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June 22, 2021

Projections June 2021

Forecast

The 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.

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June 22, 2021

Projections June 2021, figures

Figure

The 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.

June 22, 2021

Actualisatie Verkenning middellange termijn 2022-2025 (juni 2021)

Forecast (in Dutch only)

Naast het Juniraming 2021 is vandaag een actualisatie van de middellangetermijnverkenning gepubliceerd. Deze kan worden gebruikt voor de doorrekening van het regeerakkoord.

June 22, 2021

Fan Charts June 2021

Page

The figures present fan charts around the Projections June 2021 point forecasts for GDP growth, HICP inflation, unemployment and general government financial balance.

June 22, 2021

Actualisatie MLT-raming juni 2021, cijfers

Figure (in Dutch only)

Naast de Juniraming 2021 is vandaag een actualisatie van de middellangetermijnverkenning gepubliceerd. Deze biedt een doorkijk naar 2022-2025 en kan worden gebruikt voor de doorrekening van het regeerakkoord.

April 21, 2021

The effect of the pandemic and Non-Pharmaceutical Interventions on household consumption

Publication

Most of the short-run decline in consumption during the first wave was a voluntary response to the health risks.

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March 31, 2021

Projections March 2021 (CEP 2021)

Forecast

Economic recovery in sight, but coronavirus effects linger on. In the baseline projections the economy is expected to grow by over 2% in 2021 and 3.5% in 2022.

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March 31, 2021

Projections March 2021 (CEP 2021), figures

Figure

After 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.

March 31, 2021

Actualisatie Verkenning middellange termijn 2022-2025 (maart 2021)

Forecast (in Dutch only)

Naast het Centraal Economisch Plan 2021 is vandaag een actualisatie van de middellangetermijn- verkenning gepubliceerd. Deze kan worden gebruikt voor de doorrekening van het regeerakkoord. De bbp-groei is 2,0% per jaar in 2022-2025.

March 31, 2021

Actualisatie MLT-raming maart 2021, cijfers

Figure (in Dutch only)

Naast het Centraal Economisch Plan 2021 is vandaag een actualisatie van de middellangetermijnverkenning gepubliceerd. Deze biedt een doorkijk naar 2022-2025 en kan worden gebruikt voor de doorrekening van het regeerakkoord.