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GDP growth is projected to remain robust at 3.3% in 2018 and close to 3% in 2019, supported by strong private consumption and investment. Wage growth and inflation are projected to rise as economic slack disappears. The current account surplus is set to remain at a high level.
To ensure more inclusive growth, labour market reforms should be implemented to enhance mobility and improve the employment opportunities of vulnerable groups. Housing market vulnerabilities should be reduced by lowering loan-to-value caps for new mortgages. Reforms to the occupational pension system should focus on improving the transparency and solidarity of the system.
Economic Survey of the Netherlands (survey page)