Macro - Country Economic Forecasts - Netherlands

Macro - Country Economic Forecasts - Netherlands

The Dutch economy contracted by 0.1% q/q in Q1 – a weaker outturn than we and the consensus expected. However, the first quarterly estimate masks some underlying domestic resilience. We've nudged our 2024 GDP growth forecast down by 0.2ppts to 0.8% and expect GDP growth will pick up to 2.1% in 2025.

Netherlands: First-quarter GDP reading masks domestic resilience
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk evaluat

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