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$ 54.680 billion (Source: IMF; Data updated: November 2011) | | Gross Domestic Product - GDP |  | US$ 832.16 billion (2010 estimate) | | GDP (Purchasing Power Parity) |  | 694.574 billion of International dollars (2010 estimate) | | Real GDP growth |  | | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | | 3.9% | 1.9% | 0.1% | 0.3% | 2.2% | 2% | 3.4% | 3.9% | | 2008 | 2009 | 2010 | 2011* | | 1.9% | -3.9% | 1.7% | 1.5% |
*Estimate | | GDP per capita - current prices |  | US$ 49,950 (2010 estimate) | | GDP per capita - PPP |  | $41,691 International Dollars (2010 estimate) | | GDP (PPP) - share of world total |  | | 1980 | 1990 | 2000 | 2010 | 2015** | | 1.33% | 1.22% | 1.12% | 0.91% | 0.8% |
**Forecast | | GDP - composition by sector |  | | | Gross domestic expenditure on R&D (% of GDP) |  | 1.75% (2008) (Data released on November 2010) | | Inflation |  | | 2008 | 2009 | 2010 | 2011* | | 2.2%(2008) | 1% | 0.9% | 2.3% |
*Estimate | | Unemployment rate |  | | 2008 | 2009 | 2010 | 2011* | | 2.8% | 3.4% | 4.5%(2009) | 4.4% |
*Estimate | | Household saving rates |  | 7.6% (Net saving; 2011 forecast) (Data released on November 2010) | | Public debt (General government gross debt as a % of GDP) |  | | 2007 | 2008 | 2009 | 2010 | 2011* | | 45.5% | 58.2% | 60.8% | 63.7% | 65.6% |
*Estimate | | Public deficit (General government net lending/borrowing as a % of GDP) |  | | 2007 | 2008 | 2009 | 2010* | 2011** | | 0.3% | 0.4% | -5% | -6% | -5.1% |
*Estimate **Forecast | | Government bond ratings |  | Standard & Poor's: AAA/Stable/A-1+ Moody's rating: Aaa Moody's outlook: STA (Foreign Currency Government Bond Ratings; Data last updated Nov 2010) | | Market value of publicly traded shares |  | | 2007 | 2008 | 2009 | | US$956.469 billion | US$387.906 billion | US$542.533 billion |
| | Largest companies in The Netherlands |  | Royal Dutch Shell (Oil & Gas Operations), ING Group (Diversified Insurance), Unilever (Food Processing), Schlumberger (Oil Services & Equipment), Aegon (Diversified Insurance), Philips (Conglomerates), EADS (Aerospace & Defense), KPN (Telecommunications services), Ahold (Food Retail) (2011) |
 DATA ON TRADE AND COMPETITIVENESS | Current account balance |  | US$ 65.6 billion (2010 estimate)(After 2008) | | Current account balance by percentage of GDP |  | 7.9% of GDP (2010 estimate)(2009) | | Exports as percent of GDP (Exports of goods and services) |  | 76.7% (2008) (Data released on December 2010) | | Shares in world total merchandising export |  | 3.76%(2007) (Data were released in Nov 2011 and refer to 2010) | | Shares in world total commercial services export |  | 3.07%(2007) (Data were released in Nov 2011 and refer to 2010) | | Total exports |  | US$451.3 billion f.o.b. (2010 estimate) | | Export commodities |  | machinery and equipment, chemicals, fuels; foodstuffs | | Total imports |  | US$485.3 billion f.o.b. (2008 estimate) | | Import commodities |  | machinery and transport equipment, chemicals, fuels, foodstuffs, clothing | | Exports - major partners |  | Germany 24.4%, Belgium 13.6%, UK 9.1%, France 8.5%, Italy 5.1%, US 4.3% (2007) | | Imports - major partners |  | Germany 17.7%, China 10.5%, Belgium 9.3%, US 7.3%, UK 5.8%, Russia 5.1%, France 4.4% (2007) | | FDI inflows |  | | 2008 | 2009 | 2010 | | | US$3,577 million | US$34,514 million(2009) | US$-16,141 million(2009) | |
| | FDI outflows |  | | 2008 | 2009 | 2010 | | | US$67,485 million | US$26,927 million | US$31,904 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$14,252 million(2009) | US$23,065 million |
| | Cross-border M&A deals worth over $3 billion completed in 2008 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal) |  | Netherlands, Fortis Bank Nederland(Holding) NV, Netherlands, $23.1 billion Akzo Nobel NV, Imperial Chemical Industries PLC, United Kingdom, $16.3 billion Koninklijke Philips Electronics NV, Respironics Inc, United States, $5.3 billion Kelium Acquisition Holding, Hagemeyer NV, Netherlands, $4.1 billion
(for a monthly update on M&A click here ) | | 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 (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 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.) |  | Overall ranking: 30 out of 183 countries(2009) (2010) Subcategories: Starting a business: 71 out of 183 countries(2009) Registering property: 46 out of 183 countries Paying Taxes: 27 out of 183 countries Getting credit: 46 out of 183 countries Protecting investors: 109 out of 183 countries Trading across border: 13 out of 183 countries Enforcing Contracts: 29 out of 183 countries (2010) | Global competitiveness ranking (ranking by country on a basis of 142, the first is the best) |  | 7 (2011/2012) | Index of Economic Freedom WSJ and Heritage Foundation |  | Ranking: 15 Score: 74.7 (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 | 2010* | 2015** | | 14.15 million | 14.95 million | 15.93 million | 16.6 million | 16.63 million |
*Estimate **Forecast | | Urban population as % of total population |  | | 1960 | 1980 | 2000 | 2009 | | 59.8% | 64.7% | 76.8% | 82.4% |
| | Population median age |  | 39.0 years (2006) | | Population growth rate |  | 1.5% (2009) | | Life expectancy |  | 80 years (2007) | | Adult literacy |  | N/A | | % of population living on less than $2 a day |  | N/A | | Inequality of wealth distribution (Gini index) |  | 30.9 (1999) (0=perfect equality, 100=absolute inequality) | | Freedom House rating |  | Political Rights:1 Civil Liberties:1 (2010) (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 |  | 90.72% (Data were released in 2011 and refer to 2010) | | Cost of living 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) |  | 10.5127 (2008) |
 GLOBAL FINANCE RANKINGS AND AWARDS WORLD'S BEST TRADE FINANCE BANKS & PROVIDERS2012:- 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 BANKS2012:- Rabobank (National, 2012)
2011:- Rabobank (National, 2011)
2010:- Rabobank (National, 2010)
2009:WORLD'S BEST INTERNET BANKS2010:- COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (National, 2010)
2009:- COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (2009)
WORLD'S SAFEST BANKS2012:- REGIONAL WINNERS Bank Nederlandse Gemeenten (BNG) (Western Europe, 2012)
- REGIONAL WINNERS Nederlandse Waterschapsbank (Western Europe, 2012)
- REGIONAL WINNERS Rabobank Group (Western Europe, 2012)
- OVERALL SAFEST Bank Nederlandse Gemeenten (BNG) (Global, 2012)
- OVERALL SAFEST Nederlandse Waterschapsbank (Global, 2012)
- OVERALL SAFEST Rabobank Group (Global, 2012)
2011:- OVERALL SAFEST Bank Nederlandse Gemeenten (BNG) (Global, 2011)
- OVERALL SAFEST Rabobank Group (Global, 2011)
- OVERALL SAFEST Nederlandse Waterschapsbank (Global, 2011)
- REGIONAL WINNERS Bank Nederlandse Gemeenten (BNG) (Western Europe, 2011)
- REGIONAL WINNERS Rabobank Group (Western Europe, 2011)
- REGIONAL WINNERS Nederlandse Waterschapsbank (Western Europe, 2011)
2010:- OVERALL SAFEST Bank Nederlandse Gemeenten (Global, 2010)
- OVERALL SAFEST Rabobank Group (Global, 2010)
- OVERALL SAFEST Nederlandse Waterschapsbank (Global, 2010)
- REGIONAL WINNERS Bank Nederlandse Gemeenten (Western Europe, 2010)
- REGIONAL WINNERS Rabobank Group (Western Europe, 2010)
- REGIONAL WINNERS Nederlandse Waterschapsbank (Western Europe, 2010)
2009:- OVERALL SAFEST Bank Nederlandse Gemeenten (BNG) (Global, 2009)
- OVERALL SAFEST Rabobank Group (Global, 2009)
WORLD'S BEST SUB CUSTODIANS2011:- COUNTRY WINNERS BNP Paribas (National, 2011)
2010:- COUNTRY WINNERS BNP Paribas (National, 2010)
2009:- COUNTRY WINNERS BNP Paribas (2009)
WORLD'S BEST INVESTMENT BANKS2012:- COUNTRY WINNERS ING (National, 2012)
2011:- COUNTRY WINNERS ING (National, 2011)
2010:- COUNTRY WINNERS ING (National, 2010)
2009:- COUNTRY WINNERS Rabobank (National, 2009)
CENTRAL BANKER REPORT CARD2010:WORLD'S BIGGEST BANKS2011:- OVERALL BIGGEST ING Group (Global, 2011)
- OVERALL BIGGEST Rabobank Group (Global, 2011)
- OVERALL BIGGEST ABN Amro (Global, 2011)
2010:- OVERALL BIGGEST ING Group (Global, 2010)
- OVERALL BIGGEST Rabobank Group (Global, 2010)
WORLD'S BEST FOREIGN EXCHANGE PROVIDERS2012:- COUNTRY WINNERS ING (National, 2012)
2011:- COUNTRY WINNERS ING (National, 2011)
2010:- COUNTRY WINNERS Rabobank (National, 2010)
2009:- COUNTRY WINNERS Rabobank (National, 2009)
 ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE |