23.09.202504:53:48UTC+00Dutch Q2 GDP Growth Revised Up to 0.2%

In the second quarter of 2025, the Netherlands witnessed a 0.2% increase in GDP on a quarterly basis, a slowdown from the 0.3% recorded in the first quarter. This represents the most sluggish growth since the first quarter of 2024, despite an upward revision from an initial estimate of 0.1%. The modest uptick can be attributed to a recovery in fixed investments, which rose by 1.8% after a decline of 2.1% in the previous quarter, bolstered by a significant 10.2% surge in government investments. Government expenditures also increased marginally, climbing by 0.5% compared to the previous 0.4% gain. Household consumption showed a slight rise of 0.1%, down from 0.4% previously, primarily due to reduced spending in sectors such as hospitality, clothing, and leisure. Additionally, net external demand exerted a drag on growth, as imports escalated by 1.8%, driven by a 3.7% increase in goods purchases, whereas exports moved up by only 0.3%. A decline in services exports by 0.7% partially countered the 0.7% increase in goods exports. On an annual scale, the Dutch economy grew by 1.7%, surpassing the preliminary estimate of 1.5%, yet it remains the slowest annual expansion observed in a year.