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%.
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.
Netherlands GDP from 1980 to 2024
The total market value of goods and services produced annually in Netherlands.
Data Source: International Monetary Fund
Image Source: Freepik from www.flaticon.com
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 |
