ECONOMIC INFORMATION

 

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Population:16.2m

 

Population growth: 0.44%

Population density (people per sq. km): 479

UN Human Development Index ranking: 18/177

Gross national income (current US$): $426.6bn (2003)

Gross national income per capita: $26,310

PPP Gross national income: $463.8bn

PPP Gross national income per capita: $28,600

GDP growth: -0.9% (2003)

GDP breakdown Agriculture: 2.7%, Industry: 25.92%, Services: 71.41%

Inflation (12-month average): 2.58 (2003)

Gross capital formation as % of GDP: 20.38%

Final consumption expenditure as % of GDP (growth): 74.3% (1.8%)

Exports of goods & services as % of GDP: 61.7%

Top 3 export markets: Germany, Benelux, UK

Local industries: Agro-industries, metal & engineering products, electrical machinery & equipment, chemicals, petroleum, construction, microelectronics, fishing

WEF Growth Competitiveness ranking *: 12/104

WEF Business Competitiveness ranking **: 9/103

WEF Quality of the Business Environment ranking: 9/103

Transparency International Corruption Perceptions ranking: 10/145

Languages : Dutch (official)

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FDI INFORMATION

 

Region: Benelux

No. of projects (Jan-Sep 2004): 171

Market-share of projects in the region: 50.9%

Value of projects relative to GDP : 3.3%

Top 3 destination sectors: IT & software, chemicals, logistics & distribution

Top 3 business functions: Manufacturing, sales marketing & support, logistics & distribution

Top 3 source countries: US, Germany, UK

Top 3 investors: Johnson & Johnson, Air Liquide, Cisco Systems

 

 

IPA

Name: Netherlands Foreign Investment Agency

Web address: www.nfia.nl

* World Economic Forum Growth Competitiveness Ranking assesses an economy’s ability to grow consistently

** World Economic Forum Business Competitiveness Ranking assesses the microeconomic factors that contribute to economic growth

*** The difficulty of hiring workers and the difficulty and expense of firing workers is reflected as an index where the higher the value the more rigid the regulations