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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. [ 22 ] [ 23 ] 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 ...
It is noted that these two nations experienced a more rapid growth than most due to their non-absolutist political institutions. This is only one of many beneficial factors that played a role in shaping growth and economic change within the Netherlands that occurred throughout the 16th and 17th centuries.
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]
The Netherlands formed a new economic alliance with Belgium and Luxembourg, the Benelux, and all three became founding members of the European Union and NATO. In recent decades, the Dutch economy has been closely linked to that of Germany and is highly prosperous.
Eindhoven, in the southern Netherlands, where ASML is based, and where the technical startups congregate has played a major role in supporting the Dutch economy amid weakness in neighbouring Germany.
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 ...
At Market Basket locations in some parts of Massachusetts, customers are being asked to limit their egg purchases to two cartons per family. Another shopper on the hunt for eggs, this one in Las ...