Underneath its laid-back cultural and social veneer, The Netherlands is a thriving hub for international business. Its central geographical location has encouraged some of the world's best-known companies to station operations there.

The Netherlands has an open economy that depends heavily on foreign trade. Its economy is noted for stable industrial relations, moderate inflation, a sizable current account surplus and an important role as a European transportation center.

After a stagnant economy in the early part of the century, the Dutch economy continues to recover, with GDP growth rising to three percent in 2006. Exports are benefiting from strong world demand and improving competitiveness. Domestic demand is finally picking up as private consumption is underpinned by a stronger labor market. Inflation is low, but core inflation is expected to gradually pick up along with higher wage growth.