Netherlands

NetherlandsCurrent account

NL desk: Netherlands first; euro area, Germany, Belgium, France, United Kingdom and United States alongside.

9.14%

−0.28 pp

As of 2024 | % of GDP

Latest
9.14% 2024
Previous year
9.41% 2023
Min
-0.58% 1978
Max
10.28% 2021
YearValue
20249.14%
20239.41%
20226.82%
202110.28%
20205.72%
20196.80%
20188.84%
20178.05%
20167.15%
20154.85%
20148.55%
20137.90%
20127.50%
20117.02%
20106.41%
20093.35%
20084.07%
20075.86%
20067.75%
20056.04%
20046.70%
20035.13%
20022.32%
20012.27%
#CountryCurrent accountChangeYear
23Netherlands9.14%−0.28 pp202445Germany4.51%−1.39 pp202584France-0.27%−0.36 pp2025
106Belgium-1.93%−1.55 pp2025
110United Kingdom-2.43%+0.53 pp2025131United States-3.63%+0.42 pp2025

What the current account is

The current-account balance as a share of GDP (BN.CAB.XOKA.GD.ZS) is exports minus imports of goods and services, plus net primary income and current transfers, divided by GDP. A surplus means the economy is a net lender to the rest of the world. Latest: 9.14% in 2024.

A large surplus or deficit is not automatically good or bad; it depends on saving, investment and the exchange rate. From 1967 to 2024 (58 years): latest 9.14% (2024), previous year 9.41% (2023); low -0.58% (1978), high 10.28% (2021).

Source: World Bank Open Data. Licence: CC BY 4.0 (terms).