According to the International Monetary Fund (IMF), real GDP of Netherlands is forecast to grow by 3.2 percent in 2022 and 2.1 percent in 2023.
1) Real GDP growth rate: 2010 – 1.3 percent, 2011 – 1.6 percent, 2012 – -1.0 percent, 2013 – -0.1 percent, 2014 – 1.4 percent, 2015 – 2.0 percent, 2016 – 2.2 percent, 2017 – 2.9 percent, 2018 – 2.4 percent, 2019 – 2.0 percent, 2020 – -3.8 percent and 2021 – 3.8 percent.
Gross domestic product is the market value of all goods and services made in a country in a year. Annual percentages of constant price GDP are year-on-year changes. Expenditure-based GDP is total final expenditures at purchasers’ prices (including the f.o.b. value of exports of goods and services), less the f.o.b. value of imports of goods and services.
2) Projected real GDP growth rate: 2022 – 3.2 percent, 2023 – 2.1 percent, 2024 – 1.8 percent, 2025 – 1.6 percent and 2026 – 1.6 percent.
3) Nominal GDP in current prices, billions of Euro (code: EUR; sign: €): 2010 – €639.187 billion, 2011 – €650.359 billion, 2012 – €652.966 billion, 2013 – €660.463 billion, 2014 – €671.560 billion, 2015 – €690.008 billion, 2016 – €708.337 billion, 2017 – €738.146 billion, 2018 – €773.987 billion, 2019 – €813.055 billion, 2020 – €800.095 billion and 2021 – €843.612 billion.
4) Projected nominal GDP in current prices, billions of Euro: 2022 – €886.697 billion, 2023 – €920.709 billion, 2024 – €953.685 billion, 2025 – €987.360 billion and 2026 – €1,021.601 billion.
5) Nominal GDP in current prices, billions of U.S. dollars: 2010 – $848.073 billion, 2011 – $905.111 billion, 2012 – $839.455 billion, 2013 – $877.186 billion, 2014 – $892.398 billion, 2015 – $765.650 billion, 2016 – $783.844 billion, 2017 – $833.575 billion, 2018 – $914.458 billion, 2019 – $910.295 billion, 2020 – $913.134 billion and 2021 – $1,007.562 billion.
Values are based upon GDP in national currency converted to U.S. dollars using market exchange rates (yearly average).
6) Projected nominal GDP in current prices, billions of U.S. dollars: 2022 – $1,070.754 billion, 2023 – $1,128.019 billion, 2024 – $1,182.750 billion, 2025 – $1,237.823 billion and 2026 – $1,290.764 billion.
7) GDP PPP (Purchasing power parity) in current prices, billions of international dollars: 2010 – $750.418 billion, 2011 – $777.881 billion, 2012 – $792.042 billion, 2013 – $827.476 billion, 2014 – $830.319 billion, 2015 – $852.113 billion, 2016 – $890.399 billion, 2017 – $948.182 billion, 2018 – $993.753 billion, 2019 – $1,031.310 billion, 2020 – $1,003.813 billion and 2021 – $1,079.164 billion.
GDP PPP = gross domestic product based on purchasing power parity, international dollars. Average consumer price level in the US = 100%.
GDP PPP takes into account differences in the cost of living in different countries. Purchasing power parity means how much money would be needed to buy the same item basket in two different countries. Using a PPP basis is arguably more useful when comparing generalized differences in living standards between nations because PPP takes into account the relative cost of living and the inflation rates of the countries, rather than using only exchange rates, which may distort the real differences in income.
8) Projected GDP PPP in current prices, billions of international dollars: 2022 – $1,143.901 billion, 2023 – $1,195.315 billion, 2024 – $1,244.439 billion, 2025 – $1,292.056 billion and 2026 – $1,340.164 billion.
9) Nominal GDP per capita in current prices, U.S. dollars: 2010 – $51,165.8, 2011 – $54,342.1, 2012 – $50,175.6, 2013 – $52,277.0, 2014 – $53,026.5, 2015 – $45,302.8, 2016 – $46,165.2, 2017 – $48,799.9, 2018 – $53,224.7, 2019 – $52,672.5, 2020 – $52,456.1 and 2021 – $57,714.9.
GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.
10) Projected nominal GDP per capita in current prices, U.S. dollars: 2022 – $61,159.4, 2023 – $64,246.8, 2024 – $67,172.7, 2025 – $70,101.5 and 2026 – $72,893.3.
11) GDP PPP per capita in current prices, international dollars: 2010 – $45,274.1, 2011 – $46,703.3, 2012 – $47,341.6, 2013 – $49,314.5, 2014 – $49,337.7, 2015 – $50,418.7, 2016 – $52,440.8, 2017 – $55,509.3, 2018 – $57,839.9, 2019 – $59,674.8, 2020 – $57,665.3 and 2021 – $61,816.3.
Expressed in GDP in PPP dollars per person. Data are derived by dividing GDP in PPP dollars by total population.
12) Projected GDP PPP per capita in current prices, international dollars: 2022 – $65,337.5, 2023 – $68,079.7, 2024 – $70,676.3, 2025 – $73,172.8 and 2026 – $75,683.0.
13) GDP based on purchasing-power-parity (PPP) share of world total, percent: 2010 – 0.8 percent, 2011 – 0.8 percent, 2012 – 0.8 percent, 2013 – 0.8 percent, 2014 – 0.8 percent, 2015 – 0.8 percent, 2016 – 0.8 percent, 2017 – 0.8 percent, 2018 – 0.8 percent, 2019 – 0.8 percent, 2020 – 0.8 percent and 2021 – 0.7 percent.
Expressed in percent of world GDP in PPP dollars.
14) Projected GDP based on purchasing-power-parity (PPP) share of world total, percent: 2022 – 0.7 percent, 2023 – 0.7 percent, 2024 – 0.7 percent, 2025 – 0.7 percent and 2026 – 0.7 percent.
15) Deflator of Gross domestic product (index to the previous year), percent: 2010 – 100.9 percent, 2011 – 100.2 percent, 2012 – 101.4 percent, 2013 – 101.3 percent, 2014 – 100.3 percent, 2015 – 100.8 percent, 2016 – 100.5 percent, 2017 – 101.3 percent, 2018 – 102.4 percent, 2019 – 103.0 percent, 2020 – 102.3 percent and 2021 – 101.6 percent.
The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation.
16) Projected deflator of Gross domestic product (index to the previous year), percent: 2022 – 101.9 percent, 2023 – 101.7 percent, 2024 – 101.8 percent, 2025 – 101.9 percent and 2026 – 101.8 percent.
17) Output gap in percent of potential GDP, percent of potential GDP: 2010 – -0.7 percent, 2011 – -0.1 percent, 2012 – -1.8 percent, 2013 – -2.8 percent, 2014 – -2.5 percent, 2015 – -1.8 percent, 2016 – -1.2 percent, 2017 – -0.1 percent, 2018 – 0.7 percent, 2019 – 0.6 percent, 2020 – -1.8 percent and 2021 – -1.5 percent.
The output gap is actual minus potential output, as a percentage of potential output. Estimates of the output gap are subject to significant margins of uncertainty.
18) Projected output gap in percent of potential GDP, percent of potential GDP: 2022 – -0.8 percent.
19) Ratio of the average price level in Netherlands to the average price level in the United States, percent: 2010 – 113.0 percent, 2011 – 116.4 percent, 2012 – 106.0 percent, 2013 – 106.0 percent, 2014 – 107.5 percent, 2015 – 89.9 percent, 2016 – 88.0 percent, 2017 – 87.9 percent, 2018 – 92.0 percent, 2019 – 88.3 percent, 2020 – 91.0 percent and 2021 – 93.4 percent.
20) Projected ratio of the average price level in Netherlands to the average price level in the United States, percent: 2022 – 93.6 percent, 2023 – 94.4 percent, 2024 – 95.0 percent, 2025 – 95.8 percent and 2026 – 96.3 percent.
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Tags: English, GDP, GDP PPP, projected GDP, IMF
Source: BusinessForecast.by