Netherlands NL: GDP: Value Added: Current PPP

Netherlands NL: GDP: Value Added: Current PPP data was reported at 799.221 USD bn in 2022. This records an increase from the previous number of 708.528 USD bn for 2021. Netherlands NL: GDP: Value Added: Current PPP data is updated yearly, averaging 361.117 USD bn from Dec 1981 (Median) to 2022, with 42 observations. The data reached an all-time high of 799.221 USD bn in 2022 and a record low of 111.316 USD bn in 1981. Netherlands NL: GDP: Value Added: Current PPP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Netherlands – Table NL.OECD.MSTI: Gross Domestic Product, GDP PPP and GDP Deflator: OECD Member: Annual. In the Netherlands, beginning with the 2013 data, the following methodological improvements led to breaks in series in the business sector (increase), the government sector (decrease), and at the total economy level (increase): better collection and treatment methods for measuring and reporting R&D expenditures related to external R&D personnel (alignment with the 2015 Frascati Manual); reclassification from the government to the business sector of public corporations engaged in market production; and a better follow-up of non-respondents. In 2012, the method for sampling enterprises included in ISIC industries 84 to 99 (community, social, and personal services) as well as the breakdown of personnel data by occupation were modified leading to breaks in series in the business and government sectors. In 2011, the method for producing business enterprise data changed: all observed enterprises are included whereas before 2011, only enterprises with substantial R&D activities (i.e. with a minimum number of R&D personnel) were incorporated. Subsequent changes affected the higher education sector: before 1999, a large number of PhD candidates were formally employed by research institutes (in the government sector) financing their research. From 1999, universities became the formal employer of PhD candidates and their research activities moved from the Government sector to the Higher Education sector. Besides this, the R&D activities of the Universities of Applied Sciences (HBO) were taken into account for the first time.  Finally the R&D activities of the Academic hospitals were increasingly underestimated due to the merging of the Academic hospitals and (parts) of the Faculties of Medicine of the universities into so-called University Medical Centers (UMC's). This started in 1998 and meant for instance that staff of the Faculty of Medicine of the university became employees of the UMC. As a result, data on R&D in the field of medical sciences were also revised. As of 2000, newly-recruited researchers on the payroll of the Netherlands Organisation for Scientific Research (NOW), previously included in the Government sector, were included with personnel in the higher education sector. In 1982 and 1990, the methodology of the survey on R&D expenditure changed.In 2003, Statistics Netherlands revised the panel of the R&D survey for the Government and PNP sectors, resulting in breaks in series for both.  Also beginning in 2003, R&D personnel in the PNP sector are grouped with Government sector R&D personnel.In 1994 and 1996 there were major expansions of the scope of the Business Enterprise sector survey; R&D expenditure and personnel data in the latter sector and in the whole economy are thus not comparable with those for the previous years.In 1990 and 1999, new methods for calculating GUF are introduced for GBARD series.

View Netherlands's Netherlands NL: GDP: Value Added: Current PPP from 1981 to 2022 in the chart:

max 1y 5y 10y bar line area spline areaspline column Apply Get this data

There is no data available for your selected dates.

max 1y 5y 10y bar line area spline areaspline column Apply Get this data

There is no data available for your selected dates.

What was Netherlands's Netherlands NL: GDP: Value Added: Current PPP in 2022?

Related Indicators for Netherlands NL: GDP: Value Added: Current PPP

Netherlands Key Series

More Indicators for Netherlands