THE HAGUE, July 30 (Xinhua) -- The Dutch economy continued to grow in the second quarter of 2025, but at a slower pace for the fifth straight quarter, according to data released Wednesday by Statistics Netherlands (CBS).
Gross domestic product (GDP) in the Netherlands increased by just 0.1 percent compared to the first quarter of 2025, when growth stood at 0.3 percent.
The consistent slowdown is attributed in part to ongoing geopolitical uncertainty and weakened consumer spending, according to CBS.
Despite the deceleration, the economy remained in positive territory thanks to rising investments and higher government spending. Investments in fixed assets grew by 1.5 percent in the second quarter, while government consumption increased by 0.8 percent. Meanwhile, household consumption declined by 0.4 percent.
Compared to the same period last year, the Dutch economy expanded by 1.5 percent. The year-on-year growth was driven by government consumption, investments, and household spending.
Looking ahead, CBS forecasts only limited economic growth for the remainder of 2025.
