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Macro - Country Economic Forecasts - Netherlands

Publisher Oxford Economics
Published Mar 17, 2025
Length 8 Pages
SKU # OFE19929287

Description

We forecast the Dutch economy will grow by 1.3% this year, and 0.8% next. The impact of tight monetary policy is set to unwind, while strong wage growth alongside lower inflation will help drive the recovery in consumption. However, tariffs and trade uncertainty will constrain growth. We expect inflation will average 2.9% in 2025, and 2.1% in 2026, with tariffs hindering the disinflationary process.

Table of Contents

8 Pages
Netherlands: February rise won't stop disinflation
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Politics and policy
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