Current account balance in Netherlands
Netherlands: Current account balance was 9.1% in 2024. ◆ Volatile
Current account balance in Netherlands, 1967–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for current account balance in Netherlands is 9.1%, measured in 2024.
The figure is down 2.9% on the previous year and up 6.9% over ten years.
Over the whole period, current account balance in Netherlands peaked at 10.3% in 2021 and was at its lowest, -0.6%, in 1978.
That places Netherlands 22nd out of 199 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance in Netherlands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1967 | 2.2% | — |
| 1968 | 2.5% | +12.0% |
| 1969 | 2.2% | -11.0% |
| 1970 | 0.5% | -77.3% |
| 1971 | 1.2% | +132.5% |
| 1972 | 3.8% | +226.4% |
| 1973 | 4.5% | +16.9% |
| 1974 | 3.5% | -22.4% |
| 1975 | 2.4% | -31.5% |
| 1976 | 3.3% | +37.6% |
| 1977 | 1.1% | -66.1% |
| 1978 | -0.6% | -152.2% |
| 1979 | 0.2% | -133.5% |
| 1980 | -0.4% | -325.1% |
| 1981 | 2.3% | -632.1% |
| 1982 | 3.2% | +36.0% |
| 1983 | 3.3% | +4.6% |
| 1984 | 4.4% | +33.7% |
| 1985 | 2.9% | -33.4% |
| 1986 | 2.1% | -27.2% |
| 1987 | 1.7% | -20.5% |
| 1988 | 2.7% | +59.4% |
| 1989 | 3.9% | +42.7% |
| 1990 | 2.5% | -34.6% |
| 1991 | 2.3% | -10.3% |
| 1992 | 1.9% | -17.3% |
| 1993 | 3.7% | +98.0% |
| 1994 | 4.6% | +22.1% |
| 1995 | 5.7% | +24.9% |
| 1996 | 4.8% | -16.3% |
| 1997 | 6.0% | +26.1% |
| 1998 | 3.0% | -50.5% |
| 1999 | 3.5% | +17.9% |
| 2000 | 1.7% | -50.4% |
| 2001 | 2.3% | +30.6% |
| 2002 | 2.3% | +2.3% |
| 2003 | 5.1% | +121.2% |
| 2004 | 6.7% | +30.6% |
| 2005 | 6.0% | -9.9% |
| 2006 | 7.8% | +28.4% |
| 2007 | 5.9% | -24.4% |
| 2008 | 4.1% | -30.6% |
| 2009 | 3.3% | -17.8% |
| 2010 | 6.4% | +91.5% |
| 2011 | 7.0% | +9.5% |
| 2012 | 7.5% | +6.9% |
| 2013 | 7.9% | +5.3% |
| 2014 | 8.5% | +8.2% |
| 2015 | 4.8% | -43.3% |
| 2016 | 7.1% | +47.4% |
| 2017 | 8.0% | +12.6% |
| 2018 | 8.8% | +9.8% |
| 2019 | 6.8% | -23.1% |
| 2020 | 5.7% | -15.8% |
| 2021 | 10.3% | +79.6% |
| 2022 | 6.8% | -33.6% |
| 2023 | 9.4% | +38.0% |
| 2024 | 9.1% | -2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.3% | 2.2% | 2.5% | 3 |
| 1970s | 2.0% | -0.6% | 4.5% | 10 |
| 1980s | 2.6% | -0.4% | 4.4% | 10 |
| 1990s | 3.8% | 1.9% | 6.0% | 10 |
| 2000s | 4.5% | 1.7% | 7.8% | 10 |
| 2010s | 7.3% | 4.8% | 8.8% | 10 |
| 2020s | 8.3% | 5.7% | 10.3% | 5 |
Countries ranked near Netherlands
More economy & growth data for Netherlands
- Industry (including construction), value added (constant 2015 US$) 2.55 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1243 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 9,161 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 2.55 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.117 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 8,618 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 9.69 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.7041 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 51,882 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.07 % change on previous year (2025)
Frequently asked questions
- What is current account balance in Netherlands?
- Current account balance in Netherlands was 9.1% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Netherlands?
- The highest recorded value was 10.3% in 2021.
- What is the lowest current account balance recorded in Netherlands?
- The lowest recorded value was -0.6% in 1978.
- How does Netherlands rank for current account balance?
- Netherlands ranks 22nd out of 199 countries with data for 2024.
- Is current account balance rising or falling in Netherlands?
- Over the last ten years it is up 6.9%. The long-run trend across the full record is volatile.
- Where does this Netherlands data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.