Investment down by almost 4 percent in February

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© ANP / Robin Utrecht
In February 2025, the volume of investment in tangible fixed assets was down by 3.6 percent year on year, as reported by Statistics Netherlands (CBS). This was mainly due to less investment in buildings and other road transport (lorries, trailers, vans, etc.). However, investment in machinery (including defence equipment) and infra structure was higher than the previous year.

The decrease in investment in road transport coincides with the introduction of tax changes on 1 January 2025 and changes to rules on environmental zones in a number of cities in the Netherlands. In the last few months of 2024, investment in other road transport rose significantly.

These figures on investment have not been adjusted for calendar effects. February 2025 had one less working day than February 2024. According to the CBS Investment Radar for April, conditions for investment in the Netherlands were slightly more unfavourable than they were in February.

YearMonthchange (year-on-year % change)
2021March8.8
2021April10.1
2021May10.7
2021June8.9
2021July3.2
2021August-1.1
2021September-0.1
2021October-2.4
2021November1.7
2021December3.1
2022January-5.6
2022February5.6
2022March-2.9
2022April1.2
2022May9.8
2022June4.7
2022July1.8
2022August7.6
2022September7.3
2022October6.9
2022November5.8
2022December1.4
2023January9.8
2023February4.5
2023March3.3
2023April-2.3
2023May7.1
2023June4.6
2023July-0.7
2023August5.9
2023September-4.8
2023October-0.9
2023November-5
2023December-7.9
2024January-4.5
2024February-2.1
2024March-9.2
2024April7.3
2024May-6.4
2024June-10.7
2024July0.1
2024August-2.9
2024September-0.5
2024October6.9
2024November2.4
2024December11.2
2025January0
2025February-3.6

Investment climate more unfavourable in April

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 fairly well with fixed investment, improved conditions do not necessarily result in greater growth or a smaller contraction in investment.

According to the CBS Investment Radar for April, the investment climate in the Netherlands was slightly more unfavourable than it was in February. This is mainly because the year-on-year increase in share prices was smaller. Also, consumer confidence decreased and manufacturers were more negative about their order positions.

The figures presented in this news release are provisional and subject to revision.