GFmag Online Readers Survey 2012
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 bankNetherlands Bank
The Netherlands is part of the Eurosystem and the European Central Bank
International ReservesUS$ 54.680 billion (Source: IMF; Data updated: November 2011)
Gross Domestic Product - GDPUS$ 832.16 billion (2010 estimate)
GDP (Purchasing Power Parity)694.574 billion of International dollars (2010 estimate)
Real GDP growth
20002001200220032004200520062007
3.9%1.9%0.1%0.3%2.2%2%3.4%3.9%
2008200920102011*
1.9%-3.9%1.7%1.5%

*Estimate

GDP per capita - current pricesUS$ 49,950 (2010 estimate)
GDP per capita - PPP$41,691 International Dollars (2010 estimate)
GDP (PPP) - share of world total
19801990200020102015**
1.33%1.22%1.12%0.91%0.8%

**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)1.75% (2008)

(Data released on November 2010)

Inflation
2008200920102011*
2.2%(2008)1%0.9%2.3%

*Estimate

Unemployment rate
2008200920102011*
2.8%3.4%4.5%(2009)4.4%

*Estimate

Household saving rates7.6% (Net saving; 2011 forecast)

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)
20072008200920102011*
45.5%58.2%60.8%63.7%65.6%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2007200820092010*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
200720082009
US$956.469 billionUS$387.906 billionUS$542.533 billion
Largest companies in The NetherlandsRoyal Dutch Shell (Oil & Gas Operations), ING Group (Diversified Insurance), Unilever (Food Processing), Schlumberger (Oil Services & Equipment), Aegon (Diversified Insurance), Philips (Conglomerates), EADS (Aerospace & Defense), KPN (Telecommunications services), Ahold (Food Retail)
(2011)
DATA ON TRADE AND COMPETITIVENESS
Current account balanceUS$ 65.6 billion (2010 estimate)(After 2008)
Current account balance by percentage of GDP7.9% 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 export3.76%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export3.07%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exportsUS$451.3 billion f.o.b. (2010 estimate)
Export commoditiesmachinery and equipment, chemicals, fuels; foodstuffs
Total importsUS$485.3 billion f.o.b. (2008 estimate)
Import commoditiesmachinery and transport equipment, chemicals, fuels, foodstuffs, clothing
Exports - major partnersGermany 24.4%, Belgium 13.6%, UK 9.1%, France 8.5%, Italy 5.1%, US 4.3% (2007)
Imports - major partnersGermany 17.7%, China 10.5%, Belgium 9.3%, US 7.3%, UK 5.8%, Russia 5.1%, France 4.4% (2007)
FDI inflows
200820092010
US$3,577 millionUS$34,514 million(2009)US$-16,141 million(2009)
FDI outflows
200820092010
US$67,485 millionUS$26,927 millionUS$31,904 million
Value of cross-border M&A, by country of purchaser
2008200920102011
US$53,668 millionUS$-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 zoneUTC+1
Total area 41,543 km2 (2006)
CapitalAmsterdam (2009)
Currencyeuros (EUR) (2009)
Government typeconstitutional monarchy (2009)
LanguagesDutch (official), Frisian (official)
ReligionsRoman Catholic 30%, Dutch Reformed 11%, Calvinist 6%, other Protestant 3%, Muslim 5.8%, other 2.2%, none 42% (2006)
Total population
1980199020002010*2015**
14.15 million14.95 million15.93 million16.6 million16.63 million

*Estimate    **Forecast

Urban population as % of total population
1960198020002009
59.8%64.7%76.8%82.4%
Population median age39.0 years (2006)
Population growth rate1.5% (2009)
Life expectancy80 years (2007)
Adult literacyN/A
% of population living on less than $2 a dayN/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 population90.72% (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 & PROVIDERS

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

2012:
  • Rabobank (National, 2012)
2011:
  • Rabobank (National, 2011)
2010:
  • Rabobank (National, 2010)
2009:
  • Rabobank (Europe, 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

2012:
  • 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 CUSTODIANS

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

WORLD'S BEST INVESTMENT BANKS

2012:
  • 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 CARD

2010:

WORLD'S BIGGEST BANKS

2011:
  • 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 PROVIDERS

2012:
  • 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