The Netherlands' infrastructure and international trade
According to the 2016 edition of KPMG’s Variables for Sustained Index, the Netherlands’ economic stability can be attributed to factors such as its highly educated population, robust public institutions and active participation in the global economy. The index analyses the strengths and weaknesses of 181 countries.
The countries were also judged based on their capability to achieve sustainable growth – an area in which the Netherlands performed particularly well, thanks to its strong infrastructure and leadership in international trade. The country’s active promotion of foreign trade also helped to secure such a high ranking.
“All these aspects provide a solid foundation which stands in general for future economic growth and prosperity,” the report said.
Also important are the robust public institutions in the Netherlands. These result in clear regulations and policy, judicial independence and a government that operates effectively. The Netherlands also excels in terms of infrastructure, the report found. This involves not only the quality of the transport system, but also the availability of new technologies and financial services.
High rankings across the board
The Netherlands consistently scores high in terms of the world’s most competitive economies. It is also one of the world’s largest economies, despite having a population of only about 17 million people.
In the most recent edition of the Global Competitiveness Report, published by the World Economic Forum, the Netherlands came in at fourth place worldwide and second place in Europe. This means that the Netherlands is one of the EU’s most competitive economies, and on the global stage it trails behind only Switzerland, Singapore and the United States.