Kingdom of the Netherlands-Netherlands: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Alternate Executive Director for the Kingdom of the Netherlands-Netherlands

April 3, 2017

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Format: Chicago

Kingdom of the Netherlands-Netherlands: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Alternate Executive Director for the Kingdom of the Netherlands-Netherlands, (USA: International Monetary Fund, 2017) accessed November 24, 2024

Summary

This 2016 Article IV Consultation highlights broad-based economic recovery in the Netherlands, which has been gathering speed. Real growth is forecast to reach 2.1 percent in 2016 owing to strong consumption and investment, reflecting improving confidence and rising housing prices, while net exports are expected to slow as a result of weak external demand. Unemployment has been rapidly declining against the backdrop of an increasing labor supply. The economy is expected to keep its momentum in the coming years. Domestic consumption and investment are forecast to remain the main drivers of growth, prompting a gradual decline in the current account surplus. Inflation is expected to pick up along with the closing of the output gap.

Subject: Housing, Housing prices, Labor, Labor markets, Labor taxes, Mortgages, National accounts, Prices, Taxes

Keywords: Authority, CR, Europe, Global, Government finance statistics data, Housing, Housing prices, IMF staff calculation, ISCR, Labor markets, Labor taxes, Money market rate, Q3, Solvency II regime, Staff, Supervisory authority

Publication Details

Pages:

53
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2017/077
Stock No:

1NLDEA2017001
ISBN:

9781475591491
ISSN:

1934-7685

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