lus. The Dutch were among the
first 11 EU countries establishing the euro currency zone on 1 January
1999.
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
|