Industry Sector Contribution to GDP in Netherlands (1990-2022)

Industry Sector Contribution to GDP in Netherlands (1990-2022)

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TGM StatBox. (2024). Industry Sector Contribution to GDP in Netherlands (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Netherlands
Published date: 2024
Note: Industry (% of GDP), according to World Development Indicators, measures the contribution of the industrial sector to a country's Gross Domestic Product (GDP). This metric reflects the economic significance of manufacturing, mining, construction, and utilities, indicating the value generated by industrial activities relative to the overall economy.
Key Takeaways
The Netherlands’ industry sector contribution to GDP gradually declined from 26.3% in 1990 to 18.2% in 2015, reflecting a steady shift toward a service-dominated economy. The early 1990s saw a consistent decrease as the country strengthened its banking, logistics, and technology sectors, reducing reliance on traditional industries. Despite a brief recovery in the mid-2000s, the 2008 financial crisis accelerated the decline, with the sector’s contribution reaching a low of 17.6% in 2016. However, recent years indicate a slight resurgence, reaching 19.5% by 2022, likely supported by investments in green technology and sustainable manufacturing. This upward shift suggests a strategic pivot to incorporate high-value manufacturing within an economy traditionally focused on services, aiming to enhance industrial contributions without compromising environmental goals.

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