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Concept Table Main Economic Indicators 2014-2017

Short-term forecast, 9 August 2016

Concept table Main Economic Indicators 2014-2017 of the upcoming Macro Economic Outlook 2017 (up to and including 2017), to be published on 20 September 2016.

Main conclusions

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Fan Charts

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Economic growth in the Netherlands, 2008-2017

>This chart depicts the growth of the Dutch economy in the Netherlands from 2008 - 2017.

Table 'Main economic indicators', 2014-2017

International items
  2014 2015 2016 2017
Relevant world trade volume goods
and services (%)

3.9

3.8

3.4

3.2

Export price competitors (goods and
services, non-commodities, %)

-1.3

6.0

-2.2

1.2

Crude oil price (dollar per barrel)

99.0

52.5

43.7

51.4

Exchange rate (dollar per euro)

1.33

1.11

1.11

1.11

Long-term interest rate the
Netherlands (level in %)

1.5

0.7

0.2

0.1


GDP and demand (volume)
  2014 2015 2016 2017
Gross domestic product
(GDP, economic growth, %)

1.4

2.0

1.7

1.6

Consumption households (%)

0.3

1.8

1.3

1.7

Consumption general government (%)

0.3

0.2

0.8

1.0

Capital formation including
changes in stock (%)

3.2

6.2

5.0

3.6

Exports of goods and services (%)

4.5

5.0

3.2

3.1

Imports of goods and services (%)

4.2

5.8

3.7

3.8


Prices, wages and purchasing power
  2014 2015 2016 2017
Price gross domestic product (%)

0.1

0.1

0.5

0.9

Export price goods and services
(non-energy, %)

-1.0

0.2

-1.5

0.9

Import price goods (%)

-2.7

-5.1

-3.7

2.1

Inflation, harmonised index of
consumer prices (hicp, %)

0.3

0.2

0.0

0.5

Contractual wages market sector (%)

1.0

1.3

1.6

1.6

Purchasing power, static, median,
all households (%)

1.3

1.1

2.7

0.7


Labour market
  2014 2015 2016 2017
Labour force (%)

-0.4

0.4

0.3

0.8

Active labour force (%)

-0.6

1.0

1.0

0.8

Unemployment
(in thousands of persons)

660

614

555

560

Unemployed rate (% of the labour force)

7.4

6.9

6.2

6.2


Market sector
  2014 2015 2016 2017
Production (%)

2.4

2.8

2.2

2.2

Labour productivity (hours, %)

1.6

1.6

0.6

1.3

Employment (hours, %)

0.8

1.2

1.6

0.8

Compensation per hour (%)

0.8

0.2

2.3

2.1

Labour share in enterprise income
(level in %)

78.7

77.1

78.1

78.1


Other items
  2014 2015 2016 2017
Private savings (% of disposable
household income)

-1.4

0.2

2.2

1.6

Current-account balance
(level in % GDP)

8.5

8.5

8.6

8.2


Public sector
  2014 2015 2016 2017
General government financial balance
(% GDP)

-2.3

-1.9

-1.2

-0.6

Gross debt general government
(% GDP)

67.9

65.1

63.5

62.0

Taxes and social security contributions
(% GDP)

37.5

37.7

38.3

38.6

CPB uses as of CEP 2016 hours worked instead of FTE as standard for labour input. This has implications for the figures on wage rates and employment. A CPB Background Document with more information is available (only in Dutch).

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