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Netherlands flag

Europe & Central Asia

Netherlands GDP

Gross Domestic Product in current US dollars.

Latest Value

$1.21T

As of 2024

YoY Change

+7.0%

2023 → 2024

Record High

$1.21T

Recorded in 2024

Record Low

$13.28B

Recorded in 1960

10-Year Average

$966.38B

2015–2024

Data Range

1960–2024

65 data points

Source

World Bank

Code: NY.GDP.MKTP.CD

Historical Trend

19602024

Analysis

The Netherlands has a significant GDP of over 1.2 trillion US dollars as of 2024, indicating a strong and stable economy. This performance is likely driven by its highly developed agricultural sector, a strong services sector, and a favorable business environment. The country's strategic location and well-developed infrastructure also contribute to its economic success.

Historical Data

ValueYoY ChangeChange %
2024$1.21T$79.45B+7.0%
2023$1.14T$88.94B+8.5%
2022$1.05T$7.93B-0.8%
2021$1.05T$121.91B+13.1%
2020$932.56B$3.66B+0.4%
2019$928.90B$830.59M-0.1%
2018$929.73B$81.50B+9.6%
2017$848.23B$51.07B+6.4%
2016$797.16B$21.42B+2.8%
2015$775.74B$125.81B-14.0%

Source: World Bank Open Data · 1960–2024