Kingdom of the Netherlands—The Netherlands: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Kingdom of the Netherlands—The Netherland
July 21, 2025
Summary
The Dutch economy is among the most developed globally and has drawn
strength from deep integration in global value chains. It has weathered shocks well, yet
its resilience is being tested, again—this time by a confluence of trade tensions and
domestic policy uncertainty. The economy is at capacity, with elevated inflation, and
increasingly binding constraints in the labor market, housing, emissions space, and the
electricity grid. Futureproofing the economy will require policies that tackle these
bottlenecks and align with a vision for sustainable long-term growth.
strength from deep integration in global value chains. It has weathered shocks well, yet
its resilience is being tested, again—this time by a confluence of trade tensions and
domestic policy uncertainty. The economy is at capacity, with elevated inflation, and
increasingly binding constraints in the labor market, housing, emissions space, and the
electricity grid. Futureproofing the economy will require policies that tackle these
bottlenecks and align with a vision for sustainable long-term growth.
Subject: Expenditure, Financial institutions, Fiscal policy, Fiscal stance, Housing, Income, Inflation, Labor, Labor markets, Loans, National accounts, Pension spending, Prices, Public debt, Wages
Keywords: Fiscal stance, Housing, Income, Inflation, Labor markets, Loans, Pension spending, Pensions, Securities, Wages
Pages:
82
Volume:
2025
DOI:
Issue:
197
Series:
Country Report No. 2025/197
Stock No:
1NLDEA2025001
ISBN:
9798229017039
ISSN:
1934-7685





