GDP growth rate 0.5 percent in Q4 2018

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According to the first estimate conducted by Statistics Netherlands GDP expanded by 0.5 percent in Q4 2018 relative to the previous quarter.

CBS (Centraal Bureau Voor De Statistiek)

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First estimate

The first estimate is conducted 45 days after the end of a quarter and is based on information available at that moment. CBS conducts this estimate to provide a first impression of the state of the Dutch economy. After the first estimate, new data become available constantly which are subsequently used for new calculations. The second estimate of economic growth will be published on Tuesday 26 March. In absolute terms, the adjustment of the second estimate relative to the first estimate has averaged 0.1 percentage points over the past half decade, with the two extremes ranging between - 0.3 and + 0.4 percentage points.

With each new calculation, CBS also fixes the new seasonally adjusted figures of previously reported quarters. The growth figure over Q3 2018 was adjusted downward by 0.1 percentage point. The growth figures over the first two quarters of 2018 have not been adjusted.


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