The Netherlands is a constituent country located in Western Europe and with territories in the Caribbean. It is bordered by Belgium and Germany. The Netherlands is mostly low-lying, located at the mouths of three major European rivers (Rhine, Meuse, and Schelde). The government system is a constitutional monarchy; the chief of state is the king, and the head of government is the prime minister. The Netherlands has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation. Netherlands is a member of the European UnionEU. Previously called the European Community. An internation... (EU).
The Netherlands have a prosperous and open economyThe management of money, currency and trade of a nation. The..., which depends heavily on foreign tradeThe buying and selling or exchange of goods and services. Th.... The economyThe management of money, currency and trade of a nation. The... is noted for stable industrial relationsRelations between the management and the workers, especially..., fairly low unemploymentAn economic situation in which jobless people, often those w... and inflationNormally referring to the economy of a country, inflation is..., a very big sizable current accountA bank account which can be used to make deposits, withdrawa... surplus (compared to the size of the country even more than Germany) and an important role as a European transportation hub, with Rotterdam as far out the biggest port in Europe and Amsterdam as one of the biggest airports in Europe. Industrial activity is predominantly in food processing, chemicals, petroleum refining, hightech, financial services, creative sector and electrical machinery. A highly mechanised agricultural sector employs no more than 2% of the labourWork, especially manual/physical work, for wages. 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 stern financial policy has been abandoned in 2009 on account of the current creditAn arrangement in which an item for sale is received by the ... crises. The relatively large banking sector was partly nationalised and bailed out through government interventions. The unemploymentAn economic situation in which jobless people, often those w... rate dropped to 5.0% in the summer of 2011, but increased with a sharp rate since then to 7.3% in May 2013 and 6.8% in 2015. The state budgetAllocation of funds or the estimation of costs for a departm... deficit is about 2.2% in 2015 well below the norm of 3.0% in the EU. Historically, the Dutch introduced and invented the stockAn investor's share of ownership in a company which entitles... marketThe commercial activity of buying and selling goods and serv... by the merchandise trading through Dutch East India Company. The Netherlands is a founding member of the European UnionEU. Previously called the European Community. An internation..., the OECD and the World TradeThe buying and selling or exchange of goods and services. Th... Organization.
- Country ISO3 : NLD
- Country Code : 528
- Income Group : High income
- Lending Category : P2PPeer-to-peer is a model for computer connectivity and file-
- Region : Europe & Central Asia
- Currency Unit: Euro
- WTO Member : Yes
- TradeThe buying and selling or exchange of goods and services. Th... organisations : EU, WTO and OECD
- world rank : 16
- Regional Ranking : 7th in Europe