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Projections June 2021, figures
FigureThe economy is rapidly recovering, under decreasing numbers of new infections and increasing vaccination coverage. The economy is projected to grow by over 3% in both 2021 and 2022. Unemployment will remain limited to 4.1% in 2022, which hardly deviates from the average in 2017–2019, the period just before the coronavirus crisis. Although the GDP level is projected to be 1.5% lower in 2025 than anticipated before the crisis, it is more favourable than the 3% negative impact previously assumed. Thus, the amount of permanent economic damage due to the COVID-19 pandemic is expected to remain limited. →
Balansherstel bedrijven na corona
Publication (in Dutch only)Sommige bedrijven zitten door de coronacrisis zo diep in de schulden, dat het problematisch is. Vooral de horeca, cultuur en recreatie en vervoer en opslag zagen hun omzet scherp dalen. Overheidssteun hield deze en andere bedrijven in de lucht. Er is herstelbeleid nodig voor bedrijven die levensvatbaar zijn, maar te hoge schulden hebben. →
Business dynamics during the COVID pandemic
PublicationThe corona crisis has visible consequences for economic activity in the Netherlands. In 2020, 6.5% fewer businesses with at least 2 employees were established. This decline is not limited to the sectors most affected by health restrictions, such as the hotel and catering industry, as almost every sector saw a decrease in the number of starters last year. →
Presentatie 'De ongelijke effecten van de coronacrisis – en opties voor beleid'
Publication (in Dutch only)Presentatie 'De crisis voorbij? Het economisch beeld in het tweede coronajaar'
Publication (in Dutch only)
Projections March 2021 (CEP 2021), figures
FigureAfter the decrease in GDP that was caused by the second wave of the coronavirus, economic recovery is gradually gaining momentum in the second quarter. Growth is projected to accelerate in the second half of the year, increasing GDP by 2.2% in 2021 and 3.5% in 2022. By the end of 2021, it will be above the level of late 2019 again. These projections are based on the government's current policy intentions according to which financial support measures will expire at the end of June. Consumption will increase strongly once shops and restaurants fully reopen and consumer fears of becoming infected diminish as more people are vaccinated. The sharp increase in savings during the coronavirus-induced recession will allow for a strong growth in consumption. Investments will show a positive response to the increase in sales and the more favourable revenue expectations, supported by low financing costs. However, investment growth will be dampened by additional bankruptcies in certain sectors after termination of the support policy and as a result of the damage to the balance sheet suffered by companies during the virus outbreak. →
Authors
- Egbert Jongen (6)
- Beau Soederhuizen (5)
- Lisette Swart (5)
- Wiljan van den Berge (5)
- Sander Lammers (4)
- Benedikt Vogt (3)
- Bert Kramer (3)
- Bert Smid (3)
- Leon Bettendorf (3)
- Simon Rabaté (3)
- Adam Elbourne (2)
- Alice Zulkarnain (2)
- Bas Scheer (2)
- Bastiaan Overvest (2)
- Derk Visser (2)
- Ed Westerhout (2)
- Harro van Heuvelen (2)
- Jos Ebregt (2)
- Maria Zumbuehl (2)
- Paul Verstraten (2)
- Pieter Hasekamp (2)
- Sander van Veldhuizen (2)
- Ton Manders (2)
- Yvonne Adema (2)
- Anniek Trommelen (1)
- Daan Freeman (1)
- Fien van Solinge (1)
- Fozan Fareed (1)
- Gerbert Romijn (1)
- Gerdien Meijerink (1)
- Gijs Roelofs (1)
- Henk-Wim de Boer (1)
- Jochem Zweerink (1)
- Marcel Timmer (1)
- Marente Vlekke (1)
- Remco van Eijkel (1)
- Rob Luginbuhl (1)
- Rutger Teulings (1)
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