The Frisian economy is under pressure. That's according to a recent report by Rabobank, in which economists warn of a further impoverishment of the economic base of the province. The so-called “Frisian paradox” - relatively low incomes but a high sense of happiness - is beginning to tilt.
According to the report, Friesland lacks sufficient driving economy: innovative sectors with export potential, independent of regional population density. Precisely these are essential for structural growth. Friesland lol that potential does exist, the researchers argue - including in the Innovatiecluster Drachten (ICD). ICD is explicitly mentioned as an example of a region with strong, innovative manufacturing. The call: Invest more in these companies and clusters to sustainably strengthen broad prosperity.
Rabobank also sees growth opportunities in three sectors: water technology, soil and circularity. With initiatives such as Wetsus and Circular Friesland the province already has a good breeding ground, but action is needed: sharp choices, cooperation and investment in knowledge and capital.
The report also appeals to governments and institutions to strengthen cooperation in the Northern Netherlands. “Think beyond the mound,” is the motto. Only through scale and synergy can Friesland capitalize on its innovative strength.
The Frisian economy is under pressure. That's according to a recent report by Rabobank, in which economists warn of a further impoverishment of the economic base of the province. The so-called “Frisian paradox” - relatively low incomes but a high sense of happiness - is beginning to tilt.
According to the report, Friesland lacks sufficient driving economy: innovative sectors with export potential, independent of regional population density. Precisely these are essential for structural growth. Friesland lol that potential does exist, the researchers argue - including in the Innovatiecluster Drachten (ICD). ICD is explicitly mentioned as an example of a region with strong, innovative manufacturing. The call: Invest more in these companies and clusters to sustainably strengthen broad prosperity.
Rabobank also sees growth opportunities in three sectors: water technology, soil and circularity. With initiatives such as Wetsus and Circular Friesland the province already has a good breeding ground, but action is needed: sharp choices, cooperation and investment in knowledge and capital.
The report also appeals to governments and institutions to strengthen cooperation in the Northern Netherlands. “Think beyond the mound,” is the motto. Only through scale and synergy can Friesland capitalize on its innovative strength.
Also read the full report from Rabobank:
👉 Beyond the Frisian paradox - Five tasks for the province
Or check out the news article from the Leeuwarder Courant:
👉 Leeuwarder Courant, July 4, 2025 (for subscribers)
