• 18th largest economy• GDP - $800 billion• GDP per capita - $52,249• Open economy• Low unemployment and inflation• Joined euro club on 1 January 2002• Founding member of the European Union, the OECD and the World Trade Organization.

StatisticsGDP $800 billion (nominal)

$729 billion (PPP)GDP rank 19th (nominal) / 27th

(PPP)GDP growth 0.7% (2014)GDP per capita $52,249 (nominal)

$46,440 (PPP)

GDP by sectoragriculture: 2.8%; industry: 24.1%; services: 73.2%

Inflation (CPI) 0.3% Population below poverty line 9.1% Gini coefficient 30.9Labour force 7.746 millionLabour force by occupation

agriculture: 2%; industry: 18%; services: 80%

Unemployment 6.5%Average gross salary 3,728 € / 5,035 $, monthlyAverage net salary 1,980 € / 2,673 $, monthly

After becoming de facto independent from the empire of Philip II of Spain around 1585 the country experienced almost a century of explosive economic growth.Followed by a technological revolution in shipbuilding. Beside trade, an early "industrial revolution", land reclamation from the sea, and agricultural revolution, helped the Dutch economy achieve the highest standard of living in Europe by the middle of the 17th century.The economy is a combination of politico-military upheavals and adverse economic developments. Stages of development• Pre-Revolt economy• The Golden Age• Retrenchment• Periwig Era: the eighteenth-century economy• Final crisis

HISTORY

Major Economic Trends

• Exports- $556.5billion (2012est.)• Imports- $490.1billion (2012est.)• World credit rating: S&PAAA (domestic)AAA (foreign)AAA (T&C assessment)Moody’s AAA Foreign reserves: US$51.27 billion

Germany26%

Belgium14%

France9%United Kingdom

8%

Italy5%

Others38%

Main Export Partners

Germany  Belgium FranceUnited Kingdom Italy Others

Germany14%

China12%

Belgium8%

United Kingdom7%

Russia6%United States

6%

Others47%

Main Import Partners

Germany China Belgium United KingdomRussia United States Others

Strategic partners

• INDO- DUTCH relationship are very adverse & the are likely to regain momentum in recent past • Indian- Dutch stands on 29th rank in global trade & Netherlands is the

5th largest economic partner in EU• Netherlands is the 5 largest investor in Indian economy in terms of

FDI(6% of total inflows)• Many Dutch giants like Phillips, shell, unilever (Hindustan unilever ltd

in India) are going strong here in India• Indian multinational like TCS, HCL, WIOPRO, TECH MAHINDRA & all

other major IT firms have there significant presence in Netherlands.

That’s all folks!