Dutch Economy Barely Grows in Q1

2026-04-30 08:11 By Luisa Carvalho 1 min. read

The Dutch economy grew just 0.1% quarter-on-quarter in Q1 2026, following a downwardly revised 0.4% expansion Q4 2025 and below the expected 0.2%, preliminary estimates showed.

Growth was supported by public consumption, investment, and inventories, while net exports weighed.

Fixed investment rose 0.7%, driven by aircraft and machinery, while public consumption increased 0.5% on higher healthcare and wage spending.

Household consumption was unchanged.

On the external side, exports of goods and services fell 0.6% as goods exports dropped 1.2%, particularly machinery and transport equipment, while services exports rose 0.8%.

Imports were flat.

On an annual basis, the GDP rose 1.2%.

Public consumption (+2.7%), household consumption (+0.6%), and investment (+1.5%) all increased, but stronger imports (2.3%) than exports (1.4%) made net trade a drag.

By sector, the public sector, trade, accommodation and food services, and transportation and storage were the largest positive contributors.



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Dutch Economy Barely Grows in Q1
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