Nation of Traders
The Netherlands is the gateway to the European Union: goods flow in large quantities into Europe through the harbor of Rotterdam and Schiphol airport and many international companies have their headquarters in the Netherlands. Thanks to the open and international oriented trade culture foreign companies can do business with ease in and through the Netherlands.
The Dutch economy has fully recovered from the credit crisis with strong growth of the GDP, decreasing unemployment and increasing exports. Although the focus of Dutch economic activities is in Europe, Dutch companies and authorities do not hesitate to do business with more distant countries, like China, the United Arab Emirates or Iran.
Dutch politics are characterized by cooperation and foreign trade. Because the Netherlands has no dominant political party, the parties form coalitions in order to govern. The Dutch government also actively supports foreign trade with, among others, the Middle East and North Africa and the establishment of subsidiaries and headquarters of foreign companies in the Netherlands.
Inhabitants: 17.1 mill. (16.4% <14 y.)
GDP per capita: $48223
Unemployment: 4.8% (8.9% 15-24 y.)
Education: 80.4% tertiary education
GDP: $832 billion (+2.9%)
Import/export: $714/618 billion
FX rate EUR/USD: 1.14 (inflation 1.4%)
Reg. position: 19th EoDB (3rd GCR)
FDI (net): $58 billion (-33%)
High-end economic clusters
Low taxes and R&D incentives
100+ tax and econ. treaties
Member EU, Schengen and EMU
Member Benelux, OECD and WTO
Most trade with FR, BE, DE, CN & GB
Data Population (WB database '17 ('16 Education)), Economy (IMF database '17, WB database '17, XE.com '19, Ease of Doing Business '18, Global Competitiveness Report '18), Investment (World Investment Report '18), International (IMF database '18)
Photo: Esther Seijmonsbergen