Netherlands
The Netherlands has the 16th largest economy in the world, and ranks 10th in GDP (nominal) per capita. Between 1998 and 2000 annual economic growth (GDP) averaged nearly 4%, well above the European average. Growth slowed considerably in 2001-05 due to the global economic slowdown, but accelerated to 4.1% in the third quarter of 2007. Inflation is 1.3% and is expected to stay low at around 1.5% in the coming years. Unemployment is at 4.0% of the labour force. By Eurostat standards however, unemployment in the Netherlands is at only 3.3% (June 2009) – the lowest rate of all European Union member states. The Netherlands also has a relatively low GINI coefficient of 0.326. Despite ranking only 10th in GDP per capita, UNICEF ranked the Netherlands 1st in child well-being.On the Index of Economic Freedom Netherlands is the 13th most free market capitalist economy out of 157 surveyed countries.
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Demographic Data |
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Economic Data |
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Cultural & Other Data |
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|
GDP (PPP, $bn) |
670.2 |
Capital |
Amsterdam |
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|
Area (sq. km.) |
41,526 |
GDP Real Growth (%) |
1.8 |
Other Large Cities |
The Hague, Rotterdam |
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Population (million) |
16.7 |
PerCap GDP ($) |
40,300 |
Primary Language |
Dutch |
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Population Growth % |
0.412 |
Prime Lending Rate (%) |
8.72 |
Urban Population % |
82 |
|
% Population Under 15yrs |
17.4 |
Inflation Rate% |
1.5 |
Urban Growth % |
0.9 |
|
Population below poverty line (%) |
10.5 |
Unemployment% |
4.5 |
Literacy (% of population) |
99 |
|
Agricultural Workers (% of population) |
2 |
Foreign Direct Investment($bn) |
726.9 |
Education spending as % of GDP |
5.3 |
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Industrial Workers (% of population) |
18 |
Debt-External ($bn) |
2277 |
CPI Score (1-10)* |
8.9 |
|
Service Workers (% of population) |
80 |
Exports ($bn) |
537.5 |
Corporate Income Tax % |
20-25.5 |
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Labor Force (mil) |
7.75 |
Imports ($bn) |
485.3 |
Ease of Doing Business Ranking ** |
26 |
CURRENCY EXCHANGE RATE
05/08/09 $1 = 0.75 Euro
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