Home / Knowledge / News / Economic growth 3.5% in 2007
Economic growth 3.5% in 2007
Feb '08
Based on Statistics Netherlands' first estimate of fourth quarter growth in 2007, Dutch economic growth in 2007 came to 3.5 percent. This is the highest growth rate since 2000. In 2006 economic growth was 3.0 percent.

Again exports contributed most to economic growth, but fixed capital formation and consumption also played an important part. The construction industry and commercial services showed above average production growth rates.

Economic growth 4.4 percent in fourth quarter:
Dutch economic growth was 4.4 percent in the fourth quarter of 2007. This is the highest growth rate for more than seven years. The fourth quarter did have one working day more than in 2006.

Exports again grew strongly in the fourth quarter of 2007. The increase in imports was considerably smaller. Household consumption also picked up strongly. Just as in the third quarter the production of natural gas boosted economic growth in the fourth quarter.

Quarter-on-quarter growth 1.2 percent:
Economic growth was 1.2 percent in the fourth quarter compared with the third quarter of 2007. This quarter-on-quarter growth is the second highest in nearly four years. Only in the third quarter was it higher, at 1.9 percent.

Exports up substantially again:
The volume of exports of goods and services in 2007 was 6.4 percent larger than in 2006. This is fractionally lower than the growth in 2006. Exports of Dutch manufactured products grew by nearly just as much as in 2006, while the increase in re-exports was slightly smaller.

Must ReadView All

Mike Preston, executive director of the Arkansas Economic Development Commission (AEDC), signing MoU with Tang from Suzhou Tianyuan Garments company. Courtesy: Government of Arkansas

Apparel/Garments | On 21st Oct 2016

Suzhou Tianyuan to open $20 mn garment factory in US

Suzhou Tianyuan Garments company, a Chinese manufacturer of casual...

Textiles | On 21st Oct 2016

Pakistan’s textile exports fall 5.96% y-o-y in Q1 FY17

The value of textile and garment exports made by Pakistan decreased...

Textiles | On 21st Oct 2016

ITMA Asia + CITME 2016 opens with record exhibitors

The fifth ITMA ASIA + CITME 2016 exhibition opened today in Shanghai, ...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search