Netherlands - Exports of goods and services (% of GDP)

Exports of goods and services (% of GDP) in Netherlands was 77.86 as of 2020. Its highest value over the past 51 years was 84.68 in 2018, while its lowest value was 41.05 in 1969.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1969 41.05
1970 43.14
1971 43.41
1972 43.36
1973 45.41
1974 50.38
1975 47.49
1976 48.56
1977 45.94
1978 43.87
1979 47.86
1980 50.42
1981 54.89
1982 54.90
1983 54.59
1984 58.40
1985 59.90
1986 50.79
1987 49.45
1988 51.74
1989 55.03
1990 54.41
1991 55.11
1992 53.38
1993 52.61
1994 54.74
1995 57.22
1996 57.39
1997 60.36
1998 59.34
1999 59.91
2000 66.03
2001 63.30
2002 60.15
2003 59.28
2004 62.67
2005 65.63
2006 68.18
2007 68.78
2008 69.79
2009 62.24
2010 69.80
2011 75.50
2012 79.50
2013 79.88
2014 80.58
2015 82.66
2016 79.54
2017 83.39
2018 84.68
2019 82.54
2020 77.86

Limitations and Exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics.

Statistical Concept and Methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts