Dutch Q2 GDP Growth Revised Up to 0.2%

The Netherlands’ GDP grew by 0.2% quarter-on-quarter in Q2 2025, slowing from 0.3% in Q1 and marking the softest growth since Q1 2024, though revised up from initial estimates of 0.1%. The modest increase was driven by a rebound in fixed investments (1.8% vs -2.1% in Q1), supported by a sharp rise in government investments, which surged 10.2%. Government spending also grew slightly faster, up 0.5% compared with 0.4% previously. Meanwhile, household consumption edged up 0.1%, down from 0.4% in the previous quarter, due to lower outlays on hospitality, clothing, and leisure. Net external demand also weighed on growth, as imports rose 1.8%, driven by higher goods purchases (3.7%), while exports increased only 0.3%, with a decline in services (-0.7%) partly offsetting the rise in goods exports (0.7%). On a yearly basis, the Dutch economy expanded 1.7%, above the preliminary estimate of 1.5%, but still the slowest annual growth in a year.