DON’T MISS
IamExpat FairIamExpat Job BoardIamExpat Webinars
Newsletters
EXPAT INFO
CAREER
HOUSING
EDUCATION
LIFESTYLE
EXPAT SERVICES
NEWS & ARTICLES
Home
Expat Info
Dutch news & articles
The Netherlands’ GDP surpasses 1 trillion euros for the first time
Never miss a thing!Sign up for our weekly newsletters with important news stories, expat events and special offers.
Keep me updated with exclusive offers from partner companies
By signing up, you agree that we may process your information in accordance with our privacy policy

The Netherlands’ GDP surpasses 1 trillion euros for the first time

Never miss a thing!Sign up for our weekly newsletters with important news stories, expat events and special offers.
Keep me updated with exclusive offers from partner companies
By signing up, you agree that we may process your information in accordance with our privacy policy
or
follow us for regular updates:



Related Stories

Report claims that cutting 30 percent ruling could damage Dutch economyReport claims that cutting 30 percent ruling could damage Dutch economy
Rabobank predicts modest growth for the Dutch economy in 2024Rabobank predicts modest growth for the Dutch economy in 2024
Most Dutch households will have more disposable income in 2024Most Dutch households will have more disposable income in 2024
ABN AMRO expects Dutch house prices to rise by 4 percent in 2024ABN AMRO expects Dutch house prices to rise by 4 percent in 2024
Dutch supermarkets achieved record revenues in 2023Dutch supermarkets achieved record revenues in 2023
Despite more calls for help, fewer Dutch businesses go bust than forecastDespite more calls for help, fewer Dutch businesses go bust than forecast
Number of Dutch vacancies falls as unemployment on the riseNumber of Dutch vacancies falls as unemployment on the rise
Less people in the Netherlands are on low incomesLess people in the Netherlands are on low incomes
For expats of all colours, shapes and sizes

Explore
Expat infoCareerHousingEducationLifestyleExpat servicesNews & articles
About us
IamExpat MediaAdvertisePost a jobContact usSitemap
More IamExpat
IamExpat Job BoardIamExpat HousingIamExpat FairsWebinarsNewsletters
Privacy
Terms of usePrivacy policyCookiesAvoiding scams

Never miss a thing!Sign up for expat events, news & offers, delivered once a week.
Keep me updated with exclusive offers from partner companies
By signing up, you agree that we may process your information in accordance with our privacy policy


© 2025 IamExpat Media B.V.
© 2025 IamExpat Media B.V.
Mar 6, 2024
Emily Proctor
Former Editor at IamExpat Media.Read more

The Dutch economy has surpassed the milestone of 1 trillion euros for the first time, according to new figures for the country’s 2023 GDP from Statistics Netherlands (CBS). CBS places the root of the growth in post-COVID recovery and high inflation. 

The Netherlands is the 18th largest economy in the world

Despite being the 68th largest country in the world by population, it ranks in 18th place for the size of its economy according to the IMF and is the fifth largest EU economy. CBS statistics show that the Netherlands’ economy had a value of just 330 billion euros in 1995, with the country surpassing the 550 billion mark in 2002. 

The Dutch economy only shrunk a little in the years following the 2008 financial crash, and in 2020 during the COVID-19 pandemic, but in all other years the Dutch economy continued to steadily grow. “GDP has grown relatively strongly in recent years,” CBS said. “This is partly due to the recovery after the coronavirus, but also due to the high inflation in recent years.”

The Netherlands’ economy has doubled in 20 years

The new statistics show that The Netherlands' economy has doubled in size in the past 20 years, fuelled in particular by high inflation in recent years. The Netherlands’ economy is a force for the EU, coming behind only Germany, France, Italy and Spain despite having a considerably smaller population.

Thumb image credit: Wolf-photography / Shutterstock.com

By Emily Proctor