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The Dutch economy expanded by 1.7% year-on-year in Q2 2025, easing from 2.2% growth in Q1 and marking the slowest annual expansion in a year, though revised up from preliminary estimates of 1.5%. The main drag on growth was slowing government spending (2.1% vs 2.8% in Q1) and a negative contribution from net external demand, as imports advanced 2.7%—faster than the 1.5% rise in exports. Meanwhile, growth picked up for household consumption (1.9% vs 2.1%) and fixed investments (2.8% vs 1.4%). On a quarter-on-quarter basis, GDP grew by 0.2%, slowing from 0.3% in Q1 and marking the softest quarterly growth since Q1 2024, though revised up from initial estimates of 0.1%.