Kingdom of the Netherlands - Netherlands : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Kingdom of the Netherlands—Netherlands

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

May 28, 2018

Electronic Access:

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Summary:

This 2018 Article IV Consultation highlights that the Netherland’s economic recovery has taken hold. Real growth is forecast to reach 3.1 percent in 2018 owing to robust domestic demand. Private consumption has been supported by rising disposable income and positive wealth effects from increasing housing prices. Net exports have proven resilient to global uncertainties, pushing up the already large current account surplus. Unemployment has continued to decline rapidly, although most of the jobs have been created under temporary contracts or self-employment status. 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 of the current account surplus.

Series:

Country Report No. 18/130

Subject:

English

Publication Date:

May 28, 2018

ISBN/ISSN:

9781484357804/1934-7685

Stock No:

1NLDEA2018001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

59

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