Investments down by over 8 percent in December

More recent figures are available on this topic. View the latest figures here.
© CBS / Alrik Swagerman
Statistics Netherlands (CBS) reports that the investment volume for tangible fixed assets was down by 8.1 percent year on year in December 2023. This is mainly due to lower investment in buildings, aircraft, passenger cars and machinery.

These investment data have not been adjusted for calendar effects. December 2023 had two fewer working days than December 2022. According to the CBS Investment Radar, conditions for investment in the Netherlands are less unfavourable in February 2024 than they were in December 2023.

YearMonthchange (year-on-year % change)
2020January2.7
2020February4.3
2020March3.3
2020April-8.8
2020May-16.6
2020June-2.3
2020July-1.1
2020August-18
2020September-1.6
2020October-4.5
2020November-2.2
2020December0.5
2021January-4.1
2021February-6.9
2021March9
2021April10.2
2021May10.7
2021June9.3
2021July2.9
2021August-0.9
2021September-0.1
2021October-2.3
2021November1.8
2021December3.5
2023January-6.9
2023February4.1
2023March-4.6
2023April-0.8
2023May7.8
2023June3.1
2023July-0.7
2023August3.3
2023September3.7
2023October3.8
2023November3.3
2023December-2.1
2023January9
2023February5.3
2023March4.3
2023April-1.5
2023May6.3
2023June6.2
2023July1.7
2023August6.8
2023September-2.7
2023October0.3
2023November-4.8
2023December-8.1

Investment climate less unfavourable in February

Every month, CBS publishes an update on the investment climate in the CBS Investment Radar. Factors that are relevant to the investment climate include the situation in sales markets and the financial markets. Although the radar indicators correlate well with fixed investment, improved conditions do not necessarily translate into higher growth or a smaller contraction in investment.

According to the CBS Investment Radar, the investment climate in the Netherlands in February has improved slightly compared to December. This is mainly because the year-on-year contraction in goods exports was smaller and the year-on-year rise in share prices was greater. On the other hand, the industrial capacity utilisation rate was lower.