Netherlands' GDP grew by 0.6% quarter-on-quarter in the third quarter, surpassing expectations

⑴ In the Netherlands, the economy grew by 0.6% quarter-on-quarter in Q3 2026, with Q2 growth revised to 0.7%, both exceeding market expectations of 0.3%. ⑵ The growth was mainly supported by a stronger trade balance and the replenishment of natural gas reserves. ⑶ Exports rose by 0.5% quarter-on-quarter, particularly driven by machinery and transport equipment, while import growth was slower. ⑷ Both government and household consumption increased by 0.4%, reflecting higher public spending on healthcare and civil servant salaries, as well as increased household expenditure on food and clothing. ⑸ However, investment declined by 0.1%, mainly due to a decrease in aircraft imports. ⑹ In terms of production, the value added in mining and quarrying grew by 6.9%, marking the strongest growth; manufacturing increased by 2.7%, contributing the most to overall GDP growth, reflecting its economic importance and the strong performance in the machinery sector. ⑺ Year-on-year, GDP grew by 2.1%.