Netherlands

The Netherlands moved up 1 place to 18th, passing Saudi Arabia to sit just behind Indonesia, but most of its +9.8% rise in US$ GDP, to US$1.33 trillion, was exchange-rate and price effects, not output. Real growth came in at +1.8%. Services dominate at 70.4% of output, with industry at 17.7%, manufacturing at 10.1% and agriculture at 1.7%. Inflation stood at 3.2%, unemployment at 3.9% and government gross debt at 44.7% of GDP.

With a population of 18.1 million, the Netherlands produces an economy about the size of the Los Angeles, CA metro area. GDP per capita of US$73,684 ranks 11th of 196, and 13th on a PPP basis at $87,320 international dollars. The country ranked 14th in 2000, when GDP stood at US$417.6 billion; it has grown 3.2 times in US$ terms since. The IMF projects a +22% rise to US$1.63 trillion by 2030, holding it at 18th.