Country report The Netherlands 2017

Country Report

  • Netherlands
  • Agriculture,
  • Automotive/Transport,
  • Chemicals/Pharma,
  • Construction,
  • Consumer Durables,
  • Electronics/ICT,
  • Financial Services,
  • Food,
  • Machines/Engineering,
  • Metals,
  • Paper,
  • Services,
  • Steel,
  • Textiles

16th May 2017

Solid economic growth is expected to continue in 2017 and 2018, but the Brexit decision will most probably affect Dutch industries in the mid-term.

The Netherlands key indicators
The Netherlands industries performance forecast

The insolvency environment

Corporate insolvency decrease expected to slow down in 2017

The economic slowdown in 2012 and 2013 triggered sharp increases in business insolvencies. Due to the economic rebound since 2014 business failures started to decrease again, declining 18.9% to 5,952 cases in 2016, (including sole proprietorships). The positive trend is expected to continue in 2017.

Dutch business insolvencies

Economic situation

Solid growth to continue in 2017 and 2018

The Netherlands real GDP growth

The Dutch economy has gained momentum in 2015 and 2016, and is forecast to continue to grow in 2017 and 2018 by about 2% annually. All spending categories are expected to contribute to the economic expansion. Private consumption benefits from decreasing unemployment (which has decreased substantially over the past three years), an increase in disposable income and a 15% rebound of house prices since 2013. At the same time, inflation will increase to 1.6% in 2017 due to higher energy prices. Dutch exports continue to benefit from higher global demand and the depreciation of the euro. Due to past austerity measures and the on-going economic growth, the budget deficit is expected to remain small or even turn into a surplus in 2017 and 2018.

The Netherlands - exports of good and non-factor services

The Brexit decision will most probably affect Dutch industries in the mid-term, due to close trade and investment ties between the Netherlands and the UK. The sectors to be mainly affected are chemicals, electronics, food and metals.

 

 

 

Disclaimer

Each publication available on or from our websites, such as, but not limited to webpages, reports, articles, publications, tips and helpful content, trading briefs, infographics, videos (each a “Publication”) is provided for information purposes only and is not intended as a recommendation or advice as to particular transactions, investments or strategies in any way to any reader. Readers must make their own independent decisions, commercial or otherwise, regarding the information provided. While we have made every attempt to ensure that the information contained in any Publication has been obtained from reliable sources, Atradius is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information in any Publication is provided ’as is’, with no guarantee of completeness, accuracy, timeliness or of the results obtained from its use, and without warranty of any kind, express or implied. In no event will Atradius, its related partnerships or corporations, or the partners, agents or employees thereof, be liable to you or anyone else for any decision made or action taken in reliance on the information in any Publication, or for any loss of opportunity, loss of profit, loss of production, loss of business or indirect losses, special or similar damages of any kind, even if advised of the possibility of such losses or damages.