Netherlands Overview*

  • Capital -- Amsterdam
  • Population -- 16,491,461
  • Language -- Dutch
  • GDP per capita($) -- 30,500
  • Currency -- euro (EUR)
  • Year Joined EU -- 1958

Macroeconomic Performance

  • GDP($) -- 512,000,000,000
  • GDP per capita($) -- 30,500
  • GDP growth rate(%) -- 1.10
  • Inflation(%) -- 1.70
  • Unemployment(%) -- 6.60
  • Imports($) -- 326,600,000,000
  • Exports($) -- 365,100,000,000
  • Military Spending($) -- 9,408,000,000
  • Military Spending (% of GDP) -- 1.60

General Information

  • Land Area (sq. km) -- 41,526
  • slightly less than twice the size of New Jersey
  • Population growth rate(%) -- 0.49
  • Infant Mortality (deaths per 1,000 live births) -- 4.96
  • Life Expectancy -- 78.96
  • Poverty --
  • Migration -- 2.72 migrant(s)/1,000 pop

  • * all data/material from the CIA World Fact Book 2006

Netherlands

The Dutch United Provinces declared their independence from Spain in 1579; during the 17th century, they became a leading seafaring and commercial power, with settlements and colonies around the world. After a 20-year French occupation, a Kingdom of the Netherlands was formed in 1815. In 1830 Belgium seceded and formed a separate kingdom. The Netherlands remained neutral in World War I, but suffered invasion and occupation by Germany in World War II. A modern, industrialized nation, the Netherlands is also a large exporter of agricultural products. The country was a founding member of NATO and the EEC (now the EU), and participated in the introduction of the euro in 1999.

Economic Overview


The Netherlands has a prosperous and open economy, which depends heavily on foreign trade. The economy is noted for stable industrial relations, moderate unemployment and inflation, a sizable current account 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 no more than 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. The country continues to be one of the leading European nations for attracting foreign direct investment. Economic growth slowed considerably in 2001-06, as part of the global economic slowdown, but for the four years before that, annual growth averaged nearly 4%, well above the EU average.