The GDP in the Netherlands expanded 0.50 percent in the second quarter of 2014, leaving the expanding Dutch economy as the fifth largest within the Euro zone. Certain changes have also taken place within the Dutch contractor market.
For the second quarter of 2014, the Netherlands grew half a percent, rising from contractions over the previous period in 2013. Both exports and re-exports grew alongside a boost of sales in agricultural equipment. The Dutch economy contracted out at a much higher rate than expected, with a 0.6% increase over the estimated and predicted drop of 1.4%.
Expanding Dutch Economy: What to Expect for 2015
According to industry analysts in Brussels, the ever-expanding Dutch economy will continue to grow until 2015 at a rate of 0.9%, less than the European Commission estimated at the beginning of the year.
Predications were at 1.2% during the first half of 2014, however since then political and geographical tensions have risen further and stalled the projected growth to an extent.
The Dutch commission expects the GDP in the Netherlands to grow at 1.4 per cent. The Central Planning Bureau expects less, predicting growth at 1.25 per cent over 2015.
Expanding Dutch Economy: Whey To Go
A huge demand is rising in the Netherlands; the demand for cheese waste. Whey, produced when milk is separated into curd during the process to make cheese, is quickly becoming a multi-billion-euro industry, employing many contractors, freelancers and IT professionals while helping with expanding the Dutch economy.
After scientists and analysts have proven that whey is one of the best sources of natural protein since 2011 the industry has grown 36%. With demand showing no sign of diminishing in the expanding Dutch economy, from baby food to fortified meals for hospitals, within 5 years it is predicted that whey production will employ thousands more and expand the value of the industry to EUR 9 billion, creating job potential for contractors, freelancers and IT professionals alongside industry specialists.
For more information on Working in Netherlands or Contracting in Europe visit the Euro Accountancy & Finance Services website.
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