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

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

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TGM StatBox. (2024). Services Sector Contribution to GDP in Netherlands (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Netherlands
Published date: 2024
Note: Services (% of GDP), according to World Development Indicators, measures the contribution of the services sector (such as retail, finance, healthcare, and tourism) to a country's GDP.
Key Takeaways
The services sector in the Netherlands consistently expanded its GDP share from 62.1% in 1990 to 70.1% in 2015, supported by a highly developed financial, trade, and logistics infrastructure. This growth was largely driven by the country's strategic position in European commerce and its robust finance sector. Following a peak at 70.2% in 2016, the sector’s contribution stabilized, though minor declines were observed, reaching 68.7% in 2022. The COVID-19 pandemic impacted services like tourism and hospitality, which traditionally support the Dutch economy, though resilient financial and tech services helped maintain a strong overall contribution.

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