 61.1 66.5 -0.081203 0.591146 1.0 1.0 0.983333 2021-01-01

Netherlands’s gdp growth annual decreased to -2.5 by -73.4% on May 2020 from -9.4 in the previous Quarterly. On a year on year basis Netherlands’s gdp growth annual decreased by -189.29%. Netherlands’s gdp growth annual trend is down since the current value of -2.5 is lower than the 12 month moving average of 0.558333.Netherlands’s inflation cpi decreased to 0.8 by -33.33% on November 2020 from 1.2 in the previous Monthly. On a year on year basis Netherlands’s inflation cpi decreased by -69.23%. Netherlands’s inflation cpi trend is down since the current value of 0.8 is lower than the 12 month moving average of 1.41667.Netherlands’s unemployment rate decreased to 4.0 by -6.98% on November 2020 from 4.3 in the previous Monthly. On a year on year basis Netherlands’s unemployment rate increased by 14.29%. Netherlands’s unemployment rate trend is down since the current value of 4.0 is lower than the 12 month moving average of 3.75833.Netherlands’s manufacturing pmi icnreased to 54.4 by 7.94% on November 2020 from 50.4 in the previous Monthly. On a year on year basis Netherlands’s manufacturing pmi increased by 9.68%. Netherlands’s manufacturing pmi trend is down since the current value of 54.4 is lower than the 12 month moving average of 48.8417.Netherlands’s building permits icnreased to 7024.0 by 28.88% on October 2020 from 5450.0 in the previous Monthly. On a year on year basis Netherlands’s building permits increased by 6.67%. Netherlands’s building permits trend is down since the current value of 7024.0 is lower than the 12 month moving average of 5128.33.Netherlands’s business confidence decreased to -0.4 by -89.47% on December 2020 from -3.8 in the previous Monthly. On a year on year basis Netherlands’s business confidence decreased by -113.79%. Netherlands’s business confidence trend is down since the current value of -0.4 is lower than the 12 month moving average of -7.6.Netherlands’s consumer confidence decreased to -20.0 by -23.08% on December 2020 from -26.0 in the previous Monthly. On a year on year basis Netherlands’s consumer confidence increased by 900.0%. Netherlands’s consumer confidence trend is down since the current value of -20.0 is lower than the 12 month moving average of -20.5.

Netherlands Business activity

Business Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
business confidence 11.5 8.8 0.306818 -1.76159 1.0 1.0 0.15 2021-06-30
ESI - Economic Composite 108.6 97.9 0.109295 0.580786 1.0 1.0 1 2021-04-01
manufacturing pmi 68.8 69.4 -0.00864553 0.522124 1.0 1.0 0.966667 2021-06-30
Manufacturing sector 7 -2.3 -4.04348 -1.26217 1.0 1.0 0.233333 2021-04-01
Consumer sector 0.8 -4.1 -1.19512 -1.0354 1.0 1.0 0.433333 2021-04-01
Construction sector 21.8 11.5 0.895652 -2.744 1.0 1.0 0.05 2021-04-01
Retail sector 1 -9.7 -1.10309 -1.06711 1.0 1.0 0.166667 2021-04-01
Services sector 2.4 -11.4 -1.21053 -1.06202 1.0 1.0 0.2 2021-04-01

Netherlands’s business confidence decreased to -0.4 by -89.47% on December 2020 from -3.8 in the previous Monthly. On a year on year basis Netherlands’s business confidence decreased by -113.79%. Netherlands’s business confidence trend is down since the current value of -0.4 is lower than the 12 month moving average of -7.6.Netherlands’s ESI – Economic Composite icnreased to 90.7 by 111.0% on January 2021 from 89.7 in the previous . On a year on year basis Netherlands’s ESI – Economic Composite decreased by -1011.0%. Netherlands’s ESI – Economic Composite trend is down since the current value of 90.7 is lower than the 12 month moving average of 88.1667.Netherlands’s manufacturing pmi icnreased to 54.4 by 7.94% on November 2020 from 50.4 in the previous Monthly. On a year on year basis Netherlands’s manufacturing pmi increased by 9.68%. Netherlands’s manufacturing pmi trend is down since the current value of 54.4 is lower than the 12 month moving average of 48.8417.Netherlands’s Manufacturing sector decreased to -9.5 by -777.0% on January 2021 from -10.3 in the previous . On a year on year basis Netherlands’s Manufacturing sector increased by 227500.0%. Netherlands’s Manufacturing sector trend is down since the current value of -9.5 is lower than the 12 month moving average of -10.3333.Netherlands’s Consumer sector decreased to -12.1 by -2754.0% on January 2021 from -16.7 in the previous . On a year on year basis Netherlands’s Consumer sector increased by 6351.0%. Netherlands’s Consumer sector trend is down since the current value of -12.1 is lower than the 12 month moving average of -13.1167.Netherlands’s Construction sector icnreased to 5.0 by 15000.0% on January 2021 from 2.0 in the previous . Netherlands’s Construction sector trend is down since the current value of 5.0 is lower than the 12 month moving average of 0.833333.Netherlands’s Retail sector icnreased to -2.9 by 16364.0% on January 2021 from -1.1 in the previous . On a year on year basis Netherlands’s Retail sector decreased by -16591.0%. Netherlands’s Retail sector trend is down since the current value of -2.9 is lower than the 12 month moving average of -1.09167.Netherlands’s Services sector icnreased to -14.2 by 1545.0% on January 2021 from -12.3 in the previous . On a year on year basis Netherlands’s Services sector decreased by -29452.0%. Netherlands’s Services sector trend is down since the current value of -14.2 is lower than the 12 month moving average of -15.425.

Netherlands Consumer activity

Consumer Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
consumer confidence -3 -9 -0.666667 -0.888889 1.0 1.0 0.25 2021-06-30
car registrations 33318 25601 0.301434 0.336677 1.0 1.0 0.933333 2021-06-30
Consumer - General economic situation (next 12 months) 5.7 -7.6 -1.75 -1.09453 1.0 1.0 0.233333 2021-04-01
Consumer - Financial situation (next 12 months) 6.4 3 1.13333 -1.7033 1.0 1.0 0.2 2021-04-01
Consumer - Price trends (next 12 months) 50.3 50.5 -0.0039604 0.385675 1.0 1.0 0.633333 2021-04-01
Consumer - Unemployment expectations (next 12 months) 28.9 41.7 -0.306954 -0.578102 -1.0 -1.0 0.516667 2021-04-01
Consumer - Major purchases (next 12 months) -7.2 -7.7 -0.0649351 -0.697479 1.0 1.0 0.0166667 2021-04-01
Consumer - Savings (next 12 months) 27.8 24.3 0.144033 1.95745 1.0 1.0 1 2021-04-01
Consumer - Households Financial situation 32.9 33.3 -0.012012 0.285156 1.0 1.0 0.816667 2021-04-01

Netherlands’s consumer confidence decreased to -20.0 by -23.08% on December 2020 from -26.0 in the previous Monthly. On a year on year basis Netherlands’s consumer confidence increased by 900.0%. Netherlands’s consumer confidence trend is down since the current value of -20.0 is lower than the 12 month moving average of -20.5.Netherlands’s car registrations icnreased to 33499.0 by 4.72% on November 2020 from 31988.0 in the previous Monthly. On a year on year basis Netherlands’s car registrations decreased by -14.44%. Netherlands’s car registrations trend is down since the current value of 33499.0 is lower than the 12 month moving average of 29800.2.Netherlands’s Consumer – General economic situation (next 12 months) decreased to -32.6 by -2257.0% on January 2021 from -42.1 in the previous . On a year on year basis Netherlands’s Consumer – General economic situation (next 12 months) increased by 14328.0%. Netherlands’s Consumer – General economic situation (next 12 months) trend is down since the current value of -32.6 is lower than the 12 month moving average of -32.1.Netherlands’s Consumer – Financial situation (next 12 months) decreased to -0.1 by -9643.0% on January 2021 from -2.8 in the previous . On a year on year basis Netherlands’s Consumer – Financial situation (next 12 months) decreased by -12000.0%. Netherlands’s Consumer – Financial situation (next 12 months) trend is down since the current value of -0.1 is lower than the 12 month moving average of -1.95.Netherlands’s Consumer – Price trends (next 12 months) decreased to 30.9 by -1369.0% on January 2021 from 35.8 in the previous . On a year on year basis Netherlands’s Consumer – Price trends (next 12 months) increased by 266.0%. Netherlands’s Consumer – Price trends (next 12 months) trend is down since the current value of 30.9 is lower than the 12 month moving average of 40.5417.Netherlands’s Consumer – Unemployment expectations (next 12 months) decreased to 68.3 by -1037.0% on January 2021 from 76.2 in the previous . On a year on year basis Netherlands’s Consumer – Unemployment expectations (next 12 months) increased by 69419.0%. Netherlands’s Consumer – Unemployment expectations (next 12 months) trend is down since the current value of 68.3 is lower than the 12 month moving average of 47.9417.Netherlands’s Consumer – Major purchases (next 12 months) decreased to -13.9 by -2278.0% on January 2021 from -18.0 in the previous . On a year on year basis Netherlands’s Consumer – Major purchases (next 12 months) increased by 775.0%. Netherlands’s Consumer – Major purchases (next 12 months) trend is down since the current value of -13.9 is lower than the 12 month moving average of -17.2333.Netherlands’s Consumer – Savings (next 12 months) icnreased to 23.8 by 1122.0% on January 2021 from 21.4 in the previous . On a year on year basis Netherlands’s Consumer – Savings (next 12 months) increased by 11835.0%. Netherlands’s Consumer – Savings (next 12 months) trend is down since the current value of 23.8 is lower than the 12 month moving average of 17.425.Netherlands’s Consumer – Households Financial situation icnreased to 31.7 by 567.0% on January 2021 from 30.0 in the previous . On a year on year basis Netherlands’s Consumer – Households Financial situation increased by 3099.0%. Netherlands’s Consumer – Households Financial situation trend is down since the current value of 31.7 is lower than the 12 month moving average of 28.275.

Netherlands Manufacturing activity

Manufacturing Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
manufacturing pmi 68.8 69.4 -0.00864553 0.522124 1.0 1.0 0.966667 2021-06-30
Manufacturing sector 7 -2.3 -4.04348 -1.26217 1.0 1.0 0.233333 2021-04-01
Manufacturing - Order Books 0.1 -11.7 -1.00855 -1.00474 1.0 1.0 0.416667 2021-04-01
Manufacturing - Selling Price expectations (next months) 23.6 13.1 0.801527 -34.7143 1.0 1.0 0.0166667 2021-04-01
Manufacturing - Production trend (recent months) 12.3 5.3 1.32075 -2.29474 1.0 1.0 0.116667 2021-04-01
Manufacturing - Export Order Books -0.7 -9.8 -0.928571 -0.967593 1.0 1.0 0.35 2021-04-01
Manufacturing - Finished Products (Stock Levels) 2.8 4.5 -0.377778 -0.72 -1.0 -1.0 0.0166667 2021-04-01
Manufacturing - Production expectations (next months) 23.7 9.3 1.54839 -1.48466 1.0 1.0 0.116667 2021-04-01
industrial production 8.4 2.2 2.81818 -2.12 1.0 1.0 0.25 2021-04-30
industrial production mom -0.4 3.2 -1.125 -0.809524 -1.0 1.0 0.45 2021-04-30
capacity utilization 81.7 80 0.02125 -0.0227273 1.0 -1.0 0.333333 2020-10-01

Netherlands’s manufacturing pmi icnreased to 54.4 by 7.94% on November 2020 from 50.4 in the previous Monthly. On a year on year basis Netherlands’s manufacturing pmi increased by 9.68%. Netherlands’s manufacturing pmi trend is down since the current value of 54.4 is lower than the 12 month moving average of 48.8417.Netherlands’s Manufacturing sector decreased to -9.5 by -777.0% on January 2021 from -10.3 in the previous . On a year on year basis Netherlands’s Manufacturing sector increased by 227500.0%. Netherlands’s Manufacturing sector trend is down since the current value of -9.5 is lower than the 12 month moving average of -10.3333.Netherlands’s Manufacturing – Order Books decreased to -20.1 by -1223.0% on January 2021 from -22.9 in the previous . On a year on year basis Netherlands’s Manufacturing – Order Books increased by 191000.0%. Netherlands’s Manufacturing – Order Books trend is down since the current value of -20.1 is lower than the 12 month moving average of -17.75.Netherlands’s Manufacturing – Selling Price expectations (next months) decreased to 0.1 by -12500.0% on January 2021 from -0.4 in the previous . On a year on year basis Netherlands’s Manufacturing – Selling Price expectations (next months) decreased by -9839.0%. Netherlands’s Manufacturing – Selling Price expectations (next months) trend is down since the current value of 0.1 is lower than the 12 month moving average of 3.1.Netherlands’s Manufacturing – Production trend (recent months) decreased to 3.3 by -65000.0% on January 2021 from -0.6 in the previous . On a year on year basis Netherlands’s Manufacturing – Production trend (recent months) increased by 312.0%. Netherlands’s Manufacturing – Production trend (recent months) trend is down since the current value of 3.3 is lower than the 12 month moving average of -9.15.Netherlands’s Manufacturing – Export Order Books decreased to -18.7 by -1010.0% on January 2021 from -20.8 in the previous . On a year on year basis Netherlands’s Manufacturing – Export Order Books increased by 61923.0%. Netherlands’s Manufacturing – Export Order Books trend is down since the current value of -18.7 is lower than the 12 month moving average of -16.825.Netherlands’s Manufacturing – Finished Products (Stock Levels) icnreased to 4.5 by 1538.0% on January 2021 from 3.9 in the previous . On a year on year basis Netherlands’s Manufacturing – Finished Products (Stock Levels) decreased by -1000.0%. Netherlands’s Manufacturing – Finished Products (Stock Levels) trend is down since the current value of 4.5 is lower than the 12 month moving average of 6.33333.Netherlands’s Manufacturing – Production expectations (next months) On a year on year basis Netherlands’s Manufacturing – Production expectations (next months) decreased by -18542.0%. Netherlands’s Manufacturing – Production expectations (next months) trend is down since the current value of -4.1 is lower than the 12 month moving average of -6.94167.Netherlands’s industrial production icnreased to -5.7 by 46.15% on September 2020 from -3.9 in the previous Monthly. On a year on year basis Netherlands’s industrial production decreased by -618.18%. Netherlands’s industrial production trend is down since the current value of -5.7 is lower than the 12 month moving average of -3.68333.Netherlands’s industrial production mom decreased to -0.3 by -142.86% on September 2020 from 0.7 in the previous Monthly. On a year on year basis Netherlands’s industrial production mom decreased by -125.0%. Netherlands’s industrial production mom trend is down since the current value of -0.3 is lower than the 12 month moving average of -0.466667.Netherlands’s capacity utilization icnreased to 79.2 by 2.99% on August 2020 from 76.9 in the previous Quarterly. On a year on year basis Netherlands’s capacity utilization decreased by -4.92%. Netherlands’s capacity utilization trend is down since the current value of 79.2 is lower than the 12 month moving average of 82.1.

 

Netherlands Services activity

Services Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
Services sector 2.4 -11.4 -1.21053 -1.06202 1.0 1.0 0.2 2021-04-01
Services - Demand Expectations (next 3 months) 17 -2 -9.5 -1.27642 1.0 1.0 0.166667 2021-04-01
Services - Prices expectations (next 3 months) 10.5 4.4 1.38636 -3.76316 1.0 1.0 0.0166667 2021-04-01
Services - Business activity (past 3 months) -9.3 -18.6 -0.5 -0.720721 1.0 1.0 0.3 2021-04-01
Services - Demand (past 3 months) -0.5 -13.7 -0.963504 -0.976744 1.0 1.0 0.183333 2021-04-01
Services - Employment (past 3 months) -5.8 -12.7 -0.543307 -0.0491803 1.0 1.0 0.566667 2021-04-01
Services - Employment (next 3 months) 11.9 1.3 8.15385 -1.41463 1.0 1.0 0.233333 2021-04-01

Netherlands’s Services sector icnreased to -14.2 by 1545.0% on January 2021 from -12.3 in the previous . On a year on year basis Netherlands’s Services sector decreased by -29452.0%. Netherlands’s Services sector trend is down since the current value of -14.2 is lower than the 12 month moving average of -15.425.Netherlands’s Services – Demand Expectations (next 3 months) On a year on year basis Netherlands’s Services – Demand Expectations (next 3 months) decreased by -27048.0%. Netherlands’s Services – Demand Expectations (next 3 months) trend is down since the current value of -17.9 is lower than the 12 month moving average of -10.1833.Netherlands’s Services – Prices expectations (next 3 months) decreased to 1.0 by -6000.0% on January 2021 from 2.5 in the previous . On a year on year basis Netherlands’s Services – Prices expectations (next 3 months) decreased by -8980.0%. Netherlands’s Services – Prices expectations (next 3 months) trend is down since the current value of 1.0 is lower than the 12 month moving average of 5.7.Netherlands’s Services – Business activity (past 3 months) decreased to -20.5 by -284.0% on January 2021 from -21.1 in the previous . On a year on year basis Netherlands’s Services – Business activity (past 3 months) increased by 136429.0%. Netherlands’s Services – Business activity (past 3 months) trend is down since the current value of -20.5 is lower than the 12 month moving average of -23.65.Netherlands’s Services – Demand (past 3 months) decreased to -4.2 by -29091.0% on January 2021 from 2.2 in the previous . On a year on year basis Netherlands’s Services – Demand (past 3 months) decreased by -13333.0%. Netherlands’s Services – Demand (past 3 months) trend is down since the current value of -4.2 is lower than the 12 month moving average of -12.4917.Netherlands’s Services – Employment (past 3 months) decreased to -14.9 by -1131.0% on January 2021 from -16.8 in the previous . On a year on year basis Netherlands’s Services – Employment (past 3 months) decreased by -31912.0%. Netherlands’s Services – Employment (past 3 months) trend is down since the current value of -14.9 is lower than the 12 month moving average of -8.80833.Netherlands’s Services – Employment (next 3 months) decreased to -12.9 by -786.0% on January 2021 from -14.0 in the previous . On a year on year basis Netherlands’s Services – Employment (next 3 months) decreased by -20488.0%. Netherlands’s Services – Employment (next 3 months) trend is down since the current value of -12.9 is lower than the 12 month moving average of -6.3.

Netherlands Retail Sector

 

Retail Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
Retail sector 1 -9.7 -1.10309 -1.06711 1.0 1.0 0.166667 2021-04-01
Retail - Orders Expectations (next 3 months) 11.4 -5.3 -3.15094 -1.33043 1.0 1.0 0.166667 2021-04-01
Retail - Prices expectations (next 3 months) 6.9 -0.3 -24 -3.65385 1.0 1.0 0.05 2021-04-01
Retail - Business activity (past 3 months) 1.3 -10.1 -1.12871 -0.896825 1.0 -1.0 0.133333 2021-04-01
Retail - Stock Levels 13 15 -0.133333 -0.265537 1.0 -1.0 0.133333 2021-04-01
Retail - Business activity expectations (next 3 months) 14.7 -4.1 -4.58537 -1.37215 1.0 1.0 0.133333 2021-04-01
Retail - Employment expectations (next 3 months) 3.9 1.4 1.78571 -1.24074 1.0 1.0 0.133333 2021-04-01
retail sales 9.7 9.7 0 0.127907 1.0 1.0 0.533333 2021-05-31
retail sales MoM 9.7 -0.3 -33.3333 -3.62162 1.0 1.0 0.15 2021-05-31

Netherlands’s Retail sector icnreased to -2.9 by 16364.0% on January 2021 from -1.1 in the previous . On a year on year basis Netherlands’s Retail sector decreased by -16591.0%. Netherlands’s Retail sector trend is down since the current value of -2.9 is lower than the 12 month moving average of -1.09167.Netherlands’s Retail – Orders Expectations (next 3 months) icnreased to -4.0 by 10000.0% on January 2021 from -2.0 in the previous . On a year on year basis Netherlands’s Retail – Orders Expectations (next 3 months) decreased by -143333.0%. Netherlands’s Retail – Orders Expectations (next 3 months) trend is down since the current value of -4.0 is lower than the 12 month moving average of -1.4.Netherlands’s Retail – Prices expectations (next 3 months) icnreased to -1.2 by 50000.0% on January 2021 from -0.2 in the previous . On a year on year basis Netherlands’s Retail – Prices expectations (next 3 months) decreased by -12069.0%. Netherlands’s Retail – Prices expectations (next 3 months) trend is down since the current value of -1.2 is lower than the 12 month moving average of 2.24167.Netherlands’s Retail – Business activity (past 3 months) decreased to 6.8 by -2917.0% on January 2021 from 9.6 in the previous . On a year on year basis Netherlands’s Retail – Business activity (past 3 months) decreased by -4848.0%. Netherlands’s Retail – Business activity (past 3 months) trend is down since the current value of 6.8 is lower than the 12 month moving average of 7.48333.Netherlands’s Retail – Stock Levels decreased to 7.1 by -1446.0% on January 2021 from 8.3 in the previous . On a year on year basis Netherlands’s Retail – Stock Levels decreased by -2828.0%. Netherlands’s Retail – Stock Levels trend is down since the current value of 7.1 is lower than the 12 month moving average of 9.49167.Netherlands’s Retail – Business activity expectations (next 3 months) icnreased to -8.2 by 8222.0% on January 2021 from -4.5 in the previous . On a year on year basis Netherlands’s Retail – Business activity expectations (next 3 months) decreased by -18283.0%. Netherlands’s Retail – Business activity expectations (next 3 months) trend is down since the current value of -8.2 is lower than the 12 month moving average of -1.21667.Netherlands’s Retail – Employment expectations (next 3 months) decreased to -1.0 by -8507.0% on January 2021 from -6.7 in the previous . On a year on year basis Netherlands’s Retail – Employment expectations (next 3 months) decreased by -11786.0%. Netherlands’s Retail – Employment expectations (next 3 months) trend is down since the current value of -1.0 is lower than the 12 month moving average of -1.925.Netherlands’s retail sales decreased to 7.1 by -5.33% on October 2020 from 7.5 in the previous Monthly. On a year on year basis Netherlands’s retail sales increased by 97.22%. Netherlands’s retail sales trend is down since the current value of 7.1 is lower than the 12 month moving average of 6.00833.Netherlands’s retail sales MoM decreased to -0.2 by -81.82% on October 2020 from -1.1 in the previous Monthly. On a year on year basis Netherlands’s retail sales MoM decreased by -150.0%. Netherlands’s retail sales MoM trend is down since the current value of -0.2 is lower than the 12 month moving average of 0.616667.

Netherlands Construction Sector

 

Construction Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
Construction sector 21.8 11.5 0.895652 -2.744 1.0 1.0 0.05 2021-04-01
Construction - Current Order Books 19.6 7.7 1.54545 -3.72222 1.0 1.0 0.0833333 2021-04-01
Construction - Prices over next 3 months 38.7 22.2 0.743243 1.46497 1.0 1.0 1 2021-04-01
Construction - Employment over next 3 months 24 15.2 0.578947 -2.34831 1.0 1.0 0.0166667 2021-04-01
building permits 7797 8099 -0.0372886 0.531827 1.0 1.0 0.95 2021-04-30
housing index 158.4 155.3 0.0199614 0.128205 1.0 1.0 1 2021-05-31
Construction - Building Activity (past 3 months) 11.3 7.7 0.467532 -2.08654 1.0 1.0 0.0333333 2021-04-01
Construction - Factors Limiting (None) 71.2 64.5 0.103876 0.61086 1.0 1.0 1 2021-04-01
Construction - Factors Limiting (Insufficient Demand) 9.2 11.2 -0.178571 -0.0891089 -1.0 -1.0 0.483333 2021-04-01
Construction - Factors Limiting (Weather) 5.5 3.8 0.447368 5.875 1.0 1.0 0.983333 2021-04-01
Construction - Factors Limiting (Shortage of labour force) 13.5 7.8 0.730769 1.45455 1.0 1.0 0.716667 2021-04-01
Construction - Factors Limiting (Shortage of material - equipment) 6.6 5.5 0.2 -0.223529 1.0 -1.0 0.383333 2021-04-01
Construction - Factors Limiting (Other) 0.3 0.2 0.5 -2.5 -1.0 1.0 0.0833333 2021-04-01
Construction - Factors Limiting (Financial Constraints) 3.5 15.1 -0.768212 -0.933962 -1.0 -1.0 0.0166667 2021-04-01

Netherlands’s Construction sector icnreased to 5.0 by 15000.0% on January 2021 from 2.0 in the previous . Netherlands’s Construction sector trend is down since the current value of 5.0 is lower than the 12 month moving average of 0.833333.Netherlands’s Construction – Current Order Books icnreased to 6.0 by 50000.0% on January 2021 from 1.0 in the previous . On a year on year basis Netherlands’s Construction – Current Order Books decreased by -6000.0%. Netherlands’s Construction – Current Order Books trend is down since the current value of 6.0 is lower than the 12 month moving average of 1.5.Netherlands’s Construction – Prices over next 3 months icnreased to 10.0 by 2500.0% on January 2021 from 8.0 in the previous . On a year on year basis Netherlands’s Construction – Prices over next 3 months decreased by -6000.0%. Netherlands’s Construction – Prices over next 3 months trend is down since the current value of 10.0 is lower than the 12 month moving average of 11.5.Netherlands’s Construction – Employment over next 3 months icnreased to 5.0 by 6667.0% on January 2021 from 3.0 in the previous . On a year on year basis Netherlands’s Construction – Employment over next 3 months increased by 15000.0%. Netherlands’s Construction – Employment over next 3 months trend is down since the current value of 5.0 is lower than the 12 month moving average of 0.916667.Netherlands’s building permits icnreased to 7024.0 by 28.88% on October 2020 from 5450.0 in the previous Monthly. On a year on year basis Netherlands’s building permits increased by 6.67%. Netherlands’s building permits trend is down since the current value of 7024.0 is lower than the 12 month moving average of 5128.33.Netherlands’s housing index icnreased to 146.8 by 0.34% on November 2020 from 146.3 in the previous Monthly. On a year on year basis Netherlands’s housing index increased by 8.9%. Netherlands’s housing index trend is down since the current value of 146.8 is lower than the 12 month moving average of 140.942.Netherlands’s Construction – Building Activity (past 3 months) decreased to 1.0 by -12500.0% on January 2021 from -4.0 in the previous . On a year on year basis Netherlands’s Construction – Building Activity (past 3 months) decreased by -9231.0%. Netherlands’s Construction – Building Activity (past 3 months) trend is down since the current value of 1.0 is lower than the 12 month moving average of -1.91667.Netherlands’s Construction – Factors Limiting (None) decreased to 67.0 by -429.0% on January 2021 from 70.0 in the previous . On a year on year basis Netherlands’s Construction – Factors Limiting (None) increased by 806.0%. Netherlands’s Construction – Factors Limiting (None) trend is down since the current value of 67.0 is lower than the 12 month moving average of 63.0.Netherlands’s Construction – Factors Limiting (Insufficient Demand) decreased to 9.0 by -1818.0% on January 2021 from 11.0 in the previous . On a year on year basis Netherlands’s Construction – Factors Limiting (Insufficient Demand) increased by 1250.0%. Netherlands’s Construction – Factors Limiting (Insufficient Demand) trend is down since the current value of 9.0 is lower than the 12 month moving average of 11.0.Netherlands’s Construction – Factors Limiting (Weather) On a year on year basis Netherlands’s Construction – Factors Limiting (Weather) increased by 2000.0%. Netherlands’s Construction – Factors Limiting (Weather) trend is down since the current value of 6.0 is lower than the 12 month moving average of 2.83333.Netherlands’s Construction – Factors Limiting (Shortage of labour force) icnreased to 6.0 by 2000.0% on January 2021 from 5.0 in the previous . On a year on year basis Netherlands’s Construction – Factors Limiting (Shortage of labour force) decreased by -6667.0%. Netherlands’s Construction – Factors Limiting (Shortage of labour force) trend is down since the current value of 6.0 is lower than the 12 month moving average of 7.25.Netherlands’s Construction – Factors Limiting (Shortage of material / equipment) icnreased to 4.0 by 30000.0% on January 2021 from 1.0 in the previous . Netherlands’s Construction – Factors Limiting (Shortage of material / equipment) trend is down since the current value of 4.0 is lower than the 12 month moving average of 3.16667.Netherlands’s Construction – Factors Limiting (Other) Netherlands’s Construction – Factors Limiting (Other) trend is down since the current value of 1.0 is lower than the 12 month moving average of 1.0.Netherlands’s Construction – Factors Limiting (Financial Constraints) decreased to 14.0 by -667.0% on January 2021 from 15.0 in the previous . On a year on year basis Netherlands’s Construction – Factors Limiting (Financial Constraints) decreased by -3913.0%. Netherlands’s Construction – Factors Limiting (Financial Constraints) trend is down since the current value of 14.0 is lower than the 12 month moving average of 21.6667.

Netherlands GDP

 

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
Real GDP 183372 184222 -0.004614 -0.00769506 -1.0 -1.0 0.1 2020-11-01
gdp growth annual -2.4 -2.9 -0.172414 -1.92308 -1.0 -1.0 0.25 2021-01-01
gdp 909.07 914.105 -0.00550812 0.0726717 1.0 1.0 0 2019-01-31
gdp growth -0.8 7.5 -1.10667 -2 -1.0 -1.0 0.241667 2021-01-01

Netherlands’s Real GDP icnreased to 184221.0 by 7.68% on May 2020 from 171077.0 in the previous Quarterly. On a year on year basis Netherlands’s Real GDP increased by 1.11%. Netherlands’s Real GDP trend is down since the current value of 184221.0 is lower than the 12 month moving average of 185632.0.Netherlands’s gdp growth annual decreased to -2.5 by -73.4% on May 2020 from -9.4 in the previous Quarterly. On a year on year basis Netherlands’s gdp growth annual decreased by -189.29%. Netherlands’s gdp growth annual trend is down since the current value of -2.5 is lower than the 12 month moving average of 0.558333.Netherlands’s gdp decreased to 909.07 by -0.55% on January 2019 from 914.105 in the previous Yearly. On a year on year basis Netherlands’s gdp increased by 7.27%. Netherlands’s gdp trend is down since the current value of 909.07 is lower than the 12 month moving average of 864.953.Netherlands’s gdp growth decreased to 7.7 by -190.59% on May 2020 from -8.5 in the previous Quarterly. On a year on year basis Netherlands’s gdp growth increased by 1000.0%. Netherlands’s gdp growth trend is down since the current value of 7.7 is lower than the 12 month moving average of 0.158333.

Netherlands inflation

 

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
inflation cpi 2 2.1 -0.047619 0.25 1.0 1.0 0.433333 2021-06-30
core inflation rate 1.9 1.6 0.1875 -0.0952381 1.0 -1.0 0.316667 2021-05-31
consumer price index cpi 109.67 109.46 0.00191851 0.0200912 1.0 1.0 0.716667 2021-06-30
Producer Price Index 112.3 110.8 0.0135379 0.123 1.0 1.0 1 2021-05-31
PPI Index 12.3 11.3 0.0884956 -2.70833 1.0 1.0 0.15 2021-05-31

Netherlands’s inflation cpi decreased to 0.8 by -33.33% on November 2020 from 1.2 in the previous Monthly. On a year on year basis Netherlands’s inflation cpi decreased by -69.23%. Netherlands’s inflation cpi trend is down since the current value of 0.8 is lower than the 12 month moving average of 1.41667.Netherlands’s core inflation rate decreased to 1.5 by -21.05% on November 2020 from 1.9 in the previous Monthly. On a year on year basis Netherlands’s core inflation rate decreased by -28.57%. Netherlands’s core inflation rate trend is down since the current value of 1.5 is lower than the 12 month moving average of 1.98333.Netherlands’s consumer price index cpi decreased to 107.61 by -0.79% on November 2020 from 108.47 in the previous Monthly. On a year on year basis Netherlands’s consumer price index cpi increased by 0.82%. Netherlands’s consumer price index cpi trend is down since the current value of 107.61 is lower than the 12 month moving average of 107.423.Netherlands’s Producer Price Index icnreased to 101.8 by 0.2% on November 2020 from 101.6 in the previous Monthly. On a year on year basis Netherlands’s Producer Price Index decreased by -4.05%. Netherlands’s Producer Price Index trend is down since the current value of 101.8 is lower than the 12 month moving average of 102.55.Netherlands’s PPI Index decreased to -4.1 by -12.77% on October 2020 from -4.7 in the previous Monthly. On a year on year basis Netherlands’s PPI Index increased by 241.67%. Netherlands’s PPI Index trend is down since the current value of -4.1 is lower than the 12 month moving average of -2.7774.

Netherlands Government Policy

 

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
government budget -4.3 1.8 -3.38889 42 -1.0 -1.0 0 2020-01-31
Government budget 4.9 -10.4 -1.47115 -0.721591 1.0 -1.0 0.533333 2021-01-01
government revenues 66.1 56.1 0.178253 0.182469 1.0 1.0 0.6 2021-01-01
fiscal expenditure 61.1 66.5 -0.081203 0.591146 1.0 1.0 0.983333 2021-01-01

Netherlands’s Government budget decreased to -17.6 by -26.97% on May 2020 from -24.1 in the previous Quarterly. On a year on year basis Netherlands’s Government budget decreased by -500.0%. Netherlands’s Government budget trend is down since the current value of -17.6 is lower than the 12 month moving average of -1.425.Netherlands’s government revenues icnreased to 57.3 by 84.24% on May 2020 from 31.1 in the previous Quarterly. On a year on year basis Netherlands’s government revenues increased by 17.42%. Netherlands’s government revenues trend is down since the current value of 57.3 is lower than the 12 month moving average of 52.4167.Netherlands’s fiscal expenditure icnreased to 74.9 by 35.44% on May 2020 from 55.3 in the previous Quarterly. On a year on year basis Netherlands’s fiscal expenditure increased by 68.69%. Netherlands’s fiscal expenditure trend is down since the current value of 74.9 is lower than the 12 month moving average of 53.85.

Netherlands Monetary Policy

 

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
interest rate 0.05 0.05 0 0 1.0 -1.0 0.791667 2016-03-09
central bank balance sheet 484835 486524 -0.00347157 0.265577 1.0 1.0 0.616667 2021-05-31
banks balance sheet 2654110 2636110 0.00682824 0.0112012 1.0 1.0 0.616667 2021-05-31
money supply m0 78656 77914 0.00952332 0.0892976 1.0 1.0 0.783333 2021-05-31
money supply m1 537547 517053 0.0396362 0.0826596 1.0 1.0 0.683333 2021-05-31
money supply m2 1014560 989408 0.0254213 0.0569566 1.0 1.0 0.75 2021-05-31
money supply m3 1024980 999916 0.0250661 0.0288722 1.0 1.0 0.633333 2021-05-31

Netherlands’s interest rate Netherlands’s interest rate trend is down since the current value of 0.05 is lower than the 12 month moving average of 0.05.Netherlands’s central bank balance sheet decreased to 473776.0 by -1.71% on October 2020 from 482037.0 in the previous Monthly. On a year on year basis Netherlands’s central bank balance sheet increased by 43.41%. Netherlands’s central bank balance sheet trend is down since the current value of 473776.0 is lower than the 12 month moving average of 386834.0.Netherlands’s banks balance sheet decreased to 2636690.0 by -0.19% on October 2020 from 2641720.0 in the previous Monthly. On a year on year basis Netherlands’s banks balance sheet increased by 5.94%. Netherlands’s banks balance sheet trend is down since the current value of 2636690.0 is lower than the 12 month moving average of 2580860.0.Netherlands’s money supply m2 decreased to 967788.0 by -0.43% on October 2020 from 971952.0 in the previous Monthly. On a year on year basis Netherlands’s money supply m2 increased by 9.25%. Netherlands’s money supply m2 trend is down since the current value of 967788.0 is lower than the 12 month moving average of 933815.0.

Netherlands Employment

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
EEI - Employment Composite 107.2 100.5 0.0666667 0.358682 1.0 1.0 1 2021-04-01
unemployment rate 3.3 3.4 -0.0294118 -0.0833333 -1.0 -1.0 0.733333 2021-05-31
youth unemployment rate 8.7 8.8 -0.0113636 -0.0842105 -1.0 -1.0 0.583333 2021-05-31
long term unemployment rate 1.1 1 0.1 -0.3125 1.0 -1.0 0.408333 2021-01-01

Netherlands’s EEI – Employment Composite icnreased to 92.3 by 210.0% on January 2021 from 90.4 in the previous . On a year on year basis Netherlands’s EEI – Employment Composite decreased by -1226.0%. Netherlands’s EEI – Employment Composite trend is down since the current value of 92.3 is lower than the 12 month moving average of 94.6583.Netherlands’s unemployment rate decreased to 4.0 by -6.98% on November 2020 from 4.3 in the previous Monthly. On a year on year basis Netherlands’s unemployment rate increased by 14.29%. Netherlands’s unemployment rate trend is down since the current value of 4.0 is lower than the 12 month moving average of 3.75833.Netherlands’s youth unemployment rate decreased to 9.4 by -6.93% on November 2020 from 10.1 in the previous Monthly. On a year on year basis Netherlands’s youth unemployment rate increased by 28.77%. Netherlands’s youth unemployment rate trend is down since the current value of 9.4 is lower than the 12 month moving average of 8.9.Netherlands’s long term unemployment rate icnreased to 0.9 by 28.57% on March 2020 from 0.7 in the previous Quarterly. On a year on year basis Netherlands’s long term unemployment rate decreased by -47.06%. Netherlands’s long term unemployment rate trend is down since the current value of 0.9 is lower than the 12 month moving average of 1.175.

 

Netherlands Trade & Capital Flows

 

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
current account 22608 12940 0.747141 -0.0302822 1.0 -1.0 0.4 2021-01-31
current account to gdp 7.8 9.9 -0.212121 0.56 -1.0 1.0 0 2020-01-31
exports 51446 41983 0.225401 0.194031 1.0 1.0 0.983333 2021-03-31
imports 44906 36839 0.21898 0.200631 1.0 1.0 0.983333 2021-03-31
balance of trade 6540 5145 0.271137 0.150396 1.0 1.0 0.716667 2021-03-31
capital flows 21213 8398 1.52596 -0.183079 1.0 -1.0 0.4 2021-01-30
foreign direct investment -44315 15636 -3.83416 8.62115 -1.0 -1.0 0 2020-10-31

Netherlands’s current account decreased to 12624.0 by -30.31% on April 2020 from 18115.0 in the previous Quarterly. On a year on year basis Netherlands’s current account decreased by -10.23%. Netherlands’s current account trend is down since the current value of 12624.0 is lower than the 12 month moving average of 19713.9.Netherlands’s current account to gdp decreased to 10.2 by -6.42% on January 2019 from 10.9 in the previous Yearly. On a year on year basis Netherlands’s current account to gdp increased by 47.83%. Netherlands’s current account to gdp trend is down since the current value of 10.2 is lower than the 12 month moving average of 8.4.Netherlands’s exports icnreased to 44480.0 by 5.54% on October 2020 from 42145.0 in the previous Monthly. On a year on year basis Netherlands’s exports decreased by -4.71%. Netherlands’s exports trend is down since the current value of 44480.0 is lower than the 12 month moving average of 40290.4.Netherlands’s imports icnreased to 36715.0 by 0.11% on October 2020 from 36675.0 in the previous Monthly. On a year on year basis Netherlands’s imports decreased by -9.08%. Netherlands’s imports trend is down since the current value of 36715.0 is lower than the 12 month moving average of 35505.3.Netherlands’s balance of trade icnreased to 7765.0 by 41.96% on October 2020 from 5470.0 in the previous Monthly. On a year on year basis Netherlands’s balance of trade increased by 22.94%. Netherlands’s balance of trade trend is down since the current value of 7765.0 is lower than the 12 month moving average of 4785.08.Netherlands’s capital flows icnreased to 17153.0 by 161.16% on May 2020 from 6568.0 in the previous Quarterly. On a year on year basis Netherlands’s capital flows decreased by -10.64%. Netherlands’s capital flows trend is down since the current value of 17153.0 is lower than the 12 month moving average of 19878.2.Netherlands’s foreign direct investment decreased to -74753.0 by -0.39% on January 2020 from -75042.0 in the previous Quarterly. On a year on year basis Netherlands’s foreign direct investment decreased by -165.06%. Netherlands’s foreign direct investment trend is down since the current value of -74753.0 is lower than the 12 month moving average of -22672.3.

Netherlands Reserves

 

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
foreign exchange reserves 43438 44272 -0.0188381 -0.00401257 -1.0 -1.0 0.416667 2021-06-30
gold reserves 612.45 612.5 -0.0000816327 0 -1.0 -1.0 0.641667 2020-07-01

Netherlands’s foreign exchange reserves decreased to 42882.0 by -6.28% on November 2020 from 45757.0 in the previous Monthly. On a year on year basis Netherlands’s foreign exchange reserves increased by 9.95%. Netherlands’s foreign exchange reserves trend is down since the current value of 42882.0 is lower than the 12 month moving average of 43121.5.Netherlands’s gold reserves decreased to 612.45 by -0.01% on July 2020 from 612.5 in the previous Quarterly. Netherlands’s gold reserves trend is down since the current value of 612.45 is lower than the 12 month moving average of 612.483.Netherlands’s government debt icnreased to 469772.0 by 11.41% on April 2020 from 421651.0 in the previous Quarterly. On a year on year basis Netherlands’s government debt increased by 9.89%. Netherlands’s government debt trend is down since the current value of 469772.0 is lower than the 12 month moving average of 417370.0.Netherlands’s government debt to gdp decreased to 48.6 by -7.25% on January 2019 from 52.4 in the previous Yearly. On a year on year basis Netherlands’s government debt to gdp increased by 13.02%. Netherlands’s government debt to gdp trend is down since the current value of 48.6 is lower than the 12 month moving average of 59.9.Netherlands’s external debt decreased to 3883490.0 by -0.28% on November 2019 from 3894260.0 in the previous Quarterly. On a year on year basis Netherlands’s external debt decreased by -2.29%. Netherlands’s external debt trend is down since the current value of 3883490.0 is lower than the 12 month moving average of 3898060.0.

Netherlands Debt

 

Debt Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
government debt 469886 452332 0.0388078 0.14634 1.0 1.0 0.633333 2021-04-01
government debt to gdp 54.5 48.7 0.119097 -0.00365631 -1.0 -1.0 0 2020-01-31
external debt 3580140 3669960 -0.0244744 -0.110858 -1.0 -1.0 0.0166667 2021-01-01

Netherlands’s government debt icnreased to 469772.0 by 11.41% on April 2020 from 421651.0 in the previous Quarterly. On a year on year basis Netherlands’s government debt increased by 9.89%. Netherlands’s government debt trend is down since the current value of 469772.0 is lower than the 12 month moving average of 417370.0.Netherlands’s government debt to gdp decreased to 48.6 by -7.25% on January 2019 from 52.4 in the previous Yearly. On a year on year basis Netherlands’s government debt to gdp increased by 13.02%. Netherlands’s government debt to gdp trend is down since the current value of 48.6 is lower than the 12 month moving average of 59.9.Netherlands’s external debt decreased to 3883490.0 by -0.28% on November 2019 from 3894260.0 in the previous Quarterly. On a year on year basis Netherlands’s external debt decreased by -2.29%. Netherlands’s external debt trend is down since the current value of 3883490.0 is lower than the 12 month moving average of 3898060.0.

 

Netherlands Banking activity

 

Fiscal Policy Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
interbank rate -0.33 -0.33 0 0 1.0 -1.0 0.35 2021-02-28
bank lending rate 0.39 0.41 -0.0487805 -0.170213 -1.0 -1.0 0.75 2021-05-31
loans to private sector 305637 301890 0.0124118 -0.000320539 1.0 -1.0 0.766667 2021-05-31

Netherlands’s interbank rate icnreased to -0.436 by 9.55% on July 2019 from -0.398 in the previous Monthly. On a year on year basis Netherlands’s interbank rate increased by 36.68%. Netherlands’s interbank rate trend is down since the current value of -0.436 is lower than the 12 month moving average of -0.337667.Netherlands’s bank lending rate icnreased to 0.44 by 10.0% on September 2020 from 0.4 in the previous Monthly. On a year on year basis Netherlands’s bank lending rate decreased by -41.33%. Netherlands’s bank lending rate trend is down since the current value of 0.44 is lower than the 12 month moving average of 0.525.Netherlands’s loans to private sector decreased to 297444.0 by -0.17% on October 2020 from 297954.0 in the previous Monthly. On a year on year basis Netherlands’s loans to private sector decreased by -2.44%. Netherlands’s loans to private sector trend is down since the current value of 297444.0 is lower than the 12 month moving average of 301936.0.

 

Netherlands macroeconomic model analysis

The two most important economic indicators of the Netherlands economy are real economic growth expectations and inflation. MacroVar uses Netherlands Manufacturing ESI Order Books to gauge economic growth expectations and Netherlands Manufacturing ESI Selling Price expectations of next months to gauge inflation expectations. Netherlands’s economy is healthy when it generates stable economic growth with low inflation. Policymakers (the government and the central bank) use fiscal and monetary policy to inject liquidity during slowdowns (to solve weak economic growth) and withdraw liquidity from an overheating economy (to solve high inflation).

The four economic environments

There are 4 economic environments based on economic growth and inflationary conditions. Financial assets are affected by economic growth and inflation expectations as explained in the diagram below.
MacroVar Growth Inflation Model

  • Inflation boom: Accelerating Economic growth with Rising inflation – Monetary Policy response: Hawkish
  • Stagflation: Slowing Economic Growth with Rising Inflation – Monetary Policy response: Dilemma
  • Disinflation boom: Accelerating Economic growth with Slowing Inflation – Monetary Policy response: Neutral
  • Deflation Bust: : Slowing Economic Growth with Falling Inflation – Monetary Policy response: Dovish
Read more on how to analyze a country’s macroeconomics in detail. MacroVar also provides a detailed analysis of  the global economy and the 40 largest economic in the world.Click here to learn more.

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