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Economy Stats: compare key data on Germany & Netherlands Antilles

Definitions

  • Budget > Expenditures: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms
  • Budget > Revenues: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms
  • Budget > Revenues > Per capita: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per capita figures expressed per 1 population.
  • Debt > External: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services.
  • Debt > External > Per capita: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services. Per capita figures expressed per 1 population.
  • Overview: This entry briefly describes the type of economy, including the degree of market orientation, the level of economic development, the most important natural resources, and the unique areas of specialization. It also characterizes major economic events and policy changes in the most recent 12 months and may include a statement about one or two key future macroeconomic trends.
  • Fiscal year: The beginning and ending months for a country's accounting period of 12 months, which often is the calendar year but which may begin in any month. All yearly references are for the calendar year (CY) unless indicated as a noncalendar fiscal year (FY).
  • GDP > Composition by sector > Industry: The gross domestic product (GDP) or value of all final goods produced by the industrial sector within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the CIA World Factbook for more information.
  • GDP > Per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per capita figures expressed per 1 population.
  • GDP > Purchasing power parity: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller.
  • GDP per person: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.
  • Inbound tourism income > Current US$: International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Data are in current U.S. dollars."
  • Inflation rate > Consumer prices: This entry furnishes the annual percent change in consumer prices compared with the previous year's consumer prices.
  • Tourist arrivals: International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited. When data on number of tourists are not available, the number of visitors, which includes tourists, same-day visitors, cruise passengers, and crew members, is shown instead. Sources and collection methods for arrivals differ across countries. In some cases data are from border statistics (police, immigration, and the like) and supplemented by border surveys. In other cases data are from tourism accommodation establishments. For some countries number of arrivals is limited to arrivals by air and for others to arrivals staying in hotels. Some countries include arrivals of nationals residing abroad while others do not. Caution should thus be used in comparing arrivals across countries. The data on inbound tourists refer to the number of arrivals, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival."
  • Tourist arrivals > Per capita: International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, but outside their usual environment, for a period not exceeding 12 months and whose main purpose in visiting is other than an activity remunerated from within the country visited. When data on number of tourists are not available, the number of visitors, which includes tourists, same-day visitors, cruise passengers, and crew members, is shown instead. Sources and collection methods for arrivals differ across countries. In some cases data are from border statistics (police, immigration, and the like) and supplemented by border surveys. In other cases data are from tourism accommodation establishments. For some countries number of arrivals is limited to arrivals by air and for others to arrivals staying in hotels. Some countries include arrivals of nationals residing abroad while others do not. Caution should thus be used in comparing arrivals across countries. The data on inbound tourists refer to the number of arrivals, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival." Per capita figures expressed per 1,000 population.
  • GDP > Composition by sector > Services: The gross domestic product (GDP) or value of all final services produced within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the CIA World Factbook for more information.
  • Consumer price index: Consumer price index reflects changes in the cost to the average consumer of acquiring a fixed basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
    2000 = 100
  • GDP > Composition by sector > Agriculture: The gross domestic product (GDP) or value of all final goods produced by the agricultural sector within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the CIA World Factbook for more information.
  • Industries: A rank ordering of industries starting with the largest by value of annual output.
  • GDP per capita > Constant LCU: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Balance of payments > Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US: Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors. Data are in current U.S. dollars."
  • Trade > With US > US imports of bauxite and aluminum: US imports of bauxite and aluminum, USD Thousands, 2004
  • GDP > Real growth rate: GDP growth on an annual basis adjusted for inflation and expressed as a percent.
  • Economic growth > Per capita: Annual percentage growth rate of GDP per capita based on constant local currency. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Micro > Small and medium enterprises > Number > Per capita: Micro, small, and medium-size enterprises are business that may be defined by the number of employees. There is no international standard definition of firm size; however, many institutions that collect information use the following size categories: micro enterprises have 0-9 employees, small enterprises have 10-49 employees, and medium-size enterprises have 50-249 employees. Per capita figures expressed per 1,000 population.
  • Currency: The national medium of exchange and its basic sub-unit.
  • GDP > Purchasing power parity > Per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per capita figures expressed per 1 population.
  • Retail > Gross value added by wholesale, retail trade, restaurants and hotels: Gross Value Added by Kind of Economic Activity at current prices - US dollars.
  • Exchange rates: The official value of a country's monetary unit at a given date or over a given period of time, as expressed in units of local currency per US dollar and as determined by international market forces or official fiat.
  • Size of economy > Share of world GDP : Percent of world GDP (exchange rates).

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  • Interest rate spread > Lending rate minus deposit rate: Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits.
  • Tax > Highest marginal tax rate > Corporate rate: Highest marginal tax rate (corporate rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of corporations.
  • GDP > Current LCU: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
  • Real interest rate: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.
  • Royalty and license fees > Receipts > BoP > Current US$ > Per $ GDP: Royalty and license fees are payments and receipts between residents and nonresidents for the authorized use of intangible, nonproduced, nonfinancial assets and proprietary rights (such as patents, copyrights, trademarks, industrial processes, and franchises) and for the use, through licensing agreements, of produced originals of prototypes (such as films and manuscripts). Data are in current U.S. dollars. Per $ GDP figures expressed per 1 million $ gross domestic product.
  • Inflation: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used."
  • Outbound tourist spending: International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These expenditures may include those by residents traveling abroad as same-day visitors, except in cases where these are important enough to justify separate classification. For some countries they do not include expenditures for passenger transport items. Data are in current U.S. dollars."
  • Micro > Small and medium enterprises > Number: Micro, small, and medium-size enterprises are business that may be defined by the number of employees. There is no international standard definition of firm size; however, many institutions that collect information use the following size categories: micro enterprises have 0-9 employees, small enterprises have 10-49 employees, and medium-size enterprises have 50-249 employees.
  • Current transfers > Receipts > BoP > Current US$: Current transfers (receipts) are recorded in the balance of payments whenever an economy receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.
  • Consumption > Consumption by sector > Equals: Household final consumption expenditure: Total amount of money spent by nation's consumers, or households. Amount includes, but is not limited to, goods, rent, and government fees such as fines and permits. Also included are taxes and money spent by citizens while abroad. 
  • Net income > BoP > Current US$ > Per capita: Net income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Income derived from the use of intangible assets is recorded under business services. Data are in current U.S. dollars. Per capita figures expressed per 1,000 population.
  • GNI: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.
  • Market capitalization of listed companies > Current US$: Market capitalization (also known as market value) is the share price times the number of shares outstanding. Listed domestic companies are the domestically incorporated companies listed on the country's stock exchanges at the end of the year. Listed companies does not include investment companies, mutual funds, or other collective investment vehicles. Data are in current U.S. dollars.
  • Trade > Exports to US: in US dollars. Jan 2003 - March 2003
  • Lending interest rate: Lending interest rate is the rate charged by banks on loans to prime customers.
  • Net domestic credit > Current LCU: Net domestic credit is the sum of net credit to the nonfinancial public sector, credit to the private sector, and other accounts. Data are in current local currency.
  • GDP > By type of expenditure > Household consumption expenditure: GDP by Type of Expenditure at current prices - US dollars.
  • Current account balance > BoP > Current US$: Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars.
  • Trade > Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Currency > Real effective exchange rate index: Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.
    2000 = 100
  • Currency > Official exchange rate > LCU per US$ > Period average: Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
  • Economy growth: Measures growth in the economy or ""economy growth"". Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources."
  • Trade > Exports > Exports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
  • GDP > CIA Factbook > Per capita: Per capita figures expressed per 1 population.
  • GDP > Per $ GDP: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Trade > Exports: The total US dollar amount of exports on an f.o.b. (free on board) basis.
  • Total > Reserves in months of imports: Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. This item shows reserves expressed in terms of the number of months of imports of goods and services which could be paid for.
  • GDP > Constant LCU: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Trade > Imports > Imports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
  • Balance of payments > Financial > Reserves: Changes in net reserves is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. These include changes in holdings of monetary gold, SDRs, foreign exchange assets, reserve position in the International Monetary Fund, and other claims on nonresidents that are available to the central authority. The measure is net of liabilities constituting foreign authorities' reserves, and counterpart items for valuation changes and exceptional financing items. Data are in current U.S. dollars."
  • Balance of payments > Current account > Goods > Services and income > Exports > Goods and services > Current U: Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars."
  • Balance of payments > Current account > Balances > Current account balance > Current US$: Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars."
  • GDP deflator: The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.
  • Net trade in goods and services > BoP > Current US$: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.
  • Portfolio investment > Excluding LCFAR > BoP > Current US$: Portfolio investment excluding liabilities constituting foreign authorities' reserves covers transactions in equity securities and debt securities. Data are in current U.S. dollars.
  • Net capital account > BoP > Current US$: Net capital account includes government debt forgiveness, investment grants in cash or in kind by a government entity, and taxes on capital transfers. Also included are migrants' capital transfers and debt forgiveness and investment grants by nongovernmental entities. Data are in current U.S. dollars.
  • Budget > Expenditures > Per capita: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per capita figures expressed per 1 population.
  • Deposit interest rate: Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits.
  • Net income > BoP > Current US$: Net income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Income derived from the use of intangible assets is recorded under business services. Data are in current U.S. dollars.
  • Goods imports > BoP > Current US$: Goods imports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from nonresidents to residents. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Data are in current U.S. dollars.
  • Foreign direct investment > Net > BoP > Current US$ > Per capita: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars. Per capita figures expressed per 1,000 population.
  • International tourism > Expenditures for travel items > Current US$: International tourism expenditures are expenditures of international outbound visitors in other countries. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars."
  • Currency > DEC alternative conversion factor > LCU per US$: The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.
  • Trade > Imports > Goods and services > BoP > Current US$ > Per $ GDP: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Foreign direct investment > Net > BoP > Current US$: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars.
  • Royalty and license fees > Payments > BoP > Current US$: Royalty and license fees are payments and receipts between residents and nonresidents for the authorized use of intangible, nonproduced, nonfinancial assets and proprietary rights (such as patents, copyrights, trademarks, industrial processes, and franchises) and for the use, through licensing agreements, of produced originals of prototypes (such as films and manuscripts). Data are in current U.S. dollars.
  • World Bank exchange rate: The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar."
  • Balance of payments > Current account > Balances > Net trade in goods > US$: Net trade in goods is the difference between exports and imports of goods. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Trade in services is not included. Data are in current U.S. dollars."
  • Trade > Exports > Goods: Goods imports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from nonresidents to residents. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Data are in current U.S. dollars."
  • Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country: The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.
  • GNI > Atlas method > Current US$ > Per capita: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro Zone, Japan, the United Kingdom, and the United States. Per capita figures expressed per 1 population.
  • Trade > Exports > Export growth in USD: Export values are the current value of exports (f.o.b.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2000). UNCTAD's export value indexes are reported for most economies. For selected economies for which UNCTAD does not publish data, the export value indexes are derived from export volume indexes (line 72) and corresponding unit value indexes of exports (line 74) in the IMF's International Financial Statistics."
  • Transnational corporations > Affiliates: Number of foreign affiliates to transnational corporations
  • Tax > Social security contributions: Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments."
  • Trade balance with US: In US dollars. Jan 2003 - March 2003
  • Merchandise > Exports > Current US$: Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in U.S. dollars. Data are in current U.S. dollars.
  • Balance of payments > Capital and financial account > Net errors and omissions > Adjusted > BoP > Current US$: Net errors and omissions constitute a residual category needed to ensure that all debit and credit entries in the balance of payments statement sum to zero. In the International Financial Statistics presentation, this is equal to the difference between reserves and related items and the sum of the balances of the current, capital, and financial accounts. Data are in current U.S. dollars."
  • Balance of payments > Current account > Goods > Services and income > Exports of goods > Services > Income and wo: Exports of goods and services are the total value of goods and services exported as well as income and workers' remittances received. Workers' remittances include compensation of employees. Data are in current U.S. dollars.
  • Commercial service imports > Current US$ > Per capita: Commercial service imports are total service imports minus imports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies. Per capita figures expressed per 1 population.
  • Commercial service imports > Current US$: Commercial service imports are total service imports minus imports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies.
  • Foreign direct investment > Net > BoP > Current US$ > Per $ GDP: Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Micro > Small and medium enterprises > Per 1,000 people: Micro, small, and medium-size enterprises are business that may be defined by the number of employees. There is no international standard definition of firm size; however, many institutions that collect information use the following size categories: micro enterprises have 0-9 employees, small enterprises have 10-49 employees, and medium-size enterprises have 50-249 employees.
  • International tourism > Receipts for travel items > Current US$: International tourism receipts for travel items are expenditures by international inbound visitors in the reporting economy. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars."
  • Financial sector > Interest rates > Interest rate spread > Lending rate minus deposit rate: Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits."
  • Trade > Exports > Per $ GDP: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Trade > Exports > Export growth: Export volume indexes are derived from UNCTAD's volume index series and are the ratio of the export value indexes to the corresponding unit value indexes. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year's trade values at the Standard International Trade Classification three-digit level as weights. For economies for which UNCTAD does not publish data, the export volume indexes (lines 72) in the IMF's International Financial Statistics are used."
STAT Germany Netherlands Antilles HISTORY
Budget > Expenditures $1.53 trillion
Ranked 4th. 1613 times more than Netherlands Antilles
$949.50 million
Ranked 11th.

Budget > Revenues $1.53 trillion
Ranked 4th. 2025 times more than Netherlands Antilles
$757.90 million
Ranked 11th.

Budget > Revenues > Per capita $17,645.42 per capita
Ranked 16th. 4 times more than Netherlands Antilles
$4,190.30 per capita
Ranked 11th.

Debt > External $5.72 trillion
Ranked 3rd. 2134 times more than Netherlands Antilles
$2.68 billion
Ranked 5th.

Debt > External > Per capita $54,477.50 per capita
Ranked 10th. 4 times more than Netherlands Antilles
$14,817.27 per capita
Ranked 1st.

Overview The German economy - the fifth largest economy in the world in PPP terms and Europe's largest - is a leading exporter of machinery, vehicles, chemicals, and household equipment and benefits from a highly skilled labor force. Like its Western European neighbors, Germany faces significant demographic challenges to sustained long-term growth. Low fertility rates and declining net immigration are increasing pressure on the country's social welfare system and necessitate structural reforms. Reforms launched by the government of Chancellor Gerhard SCHROEDER (1998-2005), deemed necessary to address chronically high unemployment and low average growth, contributed to strong growth in 2006 and 2007 and falling unemployment. These advances, as well as a government subsidized, reduced working hour scheme, help explain the relatively modest increase in unemployment during the 2008-09 recession - the deepest since World War II - and its decrease to 6.5% in 2012. GDP contracted 5.1% in 2009 but grew by 4.2% in 2010, and 3.0% in 2011, before dipping to 0.7% in 2012 - a reflection of low investment spending due to crisis-induced uncertainty and the decreased demand for German exports from recession-stricken periphery countries. Stimulus and stabilization efforts initiated in 2008 and 2009 and tax cuts introduced in Chancellor Angela MERKEL's second term increased Germany's total budget deficit - including federal, state, and municipal - to 4.1% in 2010, but slower spending and higher tax revenues reduced the deficit to 0.8% in 2011. In 2012 Germany reached a budget surplus of 0.1%. A constitutional amendment approved in 2009 limits the federal government to structural deficits of no more than 0.35% of GDP per annum as of 2016 though the target was already reached in 2012. By 2014, the federal government wants to balance its budget. Following the March 2011 Fukushima nuclear disaster, Chancellor Angela Merkel announced in May 2011 that eight of the country's 17 nuclear reactors would be shut down immediately and the remaining plants would close by 2022. Germany hopes to replace nuclear power with renewable energy. Before the shutdown of the eight reactors, Germany relied on nuclear power for 23% of its electricity generating capacity and 46% of its base-load electricity production. Tourism, petroleum refining, and offshore finance are the mainstays of this small economy, which is closely tied to the outside world. Although GDP has declined or grown slightly in each of the past eight years, the islands enjoy a high per capita income and a well-developed infrastructure compared with other countries in the region. Most of the oil Netherlands Antilles imports for its refineries come from Venezuela. Almost all consumer and capital goods are imported, the US, Italy, and Mexico being the major suppliers. Poor soils and inadequate water supplies hamper the development of agriculture. Budgetary problems hamper reform of the health and pension systems of an aging population. The Netherlands provides financial aid to support the economy.
Fiscal year calendar year calendar year
GDP > Composition by sector > Industry 28.1%
Ranked 92nd. 87% more than Netherlands Antilles
15%
Ranked 27th.
GDP > Per capita $34,065.12 per capita
Ranked 22nd. 2 times more than Netherlands Antilles
$15,480.73 per capita
Ranked 8th.

GDP > Purchasing power parity $3.17 trillion
Ranked 5th. 1131 times more than Netherlands Antilles
$2.80 billion
Ranked 5th.

GDP per person 40,669.67
Ranked 17th. 6 times more than Netherlands Antilles
6,446.69
Ranked 36th.

Inbound tourism income > Current US$ $51.23 billion
Ranked 5th. 33 times more than Netherlands Antilles
$1.57 billion
Ranked 69th.

Inflation rate > Consumer prices 2.1%
Ranked 157th. The same as Netherlands Antilles
2.1%
Ranked 123th.

Tourist arrivals 24.88 million
Ranked 10th. 25 times more than Netherlands Antilles
982,000
Ranked 84th.

Tourist arrivals > Per capita 302.1 per 1,000 people
Ranked 79th.
4,357.3 per 1,000 people
Ranked 7th. 14 times more than Germany

GDP > Composition by sector > Services 71.1%
Ranked 37th.
84%
Ranked 2nd. 18% more than Germany
Consumer price index 108.28%
Ranked 137th.
109.31%
Ranked 130th. 1% more than Germany

GDP > Composition by sector > Agriculture 0.8%
Ranked 198th.
1%
Ranked 32nd. 25% more than Germany
Industries among the world's largest and most technologically advanced producers of iron, steel, coal, cement, chemicals, machinery, vehicles, machine tools, electronics, food and beverages, shipbuilding, textiles tourism (Curacao, Sint Maarten, and Bonaire), petroleum refining (Curacao), petroleum transshipment facilities (Curacao and Bonaire), light manufacturing (Curacao)
GDP per capita > Constant LCU 25947.12 9268.61
Balance of payments > Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US $39.15 billion
Ranked 6th. 335 times more than Netherlands Antilles
$116.91 million
Ranked 131st.

Trade > With US > US imports of bauxite and aluminum 293,979
Ranked 5th. 735 times more than Netherlands Antilles
400
Ranked 64th.
GDP > Real growth rate 0.9%
Ranked 142nd.
1%
Ranked 8th. 11% more than Germany

Economic growth > Per capita -4.45
Ranked 123th. 45% more than Netherlands Antilles
-3.06
Ranked 125th.

Micro > Small and medium enterprises > Number > Per capita 38.34 per 1,000 people
Ranked 10th. 6% more than Netherlands Antilles
36.31 per 1,000 people
Ranked 1st.
Agriculture > Products potatoes, wheat, barley, sugar beets, fruit, cabbages; cattle, pigs, poultry aloes, sorghum, peanuts, vegetables, tropical fruit
Currency euro Netherlands Antillean guilder
GDP > Purchasing power parity > Per capita $34,065.12 per capita
Ranked 22nd. 2 times more than Netherlands Antilles
$15,480.73 per capita
Ranked 8th.

Retail > Gross value added by wholesale, retail trade, restaurants and hotels 329.7 billion
Ranked 8th. 488 times more than Netherlands Antilles
674.92 million
Ranked 155th.

Exchange rates euros (EUR) per US dollar -<br />0.78 (2012 est.)<br />0.72 (2011 est.)<br />0.76 (2010 est.)<br />0.72 (2009 est.)<br />0.68 (2008 est.) <a href=/country/nl>Netherlands</a> Antillean guilders per US dollar - 1.79 (2004), 1.79 (2003), 1.79 (2002), 1.79 (2001), 1.79 (2000)
Size of economy > Share of world GDP 5.83%
Ranked 3rd. 583 times more than Netherlands Antilles
0.01%
Ranked 129th.
Interest rate spread > Lending rate minus deposit rate 7.04%
Ranked 75th. 3% more than Netherlands Antilles
6.82%
Ranked 62nd.

Tax > Highest marginal tax rate > Corporate rate 29.44%
Ranked 44th.
34.5%
Ranked 17th. 17% more than Germany

GDP > Current LCU 2247400000000 2109800000
Real interest rate 8.13%
Ranked 81st.
10.08%
Ranked 21st. 24% more than Germany

Royalty and license fees > Receipts > BoP > Current US$ > Per $ GDP 2,442.82 BoP $ per $1 million of
Ranked 19th. 17 times more than Netherlands Antilles
142.19 BoP $ per $1 million of
Ranked 68th.

Inflation 106.97
Ranked 154th.
115.56
Ranked 107th. 8% more than Germany

Outbound tourist spending 103.39 billion
Ranked 3rd. 544 times more than Netherlands Antilles
190 million
Ranked 114th.

Micro > Small and medium enterprises > Number 3.16 million
Ranked 3rd. 487 times more than Netherlands Antilles
6,496
Ranked 4th.
Current transfers > Receipts > BoP > Current US$ 22.06 billion BoP $
Ranked 5th. 55 times more than Netherlands Antilles
400.95 million BoP $
Ranked 93th.

Consumption > Consumption by sector > Equals: Household final consumption expenditure 2.06 trillion USD
Ranked 2nd. 798 times more than Netherlands Antilles
2.58 billion USD
Ranked 76th.

Net income > BoP > Current US$ > Per capita 129,457.96 BoP $ per 1,000 people
Ranked 12th.
-22,357.869 BoP $ per 1,000 people
Ranked 55th.

GDP > CIA Factbook $2.27 trillion
Ranked 5th. 927 times more than Netherlands Antilles
$2.45 billion
Ranked 164th.

GNI 3.38 trillion
Ranked 5th. 3024 times more than Netherlands Antilles
1.12 billion
Ranked 107th.

Market capitalization of listed companies > Current US$ 1.22 trillion$
Ranked 6th. 2 times more than Netherlands Antilles
488.65 billion$
Ranked 13th.
Trade > Exports to US $15.95 billion
Ranked 5th. 75 times more than Netherlands Antilles
$212.40 million
Ranked 67th.
Lending interest rate 9.7%
Ranked 102nd. 1% more than Netherlands Antilles
9.6%
Ranked 89th.

Net domestic credit > Current LCU 3050903000000 4195800000
GDP > By type of expenditure > Household consumption expenditure 1.97 trillion
Ranked 3rd. 774 times more than Netherlands Antilles
2.55 billion
Ranked 157th.

Commercial bank prime lending rate 3.07%
Ranked 171st.
9.21%
Ranked 101st. 3 times more than Germany
Current account balance > BoP > Current US$ 116.03 billion BoP $
Ranked 3rd.
-148,283,800 BoP $
Ranked 71st.

Trade > Imports $1.12 trillion
Ranked 3rd. 71 times more than Netherlands Antilles
$15.74 billion
Ranked 65th.

Currency > Real effective exchange rate index 106.92%
Ranked 45th. 2% more than Netherlands Antilles
105.31%
Ranked 49th.

Currency > Official exchange rate > LCU per US$ > Period average 0.8 1.79
Economy growth -4.72
Ranked 134th. 2 times more than Netherlands Antilles
-2.1
Ranked 132nd.

Trade > Exports > Exports of goods and services 1.77 trillion
Ranked 2nd. 499 times more than Netherlands Antilles
3.56 billion
Ranked 128th.

GDP > CIA Factbook > Per capita $27,513.60 per capita
Ranked 18th. Twice as much as Netherlands Antilles
$13,700.01 per capita
Ranked 46th.

GDP > Per $ GDP $34,065.12 per $1 of GDP
Ranked 22nd. 2 times more than Netherlands Antilles
$15,480.73 per $1 of GDP
Ranked 8th.

Trade > Exports $1.34 trillion
Ranked 2nd. 360 times more than Netherlands Antilles
$3.71 billion
Ranked 104th.

Total > Reserves in months of imports 1.06
Ranked 117th.
2.54
Ranked 90th. 2 times more than Germany

GDP > Constant LCU 2139844000000 1685200000
Trade > Imports > Imports of goods and services 1.57 trillion
Ranked 2nd. 377 times more than Netherlands Antilles
4.16 billion
Ranked 134th.

Balance of payments > Financial > Reserves -12,355,700,134.52
Ranked 133th. 41 times more than Netherlands Antilles
-300,905,027.93
Ranked 80th.

Balance of payments > Current account > Goods > Services and income > Exports > Goods and services > Current U $1.38 trillion
Ranked 3rd. 484 times more than Netherlands Antilles
$2.85 billion
Ranked 107th.

Balance of payments > Current account > Balances > Current account balance > Current US$ $165.47 billion
Ranked 2nd.
$-373,864,804.47
Ranked 77th.

GDP deflator 105.03
Ranked 161st.
125.2
Ranked 20th. 19% more than Germany

Net trade in goods and services > BoP > Current US$ 141.35 billion BoP $
Ranked 1st.
-279,995,000 BoP $
Ranked 68th.

Portfolio investment > Excluding LCFAR > BoP > Current US$ -512,477,000,000 BoP $
Ranked 117th. 18828 times more than Netherlands Antilles
-27,218,990 BoP $
Ranked 42nd.

Net capital account > BoP > Current US$ -1,688,664,000 BoP $
Ranked 110th.
95.58 million BoP $
Ranked 45th.

Budget > Expenditures > Per capita $17,633.28 per capita
Ranked 16th. 3 times more than Netherlands Antilles
$5,249.63 per capita
Ranked 8th.

Deposit interest rate 2.65%
Ranked 131st.
2.78%
Ranked 115th. 5% more than Germany

Net income > BoP > Current US$ 10.68 billion BoP $
Ranked 6th.
-4,083,799 BoP $
Ranked 30th.

Goods imports > BoP > Current US$ 782.82 billion BoP $
Ranked 2nd. 343 times more than Netherlands Antilles
2.29 billion BoP $
Ranked 103th.

Foreign direct investment > Net > BoP > Current US$ > Per capita -182,532.309 BoP $ per 1,000 people
Ranked 124th.
5,954.97 BoP $ per 1,000 people
Ranked 97th.

International tourism > Expenditures for travel items > Current US$ $91.69 billion
Ranked 2nd. 965 times more than Netherlands Antilles
$95.00 million
Ranked 116th.

Currency > DEC alternative conversion factor > LCU per US$ 0.8 1.79
Trade > Imports > Goods and services > BoP > Current US$ > Per $ GDP 0.353 BoP $ per $1 of GDP
Ranked 90th.
2.21 BoP $ per $1 of GDP
Ranked 6th. 6 times more than Germany

Foreign direct investment > Net > BoP > Current US$ -15,053,330,000 BoP $
Ranked 129th.
1.09 million BoP $
Ranked 108th.

Royalty and license fees > Payments > BoP > Current US$ 6.59 billion BoP $
Ranked 7th. 1125 times more than Netherlands Antilles
5.85 million BoP $
Ranked 77th.

World Bank exchange rate 0.72
Ranked 151st.
1.79
Ranked 118th. 2 times more than Germany

Balance of payments > Current account > Balances > Net trade in goods > US$ $188.35 billion
Ranked 2nd.
$-1,796,893,910.61
Ranked 93th.

Trade > Exports > Goods 957.25 billion
Ranked 3rd. 367 times more than Netherlands Antilles
2.61 billion
Ranked 110th.

Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country 110.5
Ranked 158th.
125.2
Ranked 8th. 13% more than Germany

GNI > Atlas method > Current US$ > Per capita 34,869.18$ per capita
Ranked 15th. 6 times more than Netherlands Antilles
6,058.94$ per capita
Ranked 32nd.

Trade > Exports > Export growth in USD 204.65
Ranked 81st. 5 times more than Netherlands Antilles
42.23
Ranked 151st.

Transnational corporations > Affiliates 12,042
Ranked 10th. 84 times more than Netherlands Antilles
143
Ranked 73th.
Tax > Social security contributions 54.74%
Ranked 1st. 2 times more than Netherlands Antilles
26.98%
Ranked 7th.

Trade balance with US $-8,563,500,000.00
Ranked 220th.
$4.30 million
Ranked 66th.
Merchandise > Exports > Current US$ 969.86 billion$
Ranked 1st. 542 times more than Netherlands Antilles
1.79 billion$
Ranked 116th.

Balance of payments > Capital and financial account > Net errors and omissions > Adjusted > BoP > Current US$ $21.33 billion
Ranked 3rd. 286 times more than Netherlands Antilles
$74.71 million
Ranked 43th.

Balance of payments > Current account > Goods > Services and income > Exports of goods > Services > Income and wo $1.61 trillion
Ranked 3rd. 544 times more than Netherlands Antilles
$2.96 billion
Ranked 111th.

Commercial service imports > Current US$ > Per capita 2,436.59$ per capita
Ranked 23th.
4,408.38$ per capita
Ranked 12th. 81% more than Germany

Commercial service imports > Current US$ 200.94 billion$
Ranked 2nd. 250 times more than Netherlands Antilles
805.22 million$
Ranked 101st.

Foreign direct investment > Net > BoP > Current US$ > Per $ GDP -5.386 BoP $ per $1,000 of GDP
Ranked 111th.
-237.463 BoP $ per $1,000 of GDP
Ranked 173th. 44 times more than Germany

External debt > Date of information 30 June 2006 2004
Micro > Small and medium enterprises > Per 1,000 people 38.34 per 1,000 people
Ranked 10th. 6% more than Netherlands Antilles
36.31 per 1,000 people
Ranked 1st.
International tourism > Receipts for travel items > Current US$ $40.02 billion
Ranked 7th. 51 times more than Netherlands Antilles
$784.00 million
Ranked 82nd.

Financial sector > Interest rates > Interest rate spread > Lending rate minus deposit rate 7.04%
Ranked 74th. 17% more than Netherlands Antilles
6.04%
Ranked 55th.

Trade > Exports > Per $ GDP $0.39 per $1 of GDP
Ranked 56th.
$0.66 per $1 of GDP
Ranked 18th. 69% more than Germany
Trade > Exports > Export growth 138.56
Ranked 69th. 6 times more than Netherlands Antilles
21.78
Ranked 152nd.

Tourism expenditures > International $78.55 billion
Ranked 2nd. 405 times more than Netherlands Antilles
$194.00 million
Ranked 85th.

SOURCES: CIA World Factbooks 18 December 2003 to 28 March 2011; All CIA World Factbooks 18 December 2003 to 18 December 2008; World Bank national accounts data, and OECD National Accounts data files.; World Tourism Organisation, Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files.; World Development Indicators database; International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and Development and official national sources.; FTDWebMaster, Foreign Trade Division, U.S. Census Bureau; United Nations Statistics Division; Wikipedia: World distribution of wealth (North America); KPMG's Corporate and Indirect Tax Rate Survey 2009 (www.kpmg.com), and PricewaterhouseCoopers's Worldwide Tax Summaries Online (www.pwc.com).; International Monetary Fund, International Financial Statistics and data files.; United Nations Statistics Division. Source tables; US Census Bureau; United Nations Statistics Division. Source tables; United Nations Statistics Division. Source tables; United Nations Statistics Division. Source tables; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.; x; United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.; World Investment Report 2001, United Nations Conference on Trade and Development (UNCTAD); International Monetary Fund, Government Finance Statistics Yearbook and data files.; Wikipedia: List of countries by external debt; Source: World Tourism Organization Statistics Database and Yearbook | United Nations World Tourism Organization

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