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The GDP growth rate in the context of the World Development Indicators (WDI) refers to the annual percentage increase or decrease in a country's Gross Domestic Product (GDP), adjusted for inflation. The WDI is a comprehensive database maintained by the World Bank that tracks various economic, social, and environmental development indicators across the globe.
Key Takeaways
The Netherlands GDP Growth (1961-2023)
The Netherlands’ GDP growth rate reveals resilience despite global crises. The post-war era saw strong growth, peaking at 8.6% in 1965. The economy faced challenges in the 1980s with mild contractions. Recovery followed, with steady growth into the 2000s. After a severe decline in 2009 during the financial crisis, the Netherlands bounced back, growing by 6.2% in 2021. However, growth slowed to 0.1% in 2023, reflecting inflationary pressures and global economic uncertainties.
For a broader context, visit other statistics on Netherlands’ population growth, urbanization rate in the Netherlands, Netherlands’ annual GDP.
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