DNB Netherlands

Middle East War Impact on Dutch Economy: Inflation and Growth Forecasts

De Nederlandsche Bank (DNB) has published new calculations on the impact of the Middle East war on the Dutch economy. The analysis indicates that the conflict could significantly raise inflation and slow economic growth, with updated scenarios considering higher energy prices and market uncertainty.

Netherlands Financial Ties with the Middle East Limited

De Nederlandsche Bank (DNB) reported that the Netherlands' trade with the Middle East accounted for less than 5% of total Dutch imports and exports in 2025, totaling €47 billion in exports and €21 billion in imports. Direct investment and portfolio investments in the region are also limited, representing approximately 3% and less than 1% of the Netherlands' total foreign investments, respectively.