Netherlands real GDPNetherlands real GDPNetherlands real GDP

Netherlands real GDP

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Key data points

Last release
Observation period
Q1 2024
Next release
Forecast
Highest
‪203.48 B‬EUR on Dec 31, 2022
Lowest
‪79.96 B‬EUR on Mar 31, 1988

About Netherlands real GDP

Category
GDP
Frequency
Quarterly
Units
EUR

Frequently Asked Questions

Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Netherlands real GDP was 201.663 B EUR, and the quarter before that it reached 201.88 B EUR.