Netherlands
Description of Netherlands
The Netherlands, known for its tulip fields, windmills, and cycling culture, is a country that punches well above its weight on the global stage. Situated in Western Europe, this small but densely populated nation has a rich history of trade and innovation, dating back to its Golden Age when it was a maritime superpower. Today, the Netherlands is recognized for its progressive policies, advanced infrastructure, and thriving economy. As we delve deeper into the intricacies of the Dutch society and economy, we will uncover the unique dynamics that shape this influential European nation.
Population And Age Structure
- The total population of Netherlands is 17,441,500 which is below the average population of 40,097,746.
The country is ranked 67th out of 194 countries in terms of total population.
- The percentage of population ages 0-14 in Netherlands is 15.60%, below the average of 27.34%. This ranks
Netherlands 168th out of 194 countries.
- Netherlands has a total of 2,720,919 children aged 0-14 which is below the average of 10,327,380. The
country is ranked 88th out of 194 countries in this category.
- With 64.75% of its population falling in the 15-64 age group, Netherlands exceeds the global average of
63.44%. The country is ranked 94th out of 194 countries.
- The total population of Netherlands aged 15-64 is 11,293,838, falling below the average of 26,003,407.
Netherlands ranks 64th out of 194 countries in this aspect.
- The percentage of population ages 65 and above in Netherlands is 19.65%, well above the global average
of 9.22%. The country is ranked 22nd out of 194 countries for this age group.
- Netherlands has a total of 3,426,742 elderly population, slightly below the average of 3,766,959. The
country is ranked 34th out of 194 countries in this category.
Summary
The analysis of key macroeconomic indicators for Netherlands reveals that the country has a comparatively small total population, with a lower percentage of children aged 0-14 and a higher percentage of elderly population aged 65 and above. This demographic profile is significant as it indicates potential challenges in terms of healthcare, social security, and workforce dynamics for the country in the future.
Population Miscellaneous
1. Rural population: The Netherlands has a rural population of 1,354,158, significantly below the average of 18,044,041. The country ranks 117 out of 190 countries in this attribute.
2. Rural population (% of total population): The Netherlands' rural population (% of total population) stands at 7.764, much lower than the average of 41.158. The country ranks 183 out of 190 countries in this category.
3. Urban population: With an urban population of 16,087,342, the Netherlands falls below the average of 22,425,747. The country ranks 47 out of 194 countries in urban population.
4. Urban population (% of total population): The Netherlands has an urban population (% of total population) of 92.236, higher than the average of 59.691. It holds the 12th rank out of 194 countries in this attribute.
5. Age dependency ratio (% of working-age population): The Netherlands has an age dependency ratio of 54.43%, slightly below the average of 59.22%. It ranks 101 out of 194 countries in this metric.
6. Birth rate, crude (per 1,000 people): The Netherlands' crude birth rate is 9.7 per 1,000 people, lower than the average of 19.38. The country ranks 162 out of 192 countries in this aspect.
7. Death rate, crude (per 1,000 people): The Netherlands shares a crude death rate of 9.7 per 1,000 people, higher than the average of 8.21. It ranks 46 out of 192 countries in this statistic.
8. Fertility rate, total (births per woman): The Netherlands has a total fertility rate of 1.54 births per woman, below the average of 2.60. It ranks 150 out of 190 countries in this category.
Summary
The Netherlands has a relatively low rural population and a high urban population compared to global averages. It also has a lower birth rate and fertility rate, leading to an aging population with a higher age dependency ratio. These indicators are important as they reflect urbanization trends, population dynamics, and potential future challenges related to workforce sustainability and healthcare costs.
Military
The Netherlands' military expenditure in current USD is $13.09 billion, exceeding the average by $180.72 million. The country ranks 19th out of 149 countries in this attribute.
With a military expenditure (% of GDP) of 1.44%, the Netherlands falls below the average of 1.90%. It holds the 79th rank out of 148 countries in this category.
The Netherlands' arms imports amount to $575 million, which is significantly higher than the average by $369.48 million. The country ranks 13th out of 113 in this aspect.
In arms exports, the Netherlands records $462 million, below the average by $243.71 million. It ranks 10th out of 34 countries in this field.
The total number of armed forces personnel in the Netherlands is 41,000, much lower than the average of 165,908 personnel. The country is ranked 80th out of 164 countries in this regard.
The Netherlands' armed forces personnel (% of total labor force) stands at 0.43%, below the average of 1.28%. The country ranks 121st out of 164 countries in this category.
Summary
The Netherlands maintains a strong military presence with high levels of military expenditure, arms imports, and arms exports, positioning itself as a significant player in the global defense industry. However, the country's relatively small armed forces personnel numbers suggest a leaner approach to defense compared to the global average. These indicators are crucial for understanding the Netherlands' defense capabilities, its role in international security, and its potential contributions to coalitions and alliances.
Natural Resources
1. Forest area (sq. km): The Netherlands has a forest area of 3695 sq. km, significantly below the attribute average of 211,606 sq. km. This ranks the Netherlands 143rd out of 191 countries in the dataset.
2. Land area (sq. km): With a land area of 33,670 sq. km, the Netherlands falls far below the attribute average of 665,167 sq. km, ranking 133rd out of 194 countries.
3. Surface area (sq. km): The Netherlands has a surface area of 41,540 sq. km, well below the attribute average of 689,780 sq. km. This places the country at the 131st position out of 194 nations.
4. Arable land (hectares): The Netherlands possesses 1,004,830 hectares of arable land, significantly less than the attribute average of 7,329,543 hectares. The country ranks 108th out of 190 countries in this aspect.
5. Land under cereal production (hectares): The Netherlands has 172,280 hectares of land dedicated to cereal production, falling short of the attribute average of 4,206,012 hectares. The country ranks 124th out of 174 nations.
6. Average precipitation in depth (mm per year): With an average precipitation depth of 778 mm per year, the Netherlands is below the attribute average of 1,157.83 mm per year. This places the country at the 106th position out of 178 countries.
7. Renewable internal freshwater resources, total (billion cubic meters): The Netherlands has 11 billion cubic meters of renewable internal freshwater resources, significantly lower than the attribute average of 240.41 billion cubic meters. The country ranks 121st out of 178 nations in this category.
Summary
The Netherlands showcases below-average statistics in key macroeconomic indicators such as forest area, land area, arable land, and renewable internal freshwater resources. These figures reflect the country's limited natural resources compared to the global average, impacting its agricultural capacity, environmental sustainability, and water management strategies. Understanding these metrics is crucial for policymakers to address challenges related to land use, resource allocation, climate resilience, and sustainable development initiatives.
Resource Rents
The Total natural resources rents (% of GDP) for Netherlands is 0.0837, which is significantly lower than the attribute average of 4.63. This places Netherlands at a rank of 149 out of 175 countries.
Regarding Forest rents (% of GDP), Netherlands has a value of 0.0038, well below the attribute average of 1.53. This ranks Netherlands at 158 out of 174 countries.
Netherlands' Oil rents (% of GDP) stand at 0.0111, much lower than the attribute average of 2.51, positioning the country at rank 92 out of 117 countries.
For Natural gas rents (% of GDP), Netherlands records 0.0688, lower than the attribute average of 1.25. This places Netherlands at rank 52 out of 96 countries.
Summary
The analysis of key macroeconomic indicators for Netherlands reveals that the country has relatively low levels of natural resources rents compared to the global average. Netherlands ranks below average in Total natural resources rents, Forest rents, Oil rents, and Natural gas rents as a percentage of GDP. This indicates that the country may have limited economic reliance on its natural resource sectors, which could impact its economic diversification, sustainability, and resilience to commodity price fluctuations.
Commodities
In terms of Cereal production, the Netherlands has a value of 1,364,440 metric tons, which is significantly below the average of 17,249,945.93 metric tons, ranking 99th out of 174 countries in the dataset.
The Aquaculture production in the Netherlands stands at 39,940 metric tons, also notably lower than the average of 679,642.92 metric tons. The country ranks 50th out of 180 countries in this category.
For Capture fisheries production, the Netherlands produces 307,176.11 metric tons, falling short of the average of 467,453.06 metric tons. The country ranks 46th out of 190 countries included in the data.
Regarding Total fisheries production, the Netherlands yields 347,116.11 metric tons, well below the average of 1,153,914.85 metric tons. The country ranks 45th out of 182 countries in this aspect.
When it comes to Fertilizer consumption (kilograms per hectare of arable land), the Netherlands' consumption of 276.61 kilograms is above the average of 159.04 kilograms. The country holds the 24th rank out of 187 countries in this metric.
Summary
The Netherlands falls below average in terms of cereal production, aquaculture production, capture fisheries production, and total fisheries production, indicating potential areas for improvement in these sectors. However, the country excels in fertilizer consumption, consuming more kilograms per hectare of arable land compared to the average. This high fertilizer consumption could signify advanced agricultural practices in the Netherlands, contributing to higher yields and agricultural productivity.
Intellectual Property
- The Netherlands has 825 patent applications from nonresidents, ranking 33rd out of 129 countries, below
the average of 6538. The country falls significantly below the average in this aspect.
- With 2198 patent applications from residents, the Netherlands ranks 18th out of 117 countries, notably
lower than the average of 19037. It is considerably below the average in this metric.
- The country's 33376.81 scientific and technical journal articles position it in 18th place out of 192
countries, surpassing the average of 15103. The Netherlands excels in this category.
- The Netherlands generates 36086276615.31 USD in charges for the use of intellectual property, ranking
4th out of 143 countries, significantly above the average of 3218843494.38. The country performs
remarkably well in this field.
- With 40215571668.40 USD in charges for the use of intellectual property receipts, the Netherlands ranks
3rd out of 122 countries, well above the average of 3191687117.58. The country excels significantly in
this aspect.
- Researchers in R&D in the Netherlands, at 5865.73 per million people, rank the country 7th out of 72
countries, far above the average of 2556.44. The Netherlands performs exceptionally well in this
particular area.
Summary
The Netherlands performs below the average in patent applications from both residents and nonresidents, but excels in scientific and technical journal articles, charges for the use of intellectual property, receipts from intellectual property, and researchers in R&D per million people. These indicators are crucial as they reflect the country's innovation capacity, research output, and ability to monetize intellectual property, positioning the Netherlands as a leader in these fields despite its lower performance in patent applications.
Broad Economy Attributes
When analyzing GDP (current US$), the Netherlands has a value of $909,793,466,661.48, which is significantly above the average of $442,870,224,838.68. The country ranks 17th out of 189 countries in this data set.
For GDP, PPP (current international $), the Netherlands' value of $1,065,124,600,844.04 is also above the average of $734,141,122,350.78. The country ranks 26th out of 181 countries.
Looking at GDP per capita (current US$), the Netherlands has a value of $52,162.57, far exceeding the average of $15,462.11. The country holds the 14th rank out of 190 countries.
In terms of GDP per capita, PPP (current international $), the Netherlands' value of $61,068.41 is notably higher than the average of $21,251.89. The country ranks 11th out of 181 countries.
When considering GNI (current US$), the Netherlands stands at $880,056,390,964.98, well above the average of $452,040,815,370.70. The country shares the 17th rank out of 185 countries.
For GNI, PPP (current international $), the Netherlands' value of $1,030,310,445,717.46 is higher than the average of $730,698,223,823.47. The country ranks 25th out of 181 countries in this category.
Lastly, in GNI per capita, PPP (current international $), the Netherlands has a value of $59,070, surpassing the average of $20,615.75. The country holds the 14th rank out of 181 countries.
Summary
The Netherlands demonstrates strong economic performance across key indicators such as GDP, GDP per capita, GNI, and GNI per capita, consistently ranking high globally. These figures signify a robust and prosperous economy with high levels of wealth creation, income generation, and overall economic output per capita, reflecting a high standard of living for its population.
These statistics are crucial as they illustrate the Netherlands' stability, competitiveness, and attractiveness for investment, showcasing its potential for sustained economic growth, innovation, and development in both domestic and international contexts.
Broad Value Added
The Gross value added at basic prices (GVA) for Netherlands is $810.53 billion, ranking 16th out of 176 countries. This value is significantly higher than the average GVA of $360.07 billion.
Agriculture, forestry, and fishing value added as a percentage of GDP for Netherlands is 1.60%, ranking 158th out of 182 countries, which is below the average of 10.86%.
Netherlands' Agriculture, forestry, and fishing value added in current US dollars is $14.55 billion, ranking 39th out of 182 countries, below the average of $19.92 billion.
Services value added as a percentage of GDP for Netherlands is 69.63%, ranking 22nd out of 183 countries, above the average of 56.72%.
Netherlands' Services value added in current US dollars is $633.53 billion, ranking 16th out of 183 countries, significantly higher than the average of $295.84 billion.
The Industry (including construction) value added in current US dollars for Netherlands is $162.46 billion, ranking 22nd out of 183 countries, above the average of $118.42 billion.
Summary
Netherlands has a high Gross Value Added (GVA) at $810.53 billion, ranking 16th globally, indicating a robust economy. However, the country's Agriculture, forestry, and fishing sectors contribute less to its GDP compared to the global average, while the Services sector is a major driver of economic output, exceeding the average. This highlights a well-diversified economy with a strong emphasis on services, potentially reducing vulnerability to fluctuations in agriculture and enhancing overall stability.
Manufacturing Value Added
Manufacturing, value added (current US$): The focus country, Netherlands, has a value of 98,498,423,651.36 for this attribute, which is above the average of 76,207,179,589.66. This places Netherlands at rank 21 out of 173 countries in the dataset.
Manufacturing, value added (% of GDP): Netherlands has a value of 10.83 for this attribute, slightly below the average of 11.90. The country is ranked 94th out of 173 nations.
Medium and high-tech manufacturing value added (% manufacturing value added): Netherlands excels in this attribute with a value of 51.35, far surpassing the average of 24.49. The country ranks 10th out of 149 nations.
Chemicals (% of value added in manufacturing): With a value of 14.33, Netherlands exceeds the average of 11.56. The country holds the 22nd rank out of 89 nations in the dataset.
Food, beverages and tobacco (% of value added in manufacturing): Netherlands falls below the average with a value of 17.97 compared to 24.51. The country ranks 51st out of 92 nations for this attribute.
Machinery and transport equipment (% of value added in manufacturing): Netherlands performs well in this attribute with a value of 34.53, above the average of 16.85. The country is ranked 9th out of 93 nations.
Textiles and clothing (% of value added in manufacturing): Netherlands has a value of 1.48 for this attribute, significantly lower than the average of 6.33. This places the country at rank 76 out of 93 nations.
Other manufacturing (% of value added in manufacturing): With a value of 31.68, Netherlands falls below the average of 42.13. The country is ranked 76th out of 94 nations included in the dataset.
Summary
The analysis of key macroeconomic manufacturing indicators for Netherlands reveals strengths in medium and high-tech manufacturing value added, chemicals, and machinery and transport equipment sectors. However, the country lags in food, beverages, and tobacco manufacturing as well as textiles and clothing production. These findings are important as they showcase Netherlands' specialization in high-tech manufacturing, which can drive innovation, economic growth, and international competitiveness, while also highlighting areas that may require further investment and development to enhance overall manufacturing performance.
Money
Regarding Inflation, consumer prices (annual %), the Netherlands has a value of 1.27%, which is below the average of 8.26%. The country ranks 101 out of 165 countries in the dataset.
As for Inflation, GDP deflator (annual %), the Netherlands recorded a value of 1.93%, also below the average of 6.90%. This places the country at rank 96 out of 188 countries considered for this attribute.
Summary
The Netherlands demonstrates relatively low levels of inflation based on both consumer prices and GDP deflator indicators compared to global averages. With inflation rates at 1.27% and 1.93% respectively, the country ranks 101st and 96th out of the total countries surveyed. This stability in prices can promote economic growth by maintaining purchasing power, encouraging investment, and fostering confidence among consumers and businesses.
Consumption Expenditure
Final consumption expenditure (current US$): The Netherlands has a value of 620.25 billion USD, which is above the average of 381.63 billion USD. It ranks 17th out of 159 countries in this dataset.
Final consumption expenditure (% of GDP): The Netherlands has a value of 68.17%, below the average of 82.37%. It ranks 135th out of 159 countries.
General government final consumption expenditure (current US$): The Netherlands has a value of 237.05 billion USD, significantly above the average of 93.68 billion USD. It ranks 15th out of 158 countries.
General government final consumption expenditure (% of GDP): The Netherlands has a value of 26.06%, above the average of 18.71%. It ranks 18th out of 158 countries.
Household and NPISHs Final consumption expenditure (current US$): The Netherlands has a value of 383.20 billion USD, above the average of 290.13 billion USD. It ranks 19th out of 158 countries.
Households and NPISHs final consumption expenditure (% of GDP): The Netherlands has a value of 42.12%, below the average of 63.68%. It ranks 146th out of 158 countries.
Summary
The Netherlands demonstrates a robust final consumption expenditure surpassing the global average, positioning itself in the top tiers for both total and government final consumption expenditure. However, the country lags in household and NPISHs final consumption expenditure relative to GDP, ranking lower compared to the global average. These indicators are crucial as they reflect the distribution of spending across sectors within the economy, highlighting the government's role in driving consumption and investment activities.
Equities
- The S&P Global Equity Indices in the Netherlands had an annual change of 26.91%, significantly above the attribute average of 2.06%. The Netherlands ranks 6th out of 79 countries in this data set.
Summary
In the Netherlands, the S&P Global Equity Indices experienced a remarkable annual growth rate of 26.91%, a stark contrast to the global average of 2.06%. This places the Netherlands at a notable 6th position out of 79 countries in this specific dataset. These findings indicate a strong performance and stability in the Dutch equities market, showcasing favorable conditions for investors and potential economic growth within the country.
Investment
Foreign direct investment, net (BoP, current US$): The focus country value for the Netherlands is -86409447008.13, significantly below the attribute average of -1615235980.51. This places the Netherlands at rank 166 out of 169 countries included in the data.
Foreign direct investment, net inflows (BoP, current US$): The Netherlands' value of -202784872121.04 is well below the attribute average of 5749271080.15, ranking at 181 out of 182 countries.
Foreign direct investment, net inflows (% of GDP): The Netherlands shows a value of -22.29%, which is considerably lower than the average of 2.61%. This places the Netherlands at rank 175 out of 178 countries.
Foreign direct investment, net outflows (BoP, current US$): With a value of -289194319129.18, the Netherlands is below the attribute average of 5707991116.07, ranking at 156 out of 156 countries.
Foreign direct investment, net outflows (% of GDP): The Netherlands' value of -31.79% is significantly below the average of 1.00%, placing the country at rank 153 out of 155 countries.
Portfolio Investment, net (BoP, current US$): The Netherlands excels in this attribute with a value of 210169552277.67, surpassing the average of 679559169.57 and securing the top rank out of 159 countries.
Portfolio equity, net inflows (BoP, current US$): The Netherlands' value of -98157927594.76 is below the average of 9197145994.70, positioning the country at rank 125 out of 125 countries.
Summary
The Netherlands exhibits mixed performance in key macroeconomic indicators related to foreign direct investment and portfolio investment. The country ranks poorly in terms of net FDI inflows and outflows as a percentage of GDP but excels in portfolio investment, securing the top rank globally. These statistics are crucial as they reflect the attractiveness of the Netherlands as a destination for portfolio investors and highlight potential challenges in attracting foreign direct investment, which is vital for long-term economic growth and development.
Broad Trade Attributes
Trade (% of GDP): The Netherlands' percentage of trade to GDP is 146.46, which is significantly higher than the average of 82.34. This places the Netherlands at rank 16 out of 163 countries in the dataset.
Merchandise trade (% of GDP): With a value of 139.56, the Netherlands exceeds the average of 60.01 for this attribute. The country ranks 12 out of 186 countries in the dataset.
Trade in services (% of GDP): The Netherlands demonstrates a trade in services percentage of 38.88, higher than the average of 24.63. The country holds the 22nd position out of 171 countries in the dataset.
External balance on goods and services (current US$): The Netherlands' balance of goods and services amounts to 91,608,696,722.18 USD, significantly surpassing the average of 3,405,509,011.13 USD. This ranks the Netherlands 4th out of 163 countries.
External balance on goods and services (% of GDP): At 10.07%, the Netherlands' external balance on goods and services is above the average of -5.97%. This places the Netherlands at rank 11 out of 163 countries in the dataset.
Summary
The Netherlands stands out in key macroeconomic indicators related to trade, merchandise trade, trade in services, and external balance on goods and services. With significantly higher values compared to global averages and impressive rankings among a large dataset of countries, these indicators demonstrate the Netherlands' strong economic reliance on trade, both in goods and services. This highlights the country's robust international trade relationships, competitiveness in the global market, and ability to maintain a positive balance in its external trade, which are vital for its economic growth and stability.
Net Trade
- The Netherlands has a Current account balance (BoP) of $46,848,674,810.33, ranking 7th out of 170
countries. This value is significantly above the attribute average of $1,443,864,831.49.
- In terms of Current account balance (% of GDP), the Netherlands stands at 5.15%, ranking 21st out of 170
countries. This figure is notably higher than the attribute average of -2.36%.
- The Netherlands exhibits a Net trade in goods and services (BoP) of $91,781,575,015.86, ranking 4th out
of 171 countries and surpassing the attribute average by a considerable margin.
- With a Net primary income of -$29,888,265,331.42, the Netherlands ranks 162nd out of 170 countries,
falling well below the attribute average of -$903,807,529.74.
- The country's Net secondary income is -$15,044,634,874.11, ranking 161st out of 170 countries. This
value is notably higher than the attribute average of -$269,227,340.40.
- The Netherlands demonstrates a strong performance in Net trade in goods, with a value of
$70,715,186,048.01, surpassing the attribute average significantly and ranking 8th out of 171
countries.
- The Net capital account for the Netherlands is -$62,783,992.24, ranking 137th out of 159 countries. This
figure is below the attribute average of $136,543,824.05.
- The Net financial account is a positive $41,454,981,819.05 for the Netherlands, ranking 8th out of 170
countries and well above the attribute average of -$469,840,994.63.
Summary
The Netherlands demonstrates a robust economic performance with a notable Current account balance and Net trade in goods and services. However, the country faces challenges in Net primary and secondary income, indicating areas for improvement in income generation. The positive Net financial account reflects strong international investment positions, contributing to economic stability and growth.
Broad Export Attributes
Exports of goods, services and primary income in Netherlands amount to $950.86 billion, ranking 6th out of 170 countries. This value is significantly above the average of $146.24 billion.
Netherlands' exports of goods and services stand at $712.41 billion, ranking 7th out of 170 countries. This figure is notably higher than the average of $122.94 billion.
The country's goods exports total $525.02 billion, ranking 5th out of 171 countries. Netherlands exceeds the average of $93.31 billion by a substantial margin.
With exports of goods and services contributing to 78.27% of its GDP, Netherlands ranks 13th out of 163 countries. This percentage is significantly above the average of 38.19%.
Netherlands receives only 1.53% of its total exports from international tourism, ranking 96th out of 120 countries. This value is considerably below the average of 9.74%.
ICT goods exports constitute 11.11% of total goods exports for Netherlands, placing it at 15th out of 142 countries. This percentage is notably higher than the average of 3.81%.
Summary
Netherlands stands out as a global economic powerhouse with its exports of goods, services, and primary income exceeding global averages across various categories. The country's strong export performance, especially in goods and services, not only boosts its economic growth but also showcases its competitive edge in international trade. The high contribution of exports to the GDP and the significant share of ICT goods exports further highlight Netherlands' economic resilience and technological prowess on the global stage.
Merchandise Exports
1. Merchandise exports (current US$): The focus country, Netherlands, has a value of $674.6 billion, ranking 4th out of 187 countries. This value is significantly above the average of $89.5 billion.
2. Agricultural raw materials exports (% of merchandise exports): Netherlands' percentage of agricultural raw materials exports is 3.01%, ranking 39th out of 151 countries. This is slightly above the average of 2.97%.
3. Food exports (% of merchandise exports): Netherlands' food exports account for 16.24% of merchandise exports, ranking 77th out of 152 countries. This value is below the average of 24.06%.
4. Fuel exports (% of merchandise exports): With fuel exports at 7.46% of total merchandise exports, Netherlands ranks 52nd out of 147 countries. This is below the average of 13.70%.
5. Ores and metals exports (% of merchandise exports): Netherlands' ores and metals exports constitute 2.21% of total merchandise exports, ranking 92nd out of 152 countries. This falls below the average of 9.10%.
6. Merchandise exports by the reporting economy, residual (% of total merchandise exports): The residual exports from Netherlands make up 1.44% of total merchandise exports, placing it 51st out of 166 countries. This value is below the average of 3.20%.
Summary
Netherlands has a strong economy with high merchandise exports totaling $674.6 billion, ranking 4th globally. While the country's exports of agricultural raw materials, food, fuel, ores, and metals are slightly below average compared to other nations, its overall export diversification across various sectors indicates a resilient and stable economy.
These indicators are crucial as they reflect the country's economic specialization and competitive advantages. Understanding the composition of exports allows policymakers and businesses to identify strengths, weaknesses, and potential areas for growth and innovation in the economy. It also signifies the country's role in global trade and its ability to weather market fluctuations by having a diversified export base.
Technology Exports
Manufactures exports (% of merchandise exports): The Netherlands has a value of 68.30%, which is above the average of 42.62%. This places the Netherlands at rank 44 out of 152 countries.
High-technology exports (current US$): The Netherlands has a value of $87,143,360,465, well above the average of $16,655,934,078.80. This ranks the Netherlands 9th out of 151 countries.
High-technology exports (% of manufactured exports): The Netherlands' value of 23.14% surpasses the average of 10.15%. The country ranks 17th out of 150 countries in this aspect.
Medium and high-tech exports (% manufactured exports): The Netherlands' value of 59.56% exceeds the average of 34.29%. This places the Netherlands at rank 33 out of 149 countries.
Summary
The Netherlands demonstrates a strong presence in the global market for exports, particularly in high-technology goods. With high percentages of high-tech and medium-high-tech exports compared to the global average, the country holds competitive positions in these sectors. These indicators are crucial as they showcase the Netherlands' advanced capabilities in technology-driven industries, contributing significantly to its economic growth and competitiveness on the international stage.
Service Exports
Analysis of key statistics for Service Exports in the Netherlands:
- Service exports in the Netherlands amount to $187.39 billion, which is significantly above the average of $28.92 billion. The Netherlands ranks 9th out of 171 countries in this category.
- ICT service exports in the Netherlands stand at $20.00 billion, well above the average of $4.58 billion. The country also holds the 9th position out of 166 countries in this sector.
- ICT service exports as a percentage of total service exports is 10.67% in the Netherlands, slightly below the average of 11.75%. The country ranks 65th out of 166 nations in this aspect.
- Communications, computer, etc. services contribute 70.91% to the Netherlands' service exports, significantly higher than the average of 45.85%. The country ranks 27th out of 169 countries in this field.
- Transport services form 20.13% of the Netherlands' service exports, slightly below the average of 21.80%. The country holds the 75th position out of 169 nations in this regard.
- Travel services constitute only 5.14% of the Netherlands' service exports, way below the average of 26.40%. The country ranks 144th out of 167 countries in this category.
- Insurance and financial services represent 3.82% of the Netherlands' service exports, notably lower than the average of 6.46%. The country holds the 77th position out of 161 nations in this sector.
Summary
In summary, the Netherlands excels in service exports, particularly in ICT services and communications-related services, contributing significantly to its total service exports. However, the country lags behind in travel services and insurance/financial services. These findings are crucial as they highlight the Netherlands' strengths in certain service sectors and areas for potential growth and improvement in others, which can guide policy decisions and strategic investments to enhance the country's position in the global services market.
Commercial Service Exports
1. Commercial service exports: The Netherlands' commercial service exports amount to $186.60 billion, ranking 9th out of 171 countries. This value is significantly above the average of $28.51 billion.
2. Travel services (% of commercial service exports): The Netherlands' travel services account for 5.16% of its commercial service exports, ranking 145th out of 167 countries. This percentage is below the average of 27.89%.
3. Computer, communications and other services (% of commercial service exports): The Netherlands allocates 70.78% of its commercial service exports to these services, ranking 21st out of 169 countries. This value is notably above the average of 42.44%.
4. Insurance and financial services (% of commercial service exports): The Netherlands dedicates 3.84% of its commercial service exports to insurance and financial services, ranking 80th out of 161 countries. This percentage is below the average of 6.97%.
5. Transport services (% of commercial service exports): The Netherlands allocates 20.22% of its commercial service exports to transport services, ranking 80th out of 169 countries. This figure is slightly below the average of 23.37%.
Summary
The Netherlands stands out in its strong commercial service exports, ranking high globally at 9th out of 171 countries. It particularly excels in computer, communications, and other services, allocating 70.78% of its exports to these sectors. However, it falls behind in travel services and insurance/financial services, highlighting areas for potential growth and diversification. These indicators are crucial as they reflect the country's economic specialization, competitiveness, and potential areas for future development and policy focus.
Broad Import Attributes
Imports of goods and services (current US$): The Netherlands has a value of 620.45 billion, ranking 7th out of 163 countries. This value is significantly above the average of 126.19 billion.
Imports of goods and services (% of GDP): The Netherlands has a value of 68.20%, ranking 24th out of 163 countries. This percentage is higher than the average of 44.15%.
International tourism, expenditures (% of total imports): The Netherlands spends 1.20% on tourism relative to total imports, ranking 115th out of 131 countries. This percentage is below the average of 3.98%.
ICT goods imports (% total goods imports): The Netherlands imports 14.92% of ICT goods, ranking 11th out of 143 countries. This percentage is above the average of 6.85%.
Goods imports (BoP, current US$): The Netherlands has imports valued at 454.30 billion, ranking 7th out of 171 countries. This value is substantially higher than the average of 92.01 billion.
Imports of goods and services (BoP, current US$): The Netherlands has a value of 620.63 billion, ranking 7th out of 170 countries. This value is well above the average of 120.32 billion.
Imports of goods, services and primary income (BoP, current US$): The Netherlands has a value of 888.96 billion, ranking 7th out of 170 countries. This value is significantly higher than the average of 144.51 billion.
Summary
The Netherlands demonstrates a strong reliance on imports, as evidenced by its high values across multiple indicators such as imports of goods and services, ICT goods imports, and total imports expenditure. This indicates a high level of integration in the global economy and a need for efficient trade policies to maintain economic stability and growth.
Merchandise Imports
1. For Merchandise imports (current US$), Netherlands has a value of $595.12 billion. This is significantly higher than the average of $89.39 billion, ranking 6th out of 190 countries.
2. Manufactures imports (% of merchandise imports) in Netherlands stand at 70.45%, slightly above the average of 66.76%. The country ranks 57th out of 152 nations.
3. Agricultural raw materials imports (% of merchandise imports) for Netherlands are at 1.73%, slightly higher than the average of 1.27%, placing the country 31st out of 152 countries.
4. Netherlands' Food imports (% of merchandise imports) account for 13.48%, slightly below the average of 15.89%, ranking 85th out of 152 nations.
5. Fuel imports (% of merchandise imports) for Netherlands make up 9.53%, below the average of 11.38%. The country ranks 90th out of 152 countries.
6. Ores and metals imports (% of merchandise imports) in Netherlands represent 2.61%, slightly exceeding the average of 2.57%. The country is ranked 52nd out of 152 nations.
7. Merchandise imports by the reporting economy, residual (% of total merchandise imports) in Netherlands amount to 0.87%, significantly lower than the average of 2.51%. The country ranks 67th out of 180 countries.
Summary
Netherlands has a strong economy with a high volume of merchandise imports, mainly consisting of manufactures. Its imports of agricultural raw materials, food, fuel, ores, and metals are all in line with or slightly above global averages. The country's lower percentage of residual imports suggests efficient import management, contributing to its competitive ranking globally. These indicators are crucial as they reflect Netherlands' trade diversification, economic stability, and efficiency in managing import resources.
Service Imports
1. Service imports (BoP, current US$): The Netherlands has a high value of $166.33 billion, which is significantly above the average of $27.62 billion. This places the Netherlands at the 9th rank out of 171 countries in the dataset.
2. Communications, computer, etc. (% of service imports, BoP): With a percentage of 70.43%, the Netherlands exceeds the average of 44.40%. This ranks the Netherlands 13th out of 169 countries in the dataset.
3. Transport services (% of service imports, BoP): The Netherlands' value of 17.42% is below the average of 32.90%. This places the Netherlands at the 142nd rank out of 169 countries.
4. Travel services (% of service imports, BoP): At 4.41%, the Netherlands falls below the average of 14.14%. This ranks the Netherlands 141st out of 169 countries.
5. Insurance and financial services (% of service imports, BoP): The Netherlands' value of 7.74% is slightly lower than the average of 8.53%. This positions the Netherlands at the 76th rank out of 169 countries.
Summary
The Netherlands stands out in its high service imports, particularly in communications and computer services, where it exceeds the global average. However, it lags behind in transport and travel services imports. This indicates a strong reliance on digital services but a weaker presence in traditional transportation and travel sectors. Diversifying the import portfolio to strengthen all service sectors could enhance the country's overall economic resilience and competitiveness.
Commercial Service Imports
Commercial service imports (current US$): The focus country, Netherlands, has a value of 166.13 billion USD, ranking 9th out of 171 countries. This is significantly higher than the average value of 27.10 billion USD.
Computer, communications and other services (% of commercial service imports): Netherlands' value of 70.40% is above the average of 41.71%. The country ranks 13th out of 169 countries.
Insurance and financial services (% of commercial service imports): Netherlands' value of 7.75% is below the average of 8.85%. The country ranks 78th out of 169 countries.
Transport services (% of commercial service imports): The Netherlands' value of 17.44% is below the average of 34.71%. The country ranks 147th out of 169 countries.
Travel services (% of commercial service imports): Netherlands' value of 4.41% is below the average of 14.73%. The country ranks 142nd out of 169 countries.
Summary
The Netherlands stands out in terms of its high value of commercial service imports at 166.13 billion USD, ranking 9th globally. Particularly notable is its focus on computer, communications, and other services, comprising 70.40% of total imports, which is well above the global average. However, the country lags behind in the transport and travel services sectors, signaling potential areas for improvement to enhance its overall economic competitiveness and efficiency.
Infrastructure
For Railways, passengers carried (million passenger-km), the Netherlands recorded 9200 million passenger-km, significantly below the average of 32281.92 million. This puts the Netherlands at rank 15 out of 64 countries in the dataset.
The Netherlands transported 6665 million ton-km of goods by railway, which is notably lower than the average of 119231.19 million ton-km. The country ranks 30 out of 62 countries for this attribute.
In Air transport, freight (million ton-km), the Netherlands moved 4145.02 million ton-km, surpassing the average of 1384.37 million ton-km. This places the country at rank 11 out of 126 countries.
With 170981.39 registered carrier departures worldwide, the Netherlands exceeds the average of 134365.61 departures. The country ranks 21 out of 149 countries in this aspect.
The Netherlands carried 14748517.33 passengers by air transport, which is above the average of 11848242.70 passengers. This performance positions the country at rank 23 out of 149 countries.
For Container port traffic (TEU: 20 foot equivalent units), the Netherlands handled 14757227 TEUs, well above the average of 6907110.27 TEUs. The country ranks 11 out of 110 countries in container port traffic.
The total rail lines in the Netherlands spanned 3078 km, significantly less than the average of 12204.74 km. This places the country at rank 35 out of 66 countries for rail lines.
Summary
The Netherlands performs above average in air transport, both in terms of freight ton-km and the number of carrier departures, ranking 11th and 21st out of 126 and 149 countries respectively. Additionally, the country excels in container port traffic, ranking 11th out of 110 countries, indicating its strong position in global trade logistics.
These indicators are crucial as they highlight the Netherlands' efficiency and competitiveness in the global transportation and logistics sectors. Strong performance in these areas can enhance the country's connectivity, facilitate trade relations, and boost economic growth through efficient movement of goods and passengers.
Information Technology Infrastructure
The Netherlands has 2,387,096 secure Internet servers, ranking 6th out of 193 countries, significantly above the average of 458,294.19 servers.
In terms of secure Internet servers per 1 million people, the Netherlands has 136,862.99 servers, ranking 3rd out of 193 countries, way above the average of 14,067.17 servers.
With 91.33% of its population using the Internet, the Netherlands ranks 28th out of 180 countries, indicating a high usage compared to the average of 64.77%.
The Netherlands has 7,525,016 fixed broadband subscriptions, ranking 29th out of 185 countries, slightly below the average of 6,591,956.35 subscriptions.
In terms of mobile cellular subscriptions, the Netherlands has 21,415,000 subscriptions, ranking 56th out of 193 countries, notably below the average of 42,526,463.87 subscriptions.
Summary
The Netherlands stands out globally for its high number of secure Internet servers, ranking 6th out of 193 countries, and for having a significantly higher than average number of servers per 1 million people, ranking 3rd. Additionally, with 91.33% of its population using the Internet, the Netherlands exhibits a high internet penetration rate compared to the global average. However, the country falls slightly below average in terms of fixed broadband subscriptions and mobile cellular subscriptions. These findings are important as they highlight the Netherlands' advanced digital infrastructure and widespread internet access, which are crucial for driving innovation, economic growth, and connectivity in the modern era.
Energy Consumption
Netherlands consumes renewable energy for 10.79% of its total final energy consumption, which is below the average consumption of 32.18%. The country is ranked 141 out of 191 countries in this category.
In terms of CO2 emissions, Netherlands produced 130,315.1 kt of CO2, lower than the average of 171,895.94 kt. The country ranks 34 out of 188 countries for CO2 emissions.
Summary
The Netherlands consumes renewable energy for 10.79% of its total final energy consumption, well below the global average of 32.18%. This places the country at 141st out of 191 nations in this category. Additionally, the Netherlands' CO2 emissions stand at 130,315.1 kt, lower than the global average of 171,895.94 kt, ranking it 34th out of 188 countries for CO2 emissions. These statistics are crucial as they indicate the Netherlands' level of environmental sustainability and contribution to global efforts in combating climate change.
Government Balance Sheet
Analysis of Key Economic Attributes for the Netherlands:
1. Reserves and related items (BoP, current US$): The Netherlands has reserves valued at -231,151,068.08 USD, which is significantly below the average of 1,924,407,186.58 USD. This places the Netherlands at rank 121 out of 171 countries.
2. Total reserves minus gold (current US$): The Netherlands' total reserves minus gold stand at 16,733,754,575.33 USD, indicating a substantial difference from the average of 74,221,588,171.61 USD. The country ranks 55 out of 161 countries in this aspect.
3. Total reserves (includes gold, current US$): With total reserves of 53,971,404,675.33 USD, the Netherlands falls below the average of 85,708,019,773.47 USD. The country ranks 37 out of 161 nations in this category.
4. Total reserves in months of imports: The Netherlands' total reserves in months of imports are 0.73, considerably lower than the average of 7.10 months. This positions the country at rank 143 out of 151 countries considered.
Summary
The analysis of key economic attributes for the Netherlands reveals that the country has below-average reserves and related items, total reserves minus gold, total reserves including gold, and total reserves in months of imports. These statistics signify that the Netherlands may face challenges in terms of financial stability, currency strength, and ability to weather economic shocks compared to other nations. It is crucial for policymakers and investors to closely monitor these indicators to assess the country's economic resilience and preparedness in the face of global financial uncertainties.
Government Revenue
- Revenue, excluding grants (% of GDP): The focus country, Netherlands, has a value of 39.67% for this attribute, which is above the average of 27.02%. It ranks 13th out of 122 countries in the dataset.
- Grants and other revenue (% of revenue): In the case of the Netherlands, the value is 3.98%, below the average of 23.54%. The country ranks 106th out of 108 countries in this dataset.
- Social contributions (% of revenue): Netherlands' value is 34.89%, surpassing the average of 22.29%. It holds the 17th rank out of 81 countries.
- Taxes on goods and services (% of revenue): The focus country has a value of 27.82%, below the average of 31.82%. It ranks 82nd out of 122 countries.
- Other taxes (% of revenue): Netherlands' value is 2.81%, slightly higher than the average of 2.12%. It ranks 26th out of 106 countries.
- Taxes on income, profits and capital gains (% of revenue): The Netherlands' value is 30.50%, above the average of 24.66%. It ranks 37th out of 119 countries.
Summary
The Netherlands stands out with above-average values in revenue excluding grants and social contributions, indicating a strong fiscal performance in these areas. However, it lags behind in grants and other revenue, taxes on goods and services, and taxes on income compared to the averages. These indicators are crucial as they reflect the country's fiscal health, its reliance on different revenue sources, and its efficiency in collecting taxes, providing insights into its economic stability and government budget management.
Taxes
1. Tax revenue (% of GDP): The Netherlands' tax revenue accounts for 24.37% of its GDP, which is above the average of 16.72%. This places the Netherlands at the 16th rank out of 123 countries in terms of tax revenue as a percentage of GDP.
2. Taxes on income, profits and capital gains (% of total taxes): The Netherlands relies significantly on taxes from income, profits, and capital gains, making up 49.90% of its total tax revenue. This figure is notably higher than the average of 38.40% and positions the Netherlands at the 25th rank out of 120 countries.
3. Tariff rate, applied, weighted mean, all products (%): The Netherlands maintains a relatively low weighted mean applied tariff rate of 1.48% across all products. This is substantially lower than the average of 5.21%, placing the Netherlands at the 130th rank out of 153 countries in terms of tariff rates.
Summary
The Netherlands stands out for its high tax revenue as a percentage of GDP, exceeding the global average and ranking 16th globally. Moreover, the country's heavy reliance on income, profits, and capital gains taxes, surpassing the average, places it at the 25th position. Additionally, the Netherlands' notably low weighted mean applied tariff rate of 1.48% across all products, compared to the global average, ranks it 130th.
These indicators are crucial as they showcase the fiscal policies of the Netherlands, highlighting its strong tax revenue base and emphasis on certain tax categories. Furthermore, the country's low average tariff rate indicates a commitment to open trade policies, promoting international economic cooperation and competitiveness.
Government Expenses
Expense (% of GDP): The focus country, Netherlands, has an expense of 42.94% of GDP, which is above the average of 31.69%. This ranks Netherlands 22nd out of 123 countries in the dataset.
Compensation of employees (% of expense): Netherlands spends 7.53% of its expense on employee compensation, below the average of 24.70%. This places Netherlands at the 114th rank out of 123 countries.
Goods and services expense (% of expense): With 5.57% of expenses allocated to goods and services, Netherlands is below the average of 14.77%. The country ranks 108th out of 122 countries in this category.
Interest payments (% of expense): Netherlands spends 1.61% of its expense on interest payments, significantly below the average of 6.85%. This ranks Netherlands 103rd out of 121 countries.
Other expense (% of expense): Netherlands allocates 4.91% of expense to other expenses, lower than the average of 8.29%. This places Netherlands at the 75th rank out of 120 countries.
Subsidies and other transfers (% of expense): Netherlands dedicates 80.38% of its expense to subsidies and transfers, significantly above the average of 43.29%. This high allocation ranks Netherlands 4th out of 121 countries.
Summary
The analysis reveals that the Netherlands has a higher expense as a percentage of GDP compared to the global average, ranking 22nd out of 123 countries. However, the country spends significantly less on employee compensation, goods and services, interest payments, and other expenses compared to the averages, placing the Netherlands in lower ranks in these categories. Interestingly, the Netherlands dedicates a substantial portion of its expenses to subsidies and transfers, positioning it at the 4th rank globally.
These findings are important as they provide insight into the fiscal priorities and allocations of the Netherlands compared to other countries. The higher spending on subsidies and transfers indicates a significant government role in the economy, potentially influencing social welfare and economic development strategies. Lower allocations towards employee compensation and other expenses may suggest efficiency measures or cost-saving initiatives in place within the country's budgetary framework.
Top Stats
Ranks in Top Decile For:
| Attribute | Rank/Total |
|---|---|
| Urban population (% of total population) | 12/194 |
| Scientific and technical journal articles | 18/192 |
| Charges for the use of intellectual property, payments (BoP, current US$) | 4/143 |
| Charges for the use of intellectual property, receipts (BoP, current US$) | 3/122 |
| Researchers in R&D (per million people) | 7/72 |
| GDP (current US$) | 17/189 |
| GDP per capita (current US$) | 14/190 |
| GDP per capita, PPP (current international $) | 11/181 |
| GNI (current US$) | 17/185 |
| GNI per capita, PPP (current international $) | 14/181 |
| Gross value added at basic prices (GVA) (current US$) | 16/176 |
| Services, value added (current US$) | 16/183 |
| Medium and high-tech manufacturing value added (% manufacturing value added) | 10/149 |
| Machinery and transport equipment (% of value added in manufacturing) | 9/93 |
| General government final consumption expenditure (current US$) | 15/158 |
| S&P Global Equity Indices (annual % change) | 6/79 |
| Portfolio Investment, net (BoP, current US$) | 1/159 |
| Trade (% of GDP) | 16/163 |
| Merchandise trade (% of GDP) | 12/186 |
| External balance on goods and services (current US$) | 4/163 |
| External balance on goods and services (% of GDP) | 11/163 |
| Current account balance (BoP, current US$) | 7/170 |
| Net trade in goods and services (BoP, current US$) | 4/171 |
| Net trade in goods (BoP, current US$) | 8/171 |
| Net financial account (BoP, current US$) | 8/170 |
| Exports of goods, services and primary income (BoP, current US$) | 6/170 |
| Exports of goods and services (BoP, current US$) | 7/170 |
| Exports of goods and services (current US$) | 7/163 |
| Exports of goods and services (% of GDP) | 13/163 |
| Goods exports (BoP, current US$) | 5/171 |
| Merchandise exports (current US$) | 4/187 |
| High-technology exports (current US$) | 9/151 |
| Service exports (BoP, current US$) | 9/171 |
| ICT service exports (BoP, current US$) | 9/166 |
| Commercial service exports (current US$) | 9/171 |
| Imports of goods and services (current US$) | 7/163 |
| ICT goods imports (% total goods imports) | 11/143 |
| Goods imports (BoP, current US$) | 7/171 |
| Imports of goods and services (BoP, current US$) | 7/170 |
| Imports of goods, services and primary income (BoP, current US$) | 7/170 |
| Merchandise imports (current US$) | 6/190 |
| Service imports (BoP, current US$) | 9/171 |
| Communications, computer, etc. (% of service imports, BoP) | 13/169 |
| Commercial service imports (current US$) | 9/171 |
| Computer, communications and other services (% of commercial service imports) | 13/169 |
| Air transport, freight (million ton-km) | 11/126 |
| Secure Internet servers | 6/193 |
| Secure Internet servers (per 1 million people) | 3/193 |
| Subsidies and other transfers (% of expense) | 4/121 |
Ranks in Bottom Decile For:
| Attribute | Rank/Total |
|---|---|
| Rural population (% of total population) | 183/190 |
| Forest rents (% of GDP) | 158/174 |
| Households and NPISHs final consumption expenditure (% of GDP) | 146/158 |
| Foreign direct investment, net (BoP, current US$) | 166/169 |
| Foreign direct investment, net inflows (BoP, current US$) | 181/182 |
| Foreign direct investment, net inflows (% of GDP) | 175/178 |
| Foreign direct investment, net outflows (BoP, current US$) | 156/156 |
| Foreign direct investment, net outflows (% of GDP) | 153/155 |
| Portfolio equity, net inflows (BoP, current US$) | 125/125 |
| Net primary income (BoP, current US$) | 162/170 |
| Net secondary income (BoP, current US$) | 161/170 |
| Total reserves in months of imports | 143/151 |
| Grants and other revenue (% of revenue) | 106/108 |
| Compensation of employees (% of expense) | 114/123 |