Economic Trivia

A highly mechanized agricultural sector employs only 2% of the labor force but provides large surpluses for the food-processing industry and for exports.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2019): Germany, Belgium, and United Kingdom
Top 3 Exported Goods (2019): Industrial Machinery, Oil & Mineral Fuels, and Electrical Machinery

Top Industries Source: CIA World Factbook

Agroindustries; Metal and Engineering Products; Electrical Machinery and Equipment; Chemicals

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $1,033,018,343,237 (2020)
GDP Growth Rate (annual %) -3.741% (2020)
GDP Per Capita, PPP (current international) $59,229 (2020)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 25/197 (2020)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 1.272% (2020)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 41.2% (2019)
Real Interest Rate (5 year average %) 0.217% (2013)
Manufacturing, value added (% of GDP) 10.955% (2020)
Current Account Balance (BoP, current US$) $71,062,442,223 (2020)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 9,387,604 (2020)
Employment in Agriculture (% of total employment) 1.985% (2020)
Employment in Industry (% of total employment) 15.821% (2020)
Employment in Services (% of total employment) 82.195% (2020)
Unemployment Rate 4.09% (2020)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $622,702,474,677 (2020)
Exports of goods and services (current US$) $719,610,961,345 (2020)
Total Merchandise Trade (% of GDP) 139.351% (2020)
FDI, net inflows (BoP, current US$) $35,689,139,761 (2019)
Commercial Service Exports (current US$) $185,667,994,649 (2020)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Netherlands’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment


  1. The World Bank