Dutch economy sees strong Q3 growth; Jobs increase by 41,000

The Dutch economy expanded by 0.5 percent in the third quarter compared with the previous quarter, according to a new estimate from Statistics Netherlands. This figure is slightly above the preliminary estimate of 0.4 percent, released on October 30.

Growth in the economy is 0.1 percentage points higher than initially estimated, largely due to a revision in export figures. Statistics Netherlands notes that the overall trend remains the same: the rise in GDP in the third quarter of 2025 is primarily driven by exports and government spending.

The economy expanded 1.8 percent in the third quarter compared with the same period last year, up from an initial estimate of 1.6 percent. This upward revision is largely driven by exports, with household consumption and government spending being the main contributors to the growth.

Employment figures were revised upward as well. The second estimate shows that jobs for employees and the self-employed rose by 41,000 in the third quarter compared with the same quarter last year, up from the initial estimate of 33,000.

Each time Statistics Netherlands updates GDP estimates, it also reassesses earlier quarters. However, the growth figures for the last three quarters remain unchanged.