but it has no majority in either house of parliament and is thus vulnerable. Amid new lockdowns and a jump in uncertainty, the ECB has all but pre-committed to a big policy package. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances. However, the economy is still firmly in the recession stage. Select at least one time series to view other relevant data. Measurement issues may be to blame. The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. World and regional statistics, national data, maps and rankings, Discover new signals and insights from leading alternative and fundamental data providers, Latest releases of new datasets and data updates from different sources around the world. Output is set to shrink by 8% in 2020 before picking up in 2021 if the current outbreak is overcome and restrictions are gradually lifted from mid‑May (the single‑hit scenario). Search and explore the world’s largest statistical database to find data. Our Insights blog presents deep data-driven analysis and visual content on important global issues from the expert data team at Knoema. Following six months of coalition negotiations a centre-right coalition was sworn in. We expect a contraction of 6% in 2020. The information about original data source is available only to registered users. Due to the high level of uncertainty in current global economic conditions, the April 2020 WEO database and statistical tables contain only these indicators: real GDP growth, consumer price index, current account balance, unemployment, per capita GDP growth, and fiscal balance. OECD Economic Outlook; Volume 2020, Issue 1; Netherlands; 2020 OECD Economic Outlook, Volume 2020 Issue 1 The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. Coronavirus second wave hits Europe in force, Public consumption: the curious case of the missing stimulus, 2021 budget paves way for further stimulus, ECB paves way for further stimulus in December. There is a newer version of this dataset available. Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data. Projections for these indicators are provided only through 2021. Rises in public spending are largely absent from many countries' national accounts. If there is a second wave of the virus later in 2020, GDP is expected to decrease by 10% and the rebound will be considerably slower (the double-hit scenario). French. Coverage is provided for all OECD member countries as well as for selected non-member countries. The Timorese authorities have revised the compilation methodology of GDP and, under the new classification, oil and gas revenue before September 2019, which was previously classified as export in national accounts, is now classified as primary income. As of February 1, 2020 the United Kingdom is no longer part of the European Union. Also available in: We expect the VVD to become the largest party after the election in March, forming another government led by Mark Rutte. As cases rise further, the Dutch government plans a further round of spending to prop up demand in the recovery period. Due to the high level of uncertainty in current global economic conditions, the April 2020 WEO database and statistical tables contain only these indicators: real GDP growth, consumer price … Countries across the continent implement new restrictions as cases and hospitalisations rise. German, Pent‑up consumption demand will drive the initial pick-up, with investment lagging due to spare capacity and lingering uncertainty, but output will remain below pre-crisis levels by the end of 2021 in both scenarios. Curated by Knoema’s data analysts to deliver leading short-term and long-term indicators and forecasts from trusted sources for each of the covered industries. Unemployment will remain well above 2019 levels throughout 2021. Knoema is the most comprehensive source of global decision-making data in the world. Inflation will fall again in 2020 thanks to the VAT increase at the start of 2019 dropping out of the calculation. Statistics Netherlands (CBS) reports that, as of mid-August, 10 out of the 13 indicators in the Business Cycle Tracer are positioned below their long … The fall is driven by domestic demand in both scenarios, including private consumption and investments. You can change your personal cookie settings through your internet browser settings. Approval was partially successful, following selected items could not be processed due to error, http://instance.metastore.ingenta.com/content/component/3105a8b4-en, South Georgia and the South Sandwich Islands, Perspectivas Económicas de la OCDE, junio de 2020. The description is composed by our digital data assistant. OECD iLibrary The coronavirus outbreak will cause a dramatic stoppage of economic activity in the first half of the year, despite some government stimulus. Automatic stabilisers and discretionary spending are supporting businesses and households, pushing the fiscal balance into deficit. The coronavirus outbreak will cause a dramatic stoppage of economic activity in the first half of the year, despite some government stimulus. This issue includes a general assessment of the macroeconomic situation, a series of notes on the macroeconomic and structural policy issues related to the COVID-19 outbreak and a chapter summarising developments and providing projections for each individual country. Our website uses cookies to improve your online experience. Another factor is the reduction in energy tax for households; Dutch-Economy-in-Focus-Outlook-2020 … The economy has been hard hit by the COVID-19 virus. but it has no majority in either house of parliament and is thus vulnerable. Netherlands. The Outlook … Are you sure you want to send the dataset for verification? Data for the United Kingdom are no longer included in the European Union composites. The departure of Mr Dijkhoff leaves the VVD without a clear successor as the March 2021 election approaches. Okay to continue Select one or more items in both lists to browse for the relevant content, Browse the selectedThemes and / or countries. The election in early 2017 produced a fragmented result, with the centre-right People's Party for Freedom and Democracy (VVD) remaining the largest party. They were placed on your computer when you launched this website. Netherlands: Demand, output and prices (double-hit scenario), Netherlands: Demand, output and prices (single-hit scenario), Netherlands: Two scenarios of real GDP and economic sentiment. Take a look at. We expect a contraction of 6% in 2020. English Quick data summaries and visualizations on trending industry, political, and socioeconomic topics from Knoema’s database. Following six months of coalition negotiations a centre-right coalition was sworn in. is the online library of the Organisation for Economic Cooperation and Development (OECD) featuring its books, papers and statistics and is the knowledge base of OECD's analysis and data. Integrate your data with the world’s data in a personalized and collaborative environment, purpose-built to support your organizational objectives. No claims are made regarding the accuracy of Netherlands Economy 2020 information contained here. Our tools allow individuals and organizations to discover, visualize, model, and present their data and the world’s data to facilitate better decisions and better outcomes. United States: Trade Deficit Widened to Record $84 Billion in August, IMF Global Growth Projections | Cautious Optimism Amidst COVID-19 Upsurge, Knoema Global Economic Outlook | Q2 2020 Explained, IMF: World Economic Outlook (WEO) Database, October 2020. All suggestions for corrections of any errors about Netherlands Economy 2020 should … The information about original data source is available only to Professional users.
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