Dutch Economic Outlook Deteriorates After Three Consecutive Quarters of Negative Growth
Country Risk / Netherlands / Mon 20 Nov, 2023
- We now expect the Dutch economy to grow by 0.2% in 2023 and 0.6% in 2024 (previous forecasts: 0.5% and 0.9%), marking a sharp slowdown from growth of 4.3% in 2022.
- Despite the latest downturn in figures, we anticipate a gradual rebound in private consumption in 2024.
- Net exports will continue to subtract from growth over the short term