The Dutch economy is expected to recover from 2024, according to rating agency S&P Global. The recovery will be driven by stronger domestic demand, tight labor market conditions, and improved household purchasing power. S&P Global predicts that economic growth will average 1.4 percent between 2024 and 2026, with this year's growth expected to be 0.5 percent. Despite challenges such as tight financial conditions and weaker external demand, S&P Global remains optimistic about the Netherlands, highlighting its position as the fifth largest economy in the European Union with a strong trading network. The rating agency also expects the formation of a coalition government after the November elections, which may complicate policymaking in the short term. [e92374a8]