This memorandum sets out DNB’s most recent forecasts for the Dutch economy in 2021 and 2022. This so-called interim projection is an updated version of the December forecast and, as such, it is not comprehensive. The reason for this update is the fact that the pandemic has not developed as predicted in DNB’s previous projection, which was based on the assumption that the partial lockdown would be relaxed from the beginning of 2021. Partly based on this expectation, the December projection estimated GDP growth of 2.9% in both 2021 and 2022. However, in mid-December the containment measures were further tightened, effectively leading to a full lockdown, which is still in place.
Interim Projection: Economic Developments 2021 - 2022
Income from foreign direct investment in the Netherlands flowing to low-tax jurisdictions has declined structurally since 2020, new figures from DNB show. Income flows with other countries remained more stable over the same period.
Read more Income flowing to tax havens through the Netherlands structurally down
On 7 November, Klaas Knot was a guest at Room for Discussion, the interview programme of students from the University of Amsterdam. How does Knot experience the challenges in the field of monetary policy? How do you balance economic growth, financial stability and the fight against inflation?
Read more Klaas Knot at Room for Discussion (studentsUvA)
‘Given the growing cyber risks, we must continue our work to reduce the probability of cyberattacks while simultaneously boosting our resilience against their potential impact.’, said Olaf Sleijpen at the IIF International Accounting and Reporting Forum.
Read more Risks to financial stability in autumn 2024
The heightened international tensions can have an impact on financial institutions, according to De Nederlandsche Bank (DNB) in its supervisory strategy for 2025-2028 and in a study on the impact of geopolitical risks on financial institutions.
Read more Growing geopolitical risks impact financial sector
