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The Dutch economy expanded by 2.0% year-on-year in Q1 2025, the most in two years, supported mainly by government consumption and a positive trade balance, preliminary data showed. Government spending rose 2.8%, while household consumption increased 0.6%. Investments were up 1.5% from a year earlier. Exports grew 0.9%, outpacing the 0.6% rise in imports, contributing positively to net trade. Among sectors, industry, government, and healthcare made the largest contributions to annual growth. On a quarterly basis, GDP rose 0.1% from Q4 2024, marking the fourth consecutive quarter of slowing growth.