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The Economy of the Netherlands

By admin on Friday, 6th November 2009

Economy of the Netherlands

With a prosperous and open economy, the Netherlands depends largely on foreign trade. The economy also has a stable labor relations, unemployment and low inflation, the country is a major European transportation hub. Industrial activities, mainly in the food processing, chemical, oil refining, and electrical machinery.

A highly mechanized agricultural sector, the employment rate of less than 2% of the workforce. Even so, it provides a lot of the food industry and exports.

Al 1 de enero, los Países Bajos, junto con 11 de sus socios de la UE, cambió la moneda al euro, y el país es uno de los países europeos superiores para atraer la inversión extranjera.

The Netherlands is the world's 16th largest economy, the annual economic growth rate from 1998 to 2000, about 4% (GDP), well above the European average, in 2007, annual growth rate of speed, 4. 2%.

The Netherlands, the inflation rate was estimated at 1. 3%, while in the Netherlands, the unemployment rate is estimated at at least all EU members, only two. 9%. Stringent fiscal policy has to make a deficit of about 0. 3% of gross domestic product in 2005, dropped to 2. 1%, while the same period last year. The service sector in the Netherlands an important role in the economy, as well as the gross domestic product, about 75%, followed by the industrial sector.

Dollar of gross national income in 2004 has reached 523. 1 million average per capita 32130. 0 U.S. dollars project.

The Netherlands entered the World Bank, based on the OECD bloc countries to classify the high-income and 2006 income areas. The county has a total area of 41530. 0 kilometers square meters, and in 2000 3,600 square kilometers of forest area.

The country's main agricultural products are fruits, vegetables, grain, sugar and cattle, while the country's main industries are chemical, construction, petroleum, chemical industry, fishery and construction. National export of food, fuel, machinery and equipment manufacturing industry, France, Germany, Italy, Britain and Spain, as well as chemicals, fuel and clothing imports from the United States, China, Germany and Belgium.

As regards trade, the Netherlands has experienced in recent years, the trade surplus and balance of payments equilibrium. The Netherlands is in the reconstruction and development, a senior member of the International Development Association and the International Finance Corporation, an international bank as part of the founding members.

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