Class: ECO 152 BL

Teacher: AUNG KYKAW OO

 Team members

Hoàng Nhật Anh Thư - 26203518405

Nguyễn Thị Tố Uyên - 28204800073
Phạm Lê Uyên Nhi - 27207134401
Phạm Lê Uyên My - 27207121752
Nguyễn Hoàng Phúc
Netherlands
Netherlands
Context of the country
Economic indicators
Summary and Conclusion
Context of the country
 Context of the country

Basic information

• Official name: Kingdom of the Netherlands.

• Geographical location: Located in Western Europe. Adjacent to Germany to the east, Belgium to the
south, and the North Sea to the northwest; there are maritime borders with Belgium, England and
Germany.
• Official language: Dutch.
• Area: 41,526 km², land area: 33,883 km², water area: 7,643 km²
• Land border: 1,027km.
• Population: about 17.2 million people.
• Natural resources: gas, petroleum, peat, limestone, salt, sand, gravel and arable land.
 Context of the country

Currency
Before February 28,
2002, the Dutch
currency used was
the Dutch guilder
(NLG).
- Since February 28,
2002, the Netherlands
has changed to using
the Euro as its official
currency.
- Counter-dollar rate:
As of 14/06/2023 1
euro = 1.0855 $
 Context of the country

Political system
• The Netherlands follows a constitutional monarchy
and a democratic parliament

Economic system
• The Netherlands has a mixed economy.
• The Netherlands develops many maritime service industries, seaports, river transport,
processing industry, petrochemicals, agriculture and food industry...
• Stable industrial relations, low unemployment and inflation, large current account
surplus
 Economic indicators

Economic output
(GDP)
GDP ( Gross
Domestic Product)
Is the market value
of all final goods
and services
produced in a
country for a certain
period of time.
 Economic indicators
GDP growth rate

Is the growth rate of gross domestic product in the  2015: up 1.96%

quarter, 6 months, 9 months, year (period) is the  2016: up 2.19%
increased percentage of gross domestic product (GDP) of  2017: up 2.91%
this period compared to the same period last year.  2018: up 3,36%
 2019: up 1,96%
 2020: down 3,80%
 2021: up 4,04%
 2022: up 14,11%
 Economic indicators

GDP per capita

GDP per capita is

the country's gross
domestic product
of the year divided
by the average
population in the
corresponding year.
 Economic indicators

The unemployment
rate
The unemployment
rate is the percentage
of the workforce that is
out of work.
 Economic indicators

Inflation rate
Inflation is the
continuous increase in
the overall price of
goods and services
over time and the
depreciation of a
certain currency.
 Economic indicators
Trade balance Formula: Trade Balance = Export - Import.

Export

Import
 Economic indicators

Trade balance

After calculating,
we have this chart.
This chart also
means that this
country’s economy
is trade surplus
through the period
of 10 years.
Economic indicators
Economic indicators
 Summary and Conclusion
• The Netherlands has a prime geographical location, a stable
political system and a diverse and open economy.
• In the last 10 years, the Dutch economy has recovered and
developed strongly, with a positive trade balance and a high total
export turnover.
• However, the Dutch inflation rate has increased significantly in
2022, which can have negative impacts on the economy.

• Statistics Netherlands
• De Netherlandsche Bank
• Eurostat
• World Trade Organization
(WTO)
• Organization for Economic
Cooperration and
Development (OECD)
• International Monetary Fund
(IMF)
Source
https://www.imf.org/en/Countries/NLD#countrydata
https://www.google.com/finance/quote/EUR-USD?sa=X&ved=
2ahUKEwicuNr4jsP_AhXGc3AKHZxBAJUQmY0JegQIDhAc&wind
ow=YTD
https://vcci.com.vn/uploads/P-HSTT-Ha-Lan-_03.2020.pdf
https://vn.investing.com/economic-calendar/dutch-unemploy
ment-rate-609
https://tradingeconomics.com/netherlands/imports
Thank you for listening!