GDP: purchasing power parity - $365.1 billion (1999 est.)
GDP - real growth rate: 3.4% (1999 est.)
GDP - per capita: purchasing power parity - $23,100 (1999 est.)
GDP - composition by sector:
agriculture:
3.5%
industry:
26.8%
services:
69.7% (1998 est.)
Population below poverty line: NA%
Household income or consumption by percentage share:
lowest 10%:
2.9%
highest 10%:
24.7% (1991)
Inflation rate (consumer prices): 2.2% (1999 est.)
Labor force: 7 million (1998 est.)
Labor force - by occupation: services 73%, industry 23%, agriculture 4% (1998 est.)
Unemployment rate: 3.5% but generous welfare benefits have prompted large numbers to drop out of the labor market (1999 est.)
Budget:
revenues:
$163 billion
expenditures:
$170 billion, including capital expenditures of $NA (1999 est.)
Industries: agroindustries, metal and engineering products, electrical machinery and equipment, chemicals, petroleum, construction, microelectronics, fishing
Industrial production growth rate: 3% (1999)
Electricity - production: 88.736 billion kWh (1998)
Electricity - production by source:
fossil fuel:
91.32%
hydro:
0.11%
nuclear:
4.08%
other:
4.49% (1998)
Electricity - consumption: 94.325 billion kWh (1998)
Electricity - exports: 400 million kWh (1998)
Electricity - imports: 12.2 billion kWh (1998)
Agriculture - products: grains, potatoes, sugar beets, fruits, vegetables; livestock
Exports: $169 billion (f.o.b., 1998)
Exports - commodities: machinery and equipment, chemicals, fuels; foodstuffs
Exports - partners: EU 78% (Germany 27%, Belgium-Luxembourg 13%, France 11%, UK 10%, Italy 6%), Central and Eastern Europe, US (1998)
Imports: $152 billion (f.o.b., 1998)
Imports - commodities: machinery and transport equipment, chemicals, fuels; foodstuffs, clothing
Imports - partners: EU 61% (Germany 20%, Belgium-Luxembourg 11%, UK 10%, France 7%), US 9%, Central and Eastern Europe (1998)
Debt - external: $0
Economic aid - donor: ODA, $3.4 billion (1999)
Currency: 1 Netherlands guilder, gulden, or florin (f.) = 100 cents; note - to be replaced by the euro on 1 January 2002
Exchange rates:
euros per US$1 - 0.9867 (January 2000), 0.9386 (1999); Netherlands guilders, gulden, or florins (f.) per US$1 - 1.8904 (January 1999), 1.9837 (1998), 1.9513 (1997), 1.6859 (1996), 1.6057 (1995)
note:
on 1 January 1999, the EU introduced a common currency that is now being used by financial institutions in some member countries at a fixed rate of 2.20371 guilders per euro; the euro will replace the local currency in consenting countries for all transactions in 2002
Fiscal year: calendar year