Netherlands's GDP changed from approximately $193B 758M in 1980 to $1T 142B in 2024, showing an overall 489.7% sharply increased during the period.
The lowest GDP was recorded in 1984 at $142B 578M, and the highest in 2024 at $1T 142B.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 4.1%.
For comparison, the average annual growth rate of Belgium was 3.9%, and that of Germany was 3.9%.
Netherlands GDP from 1980 to 2024
The total market value of goods and services produced annually in Netherlands.
Overview of Netherlands's GDP (1980–2024)
The Gross Domestic Product (GDP) of Netherlands recorded a 489.7% sharply increased from 1980 to 2024.
The average GDP during this period was $584B 927M, and the median was $473B 527M.
GDP fluctuated within a range of $999B 935M, with a standard deviation of $307B 832M.
The average annual change was $22B 711M.
Highest and Lowest GDP Records
- Lowest GDP: 1984, $142B 578M
- Highest GDP: 2024, $1T 142B
- Most Recent GDP: 2024, $1T 142B
Notable Annual GDP Changes
- 2021: Significant increase in GDP
- 2015: Noticeable drop in GDP
Overall pattern: overall increase with some decline
Global Economic Events and Netherlands's GDP
COVID-19 Pandemic (2020)
- Period: From 2019 to 2020
- GDP Change: $910B 295M → $909B 65M
- Outcome: remained stable
2008 Global Financial Crisis
- Period: From 2007 to 2009
- GDP Change: $848B 659M → $870B 572M
- Outcome: increased
2001 Dot-com Bubble Burst
- Period: From 2000 to 2001
- GDP Change: $417B 664M → $431B 590M
- Outcome: increased
1998 Asian Financial Crisis
- Period: From 1997 to 1998
- GDP Change: $417B 329M → $438B 610M
- Outcome: increased
Key Economic Indicators of Netherlands (1980–2024)
| year | Nominal GDP | GDP per Capita | PPP per Capita | PPP GDP | GDP Growth | Current Account | Savings | Fiscal Balance | Population |
|---|---|---|---|---|---|---|---|---|---|
1980 | $ 193B 758M | $ 13,750.49 | $ 11,708.46 | $ 164B 984M | 0 % | -0.441 % | 23.13 % | 0 % | 14M 91K people |
1981 | $ 162B 400M | $ 11,429.73 | $ 12,644.87 | $ 179B 666M | -0.514 % | 2.356 % | 23.13 % | 0 % | 14M 209K people |
1982 | $ 157B 338M | $ 11,013.57 | $ 13,182.33 | $ 188B 321M | -1.283 % | 3.194 % | 22.90 % | 0 % | 14M 286K people |
1983 | $ 153B 179M | $ 10,682.31 | $ 13,887.15 | $ 199B 135M | 1.758 % | 3.322 % | 23.75 % | 0 % | 14M 340K people |
1984 | $ 142B 578M | $ 9,904.97 | $ 14,780.30 | $ 212B 756M | 3.118 % | 4.475 % | 25.11 % | 0 % | 14M 395K people |
1985 | $ 144B 655M | $ 10,008.04 | $ 15,588.56 | $ 225B 314M | 2.656 % | 2.936 % | 24.05 % | 0 % | 14M 454K people |
1986 | $ 201B 599M | $ 13,875.19 | $ 16,314.17 | $ 237B 36M | 3.126 % | 2.142 % | 24.78 % | 0 % | 14M 529K people |
1987 | $ 246B 928M | $ 16,895.40 | $ 16,927.92 | $ 247B 404M | 1.85 % | 1.695 % | 24.41 % | 0 % | 14M 615K people |
1988 | $ 264B 223M | $ 17,956.11 | $ 18,204.10 | $ 267B 872M | 4.585 % | 2.699 % | 26.68 % | 0 % | 14M 715K people |
1989 | $ 260B 531M | $ 17,597.26 | $ 19,645.04 | $ 290B 849M | 4.481 % | 3.853 % | 28.52 % | 0 % | 14M 805K people |
1990 | $ 321B 405M | $ 21,581.58 | $ 21,107.21 | $ 314B 341M | 4.178 % | 2.517 % | 26.74 % | 0 % | 14M 893K people |
1991 | $ 331B 97M | $ 22,057.79 | $ 22,180.48 | $ 332B 939M | 2.451 % | 2.255 % | 25.63 % | 0 % | 15M 10K people |
1992 | $ 366B 4M | $ 24,191.96 | $ 22,865.65 | $ 345B 938M | 1.589 % | 1.871 % | 25.18 % | 0 % | 15M 129K people |
1993 | $ 355B 931M | $ 23,356.33 | $ 23,532.31 | $ 358B 613M | 1.264 % | 3.71 % | 25.18 % | 0 % | 15M 239K people |
1994 | $ 382B 550M | $ 24,935.53 | $ 24,592.73 | $ 377B 291M | 3.009 % | 4.521 % | 26.21 % | 0 % | 15M 342K people |
1995 | $ 452B 710M | $ 29,350.80 | $ 25,666.44 | $ 395B 882M | 2.773 % | 5.693 % | 27.42 % | -4.482 % | 15M 424K people |
1996 | $ 450B 625M | $ 29,084.07 | $ 26,927.83 | $ 417B 217M | 3.494 % | 4.772 % | 27.33 % | 2.393 % | 15M 494K people |
1997 | $ 417B 329M | $ 26,808.39 | $ 28,443.20 | $ 442B 778M | 4.328 % | 6.009 % | 28.85 % | 2.368 % | 15M 567K people |
1998 | $ 438B 610M | $ 28,018.71 | $ 29,938.22 | $ 468B 659M | 4.668 % | 2.971 % | 25.91 % | 2.332 % | 15M 654K people |
1999 | $ 447B 493M | $ 28,393.85 | $ 31,675.18 | $ 499B 208M | 5.032 % | 3.504 % | 26.72 % | 3.371 % | 15M 760K people |