Dutch economy to post strongest growth in a decade

Economic growth in the Netherlands is expected to peak at 2.5% in 2017, a growth rate not seen since 2007. The next two years are also likely to show robust growth, at 2.1% and 1.9%, respectively. Economic growth is broadly based and supported by all expenditure categories. The Dutch budget surplus will benefit, edging up throughout the projection horizon, from 0.4% of GDP in 2016 to 1.1% of GDP in 2019. Unemployment is set to fall to 5.0% in 2017, declining further to 4.4% by 2019. This is evident from the new half-yearly forecast that De Nederlandsche Bank (DNB) published today.

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