Netherlands: GDP grew 0.4% in all quarters of 2019 – ABN Amro

Gross domestic product (GDP) increased in the fourth quarter in the same numbers as did in the previous quarters of 2019. Senior economist at ABN Amro  |  14/02/2020 10:45

Gross domestic product (GDP) increased in the fourth quarter in the same numbers as did in the previous quarters of 2019. Senior economist at ABN Amro, Nico  Klene, shares the Dutch data. 

Key quotes

“Gross domestic product (GDP) advanced in the fourth quarter – according to provisional figures – by 0.4% compared to the previous quarter (qoq). That was the same increase as in the preceding three quarters of 2019. Fourth-quarter growth was virtually entirely attributable to domestic spending. Average growth for full-year 2019 came to 1.7% (2.6% in 2018).”

“We expect growth to be lower in the first quarter of this year. Investment will probably fall back at the start of this year after the strong increase at the end of 2019.”

“Due to the catch-up effect in the subsequent quarters, the coronavirus is only expected to have a very limited impact on average GDP growth in 2020.”

 

Share

Popular News

Show More Popular News

Market Insight's Views

Market Insight analyses will provide both fundamental and technical comprehensions on finance
and other asset classes for Market Insight viewers

Back

Login to Market Insight Account

Your Market Insight account gives you access to the tools that we offer our customers including our
Technical Studies & Sentiment for your accounts.

Forgot Password?

Don't you have a Market Insight account? With a few easy steps you can easily register to Market Insight

Create a Market Insight's Account

Your Market Insight account gives you access to the tools that we offer our customers including our Technical Studies & Sentiment for your accounts.

register_ty

Thank you!

Welcome to Market Insight family!

You have succesfully completed the registration.
We will send you an e-mail to give you some
instructions and our Terms and Conditions!
Our account representatives will be contacting you as
soon as possible. If you have any further questions
please do not hesitate to mail us via info@marketinsight.com