The Netherlands ranked 19/197 by economy size with a GDP of $1.21T and 13/197 by GDP per capita at $67,520. The Netherlands has $532B in government debt, with a debt-to-GDP ratio of 43.8%.
In 2024, the Netherlands made up 1.09% of the world's economy, compared to 0.97% in 1960.
Netherlands GDP & GDP growth by year
| Year | GDP | GDP growth |
|---|---|---|
| 2024 | $1,214,927,698,573 | 1.08% |
| 2023 | $1,135,475,867,551 | -0.6% |
| 2022 | $1,046,540,797,549 | 5.01% |
| 2021 | $1,054,472,123,450 | 6.28% |
| 2020 | $932,560,861,701 | -3.87% |
| 2019 | $928,903,005,576 | 2.3% |
| 2018 | $929,733,599,797 | 2.26% |
| 2017 | $848,233,537,846 | 2.78% |
| 2016 | $797,163,949,290 | 2.42% |
| 2015 | $775,743,675,303 | 2.12% |
| 2014 | $901,556,501,756 | 1.61% |
| 2013 | $883,951,539,007 | -0.03% |
| 2012 | $845,689,017,066 | -0.98% |
| 2011 | $913,140,741,333 | 1.77% |
| 2010 | $852,464,982,433 | 1.32% |
| 2009 | $878,954,223,140 | -3.67% |
| 2008 | $957,901,566,041 | 2.12% |
| 2007 | $853,499,460,873 | 3.89% |
| 2006 | $737,593,995,289 | 3.54% |
| 2005 | $688,133,699,636 | 2.03% |
| 2004 | $661,224,886,143 | 2.02% |
| 2003 | $582,435,617,082 | 0.1% |
| 2002 | $475,529,972,123 | 0.25% |
| 2001 | $432,536,219,669 | 2.32% |
| 2000 | $417,649,282,154 | 4.22% |
| 1999 | $447,778,514,140 | 5.04% |
| 1998 | $438,612,530,549 | 4.65% |
| 1997 | $417,506,211,882 | 4.25% |
| 1996 | $451,372,549,020 | 3.42% |
| 1995 | $452,967,334,614 | 3.12% |
| 1994 | $379,688,232,232 | 2.96% |
| 1993 | $354,070,495,966 | 1.26% |
| 1992 | $363,497,050,125 | 1.71% |
| 1991 | $327,982,316,124 | 2.44% |
| 1990 | $318,799,003,994 | 4.18% |
| 1989 | $258,716,904,292 | 4.42% |
| 1988 | $262,295,966,105 | 3.44% |
| 1987 | $245,406,949,521 | 1.93% |
| 1986 | $201,157,708,221 | 2.79% |
| 1985 | $144,057,523,222 | 2.58% |
| 1984 | $144,124,462,912 | 3.06% |
| 1983 | $153,671,294,109 | 2.07% |
| 1982 | $158,712,765,536 | -1.24% |
| 1981 | $164,375,775,854 | -0.78% |
| 1980 | $195,439,301,707 | 1.34% |
| 1979 | $179,933,827,310 | 2.01% |
| 1978 | $156,089,077,205 | 2.7% |
| 1977 | $127,203,923,857 | 2.52% |
| 1976 | $109,329,386,564 | 4.46% |
| 1975 | $100,397,061,694 | 0.002% |
| 1974 | $87,371,810,804 | 3.44% |
| 1973 | $71,946,639,603 | 5.44% |
| 1972 | $54,787,070,173 | 3.53% |
| 1971 | $44,644,730,576 | 4.32% |
| 1970 | $38,220,884,519 | 6.14% |
| 1969 | $34,086,038,090 | 6.43% |
| 1968 | $30,097,635,751 | 6.42% |
| 1967 | $27,143,828,099 | 5.28% |
| 1966 | $24,741,480,717 | 2.74% |
| 1965 | $22,721,869,808 | 8.64% |
| 1964 | $20,232,048,553 | 8.27% |
| 1963 | $17,193,744,109 | 3.62% |
| 1962 | $15,847,582,341 | 6.84% |
| 1961 | $14,599,836,396 | 0.3% |
| 1960 | $13,282,979,015 | - |
Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).
GeoRank.org/economy/netherlands | CC BY 
Netherlands GDP per capita by year
| Year | Current $ | |
|---|---|---|
| GDP per capita | GDP per capita, PPP | |
| 2024 | $67,520 | $86,174 |
| 2023 | $63,516 | $81,729 |
| 2022 | $59,123 | $78,630 |
| 2021 | $60,142 | $68,574 |
| 2020 | $53,468 | $62,597 |
| 2019 | $53,555 | $62,345 |
| 2018 | $53,955 | $58,819 |
| 2017 | $49,514 | $56,038 |
| 2016 | $46,809 | $53,162 |
| 2015 | $45,794 | $50,957 |
| 2014 | $53,457 | $49,751 |
| 2013 | $52,602 | $49,622 |
| 2012 | $50,474 | $47,653 |
| 2011 | $54,702 | $47,004 |
| 2010 | $51,306 | $45,301 |
| 2009 | $53,172 | $44,959 |
| 2008 | $58,247 | $46,714 |
| 2007 | $52,101 | $44,203 |
| 2006 | $45,124 | $41,208 |
| 2005 | $42,165 | $37,778 |
| 2004 | $40,611 | $35,961 |
| 2003 | $35,897 | $34,286 |
| 2002 | $29,447 | $34,568 |
| 2001 | $26,956 | $33,259 |
| 2000 | $26,225 | $31,895 |
| 1999 | $28,319 | $29,316 |
| 1998 | $27,924 | $27,749 |
| 1997 | $26,745 | $26,062 |
| 1996 | $29,064 | $24,564 |
| 1995 | $29,301 | $23,480 |
| 1994 | $24,683 | $22,414 |
| 1993 | $23,156 | $21,443 |
| 1992 | $23,939 | $20,831 |
| 1991 | $21,764 | $20,177 |
| 1990 | $21,322 | $19,203 |
| 1989 | $17,423 | - |
| 1988 | $17,771 | - |
| 1987 | $16,734 | - |
| 1986 | $13,804 | - |
| 1985 | $9,941 | - |
| 1984 | $9,992 | - |
| 1983 | $10,696 | - |
| 1982 | $11,089 | - |
| 1981 | $11,537 | - |
| 1980 | $13,812 | - |
| 1979 | $12,817 | - |
| 1978 | $11,196 | - |
| 1977 | $9,180 | - |
| 1976 | $7,937 | - |
| 1975 | $7,346 | - |
| 1974 | $6,450 | - |
| 1973 | $5,353 | - |
| 1972 | $4,110 | - |
| 1971 | $3,384 | - |
| 1970 | $2,931 | - |
| 1969 | $2,647 | - |
| 1968 | $2,364 | - |
| 1967 | $2,155 | - |
| 1966 | $1,986 | - |
| 1965 | $1,848 | - |
| 1964 | $1,668 | - |
| 1963 | $1,437 | - |
| 1962 | $1,342 | - |
| 1961 | $1,254 | - |
| 1960 | $1,156 | - |
Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).
GeoRank.org/economy/netherlands | CC BY
The Netherlands has a GDP per capita of $67,520, ranking 13/197, a GDP per capita based on purchasing power parity (PPP) of $86,174, ranking 11/197, and a median annual after tax income of $47,815, ranking 13/197.
Netherlands GDP rankings by year
| Year | Rank | ||
|---|---|---|---|
| GDP | GDP per capita | GDP per capita, PPP | |
| 2024 | 19 | 11 | 8 |
| 2023 | 19 | 14 | 10 |
| 2022 | 18 | 14 | 10 |
| 2021 | 17 | 15 | 12 |
| 2020 | 17 | 12 | 12 |
| 2019 | 17 | 14 | 11 |
| 2018 | 17 | 15 | 12 |
| 2017 | 18 | 15 | 11 |
| 2016 | 18 | 15 | 12 |
| 2015 | 18 | 15 | 14 |
| 2014 | 17 | 15 | 16 |
| 2013 | 18 | 15 | 15 |
| 2012 | 18 | 16 | 16 |
| 2011 | 16 | 12 | 16 |
| 2010 | 16 | 12 | 16 |
| 2009 | 16 | 10 | 17 |
| 2008 | 16 | 11 | 16 |
| 2007 | 16 | 13 | 18 |
| 2006 | 16 | 14 | 17 |
| 2005 | 16 | 14 | 16 |
| 2004 | 14 | 13 | 16 |
| 2003 | 13 | 12 | 16 |
| 2002 | 14 | 14 | 16 |
| 2001 | 14 | 15 | 15 |
| 2000 | 14 | 16 | 15 |
| 1999 | 14 | 13 | 16 |
| 1998 | 12 | 13 | 16 |
| 1997 | 14 | 15 | 16 |
| 1996 | 12 | 12 | 16 |
| 1995 | 12 | 11 | 18 |
| 1994 | 14 | 14 | 19 |
| 1993 | 14 | 14 | 18 |
| 1992 | 12 | 14 | 17 |
| 1991 | 13 | 18 | 19 |
| 1990 | 13 | 18 | 20 |
| 1989 | 14 | 18 | - |
| 1988 | 13 | 16 | - |
| 1987 | 12 | 15 | - |
| 1986 | 13 | 15 | - |
| 1985 | 15 | 19 | - |
| 1984 | 15 | 20 | - |
| 1983 | 15 | 17 | - |
| 1982 | 14 | 17 | - |
| 1981 | 16 | 17 | - |
| 1980 | 11 | 14 | - |
| 1979 | 10 | 14 | - |
| 1978 | 10 | 14 | - |
| 1977 | 11 | 15 | - |
| 1976 | 11 | 15 | - |
| 1975 | 11 | 16 | - |
| 1974 | 13 | 18 | - |
| 1973 | 12 | 14 | - |
| 1972 | 12 | 13 | - |
| 1971 | 13 | 13 | - |
| 1970 | 13 | 13 | - |
| 1969 | 13 | 12 | - |
| 1968 | 14 | 13 | - |
| 1967 | 14 | 14 | - |
| 1966 | 15 | 16 | - |
| 1965 | 14 | 17 | - |
| 1964 | 15 | 17 | - |
| 1963 | 15 | 19 | - |
| 1962 | 15 | 18 | - |
| 1961 | 14 | 18 | - |
| 1960 | 14 | 18 | - |
Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).
GeoRank.org/economy/netherlands | CC BY
Compared with 2000, in 2024 the Netherlands is ranked 19th out of 182 by GDP (down from 14th), 11th by GDP per capita (up from 16th), and 8th by GDP per capita PPP (up from 15th).
Economic indicators
Netherlands
|
Rank | |
|---|---|---|
| Gross domestic product |
$1.21T
2024 |
19/197 |
| GDP growth |
1.08%
2023-2024 |
157/194 |
| GDP per capita |
$67,520
2024 |
13/197 |
| GDP per capita, PPP |
$86,174
2024 |
11/197 |
| Government debt |
$532B
2024 |
19/185 |
| Debt-to-GDP ratio |
43.8%
2024 |
123/185 |
| Government debt per person |
$29,571
2024 |
24/185 |
| Average annual personal income after taxes |
$47,815
2026 |
13/197 |
| Listed domestic companies |
103
2018 |
49/103 |
| Market capitalization of domestic companies |
$1.1T
2017 |
13/100 |
| Number of millionaires |
1,267,000
2025 |
11/35 |
| Millionaire frequency |
1 in 11
2025 |
4/35 |
| Number of billionaires |
13
2025 |
29/78 |
| Billionaire frequency |
1 in 1,099,097
2025 |
33/78 |
| Income share by richest 10% |
21.4%
2021 |
164/169 |
| Income share by poorest 10% |
3.6%
2021 |
31/169 |
| Government expenditure, % of GDP |
44.4%
2024 |
36/195 |
| Consumer prices inflation |
3.35%
2023-2024 |
88/195 |
| Unemployment rate |
3.64%
2024 |
134/196 |
| Population |
18252623
|
72/197 |
Government spending, deficit, and debt by year
| Year | % of GDP | ||
|---|---|---|---|
| Government spending | Government debt | Government deficit/surplus | |
| 2024 | 44.4% | 43.8% | -0.94% |
| 2023 | 44% | 45.9% | -0.37% |
| 2022 | 43.3% | 48.4% | 0.002% |
| 2021 | 45.9% | 50.5% | -2.26% |
| 2020 | 47.8% | 53.4% | -3.72% |
| 2019 | 42.1% | 47.7% | 1.91% |
| 2018 | 42.4% | 51.6% | 1.49% |
| 2017 | 42.8% | 56% | 1.35% |
| 2016 | 43.9% | 60.9% | 0.23% |
| 2015 | 45.3% | 63.8% | -1.84% |
| 2014 | 46.7% | 67.2% | -2.17% |
| 2013 | 47.5% | 67.2% | -2.87% |
| 2012 | 47.6% | 65.7% | -3.83% |
| 2011 | 47.8% | 61.2% | -4.42% |
| 2010 | 48.9% | 58.9% | -5.3% |
| 2009 | 48.4% | 56.3% | -5.06% |
| 2008 | 44.3% | 54.4% | -0.06% |
| 2007 | 43.3% | 42.7% | -0.16% |
| 2006 | 44% | 45% | 0.04% |
| 2005 | 43.4% | 49.6% | -0.51% |
| 2004 | 44.7% | 50.1% | -1.82% |
| 2003 | 45.8% | 49.8% | -3.19% |
| 2002 | 44.8% | 48.7% | -2.23% |
| 2001 | 44.1% | 49.4% | -0.47% |
| 2000 | 43.2% | 52.2% | 1.14% |
| 1999 | 44.3% | 58.6% | 0.28% |
| 1998 | 44.6% | 62.7% | -1.34% |
| 1997 | 45.7% | 65.7% | -1.6% |
| 1996 | 47.3% | 71.2% | -1.91% |
| 1995 | 53.9% | 73% | -8.72% |
| 1994 | 49.4% | 73.5% | -3.53% |
| 1993 | 50.9% | 76.7% | -3.13% |
| 1992 | 50.2% | 75.6% | -3.12% |
| 1991 | 49.6% | 74.8% | -2.05% |
| 1990 | 48.8% | 75% | -4.08% |
| 1989 | 54.5% | 73.7% | -5% |
| 1988 | 56.4% | 73.7% | -4.23% |
| 1987 | 58.5% | 71.3% | -5.39% |
| 1986 | 57% | 68.9% | -4.62% |
| 1985 | 57.3% | 67.1% | -3.6% |
| 1984 | 58.1% | 61.9% | -5.25% |
| 1983 | 59.1% | 58.4% | -5.47% |
| 1982 | 59.1% | 52.4% | -6.17% |
| 1981 | 56.8% | 46.9% | -4.92% |
| 1980 | 55.2% | 43.6% | -3.95% |
| 1979 | 53.7% | 39.5% | -2.46% |
| 1978 | 52.3% | 38.1% | -2.09% |
| 1977 | 50.6% | 34.9% | -0.75% |
| 1976 | 50.8% | 35.2% | -2.02% |
| 1975 | 50.8% | 36.1% | -2.82% |
| 1974 | 46.4% | 36.3% | -0.26% |
| 1973 | 44.6% | 38.1% | 0.54% |
| 1972 | 44.9% | 41.3% | -0.7% |
| 1971 | 44.6% | 43.7% | -1.58% |
| 1970 | 43.2% | 46.1% | -1.52% |
| 1969 | 42.1% | 48.2% | -1.14% |
| 1968 | 25.4% | 54.4% | -3.06% |
| 1967 | 24.1% | 55% | -1.97% |
| 1966 | 24.4% | 55.6% | -2.37% |
| 1965 | 23.4% | 55.8% | -1.15% |
| 1964 | 22.3% | 57.1% | -1.2% |
| 1963 | 21.9% | 61.7% | -0.54% |
| 1962 | 22.1% | 63.8% | -1.38% |
| 1961 | 22.2% | 65.9% | -0.38% |
| 1960 | 20.4% | 66.7% | 0.9% |
| 1959 | 21.6% | 73.4% | -0.74% |
| 1958 | 20.9% | 75% | -0.89% |
| 1957 | 21.2% | 72.6% | 0.3% |
| 1956 | 22.5% | 75% | -0.83% |
| 1955 | 23.2% | 80.1% | -0.25% |
| 1954 | 22.6% | 88.7% | 0.76% |
| 1953 | 25.7% | 101.5% | -2.95% |
| 1952 | 23% | 106.9% | 2.19% |
| 1951 | 23.7% | 118.4% | 2.13% |
| 1950 | 24% | 137.3% | 0.81% |
| 1949 | 24% | 162.4% | 2.3% |
| 1948 | - | 175.9% | - |
| 1947 | - | 214% | - |
| 1946 | - | 223% | - |
| 1945 | - | - | - |
| 1944 | - | - | - |
| 1943 | - | - | - |
| 1942 | - | - | - |
| 1941 | - | - | - |
| 1940 | - | - | - |
| 1939 | 13.3% | 110.8% | -3.19% |
| 1938 | 10.3% | 117.9% | -0.37% |
| 1937 | 9.9% | 120.9% | 0.02% |
| 1936 | 11% | 122.2% | -0.41% |
| 1935 | 11.8% | 121.8% | -0.69% |
| 1934 | 12.1% | 118.2% | -0.92% |
| 1933 | 11.9% | 116.1% | -2.55% |
| 1932 | 12% | 105.3% | -1.97% |
| 1931 | 10.9% | 90.4% | -1.66% |
| 1930 | 8.69% | 78.7% | -0.55% |
| 1929 | 8.08% | 74.2% | -1.16% |
| 1928 | 7.38% | 76.3% | -0.62% |
| 1927 | 7.89% | 80.2% | -0.33% |
| 1926 | 7.6% | 83% | -0.78% |
| 1925 | 7.66% | 85.4% | -2.04% |
| 1924 | 7.79% | 86.3% | -3.37% |
| 1923 | 8.56% | 88.9% | -2.62% |
| 1922 | - | 80.3% | - |
| 1921 | - | 72.5% | - |
| 1920 | - | 62% | - |
| 1919 | - | 63% | - |
| 1918 | - | 73.4% | - |
| 1917 | - | 66.2% | - |
| 1916 | - | 60.1% | - |
| 1915 | - | 60.7% | - |
| 1914 | - | 63.7% | - |
| 1913 | 9.53% | 64.1% | -0.45% |
| 1912 | 9.3% | 65.3% | -0.47% |
| 1911 | 9.05% | 67.9% | -0.13% |
| 1910 | 10.2% | 73% | -0.93% |
| 1909 | 10.4% | 77.1% | -0.34% |
| 1908 | 10.4% | 80.7% | -0.57% |
| 1907 | 9.86% | 77.8% | 0.03% |
| 1906 | 9.83% | 76.4% | 0.16% |
| 1905 | 10.3% | 81% | 0.1% |
| 1904 | 10.8% | 81.6% | -0.72% |
| 1903 | 10.9% | 85.2% | 0.09% |
| 1902 | 10.7% | 86.7% | -0.14% |
| 1901 | 10.3% | 88.1% | 0.03% |
| 1900 | 11% | 88.6% | 0.06% |
| 1899 | 10.7% | 92% | -0.13% |
| 1898 | 11.3% | 90.1% | -0.48% |
| 1897 | 11.4% | 93.9% | -0.45% |
| 1896 | 11% | 94% | 0.08% |
| 1895 | 11.3% | 98.5% | -0.06% |
| 1894 | 11.3% | 97.6% | 0.12% |
| 1893 | 11.9% | 101.4% | -0.76% |
| 1892 | 12.9% | 96.4% | -1.72% |
| 1891 | 10.7% | 92.1% | -0.06% |
| 1890 | 13.9% | 93.1% | -0.06% |
| 1889 | 10.2% | 93.5% | 0.04% |
| 1888 | 11.4% | 98.2% | -0.31% |
| 1887 | 10.8% | 101.3% | -0.37% |
| 1886 | 11.5% | 94.6% | -0.08% |
| 1885 | 11% | 91.6% | -0.55% |
| 1884 | 10.9% | 87% | 0% |
| 1883 | 11.2% | 85.2% | -2.1% |
| 1882 | 10.7% | 83.4% | -1.11% |
| 1881 | 10.6% | 86.7% | -1.06% |
| 1880 | 9.6% | 87% | 0.21% |
| 1879 | - | 92.6% | - |
| 1878 | - | 87.3% | - |
| 1877 | - | 82.9% | - |
| 1876 | - | 85% | - |
| 1875 | - | 83.7% | - |
| 1874 | - | 81.7% | - |
| 1873 | - | 79.7% | - |
| 1872 | - | 86.6% | - |
| 1871 | - | 96.9% | - |
| 1870 | - | 100.1% | - |
| 1869 | - | 102.7% | - |
| 1868 | - | 106.4% | - |
| 1867 | - | 106.1% | - |
| 1866 | - | 104% | - |
| 1865 | - | 112.7% | - |
| 1864 | - | 113.5% | - |
| 1863 | - | 119.9% | - |
| 1862 | - | 121.6% | - |
| 1861 | - | 135.7% | - |
| 1860 | - | 140% | - |
| 1859 | - | 156.3% | - |
| 1858 | - | 156.1% | - |
| 1857 | - | 145.2% | - |
| 1856 | - | 145.3% | - |
| 1855 | - | 160.3% | - |
| 1854 | - | 158.3% | - |
| 1853 | - | 185% | - |
| 1852 | - | 188.5% | - |
| 1851 | - | 196.7% | - |
| 1850 | - | 200.9% | - |
| 1849 | - | 201.6% | - |
| 1848 | - | 200.5% | - |
| 1847 | - | 171.3% | - |
| 1846 | - | 189.4% | - |
| 1845 | - | 221.1% | - |
| 1844 | - | 243.9% | - |
| 1843 | - | 234.9% | - |
| 1842 | - | 222.3% | - |
| 1841 | - | 215.2% | - |
| 1840 | - | 216.3% | - |
| 1839 | - | 212.3% | - |
| 1838 | - | 223.8% | - |
| 1837 | - | 235.9% | - |
| 1836 | - | 223.1% | - |
| 1835 | - | 245% | - |
| 1834 | - | 246.8% | - |
| 1833 | - | 236.6% | - |
| 1832 | - | 198.8% | - |
| 1831 | - | 196.9% | - |
| 1830 | - | 210.5% | - |
| 1829 | - | 198.6% | - |
| 1828 | - | 204% | - |
| 1827 | - | 196.4% | - |
| 1826 | - | 208.3% | - |
| 1825 | - | 195% | - |
| 1824 | - | 207.6% | - |
| 1823 | - | 183.6% | - |
| 1822 | - | 189.8% | - |
| 1821 | - | 182.2% | - |
| 1820 | - | 169.5% | - |
| 1819 | - | 166.3% | - |
| 1818 | - | 140.2% | - |
| 1817 | - | 120.9% | - |
| 1816 | - | 131.8% | - |
| 1815 | - | 138.5% | - |
| 1814 | - | 141.9% | - |
Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1814–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).
GeoRank.org/economy/netherlands | CC BY
This chart shows the Netherlands' government spending, budget balance, and debt over time, each expressed as a share of GDP.
Over the past 50 years, the Netherlands recorded a fiscal deficit in 42 of them, with an average annual deficit equal to 2.46% of GDP. In 2024, government spending reached $540B (44.4% of GDP), with a deficit of 0.94%.
The national debt reached $532B, ranking 19th out of 185 countries by total size, with a debt-to-GDP ratio of 43.8%, ranking 123rd.
Inflation rate by year
| Year | Inflation |
|---|---|
| 2024 | 3.35% |
| 2023 | 3.84% |
| 2022 | 10% |
| 2021 | 2.68% |
| 2020 | 1.27% |
| 2019 | 2.63% |
| 2018 | 1.7% |
| 2017 | 1.38% |
| 2016 | 0.32% |
| 2015 | 0.6% |
| 2014 | 0.98% |
| 2013 | 2.51% |
| 2012 | 2.46% |
| 2011 | 2.34% |
| 2010 | 1.28% |
| 2009 | 1.19% |
| 2008 | 2.49% |
| 2007 | 1.61% |
| 2006 | 1.1% |
| 2005 | 1.69% |
| 2004 | 1.26% |
| 2003 | 2.09% |
| 2002 | 3.29% |
| 2001 | 4.16% |
| 2000 | 2.36% |
| 1999 | 2.16% |
| 1998 | 1.96% |
| 1997 | 2.11% |
| 1996 | 1.95% |
| 1995 | 1.92% |
| 1994 | 2.8% |
| 1993 | 2.58% |
| 1992 | 3.18% |
| 1991 | 3.16% |
| 1990 | 2.45% |
| 1989 | 1.08% |
| 1988 | 0.74% |
| 1987 | -0.69% |
| 1986 | 0.08% |
| 1985 | 2.26% |
| 1984 | 3.3% |
| 1983 | 2.74% |
| 1982 | 5.91% |
| 1981 | 6.74% |
| 1980 | 6.51% |
| 1979 | 4.2% |
| 1978 | 4.11% |
| 1977 | 6.4% |
| 1976 | 8.83% |
| 1975 | 10.2% |
| 1974 | 9.59% |
| 1973 | 8.02% |
| 1972 | 7.8% |
| 1971 | 7.48% |
| 1970 | 3.67% |
| 1969 | 7.42% |
| 1968 | 3.72% |
| 1967 | 3.46% |
| 1966 | 5.76% |
| 1965 | 3.91% |
| 1964 | 5.82% |
| 1963 | 3.24% |
| 1962 | 2.43% |
| 1961 | 1.31% |
| 1960 | 2.32% |
Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).
GeoRank.org/economy/netherlands | CC BY
Over the past 20 years, the Netherlands has had an average annual inflation rate of 2.27%. In 2024, inflation was 3.35%. The bar chart above shows consumer price inflation by year.
Balance of trade
|
Netherlands
|
Rank | |
|---|---|---|
|
Current account balance
|
$111B
2024 |
5/190 |
| Current account balance, % of GDP |
+9.13%
2024 |
18/190 |
| Goods imports |
$606B
2024 |
9/189 |
| Goods exports |
$693B
2024 |
6/189 |
| Service imports |
$262B
2024 |
8/189 |
| Service exports |
$308B
2024 |
9/189 |
| Imports of goods and services, % of GDP |
71.4%
2024 |
32/181 |
| Exports of goods and services, % of GDP |
82.4%
2024 |
14/193 |
Netherlands top 10 trading partners
The Netherlands' biggest trading partner accounting for 18.8% of all exports and imports is Germany, with a trade balance between the two of +$63.1B: the Netherlands exports $190B worth of goods and services to Germany and imports $127B.
Below is the list of the top 10 trade partners of the Netherlands.
| Rank | Country | Trade value | Share of total trade | Export to | Import from | Top export to | Top import from |
|---|---|---|---|---|---|---|---|
| 1 |
Germany
|
$317B | 18.8% | $190B | $127B | Machinery & equipment | Machinery & equipment |
| 2 |
Belgium
|
$174B | 10.3% | $99.1B | $75.2B | Raw materials & minerals | Raw materials & minerals |
| 3 |
United States
|
$153B | 9.07% | $59.6B | $93.7B | Machinery & equipment | Machinery & equipment |
| 4 |
United Kingdom
|
$119B | 7.05% | $68.3B | $50.8B | Machinery & equipment | Business & finance services |
| 5 |
France
|
$107B | 6.36% | $72.8B | $34.6B | Machinery & equipment | Transport & tourism services |
| 6 |
China
|
$82.5B | 4.88% | $24.2B | $58.3B | Machinery & equipment | Machinery & equipment |
| 7 |
Italy
|
$57.6B | 3.41% | $36.2B | $21.4B | Machinery & equipment | Machinery & equipment |
| 8 |
Spain
|
$46.7B | 2.76% | $29.6B | $17.1B | Machinery & equipment | Transport & tourism services |
| 9 |
Ireland
|
$46B | 2.72% | $20.6B | $25.3B | Business & finance services | Machinery & equipment |
| 10 |
Poland
|
$44.5B | 2.63% | $25.7B | $18.8B | Machinery & equipment | Machinery & equipment |
Top 10 exports
|
Netherlands
|
Rank | |
|---|---|---|
| Machinery & equipment | $242B | 8/193 |
| Raw materials & minerals | $125B | 8/193 |
| Chemicals & pharma | $122B | 8/193 |
| Transport & tourism services | $85.5B | 8/188 |
| Business & finance services | $77.4B | 8/188 |
| Processed food, beverages & tobacco | $61.2B | 2/192 |
| Textiles & consumer goods | $44.5B | 9/193 |
| IT & IP services | $41.6B | 9/183 |
| Raw agricultural goods | $40.1B | 3/193 |
| Metals | $35.3B | 12/192 |
Top 10 imports
|
Netherlands
|
Rank | |
|---|---|---|
| Machinery & equipment | $227B | 11/193 |
| Raw materials & minerals | $130B | 7/193 |
| Chemicals & pharma | $87.8B | 8/193 |
| Transport & tourism services | $76.9B | 7/188 |
| Business & finance services | $69.2B | 8/188 |
| Textiles & consumer goods | $50.1B | 8/193 |
| Processed food, beverages & tobacco | $44.7B | 5/193 |
| IT & IP services | $35.1B | 9/182 |
| Metals | $32.3B | 15/193 |
| Raw agricultural goods | $26.7B | 4/193 |
Economic freedom indices
|
Netherlands
|
Rank | |
|---|---|---|
| Economic freedom | 78.5 | 11/197 |
| Property rights | 96 | 6/182 |
| Government integrity | 86.8 | 9/182 |
| Judicial effectiveness | 96.1 | 7/182 |
| Tax burden | 54 | 176/182 |
| Government spending | 42.2 | 148/180 |
| Fiscal health | 95.9 | 30/181 |
| Business freedom | 85 | 12/182 |
| Labor freedom | 59.3 | 58/182 |
| Monetary freedom | 77 | 53/180 |
| Trade freedom | 79.4 | 49/181 |
| Investment freedom | 90 | 6/181 |
| Financial freedom | 80 | 9/181 |
Economic freedom by year
| Year | Index | ||||
|---|---|---|---|---|---|
| Economic freedom | Judicial effectiveness | Tax burden | Government spending | Fiscal health | |
| 2026 | 78.5 | 96.1 | 54 | 42.2 | 95.9 |
| 2025 | 78.2 | 95.7 | 54 | 41.6 | 94.7 |
| 2024 | 77.3 | 96.2 | 53.1 | 37.1 | 88.1 |
| 2023 | 78 | 91 | 51 | 37.9 | 90.8 |
| 2022 | 79.5 | 96.9 | 51.2 | 45.4 | 93.6 |
| 2021 | 76.8 | 72.8 | 51.7 | 47.7 | 95.3 |
| 2020 | 77 | 73.9 | 51.7 | 45.2 | 94.1 |
| 2019 | 76.8 | 74.7 | 51.6 | 42.9 | 93.3 |
| 2018 | 76.2 | 74.1 | 52.5 | 39.1 | 88.2 |
| 2017 | 75.8 | 69.9 | 53.2 | 37 | 83 |
| 2016 | 74.6 | - | 52.7 | 34.4 | - |
| 2015 | 73.7 | - | 51.8 | 23.8 | - |
| 2014 | 74.2 | - | 51.7 | 25.6 | - |
| 2013 | 73.5 | - | 52.1 | 24.7 | - |
| 2012 | 73.3 | - | 51.2 | 20.9 | - |
| 2011 | 74.7 | - | 50.6 | 36.8 | - |
| 2010 | 75 | - | 52 | 38.4 | - |
| 2009 | 77 | - | 50.9 | 36.2 | - |
| 2008 | 77.4 | - | 51.6 | 38.2 | - |
| 2007 | 75.5 | - | 48.8 | 34.9 | - |
| 2006 | 75.4 | - | 48 | 29.1 | - |
| 2005 | 72.9 | - | 45.7 | 28 | - |
| 2004 | 74.5 | - | 45.2 | 32.3 | - |
| 2003 | 74.6 | - | 44.1 | 35.4 | - |
| 2002 | 75.1 | - | 43.6 | 39.3 | - |
| 2001 | 73 | - | 38.4 | 25 | - |
| 2000 | 70.4 | - | 36.9 | 28 | - |
| 1999 | 70.2 | - | 37.1 | 26.2 | - |
| 1998 | 69.2 | - | 36.2 | 20.7 | - |
| 1997 | 70.4 | - | 34.1 | 14.1 | - |
| 1996 | 69.7 | - | 33.8 | 6.6 | - |
Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).
GeoRank.org/economy/netherlands | CC BY
The Netherlands is ranked 10/174 for economic freedom with a score of 78.5, compared to 12/162 and a score of 75.4 in 2006.
Other economic metrics
|
Netherlands
|
Rank | |
|---|---|---|
| Services, % of GDP |
70.5%
2024 |
24/191 |
| Industry, % of GDP |
17.5%
2024 |
145/194 |
| Agriculture, forestry, and fishing, % of GDP |
1.73%
2024 |
154/193 |
|
GNI, Atlas method
|
$1.12T
2024 |
19/194 |
| GNI per capita, PPP |
$84,970
2024 |
9/191 |
| Total reserves including gold |
$79.1B
2024 |
34/177 |
|
Net foreign direct investment
|
$11.1B
2024 |
16/189 |
|
Net inflows of foreign direct investment
|
-$17.1B
2024 |
188/193 |
|
Net outflows of foreign direct investment
|
-$5.93B
2024 |
189/193 |
| Poverty at national poverty lines |
14.5%
2021 |
133/176 |
|
Gross capital formation, % of GDP
|
19.7%
2024 |
126/178 |
Compare Netherlands vs other countries
GDP per capita map
Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).
GeoRank.org/economy/netherlands | CC BY
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Data sources:
- World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
- International Monetary Fund (IMF) | Public Finances in Modern History (1814–1989, retrieved 2026-02-20)
- International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
- The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
- U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
- TradeMap (2022–2024, retrieved 2026-02-08)
- United Nations | World Population Prospects (2026, retrieved 2026-03-10)
- LivingCost (2026, retrieved 2025-10-14)
Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.
The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.
Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.
A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).
Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.
Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.
Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.