Why is netherlands so rich

With companies like Philips, is the Netherlands home to giants of the tech and electronic industry. But also some of the biggest chemical-industry companies like AkzoNobel are housed in the Netherlands. All these big companies bring in a lot of money to the Dutch economy and create many job opportunities for people in the Netherlands. All of this contributes enormously to the prosperity of the Netherlands in general. The Dutch reap the benefits and will keep on reaping the benefits of their smart investments.

The nation has large investments in the sectors of medicine, technology, education, green energy, novel agricultural tools, and products. The Dutch investments in what really matters are the driving force of its economy. In the future too, their smart investments will keep the Netherlands ahead of other nations. Eindhoven, a Dutch city, is part of the area which is considered one of the most promising and innovative places in Europe. No wonder that the well-known Dutch technology company Philips also comes from Eindhoven.

Moreover, the success of the education, health, and other industrial sectors that make the Dutch economy so stable, is a result of smart investments. As a result, the Netherlands remains at the top in terms of knowledge and therefore manages to bring a lot of trade and money to the Netherlands.

Which of course creates more employment. From an early age, the spirit of entrepreneurship is instilled in the Dutch. The Netherlands is so rich because of the entrepreneurial spirit of the Dutch people.

Few of the best universities in the world are found in the Netherlands. The world-class well-rounded education offered by the Netherlands produces highly skilled individuals. The educational institutions of the Netherlands focus on producing creative pupils who can think out of the box. That is why there are so many start-ups here, with smart new ideas to conquer the world. Most Dutch start-ups conduct business on the internet.

Like this, the Netherlands creates highly skilled and entrepreneurial spirit-driven individuals who collectively move the economy forward. The Netherlands is a tourist haven , and your Euro Trip will be incomplete without visiting it. It is 20th on the list of most visited places in the world.

Amsterdam, the capital city, is one of the most visited destination cities of Europe. Moreover, the rich history, unique architecture, various tourist spots, and laid-back nature of the locals attract tourists to Amsterdam from all over the world. Each year during spring and summer, the capital is teeming with tourists.

In , economic growth in most Eastern European countries was indeed considerable. The share of the new member states situated in Eastern Europe in total trade between the EU countries has grown substantially in recent years. Their market share rose from more than 5 to 9 percent between and The growth is detrimental to the market shares of large economies like Italy and the United Kingdom. The Netherlands accounted for nearly 12 percent of total exports within the EU in , the largest market share in the EU after Germany.

Change navigation. However Allianz states that if interest rates do not go up they will hamper wealth creation in the long term. With one of the lowest ratios of real estate to financial assets, and despite the investment potential of cities like Amsterdam , the Netherlands is one of the countries in Europe where people are least likely to invest in property.

While European real estate assets, on average, corresponded to 80 per cent of gross financial assets in , in the Netherlands it was around 35 per cent. Instead of investing in real estate, possibly due to a tradition of social housing, Dutch citizens prefer to manage and accumulate wealth in the form of financial assets such as bank deposits, securities, insurance and pensions.

In terms of how the Dutch prefer to manage their financial assets, the report revealed that 22 per cent of capital is kept in bank deposits, 14 per cent in securities and 63 per cent in insurance and pensions. The Global Wealth Report also found that the whole world became wealthier in , with total private wealth reaching a record high of trillion euros.

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