The Netherlands


The Netherlands Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in The Netherlands; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION
Central bank Netherlands Bank
The Netherlands is part of the Eurosystem and the European Central Bank
International Reserves US$ 50.411 billion (Source: IMF; Data updated: 2012)
Gross Domestic Product - GDP US$ 802.07 billion (2011 estimate)
GDP (Purchasing Power Parity) 709.488 billion of International dollars (2011 estimate)
Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
1.9% 0.1% 0.3% 2.2% 2% 3.4% 3.9% 1.8%
2009 2010 2011 2012*
-3.5% 1.6% 1.3% -0.5%

*Estimate

GDP per capita - current prices US$ 47,842 (2010 estimate)
GDP per capita - PPP $42,320 International Dollars (2010 estimate)
GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
1.33% 1.22% 1.12% 0.91% 0.79%

**Forecast

GDP - composition by sector
  • agriculture: 2.7% 
  • industry: 24.2% 
  • services: 73% (2011 estimate)
  • (Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP) 1.83% (2010)

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
1%(2008) 0.9% 2.5% 1.8%

*Estimate

Unemployment rate
2009 2010 2011 2012*
3.7% 4.5% 4.5%(2009) 5.5%

*Estimate

Household saving rates 2.6% (Net saving; 2012 forecast)

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
58.5% 60.8% 62.9% 66.2% 70.1%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
0.4% -5.6% -5.1% -5% -4.5%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: AAA

Moody's rating: Aaa

Moody's outlook: NEG

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
US$542.5 billion US$661.2 billion US$594.7 billion
Largest companies in The Netherlands EADS (Aerospace and defense), TNT Express (Air Courier), Heineken Holding (Beverages), Randstad Holding (Business & Personal Services), Philips (Conglomerates), Royal BAM Group (Construction Service), LyondellBasell Industries (Diversified Chemicals), Akzo Nobel (Diversified Chemicals), Royal DSM (Diversified Chemicals), Aegon (Diversified Insurance), Unilever (Food Processing), Ahold (Food Retail), HAL Trust (Investment services), Van Lanschot (Investment services), ING Group (Life & Health Insurance), Royal Dutch Shell (Oil & Gas Operations), Schlumberger (Oil Services & Equipment), Vopak (Other Transportation), Nielsen Holdings (Printing & Publishing), SNS Reaal (Regional Banks), ASML Holding (Semiconductors), NXP Semiconductors (Semiconductors), KPN (Telecommunications Services), VimpelCom (Telecommunications Services) (2012)
DATA ON TRADE AND COMPETITIVENESS
Current account balance US$ 65.8 billion (2011 estimate)(After 2008)
Current account balance by percentage of GDP 8.2% of GDP (2011 estimate)(2009)
Exports as percent of GDP

(Exports of goods and services)

78% (2010)

(Data released on April 2012)

Shares in world total merchandising export 3.62%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export 3.2% (2011)(2007)

(Data were released in 2012)

Total exports US$556.5 billion (2012 estimate) 
Export commodities machinery and equipment, chemicals, fuels; foodstuffs
Total imports US$490.1 billion (2012 estimate) 
Import commodities machinery and transport equipment, chemicals, fuels, foodstuffs, clothing
Exports - major partners Germany 26.2%, Belgium 14.1%, France 9.3%, UK 7.7%, Italy 4.8% (2011)
Imports - major partners Germany 14.6%, China 11.9%, Belgium 8.7%, UK 6.1%, Russia 6%, US 5.9%, France 4.1% (2011)
FDI inflows
2009 2010 2011
US$36,042 million US$-8,966 million(2009) US$17,129 million(2009)
FDI outflows
2009 2010 2011
US$28,180 million US$55,217 million US$31,867 million
Value of cross-border M&A, by country of purchaser
2008 2009 2010 2011
US$53,668 million US$-3,273 million(2009) US$20,112 million(2009) US$19,750 million
Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

Investor Group, Fomento Economico Mexicano SAB de CV, Mexico, $7.3 billion
Royal Dutch Shell PLC, East Resources Inc, United States, $4.7 billion

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2011

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

VimpelCom Ltd, Weather Investments II Sarl, Luxembourg, $22.4 billion
UCL Holding BV, RZhD, Russian Federation, $4.2 billion(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 31 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 67 out of 185 countries(2009)

Enforcing Contracts: 32 out of 185 countries

Registering Property: 49 out of 185 countries

Getting credit: 53 out of 185 countries

Protecting investors: 117 out of 185 countries

Trading across border: 12 out of 185 countries

Paying Taxes: 29 out of 185 countries

Dealing with Construction Permits: 89 out of 185 countries

Getting Electricity: 67 out of 185 countries

Resolving Insolvency: 6 out of 185 countries

(2013)

Global competitiveness ranking
(ranking by country on a basis of 144, the first is the best)
5

(2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 15 Score: 73.3 (Mostly Free) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW
Time zone UTC+1
Total area 41,543 km2 (2006)
Capital Amsterdam (2009)
Currency euros (EUR) (2009)
Government type constitutional monarchy (2009)
Languages Dutch (official), Frisian (official)
Religions Roman Catholic 30%, Dutch Reformed 11%, Calvinist 6%, other Protestant 3%, Muslim 5.8%, other 2.2%, none 42% (2006)
Total population
1980 1990 2000 2012* 2017**
14.15 million 14.95 million 15.93 million 16.77 million 16.96 million

*Estimate    **Forecast

Urban population as % of total population
1960 1980 2000 2011
59.8% 64.7% 76.8% 83.1%
Population median age 41 years (2010)
Population growth rate 0.5% (2011)
Life expectancy 81 years (2010)
Adult literacy N/A
% of population living on less than $2 a day N/A
Inequality of wealth distribution (Gini index)

30.9 (1999)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:1
Civil Liberties:1 (2011)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

159.39% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population 92.3% (Data were released in 2012 and refer to 2011)
Cost of living - Mercer index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Amsterdam: 50th (2011)

CO2 emissions
(Metric tons of CO2 per capita)

10.245 (Data were released in 2012 and refer to 2009)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST TRADE FINANCE BANKS & PROVIDERS

2013:
  • COUNTRY WINNERS ABN Amro (National, 2013)
2012:
  • COUNTRY WINNERS ING (National, 2012)
2011:
  • COUNTRY WINNERS ING (National, 2011)
2010:
  • COUNTRY WINNERS Royal Bank of Scotland (National, 2010)
2009:
  • COUNTRY WINNERS RBS Netherlands (National, 2009)

WORLD'S BEST DEVELOPED MARKET BANKS

(ranking of the 50 safest banks in the world; the first is the safest)
2012:
  • Rabobank (National, 2012)
2011:
  • Rabobank (2011)
2010:
  • Rabobank (National, 2010)
2009:
  • Rabobank (National, 2009)

WORLD'S BEST INTERNET BANKS

2010:
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (National, 2010)
2009:
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (2009)

WORLD'S SAFEST BANKS

2013:
  • OVERALL SAFEST Bank Nederlandse Gemeenten (Global, 2013)
  • OVERALL SAFEST Nederlandse Waterschapsbank (Global, 2013)
  • OVERALL SAFEST Rabobank (Global, 2013)
  • REGIONAL WINNERS Bank Nederlandse Gemeenten (Western Europe, 2013)
  • REGIONAL WINNERS Nederlandse Waterschapbank (Western Europe, 2013)
  • REGIONAL WINNERS Rabobank (Western Europe, 2013)
2012:
  • OVERALL SAFEST Bank Nederlandse Gemeenten (BNG) (National, 2012)
  • OVERALL SAFEST Nederlandse Waterschapsbank (National, 2012)
  • OVERALL SAFEST Rabobank Group (National, 2012)
  • REGIONAL WINNERS Bank Nederlandse Gemeenten (BNG) (National, 2012)
  • REGIONAL WINNERS Nederlandse Waterschapsbank (National, 2012)
  • REGIONAL WINNERS Rabobank Group (National, 2012)
2011:
  • OVERALL SAFEST Bank Nederlandse Gemeenten (BNG) (National, 2011)
  • OVERALL SAFEST Rabobank Group (National, 2011)
  • OVERALL SAFEST Nederlandse Waterschapsbank (Alan Bollard, 2011)
  • REGIONAL WINNERS Bank Nederlandse Gemeenten (BNG) (National, 2011)
  • REGIONAL WINNERS Rabobank Group (2011)
  • REGIONAL WINNERS Nederlandse Waterschapsbank (National, 2011)
2010:
  • OVERALL SAFEST Bank Nederlandse Gemeenten (Alan Bollard, 2010)
  • OVERALL SAFEST Rabobank Group (National, 2010)
  • OVERALL SAFEST Nederlandse Waterschapsbank (National, 2010)
  • REGIONAL WINNERS Bank Nederlandse Gemeenten (National, 2010)
  • REGIONAL WINNERS Rabobank Group (Global, 2010)
  • REGIONAL WINNERS Nederlandse Waterschapsbank (Australasia, 2010)
2009:
  • OVERALL SAFEST Bank Nederlandse Gemeenten (BNG) (Global, 2009)
  • OVERALL SAFEST Rabobank Group (Alan Bollard, 2009)

WORLD'S BEST SUB CUSTODIANS

2012:
  • COUNTRY WINNERS BNP Paribas (National, 2012)
2011:
  • COUNTRY WINNERS BNP Paribas (National, 2011)
2010:
  • COUNTRY WINNERS BNP Paribas (Global, 2010)
2009:
  • COUNTRY WINNERS BNP Paribas (National, 2009)

WORLD'S BEST INVESTMENT BANKS

2013:
  • COUNTRY WINNERS Rabobank (National, 2013)
2012:
  • COUNTRY WINNERS ING (Africa, 2012)
2011:
  • COUNTRY WINNERS ING (National, 2011)
2010:
  • COUNTRY WINNERS ING (Australasia, 2010)
2009:
  • COUNTRY WINNERS Rabobank (National, 2009)

CENTRAL BANKER REPORT CARD

2010:

WORLD'S BIGGEST BANKS

2012:
  • OVERALL BIGGEST ING Group (National, 2012)
  • OVERALL BIGGEST Rabobank (National, 2012)
2011:
  • OVERALL BIGGEST ING Group (Sanusi Lamido Sanusi, 2011)
  • OVERALL BIGGEST Rabobank Group (National, 2011)
  • OVERALL BIGGEST ABN Amro (National, 2011)
2010:
  • OVERALL BIGGEST ING Group (National, 2010)
  • OVERALL BIGGEST Rabobank Group (National, 2010)

WORLD'S BEST FOREIGN EXCHANGE PROVIDERS

2013:
  • COUNTRY WINNERS ING (National, 2013)
2012:
  • COUNTRY WINNERS ING (National, 2012)
2011:
  • COUNTRY WINNERS ING (National, 2011)
2010:
  • COUNTRY WINNERS Rabobank (National, 2010)
2009:
  • COUNTRY WINNERS Rabobank (Alan Bollard, 2009)
ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE