Dutch economic growth slower than expected in 2021

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Economic growth in the Netherlands is set to be slower than anticipated in 2021 due to the ongoing coronavirus pandemic but could accelerate next year if vaccines help to get the disease under control, economic policy adviser CPB said on Wednesday.

The euro zone’s fifth-largest economy is set to grow 2.2% in 2021 and 3.5% in 2022, the Dutch government’s main economic adviser said, following a coronavirus-driven 3.7% contraction last year.

The CPB in November had pencilled in growth of 2.8% for this year and 2.2% for 2022.

Main Photo: The bull statue in front of the Amsterdam stock exchange in The Netherlands. EPA-EFE/EVERT ELZINGA

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