Dutch Economy Grew by 0.2% in 2023

Economic Resurgence Amidst Stagnation

After a phase of stagnation, the Dutch economy has embarked on a trajectory of moderate growth, registering a 0.2% expansion in 2023. This positive development signals a shift away from the economic slumber of recent times.

Soft Landing and Projected Growth

The economy is anticipated to experience a "soft landing" as it transitions into a phase of moderate growth. This gradual ascent is expected to gain momentum in 2025, with projections indicating a growth rate of 1.5%. This growth is primarily attributed to robust private consumption and an optimistic outlook for business investment.

International Comparisons and Positive Outlook

The Dutch economy's 1.0% growth rate surpasses that of its neighboring European counterparts. This positive economic performance is indicative of the Netherlands' resilient economy and its capacity for sustainable growth in the years ahead.