The Eindhoven economy grew by 4.6 percent in 2017. As in 2016, growth was the strongest of the five largest cities in the Netherlands. The Dutch economy grew by an average of 2.9 percent in 2017. Eindhoven’s economic growth was mainly due to the growing industry in this municipality. The Brainport region as a whole grew by 4.9 percent. The province of North Brabant also experienced above-average growth of 3.7 percent. This is shown by figures from CBS and Urban Data Center Eindhoven.
Growth figures 2017:
Average Netherlands: 2.9%
In Amsterdam, the industry grew too, but the municipality is less dependent on this sector for its economy. Due to growth in wholesale and retail trade, Amsterdam’s economy did grow above average at 3.9 percent. The five largest cities in the Netherlands have all benefited from the relatively strong presence of wholesale and retail trade.
Rotterdam also has a relatively large amount of industry in its economy. But because the type of industry in Rotterdam is different from Eindhoven, the growth was less strong. With an economic growth of 3.3 percent, Rotterdam was still above the Dutch average. Utrecht and The Hague are both less dependent on industry for their economies. In Utrecht, growth was moderated slightly by a contraction in the financial institutions; at 3.2 percent, the city had slightly above-average growth. The moderate growth of the government led to the lowest economic growth of the five largest cities in The Hague (2.6 percent).