Economy - overview:
The Dutch economy is the fifth-largest economy in the euro-zone and is noted for its stable industrial relations, moderate unemployment and inflation, a sizable trade surplus, and an important role as a European transportation hub. Industrial activity is predominantly in food processing, chemicals, petroleum refining, and electrical machinery. A highly mechanized agricultural sector employs only 2% of the labor force but provides large surpluses for the food-processing industry and for exports. The Netherlands, along with 11 of its EU partners, began circulating the euro currency on 1 January 2002. After 26 years of uninterrupted economic growth, the Dutch economy - highly dependent on an international financial sector and international trade - contracted by 3.9% in 2009 as a result of the global financial crisis. The Dutch financial sector suffered, due in part to the high exposure of some Dutch banks to U.S. mortgage-backed securities. In 2008, the government nationalized two banks and injected billions of dollars of capital into other financial institutions, to prevent further deterioration of a crucial sector. The government also sought to boost the domestic economy by accelerating infrastructure programs, offering corporate tax breaks for employers to retain workers, and expanding export credit facilities. The stimulus programs and bank bailouts, however, resulted in a government budget deficit of 5.3% in 2010 that contrasted sharply with a surplus of 0.7% of GDP in 2008. The government of Prime Minister Mark RUTTE began implementing fiscal consolidation measures in early 2011, mainly reductions in expenditures, which resulted in an improved budget deficit of 4.2% of GDP.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): GDP - composition by sector: Labor force: Labor force - by occupation: Unemployment rate: Population below poverty line: Household income or consumption by percentage share: Distribution of family income - Gini index: Investment (gross fixed): Budget: Taxes and other revenues: Budget surplus (+) or deficit (-): Public debt: Inflation rate (consumer prices): Central bank discount rate: Commercial bank prime lending rate: Stock of narrow money: Stock of broad money: Stock of domestic credit: Market value of publicly traded shares: Agriculture - products: Industries: Industrial production growth rate: Electricity - production: Electricity - consumption: Electricity - exports: Electricity - imports: Oil - production: Oil - consumption: Oil - exports: Oil - imports: Natural gas - production: Natural gas - consumption: Natural gas - exports: Natural gas - imports: Natural gas - proved reserves: Current account balance: Exports: Exports - commodities: Exports - partners: Imports: Imports - commodities: Imports - partners: Reserves of foreign exchange and gold: Debt - external: Stock of direct foreign investment - at home: Stock of direct foreign investment - abroad: Exchange rates:
NOTE: 1) The information regarding Netherlands on this page is re-published from the 2012 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Netherlands Economy 2012 information contained here. All suggestions for corrections of any errors about Netherlands Economy 2012 should be addressed to the CIA.
$705.7 billion (2011 est.)
country comparison to the world: 23
note: data are in 2011 US dollars
[see also: GDP country ranks ]
$858.3 billion (2011 est.)
[see also: GDP (official exchange rate) country ranks ]
1.6% (2011 est.)
country comparison to the world: 166
[see also: GDP - real growth rate country ranks ]
$42,300 (2011 est.)
country comparison to the world: 16
note: data are in 2011 US dollars
[see also: GDP - per capita country ranks ]
agriculture: 2.7%
[see also: GDP - composition by sector - agriculture country ranks ]
industry: 24.2%
[see also: GDP - composition by sector - industry country ranks ]
services: 73% (2011 est.)
[see also: GDP - composition by sector - services country ranks ]
7.785 million (2011 est.)
country comparison to the world: 60
[see also: Labor force country ranks ]
agriculture: 2%
[see also: Labor force - by occupation - agriculture country ranks ]
industry: 18%
[see also: Labor force - by occupation - industry country ranks ]
services: 80% (2005 est.)
[see also: Labor force - by occupation - services country ranks ]
5.2% (2011 est.)
country comparison to the world: 50
[see also: Unemployment rate country ranks ]
10.5% (2005)
[see also: Population below poverty line country ranks ]
lowest 10%: 2.5%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: 22.9% (1999)
[see also: Household income or consumption by percentage share - highest 10% country ranks ]
30.9 (2007)
country comparison to the world: 113
[see also: Distribution of family income - Gini index country ranks ]
19.1% of GDP (2011 est.)
country comparison to the world: 131
[see also: Investment (gross fixed) country ranks ]
revenues: $392.1 billion
[see also: Budget revenues country ranks ]
expenditures: $424.8 billion (2011 est.)
[see also: Budget expenditures country ranks ]
45.7% of GDP (2011 est.)
country comparison to the world: 26
[see also: Taxes and other revenues country ranks ]
-3.8% of GDP (2011 est.)
country comparison to the world: 119
[see also: Budget surplus (+) or deficit (-) country ranks ]
64.4% of GDP (2011 est.)
country comparison to the world: 36
note: data cover general Government Debt, and includes debt instruments issued (or owned) by Government entities other than the treasury; the data include treasury debt held by foreign entities; the data include debt issued by subnational entities, as well as intra-governmental debt; intra-governmental debt consists of treasury borrowings from surpluses in the social funds, such as for retirement, medical care, and unemployment. Debt instruments for the social funds are not sold at public auctions.
[see also: Public debt country ranks ]
2.3% (2011 est.)
country comparison to the world: 28
[see also: Inflation rate (consumer prices) country ranks ]
1.75% (31 December 2010)
country comparison to the world: 127
note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
[see also: Central bank discount rate country ranks ]
3.4% (31 December 2011 est.)
country comparison to the world: 180
[see also: Commercial bank prime lending rate country ranks ]
$398 billion (31 December 2011 est.)
country comparison to the world: 13
note: see entry for the European Union for money supply in the euro area; the European Central Bank (ECB) controls monetary policy for the 17 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money circulating within their own borders
[see also: Stock of narrow money country ranks ]
$1.174 trillion (31 December 2011 est.)
country comparison to the world: 15
[see also: Stock of broad money country ranks ]
$2.083 trillion (31 December 2009 est.)
country comparison to the world: 12
[see also: Stock of domestic credit country ranks ]
$661.2 billion (31 December 2010)
country comparison to the world: 19
[see also: Market value of publicly traded shares country ranks ]
grains, potatoes, sugar beets, fruits, vegetables; livestock
agroindustries, metal and engineering products, electrical machinery and equipment, chemicals, petroleum, construction, microelectronics, fishing
0% (2011 est.)
country comparison to the world: 152
[see also: Industrial production growth rate country ranks ]
105.7 billion kWh (2009 est.)
country comparison to the world: 31
[see also: Electricity - production country ranks ]
112.5 billion kWh (2008 est.)
country comparison to the world: 28
[see also: Electricity - consumption country ranks ]
10.56 billion kWh (2009 est.)
[see also: Electricity - exports country ranks ]
4.888 billion kWh (2009 est.)
[see also: Electricity - imports country ranks ]
59,490 bbl/day (2010 est.)
country comparison to the world: 59
[see also: Oil - production country ranks ]
1.009 million bbl/day (2010 est.)
country comparison to the world: 20
[see also: Oil - consumption country ranks ]
1.871 million bbl/day (2009 est.)
country comparison to the world: 13
[see also: Oil - exports country ranks ]
2.577 million bbl/day (2009 est.)
country comparison to the world: 8
[see also: Oil - imports country ranks ]
85.17 billion cu m (2010 est.)
country comparison to the world: 9
[see also: Natural gas - production country ranks ]
53.19 billion cu m (2010 est.)
country comparison to the world: 15
[see also: Natural gas - consumption country ranks ]
57.75 billion cu m (2010 est.)
country comparison to the world: 6
[see also: Natural gas - exports country ranks ]
25.77 billion cu m (2010 est.)
country comparison to the world: 13
[see also: Natural gas - imports country ranks ]
1.387 trillion cu m (1 January 2011 est.)
country comparison to the world: 23
[see also: Natural gas - proved reserves country ranks ]
$64.1 billion (2011 est.)
country comparison to the world: 8
[see also: Current account balance country ranks ]
$576.9 billion (2011 est.)
country comparison to the world: 7
[see also: Exports country ranks ]
machinery and equipment, chemicals, fuels; foodstuffs
Germany 26%, Belgium 13%, France 9.2%, UK 7.7%, Italy 4.9% (2010)
$514.1 billion (2011 est.)
country comparison to the world: 10
[see also: Imports country ranks ]
machinery and transport equipment, chemicals, fuels, foodstuffs, clothing
Germany 15.5%, China 12.6%, Belgium 8.3%, US 6.8%, UK 6.2%, Russia 5.6% (2010)
$46.24 billion (31 December 2010 est.)
country comparison to the world: 40
[see also: Reserves of foreign exchange and gold country ranks ]
$2.655 trillion (30 June 2011)
country comparison to the world: 8
[see also: Debt - external country ranks ]
$590.3 billion (31 December 2011 est.)
country comparison to the world: 10
[see also: Stock of direct foreign investment - at home country ranks ]
$989.3 billion (31 December 2011 est.)
country comparison to the world: 5
[see also: Stock of direct foreign investment - abroad country ranks ]
euros (EUR) per US dollar -
2) The rank that you see is the CIA reported rank, which may habe the following issues:
a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order
Flags
This page was last modified 07-Mar-12