Loading page content
Data from World Bank. Forecasts by Sigmanomics Forecast Engine.
NetherlandsNetherlands Government Expense (% of GDP) held to 39.97 Percent in December 2023
World BankYearlyReleased December 2023
Netherlands Government Expense (% of GDP) held to 39.97 Percent in December 2023.
Latest Release
39.969699
Actual
—
Consensus
—
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Moves with | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Moves with | → View |
| USD/JPY | ▲ Direct | +0.30 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Government Expense (% of GDP) (Netherlands) was reported at 39.97 Percent in December 2023. This is classified as a medium-impact indicator released on a yearly basis.
WHY IT MATTERS
The trailing three releases averaged 40.38 Percent, up from the prior three at 39.50 Percent.
Auto-generated from current model state · Refreshes on each release · Last update December 2023.
SHARE
Government Expense (% of GDP) - NL
Loading chart data...
About Government Expense (% of GDP) — Netherlands
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released annually.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - NL Events
| Friday, July 31, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 04:20 | NL | Business Confidence | 2.4 | 1.3 | 1 | 1.70 | Low |
| 04:30 | NL | Business Confidence | 2.4 | 1.3 | 1 | 1.70 | Low |
| 04:30 | NL | Inflation Rate YoY | 3.1 | 2.9 | 2.9 | 3.00 | Medium |
| 04:30 | NL | CPI YoY | 3.1 | 3.5 | 2.9 | 3.00 | Low |
| Monday, August 3, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 04:30 | NL | Retail Sales YoY | 2.9 | 3 | 3.00 | Low | |
| 05:00 | NL | NEVI Manufacturing PMI | 55.5 | 55 | 55.95 | Low | |