THE HAGUE, April 30 (Xinhua) -- The Dutch economy grew by 0.1 percent in the first quarter of 2026 compared to the fourth quarter of 2025, Statistics Netherlands (CBS) announced on Thursday.
On a year-on-year basis, the Netherlands' GDP increased by 1.2 percent in the first three months this year. CBS said investment and public consumption expanded, while exports contracted significantly and household consumption remained flat.
Investment in fixed assets rose by 0.7 percent compared to the previous quarter, driven mainly by increased spending on aircraft and machinery. Public consumption grew by 0.5 percent, as the government allocated more funds to healthcare and wages. Exports of goods and services declined by 0.6 percent in the first quarter of 2026. Household consumption was unchanged overall.
Marcel Klok, senior economist at ING Netherlands, said on Thursday the results were broadly in line with expectations for the first quarter-"not buoyant, but positive."
Looking ahead, he noted that the economy remains relatively resilient, supported by strong wage growth and increased public spending, particularly on defence and healthcare. However, the outlook has deteriorated compared to a few months ago due to persistent pressures in energy markets. These are driving up inflation, dampening consumption growth, and restraining investment in 2026, pointing to a period of moderate growth.
