Netherlands

Its highly successful economy has a long trading tradition, and Rotterdam is Europe's largest port.

Economic Strengths

Highly skilled, educated, multilingual workforce. Food processing, chemicals, electronics. Sophisticated infrastructure. Stable industrial relations. Low inflation and unemployment.

Economic Weaknesses

Costly welfare system, resulting in high taxes and social insurance premiums; one-third of national income spent on social security. Ageing population. High labour costs.

Population 16,400,313
Capital city Amsterdam
Currency Euro
World GNP Ranking 20
Unemployment 4.1%
Inflation 2.3%

 

Source: Central Intelligence Agency; The World Factbook, March 2009