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The economy of the Netherlands is a highly developed market economy focused on trade and logistics, manufacturing, services, innovation and technology and sustainable and renewable energy. [ 21 ] [ 22 ] It is the world's 18th largest economy by nominal GDP and the 28th largest by purchasing power parity (PPP) and is the fifth largest economy in ...
The economic history of the Netherlands (1500–1815) covers the Netherlands as the Habsburg Netherlands, through the era of the Dutch Republic, the Batavian Republic and the Kingdom of Holland. After becoming de facto independent from the empire of Philip II of Spain around 1585 the country experienced almost a century of explosive economic ...
The history of the Dutch economy has faced several ups and downs throughout the 16th and 17th centuries. It has undergone moments of prosperity and was one of the dominant world powers in the 17th century. Its heavy involvement in the Atlantic trade had a large impact on its economy and growth.
The Netherlands has the 17th-largest economy in the world, and ranks 11th in GDP (nominal) per capita. The Netherlands has low income inequality, but wealth inequality is relatively high. [174] Despite ranking 11th in GDP per capita, UNICEF ranked the Netherlands 1st in child well-being in rich countries, both in 2007 and in 2013. [175] [176] [177]
As explained in the general article on the economic history of the Netherlands, the political revolt soon engendered an economic revolution also, partly related to political events (like the rise of the Dutch East India Company and its West-Indies colleague), in other respects unrelated (like the revolutions in shipping, fisheries, and industry ...
The Netherlands also became a founding member of key international institutions, including the European Union, reflecting its deepening commitment to international cooperation. In recent decades, the Netherlands has continued to play a significant role in global affairs, maintaining a strong economy and a high standard of living.
The Netherlands aims to build a facility where an AI 'supercomputer' can contribute to research and development, as part of broader EU projects to strengthen Europe's digital economy. Last year ...
But because of the international character of the Dutch economy these problems also had their consequences for the Netherlands. In particular, the unrest and economic problems in Germany, one of the Netherlands' main trading partners, in the early 1920s plunged the Netherlands into a severe depression until 1925 (lowest point reached in 1923). [1]