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June 15, 2026

Economic Outlook Netherlands

Macro Economic IndicatorsMacro Economic IndicatorsIndustrials

Despite rising energy costs and pessimistic macro sentiment, Dutch economic activity shows resilience. GDP growth in 2Q26 is projected to remain steady, supported by decent wage growth and industrial output.

Key Takeaways

  • 1.Dutch business sentiment regarding the broader economy is pessimistic, yet their outlook for individual activity remains resilient.
  • 2.Economic growth in 2Q26 is expected to potentially outperform 1Q26, with manufacturing production and export volumes showing strength.

Table of Contents

  • Some solid monthly data
  • Divergence in own outlook vs. wider outlook
  • Investment neither plummeting nor buoyant
  • Downbeat consumer not in lowest gear
  • Unchanged outlook with risks remaining

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