one of five sources in the Netherlands that presented an economic outlook for 2020. From 2018 to 2019, GDP in the Netherlands showed a 1.8 percent growth. On March 9, 2020, Rabobank economists calculated that a 0.7 percent of GDP growth was expected for 2020. The source originally noted, however, that this is not only due to the coronavirus outbreak. The Netherlands also was going to feel the future effects of the United Kingdom leaving the EU, as the UK was one of the Netherlands’ biggest trading partners. During March 2020, the Dutch economy was also negatively impacted by events such as the U.S. -China trade war or the sudden drop in oil prices. By June 2020, the 0.7 percent GDP growth forecast was revised to minus 5.7 percent.
According to quarterly pulse monitors, the Dutch economy will face a recession in 2020 due to the coronavirus and geopolitical events. This according to GDP (volume) growth rate in the Netherlands from 2000 to 2019, with forecasts for 2020 and 2021
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Rabobank (RaboResearch - Economisch Onderzoek). (June 8, 2020). GDP (volume) growth rate in the Netherlands from 2000 to 2019, with forecasts for 2020 and 2021 [Graph]. In Statista. Retrieved June 15, 2024, from https://www.statista.com/statistics/1102977/gdp-growth-rate-in-the-netherlands/
Rabobank (RaboResearch - Economisch Onderzoek). "GDP (volume) growth rate in the Netherlands from 2000 to 2019, with forecasts for 2020 and 2021." Chart. June 8, 2020. Statista. Accessed June 15, 2024. https://www.statista.com/statistics/1102977/gdp-growth-rate-in-the-netherlands/
Rabobank (RaboResearch - Economisch Onderzoek). (2020). GDP (volume) growth rate in the Netherlands from 2000 to 2019, with forecasts for 2020 and 2021. Statista. Statista Inc.. Accessed: June 15, 2024. https://www.statista.com/statistics/1102977/gdp-growth-rate-in-the-netherlands/
Rabobank (RaboResearch - Economisch Onderzoek). "Gdp (Volume) Growth Rate in The Netherlands from 2000 to 2019, with Forecasts for 2020 and 2021." Statista, Statista Inc., 8 Jun 2020, https://www.statista.com/statistics/1102977/gdp-growth-rate-in-the-netherlands/
Rabobank (RaboResearch - Economisch Onderzoek), GDP (volume) growth rate in the Netherlands from 2000 to 2019, with forecasts for 2020 and 2021 Statista, https://www.statista.com/statistics/1102977/gdp-growth-rate-in-the-netherlands/ (last visited June 15, 2024)
GDP (volume) growth rate in the Netherlands from 2000 to 2019, with forecasts for 2020 and 2021 [Graph], Rabobank (RaboResearch - Economisch Onderzoek), June 8, 2020. [Online]. Available: https://www.statista.com/statistics/1102977/gdp-growth-rate-in-the-netherlands/