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Economy of the Netherlands

Main sectors of activity

Agriculture:

Vegetables, ornamentals, dairy, poultry and livestock products and propagation materials.

Industries:

Agroindustries, metal and engineering products, electrical machinery and equipment, chemicals, petroleum, construction, microelectronics and fishing.

Labor Force

The labor force of the Netherlands was 7.969 million in 2017. This makes Netherlands ranking 63rd worldwide. The labor force by occupation was the following in 2015:

Agriculture1.2%
Industry17.2%
Services81.6 %
Unemployment rate (2017)4.9 %

The unemployment rate was 4.9% in 2017, which makes the Netherlands the 69th lowest unemployment rate worldwide.

Gross domestic product (GDP)

GDP (PPP) estimate for 2019:

Total$1.004 trillion (28th)
Per Capita$58 255 (13th)

The Netherlands rank 28th worldwide for the total gross domestic product in purchasing power parity (GDP PPP) with $ 1.004 trillion in 2019. For the value per capita, they rank 13th with a value of $58 255.

GDP (nominal) estimate for 2019:

Total$914 billion (17th)
Per capita$53 016 (13th)

The Netherlands rank 17th in the world for the total nominal gross domestic product with $914 billion in 2019. The country rank 13th for the value per capita with $53 016.

GDP by sector (estimate for 2017):

Agriculture1.6%
Industry17.9%
Services70.2%

Exports

The exports in 2017 were for an amount of $555.6 billion, which makes the Netherlands rank 6th in the world. The main export commodities are: machinery and transport equipment, chemicals, mineral fuels, food and livestock and finally manufactured goods.

The main exports partners and their parts in the exports were in 2017:

Germany24.2%
Belgium10.7%
United Kingdom8.8%
France8.8%
Italy4.2%

Imports

The imports in 2017 were for an amount of $453.8 billion, which makes the Netherlands rank 10th in the world. The main import commodities are: machinery and transport equipment, chemicals, fuels, foodstuffs and clothing.

The main imports partners and their parts in the imports were in 2017:

China16.4%
Germany15.3%
Belgium8.5 %
United States6.9 %
United Kingdom5.1 %
Russia4.3 %

Sources: