Netherlands (2007) | Netherlands (2008) | |
![]() | ![]() | |
Budget | revenues: $317.1 billion
expenditures: $313.1 billion (2006 est.) |
revenues: $302.8 billion
expenditures: $352.3 billion (2007 est.) |
Debt - external | $1.899 trillion (30 June 2006) | $2.277 trillion (30 June 2007) |
Diplomatic representation from the US | chief of mission: Ambassador Roland E. ARNALL
embassy: Lange Voorhout 102, 2514 EJ, The Hague mailing address: PSC 71, Box 1000, APO AE 09715 telephone: [31] (70) 310-2209 FAX: [31] (70) 361-4688 consulate(s) general: Amsterdam |
chief of mission: Ambassador (vacant); Charge d'Affaires Michael GALLAGHER
embassy: Lange Voorhout 102, 2514 EJ, The Hague mailing address: PSC 71, Box 1000, APO AE 09715 telephone: [31] (70) 310-2209 FAX: [31] (70) 361-4688 consulate(s) general: Amsterdam |
Diplomatic representation in the US | chief of mission: Ambassador Christiaan Mark Johan KROENER
chancery: 4200 Linnean Avenue NW, Washington, DC 20008 telephone: [1] (202) 244-5300 FAX: [1] (202) 362-3430 consulate(s) general: Chicago, Los Angeles, Miami, New York consulate(s): Boston |
chief of mission: Ambassador Christiaan Mark Johan KROENER
chancery: 4200 Linnean Avenue NW, Washington, DC 20008 telephone: [1] (202) 244-5300, [1] 877-388-2443 FAX: [1] (202) 362-3430 consulate(s) general: Chicago, Los Angeles, Miami, New York |
Economy - overview | The Netherlands has a prosperous and open economy, which depends heavily on foreign trade. The economy is noted for stable industrial relations, moderate unemployment and inflation, a sizable current account surplus, and an important role as a European transportation hub. Industrial activity is predominantly in food processing, chemicals, petroleum refining, and electrical machinery. A highly mechanized agricultural sector employs no more than 2% of the labor force but provides large surpluses for the food-processing industry and for exports. The Netherlands, along with 11 of its EU partners, began circulating the euro currency on 1 January 2002. The country continues to be one of the leading European nations for attracting foreign direct investment. Economic growth slowed considerably in 2001-06, as part of the global economic slowdown, but for the four years before that, annual growth averaged nearly 4%, well above the EU average. | The Netherlands has a prosperous and open economy, which depends heavily on foreign trade. The economy is noted for stable industrial relations, moderate unemployment and inflation, a sizable current account surplus, and an important role as a European transportation hub. Industrial activity is predominantly in food processing, chemicals, petroleum refining, and electrical machinery. A highly mechanized agricultural sector employs no more than 3% of the labor force but provides large surpluses for the food-processing industry and for exports. The Netherlands, along with 11 of its EU partners, began circulating the euro currency on 1 January 2002. The country continues to be one of the leading European nations for attracting foreign direct investment and is one of the five largest investors in the US. The economy experienced a slowdown in 2005 but in 2006 recovered to the fastest pace in six years on the back of increased exports and strong investment. The pace of job growth reached 10-year highs in 2007. |
Exchange rates | euros per US dollar - 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002) | euros per US dollar - 0.7345 (2007), 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003) |
GDP - composition by sector | agriculture: 2.2%
industry: 24.1% services: 73.7% (2006 est.) |
agriculture: 2.2%
industry: 24% services: 73.8% (2007 est.) |
GDP - real growth rate | 3% (2006 est.) | 2.8% (2007 est.) |
Industrial production growth rate | 2.3% (2006 est.) | 2% (2007 est.) |
Inflation rate (consumer prices) | 1.1% (2006 est.) | 1.8% (2007 est.) |
International organization participation | AfDB, Arctic Council (observer), AsDB, Australia Group, Benelux, BIS, CBSS (observer), CE, CERN, EAPC, EBRD, EIB, EMU, ESA, EU, FAO, G-10, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, MIGA, MONUC, NAM (guest), NATO, NEA, NSG, OAS (observer), OECD, OPCW, OSCE, Paris Club, PCA, Schengen Convention, SECI (observer), UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMIS, UNRWA, UNTSO, UNWTO, UPU, WCL, WCO, WEU, WHO, WIPO, WMO, WTO, ZC | ADB (nonregional members), AfDB, Arctic Council (observer), Australia Group, Benelux, BIS, CBSS (observer), CE, CERN, EAPC, EBRD, EIB, EMU, ESA, EU, FAO, G-10, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, MIGA, NAM (guest), NATO, NEA, NSG, OAS (observer), OECD, OPCW, OSCE, Paris Club, PCA, Schengen Convention, SECI (observer), UN, UNAMID, UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, UNMIS, UNRWA, UNTSO, UNWTO, UPU, WCL, WCO, WEU, WHO, WIPO, WMO, WTO, ZC |
Labor force | 7.49 million (2006 est.) | 7.5 million (2007 est.) |
Labor force - by occupation | agriculture: 2%
industry: 19% services: 79% (2004 est.) |
agriculture: 3%
industry: 21% services: 76% (2005 est.) |
Legislative branch | bicameral States General or Staten Generaal consists of the First Chamber or Eerste Kamer (75 seats; members indirectly elected by the country's 12 provincial councils to serve four-year terms) and the Second Chamber or Tweede Kamer (150 seats; members directly elected by popular vote to serve four-year terms)
elections: First Chamber - last held 25 May 2003 (next to be held in May 2007); Second Chamber - last held 22 November 2006 (next to be held by early 2011) election results: First Chamber - percent of vote by party - NA%; seats by party - CDA 23, PvdA 19, VVD 15, Green Left Party 5, Socialist Party 4, D66 3, other 6; Second Chamber - percent of vote by party - CDA 26.5%, PvdA 21.2%, Socialist Party 16.6%, VVD 14.6%, Party for Freedom 5.9%, Green Party 4.6%, Christian Union 4.0%, other 6.6%; seats by party - CDA 41, PvdA 33, Socialist Party 25, VVD 22, Party for Freedom 9, Green Party 7, Christian Union 6, other 7 |
bicameral States General or Staten Generaal consists of the First Chamber or Eerste Kamer (75 seats; members indirectly elected by the country's 12 provincial councils to serve four-year terms) and the Second Chamber or Tweede Kamer (150 seats; members directly elected by popular vote to serve four-year terms)
elections: First Chamber - last held 29 May 2007 (next to be held in May 2011); Second Chamber - last held 22 November 2006 (next to be held by early 2011) election results: First Chamber - percent of vote by party - NA%; seats by party - CDA 21, PvdA 14, VVD 14, Socialist Party 11, Christian Union 4, Green Left Party 4, D66 2, other 5; Second Chamber - percent of vote by party - CDA 26.5%, PvdA 21.2%, Socialist Party 16.6%, VVD 14.6%, Party for Freedom 5.9%, Green Party 4.6%, Christian Union 4.0%, other 6.6%; seats by party - CDA 41, PvdA 33, Socialist Party 25, VVD 22, Party for Freedom 9, Green Party 7, Christian Union 6, other 7 |
Maritime claims | territorial sea: 12 nm
exclusive fishing zone: 200 nm |
territorial sea: 12 nm
contiguous zone: 24 nm exclusive fishing zone: 200 nm |
Pipelines | condensate 81 km; gas 7,229 km; oil 578 km; refined products 716 km (2006) | condensate 81 km; gas 7,394 km; oil 578 km; refined products 716 km (2007) |
Political parties and leaders | Christian Democratic Appeal or CDA [Jan Peter BALKENENDE]; Christian Union Party [Andre ROUVOET]; Democrats 66 or D66 [Alexander PECHTOLD]; Green Left Party [Femke HALSEMA]; Labor Party or PvdA [Wouter BOS]; List Pim Fortuyn [Olaf STUGER]; Party for Freedom or PVV [Geert WILDERS]; Party for the Animals or PvdD [Marianne THIEME]; People's Party for Freedom and Democracy (Liberal) or VVD [Mark RUTTE]; Reformed Political Party of SGP [Bas VAN DER VLIES]; Socialist Party [Jan MARIJNISSEN]; plus a few minor parties | Christian Democratic Appeal or CDA [Jan Peter BALKENENDE]; Christian Union Party [Andre ROUVOET]; Democrats 66 or D66 [Alexander PECHTOLD]; Green Left Party [Femke HALSEMA]; Labor Party or PvdA [Wouter BOS]; Party for Freedom or PVV [Geert WILDERS]; Party for the Animals or PvdD [Marianne THIEME]; People's Party for Freedom and Democracy (Liberal) or VVD [Mark RUTTE]; Reformed Political Party of SGP [Bas VAN DER VLIES]; Socialist Party [Jan MARIJNISSEN]; plus a few minor parties |
Political pressure groups and leaders | Netherlands Trade Union Federation or FNV (consisting of a merger of Socialist and Catholic trade unions); Christian Trade Union Federation or CNV; Trade Union Federation of Middle and High Personnel or MHP; Federation of Catholic and Protestant Employers Associations; Interchurch Peace Council or IKV; large multinational firms; the nondenominational Federation of Netherlands Enterprises | Christian Trade Union Federation or CNV [Rene PAAS]; Confederation of Netherlands Industry and Employers or VNO-NCW [Bernard WIENTJES]; Federation for Small and Medium-sized businesses or MBK [Loek HERMANS]; Netherlands Trade Union Federation or FNV [Agnes JONGERIUS]; Social Economic Council or SER [ Alexander RINNOOY Kan]; Trade Union Federation of Middle and High Personnel or MHP [Ad VERHOEVEN] |
Population below poverty line | 10.5% (1999) | 10.5% (2005) |
Telephone system | general assessment: highly developed and well maintained
domestic: extensive fixed-line fiber-optic network; cellular telephone system is one of the largest in Europe with 5 major network operators utilizing the third generation of the Global System for Mobile Communications (GSM) international: country code - 31; 9 submarine cables; satellite earth stations - 3 Intelsat (1 Indian Ocean and 2 Atlantic Ocean), 1 Eutelsat, and 1 Inmarsat (Atlantic and Indian Ocean regions) (2004) |
general assessment: highly developed and well maintained
domestic: extensive fixed-line fiber-optic network; cellular telephone system is one of the largest in Europe with 5 major network operators utilizing the third generation of the Global System for Mobile Communications (GSM) international: country code - 31; submarine cables provide links to the US and Europe; satellite earth stations - 3 Intelsat (1 Indian Ocean and 2 Atlantic Ocean), 1 Eutelsat, and 1 Inmarsat (Atlantic and Indian Ocean regions) (2004) |
Unemployment rate | 5.5% (2006 est.) | 4.5% (2007 est.) |