All figures in this report are volume figures. This means they have been adjusted for price changes.
The export of goods and services increased by 0.8 percent in the third quarter compared to the second quarter. Especially the export of petroleum products, plastics, metals, and machinery increased. The import of goods and services increased by 0.2 percent, less than the export. This caused the trade surplus to increase.
Government consumption increased by 1.1 percent in the third quarter. The government spent more on healthcare and wages and salaries. Household consumption increased by 0.3 percent. Consumers spent more on energy, transport, and clothing. However, investments in fixed assets decreased by 1.6 percent in the third quarter. Companies and the government spent less on transport equipment.
In most sectors, the added value (the difference between production and consumption of energy, materials, and services) increased in the third quarter. The strongest growth, with 3.2 percent, was in the energy companies. Although the added value of the trade, hospitality, transport and storage sector and the government and healthcare sector grew less strongly, with 0.7 and 0.6 percent, respectively, these sectors contributed the most to economic growth in the third quarter due to their size. Business services and mining, however, reduced growth.
The economy grew by 1.6 percent in the third quarter of 2025 compared to the third quarter of 2024. Government and household consumption contributed most to this growth.
Government consumption was 3.0 percent higher, household consumption was 1.3 percent higher. Investments shrank by 0.2 percent. Exports increased by 1.6 percent, while imports grew slightly more by 1.7 percent. Because the volume of exports is larger than that of imports, the trade balance still grew slightly.
The government and healthcare sector and the trade, hospitality, transport and storage sector made the largest contributions to economic growth compared to the third quarter of 2024.
The first calculation, published 30 days after the end of a quarter, is based on the information available at that time. This gives CBS a first picture of the state of the Dutch economy. After this first calculation, more information about the Dutch economy becomes continuously available, which is then processed in new calculations. The second calculation of economic growth will be announced by CBS on Wednesday, December 24.
The absolute adjustment of the second calculation compared to the first calculation averaged 0.1 percentage points over the past five years (2020-2024). The two extremes were -0.4 and 0.7 percentage points, respectively in 2024 and 2021.
With each new calculation, CBS also determines the new seasonally adjusted figures of previously published quarters. This allows growth figures of earlier quarters to be adjusted. For example, the growth of the second quarter of 2025 was adjusted from 0.2 to 0.3 percent. The two quarters before that were not adjusted.
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