CURRENT ECONOMIC PERFORMANCE
2016 EPI score
| F (Very Poor) |
D (Poor) |
C (Fair) |
B (Good) |
A (Excellent) |
A+ (Superior) |
| <60 | 60-80 | 80-90 | 90-95 | 95-100 | >100 |
The Netherlands: in the heart of the Eurozone
The Netherlands’ economic performance has been good, with the EPI score projected to be close to 91.7%, or a B level, in 2016. Economic conditions have improved steadily over the two years, with domestic demand strengthening and exports improving.
Cheaper oil and a weaker euro have contributed to the improvement as well. Unemployment levels remain elevated, which is typical for European economies. The 5-Minute Economist projects the Netherlands’ EPI score to improve only gradually to about 93% by 2020, but still stay at the B level.
The general government deficit was 2.1% of GDP in 2015 and is projected to be 1.8% in 2016. The government’s fiscal consolidation plans are aimed at keeping the deficit within 3% of GDP, in line with the EU’s demands. Inflation is projected to be 1.3% in 2016, in line with low inflationary environment in the Eurozone overall.
ECONOMIC PERFORMANCE HISTORY
EPI COMPONENTS PERFORMANCE HISTORY
Inflation
Unemployment
Budget deficit
GDP Growth
EPI DATA FOR NETHERLANDS
| Year | Inflation Rate (%) | Unemployment Rate (%) | Budget Deficit as a Percent of GDP (%) | Change in Real GDP (%) | Raw EPI Score (%) | Change From Previous Year | Raw EPI performance |
|---|---|---|---|---|---|---|---|
| 2000 | 2.3 | 3.1 | -1.9 | 4.2 | 100.7 | 0.9 | A+ |
| 2001 | 5.1 | 3.1 | 0.3 | 2.1 | 93.5 | -7.2 | B |
| 2002 | 3.9 | 3.7 | 2.1 | 0.1 | 90.5 | -3.0 | B- |
| 2003 | 2.2 | 4.8 | 3.0 | 0.3 | 90.2 | -0.3 | B- |
| 2004 | 1.4 | 5.7 | 1.7 | 2.0 | 93.3 | 3.0 | B |
| 2005 | 1.5 | 5.9 | 0.3 | 2.2 | 94.5 | 1.3 | B+ |
| 2006 | 1.7 | 5.0 | -0.2 | 3.5 | 97.1 | 2.5 | A |
| 2007 | 1.6 | 4.2 | -0.2 | 3.7 | 98.2 | 1.1 | A |
| 2008 | 2.2 | 3.7 | -0.2 | 1.7 | 96.1 | -2.1 | A |
| 2009 | 1.0 | 4.4 | 5.4 | -3.8 | 85.5 | -10.6 | C |
| 2010 | 0.9 | 5.0 | 5.0 | 1.4 | 90.5 | 5.0 | B- |
| 2011 | 2.5 | 5.0 | 4.3 | 1.7 | 89.9 | -0.6 | C+ |
| 2012 | 2.8 | 5.8 | 3.9 | -1.1 | 86.4 | -3.5 | C |
| 2013 | 2.6 | 7.3 | 2.4 | -0.2 | 87.6 | 1.2 | C |
| 2014 | 0.3 | 7.4 | 2.3 | 1.4 | 91.4 | 3.8 | B |
| 2015 | 0.2 | 6.9 | 1.9 | 2.0 | 92.9 | 1.5 | B |
| 2016 | 0.1 | 5.9 | 0.5 | 2.1 | 95.6 | 2.7 | A- |
| 2017* | 0.9 | 5.4 | 0.0 | 2.1 | 95.8 | 0.2 | A- |
| 2018* | 1.4 | 5.3 | -0.1 | 1.8 | 95.2 | -0.6 | A- |
| 2019* | 1.5 | 5.2 | -0.2 | 1.7 | 95.2 | 0.0 | A- |
| 2020* | 1.6 | 5.1 | -0.3 | 1.7 | 95.3 | 0.0 | A- |
| 2021* | 1.6 | 5 | -0.4 | 1.7 | 95.4 | 0.2 | A- |
| 2022* | 1.6 | 4.9 | -0.4 | 1.6 | 95.6 | 0.1 | A- |