Why is The NETHERLANDS so RICH? - How it became the world's second largest exporter of food?
The Netherlands is a small country in Northern Europe, home to just over 17 million people. A good part of the territory is below sea level, which is why it is famous for its engineering works to face the challenges of constant flooding. It is also famous for being one of the most stable and wealthy countries in the world. By 2017, according to the World Bank, it had a GDP per capita of $48,000 higher than countries like Australia, Canada or the United Kingdom. The questions addressed in the video are: what reasons explain the wealth of the Netherlands? How did the discovery of a natural gas field almost ruin the Dutch economic "miracle"? And how did such a small country become the world's second largest food exporter?
Other videos of interest:
- Why is AUSTRALIA so RICH? - Why is it call the LUCKY COUNTRY?
• Why is AUSTRALIA so RI...
Sources of interest:
- McMahon, Fred (2000). Road to Growth - The Dutch Miracle. Atlantic Institute for Market Studies.
www.aims.ca/site/media/aims/b...
Data:
- About trade in The Netherlands:
www.cbs.nl/en-gb/publication/...
#economicsnation #netherlands
Yup we're all incredibly rich! So rich that many of us won't be able to pay our bills in a couple of months :)
Hahaha
Because of russia and to many foreigners comming in to the netherlands
Because the country is rich doesnt meant necessarily that you are too!! Jokes apart, good luck with the bills!
vind een betere baan zou ik zeggen
Maybe get a job
Being a german I have nothing but respect for the dutch people! They always have innovative business ideas and are great to work with. Plus they seem to be joyful and Open to new things. The netherlands are also a Great country to visit
And in return you receive our respect. Germany is a beautiful country.
I am from the Netherlands so thx love it 😍👍
Only for the next 30/40 years then the immigrants take over #omw2poland
Thx man
Good smokes
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People "never giving up" depends on situation and goal. Someone entering Europe from sub Saharan Africa would give 100 times more effort to enter Netherlands, but not much to develop his situation through education and training, after landing in Europe, because the goal is to enter a welfare state.
In Germany we call The Netherlands the 17th Bundesland. And that is meant as a compliment, because our im- and exports are on the highest level. It is a very well organized country and it is always ahead of many developments, and we profit from that. We have a great friendship.
Netherlands = West-Germany KOLONISIERT
Nah, Mallorca is the 17th Bundesland.
I live in Germany near the Dutch border and I literally never heard of that
I'm from the Netherlands and I can confirm. My friends and I live really close to Germany and we always refer to our country as Nordrhein-Westholland 🤣 All jokes aside, I love Germany and their people and I'm proud to share borders with such an amazing country.
I literally NEVER heard that. On the other hand, everyone refers to Mallorca as the 17th Bundesland ALL THE TIME!
relative low taxes?!? must have been an extensive visit to the coffeeshop befor he said that...
For companies, all right politics I would say.
low taxes for companys, NOT for the Dutch citizens.
Not even for companies, small to middle big businesses pay a lot of tax, and have seen their tax increase in the past years while big companies/internationals have seen their tax shrink
@@artimkalash3347 Still there are a lot of big companies with there headquarters in the Netherlands because they get really good tax cuts. Would be interesting to see how important these companies are to the Dutch economy.
@@abcxyzsven very little, I’ve done research about it when I was a bit younger
As a Dutch man I want you to know that on this moment there are roughly around 830.000 Dutch people that live beneath the poverty line of which 220.000 are children. It is estimated that in 2024 the total number of people living beneath the poverty line will be around 1 million. Given that we don't even have 18 million people living in the Netherlands, the number of people living beneath the poverty line is far bigger than you would think.
If you are living beneath poverty level in the Netherlands you have messed up and you would probably be a starving homeless person in any other part of the world.
It also depends on how high or low you set the poverty line. When I am in NL I only see lots of cars, full restaurants and bars and a very crowded airport. The 'official' poverty statistics are rather overdone, I feel. Dutch do like to co,plain and bitch especially about their own country despite the amount of wealth that is visible.
The Dutch "poverty" line.
Very true! A big percentage of ppl are living on financial help. Isn't honey and milk here .... might be good for who does businesses... gemeente and belastingdienst will squeeze the last cent out of u. 9y already ND planning to go somewhere! I don't have a good opinion about this country. Even many dutch ppl are moving abroad!
@@janvanveelen jij woont zeker in Wassenaar ? Zeker niet in Amsterdam Noord. Scandinavian countries are far more rich. We are full anyway .
Having got an MSc and PhD from Wageningen University, I think that greenhouse innovation is one of the most remarkable changes that took place in Dutch agriculture. Greenhouses used to require huge energy inputs for heating and lighting. Then, energy requirements started plummeting thanks to huge increases in efficiency. And now, greenhouses are on track to become energy producers. They harvest unneeded solar energy with solar panels and store heat for the winter. At the same time, they also give much higher yields for signature crops like tomatoes, as compared with countries warm enough to grow them outside in fields. This basically means that the Netherlands is now best at growing crops for which its climate isn't even naturally suited.
You're right except you forgot one small detail; everything grown in greenhouses tastes like shit compared to crops coming from real farmers. Try a supermarked tomato from a greenhouse, then travel to France and eat one that has actually seen sun and was fed by nature's soil. You'll for sure taste an enormous difference.
@@kolonelfranz31 I find several greenhouse crops quite palatable and importing, even from France, means that crops will have to be harvested not quite ripe, making them less tasty anyway. Also, food is grown more locally, meaning less transport and thus, fewer emissions. What I worry about more is a general trend that new crop varieties have fewer nutrients in them, while at the same time, fruit becomes sweeter and sweeter. I think that we need to rethink how we create our diet, because the food industry is making our food more unhealthy every year.
@diedertspijkerboer I was always under the impression that greenhouses need a lot of valuable gas to be warmed up during winter to grow crops throughout the whole year. Has this really improved you think? I still feel that eating things like cucumbers in winter is pretty bad for the environment
@@Bowonfire At the moment, greenhouse farmers use different methods of heating. The most advanced ones are using heat from deap in the earth. Basically, greenhouses are now in a transition period towards cleaner methods of heating. Of course, farmers also need lighting to grow the crops in winter, which also has an energy cost, and that's in transition as well, with huge windparks being built out at sea. So it's difficult to say how environmentally unfriendly it is to eat cucumbers in winter. But note that storage spaces for vegetables need to be heated as well, but less so. So the ideal thing to eat would be crops that can be harvested in winter, like kale, Brussels sprouts and turnips. However, I'm unsure if you can create a healthy diets if you limit yourself to such crops. Personally, I buy a fair amount of frozen vegetables and especially fruit. They are cheap and they don't spoil, which is a huge environmental benefit in itself. I'd be interested in what your approach is.
Dank voor de interessante toevoeging collega-Wageninger!
The Netherlands, the land where u pay tax for tax
Living in the Netherlands is really expensive. But if you fall in the lower class you can get a lot of support from the government which helps. However when you transition towards the 'middle' class the wealth gain is verry little compared to the effort you need to put in, because as you get more income and can start building wealth you end up gradually losing those benefits. Transitioning from the upper ends of the middle class to the high class is always a benefit because you have in most cases already lost all possible benefits you could get. This is one of the problems that the Netherlands is facing now and it is partially the cause of the workers shortages we are experiencing. Another issue we have is the housing of refugees that yield no actual invesment return, however this is kind of the obligation that a wealthy country should have to the world. Then we have our educational system which is decent when you get to the post highschool level, but in highschool and below the quality varies extremely from school to school because the regulations we have countrywide do not really (they do on paper, but in reality not that much) adress 'quality of education' and districts and provinces have a lot of independence from the country when deciding how to build their school infrastructure. The huge amount of land that the Netherlands uses to produce food is in part responsible for the lack of housing, the huge amount of nitrogen that is produced has put us at regulation limits. Since the building of houses also produces nitrogen there is little room left for us to keep building. But the Netherlands did export 104,7 Billion Euros worth of agriculture products in 2021. Still the biggest income for the Netherlands is income and salary tax. 22,48% of the total income that the Netherlands had in 2021 came from income taxes. This does not include the 12% of the countries income that we pay for Social healthcare on our income. So in essence 34,48% of the countries income comes from salary and income of the working individuals. It used to be worth it, but the prices keep going up in the netherlands and the quality of everything else is going down, despite the huge investments made in education and healthcare the quality has not gone up. In the best cases it stayed the same.
The best comment so far! To the point everything you said! I totally agree!
You just left out the massive Immigration out to let it be more likeable.... But it doesn't work like that. You can't be cherry picking with this.
I think all our taxes are still worth it in the sense of, it would be alot worse if we didnt pay this much at this time. The world economy is very broken atm. logistical, manufacturing and raw materials all have their own big problems with a big impact on the world economy including ours. I think we could be alot worse off if our economy wasn't so robust. besides that i totally agree with everything else you said!
Bro question without perfect english without a education what job you prefer to me to do to make good money ?
While I agree and understand your ideas and feelings, I'd say it is much worse in many countries including and especially my country, Turkey. We have over 200% yearly inflation, millions of refugees that work without registering and paying tax. Their health insurance is paid by Turkish taxpayers which is above 50 billion dollars as of last year. They are working cheap and without tax while Turkish youth losing jobs. On paper we have the health system for free but you'd wait months if not years for an operation as all the hospitals are overcrowded. It is same with the rents. My rent is quadrupled last year even though Istanbul is a huge construction zone. It is loud, dirty, expensive and depressing I believe the situation is somewhat similar for most of the underdeveloped or developing nations. Netherlands being more expensive is kind of a shield for this kind of problems. The Netherlands has perfect infrastructure, people living are one of the happiest in the world, education level is high, and the most importantly quality of life is probably top 5% in the whole damn world. I am not saying the Netherlands does not have problems but compared to the problems of people complaining here, you guys are living a perfect life. The life is hell for 80% of the population in the world and Netherlands citizens have much more positivies than negatives. Thanks for the write up though. We are moving to the Netherlands pretty soon and it helped me gain some more perspective.
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Awesome video There are many beautiful towns and places in the Netherlands to discover, and using the train will let you see the beautiful bulb fields. Many tourists mistakenly believe that the Netherlands is only Amsterdam.
Rich my ass, as of right now 1/3 of the Dutch households are struggling to pay their bills and its about to get much worse with the high inflation.
That is not true compared to other countries are not as bad yet and 1/3 is not true at all yes houses are expensive bc we give a lot of houses to immigrants for some reason
There own fault they spend more then they receive
We were never rich to begin with. We had a chance to become rich, in the 60ies, 70ies and it was destroyed from mid 80ies onwards. Now, most people are relatively poor; that is; their houses belong to the bank and with the millions depending on state benefits, added as soon as a crisis hits (this winter) all the non producing jobs (which is a LOT) and minimal wage jobs will result in more than half the population having no means of survival. I wouldnt call that rich. It is the globalist idea of monetary and economic measure that is completely unrealistic and dangerous, that tells us we are rich. But we arent. My grandfather at least OWNED his house. Few can say that nowadays. Meanwhile the population doubled since then, solely because of mass immigration. Its not going to end well, soon.
@@wingslider Not as bad, based on what? Dont tell me you are looking at GDP numbers!!! That doesnt mean a thing.
@@StofStuiver the Netherlands never been a super poor country
Im just entering the workforce after finishing my MBA. Even with a higher education, life is fucking hard and money is tight. We're taxed for every action except breathing, inflation is insane and wages have stagnated. My generation will never own more than a toothbrush and a pillowcase. I hate my government and if I had the money I'd move away and never look back.
Same here, not an MBA but 2 masters and I feel that I only don't get taxed for breathing (you used exactly my words), they overdo it, I'm not saying to not pay taxes but to that extent is impossible to live a normal life! I rather go somewhere with sea and nice weather at least so to be poor but with good life! Here I feel poor and not happy!
The pleb rejected the saviours of Europe, Mussolini, Mosley etc. Now the pleb has to pay. Lets all hope we will get another Mussolini or Mosley who can fix this shithole continent and world.
@Wiznsnw Qosnew from 0% taxes to 40% taxes there is a huge difference!
Thanks to Rutte. In his terms, overall taxes increased with 10%. In his coming term it will be increases with another 4% or so. A lot goes to the EU and ever increasing government. A lot of immigrants also who cost a lot. Stop pumping our gas reserves won’t help.. vote wise…
Rutte is het gezwel van Nederland, je moet haast de criminalteit in om te overleven!
goede video, zeer informatief!
As a Dutch person, I don’t know how, but I feel proud that this video exists, I told somebody I was from the Netherlands, and they legit answered “Where’s that?” Even this video I learned something new!
same ahah
Amsterdam..Weed.. They'll know 😂
@@DoctorProfessorJulius ? Where don't i come to
Must be an American…… Moest wel een Amerikaan zijn…..
You guys are about to force the shutdown of 3000 farms, I hear. This seems like an epically stupid thing to do. How does the average Dutch person feel about that policy?
The graph about re-exports represented all exports and not just the agricultural ones. In reality, not half, but one third of agricultural exports are re-exports, and about two thirds of the products are produced in the Netherlands. So we produce some more than the video mentioned. Perhaps surprisingly, the biggest type of agricultural export (based on value, not tonnes) is decorative agriculture, followed by meat and only then vegetables.
Agriculture is not just food and also is counted in value and not calories. If you truly want to know who feeds the world the amount of calories exported matters. Ukraine and Russia both export way more calories.
Other than potatoes.. I am curious about the veggies. I have never eaten proper tomato in Germany or CZ (tomatoes are fruits, but the question stays)
@@Deveonn that makes sense as potatoes and grain contain way more calories per dollar than meat or flowers (cuz u dont eat m). Also, the Netherlands are the leading exporter in tomatoes which arent really caloriebombs either. But I dont think either me or the video claimed that the Netherlands are feeding the world. We are just the worlds second largest agricultural exporter by value, which is heavily influenced by the type of products that are exported
@@carstengrooten3686 couldn’t agree more, however agriculture in value doesn’t make any sense for comparison. Even farm equipment is included the export. So yes the Netherlands has a big agriculture export but has little to less to do with size.
@@Deveonn it depends what you are interested in. If you are looking into how the exports or industry as a whole is important for a nation, looking at value makes a lot of sense. When looking at food security, tonnes and calories seem more fitting. But considering the exports of equipment, the Netherlands perhaps also play an indirect role in this although I have no idea to what extend
Wish this video would reflect some more of the reality of the current state of the country. Inflation has gone through the roof and almost 1 million citizens don't know how to cope with the high prices of gas and groceries. No gas from Russia anymore. Dutch gas mining has been reduced because of environmental reasons. Lot of political instability and an immigrant/refugees problem.
This is not about the people but about the state.
@@Redranger877 The state is the people and Netherlands is not rich anymore due to a series of governments that always aspired to be the best boy in class. "Do you have natural gas?" "Oh yes, and while we charge our citizens ridiculous prices, you, as a foreign country can have it for next to nothing." "Can you house 30 000 fugitives?" "Oh yes, and we'll provide them with free housing and free money. We'll even accept criminals and tell our people that we can't send them back to their safe country." "Did you know that people living in other countries are claiming welfare benefits from the Netherlands?" "Yes, but we're more concerned about preventing Dutch citizens with a foreign background getting what they should rightfully get. We're more interested in discriminating Dutch citizens than we are in investigating foreign scammers. "
What immigrant problems?
@@barbthegreat586 Netherlands has too many people compared to housing.
@@barbthegreat586 read the news
Actually, being from the Netherlands I have to say, at 1 in 13, the number of children growing up in poverty is alarmingly high for a rich country like the Netherlands. And due to inflation, the number of families with money problems is increasing even more. Yes there are opportunities and the government have installed multiple funds grants which citizens can use, but there is still a large amount of low class income families
Remember the netherlands before the euro and the EU ?.. we must go back to that. Since then everything has gone backwards, rich people got richer, and poor people got poorer.
@@lexburen5932ur crazy🗿, u seen what happenned to the Uk?
@@lexburen5932 it's mostly iq that has gone backwards seeing statements like this being made.
that must be easy to say when you have a comfortable income@@maxvisser9528
mate, we where rich then bcus we traded slaves@@lexburen5932
Its like in belgium, they say the people have billions as in saving. Extra money. But they forget to mention its the money of 10 familys when the rest is actually having a hard time.
Netherlands is smaller than Croatia by the landmass but it's GDP is bigger than all of Balkan countries combined. 🥰👍
In Balkan countries, wealth (or the absence of) is more evenly distributed. Also, home ownership is higher in the Balkans.
@@semaph0re: That's why the people from the Balkan countries are still coming to Austria, Germany, Netherlands and UK for better living standards,right?
@@michihofer587 Yes, people from Balkans go to the west to earn money. What is your point? Fact is; inequality in NL is high. Try to buy a house there. Context: I have a Dutch passport but living somewhere in the balkans.
@@michihofer587 the only reason the west is rich and the east is poor is because of the marshall plan no need to neg them about it.
@@Alesti5 not Marshall plan. I would say east had communism, which is destructive.
What is the reason behind putting 'Van Persie' in the thumbnail. I mean, he is my favorite Dutch football player so you got me there.
i live in the netherlands and its pretty joyful and open to new things
Thank.s great video
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You are absolutely right.
Though miss-information and lack of financial education leads to negative thinking..have an investment strategy.
Most people are so poor that all they have is money, invest some of it no matter how small, when you invest you are buying a day that you don't have to work.
@Mark Anderson crypto investment, but you will need a professional guide on that.
Facebook 👇
We are very fortunate that Netherlands is our very dearest friend of Bangladesh In Bangladesh Netherlands stands 2nd in foreign direct investment Netherlands imports from Bangladesh Netherlands and Bangladesh jointly have Dutch-Bangla Bank Since ancient time Netherlands always been a trade partner and cultural friend of Bengal Dutch Queen visits Bangladesh also
Bangladesh killed hindus
Wtf
Netherlands after US are biggest investors in the world.
Leuk om te horen maar er zijn ook een hoop problemen die ik niet hoor in de video. Een kleine groep wordt steeds rijker en steeds meer mensen maken gebruik van de voedselbank. Ook komen er te veel gelukzoekers naar ons land waardoor het hele asielzoekers beleid vastgelopen is. Ook zijn er te weinig ziekenhuisbedden als corona de kop op steekt
En nog veel meer maar dat zien mensen niet
Het is niet alleen bij Nederland dat het land problemen heeft in arme landen zeggen mensen alleen dat ze arm zijn maar ze weten de problemen niet dus
Jaja.. Corona.. ga jij maar eens 3000 ic bedden bemand houden als je maar een vraag hebt van 1000/1500 wil je dat de zorg verzekering naar 200 euro gaat?
De echte gelukszoekers zijn de expats, daar liggen veel grotere problemen dan bij de mensen die zijn gevlucht uit zware probleem- en oorlogszones.
Dat zijn problemen die mensen liever ontwijken. Mensen klagen dat Wilders heeft gewonnen, maar diezelfde mensen lieten niks van zichzelf horen toen het ene na het andere schandaal over Rutte en zijn kornuiten naar buiten kwam over de jaren. Je ziet nu ook dat de VVD spelletjes aan het spelen zijn. De gewone Nederlander wilt gewoon zijn of haar leven kunnen leven, maar dat wordt steeds lastiger gemaakt door invloeden vanuit Den Haag en buiten Nederland, zoals jij al zei Gelukszoekers die niet van plan zijn zich aan te passen, kijk maar naar Ter Apel, Een corrupte overheid, Amerikaanse denkwijze over geslacht, Corona en waarschijnlijk een nieuwe lockdown, en nog vele andere problemen.
I have one year since I moved to The Netherlands to work here and all I have to say it's that I love it from the bottom of my heart and in some time I want to make citizenship here and install here once and for all. It's amazingly structured, amazing helpful people, they are always happy, they greet you on the street, they are very open-minded, dutch people are also working-minded and what I mean by that is they are not shamed with their job, or never complain about their job, they do their job very well and like I said, I love The Netherlands from the bottom of my heart and it will stay that way until I die. Now all I have to do is to learn the language. I know a little bit of words but I'm not rushing anything, the process is what I want to enjoy the most.
why not improve your own country? perhaps you can make it even better than the Netherlands. The Netherlands is already one of the most densely populated countries in the world, life is getting more and more expensive here
You may like it but a real dutch person would call this country failing nowadays and you are part of the problem. Sorry man but the country is full and too many foreigners already
@@MA-ck4wu with the corruption that is in romania, it's almost impossible for someone like me to improve it. Even people with way more power than me tried to change it but they were not allowed, or they were taken down.
The divide between rich and poor is growing, while our middleclass is shrinking. Nothing rich here, but a few, mostly those with power.
If u cant make it in The Netherlands , u cant make it anywhere. So stop complaining
@@alexandero50000 Thats exacly what my middle class friends told me before they lost it all last couple of years. =)
@@forwow1885 mostly bc people want to sit at home and do nothing and exploit the horrible system u can be rich but the government handles stuff horrible
@@scott-sh3xh The dutch people carry the tax burdon of the uber wealthy that come to the Netherlands to pay close to 0% tax. Meanwhile the hardest working middleclass people pay around 50% taxes on just what they earn, not speaking about the huge amount of taxes upon taxes they have fabricated here. So, yes you can become rich, but it wont happen easily, they will make it hard for you so you say a debt slave, work for them rich 0% tax payers, Netherlands might aswell invented the debt trap...
@@forwow1885 tax also high because we try to help people who just want money and do nothing and u and I both know that
Bruh this man used Robbin van persie for his thumbnail 😂
The part where you explain that a lot of healthy people left the workforce made me crack up. At school, they told me about retirement age, and when I came home I began telling what I had learned that day. My two grandfathers would just stare blankly at me and tell me: Yeah, we didn't work until that age, we just went to a doctor, and we could retire early. When I asked why, they didn't know: "I don't know, everybody did it". I still think about those 2 old men all the time, their biggest problems were keeping the garden and lawn tidy and not forget to buy cigarettes.
dat was een andere tijd inderdaad, nu moet alles geoptimaliseerd worden. bijvoorbeeld Als jij door een ongeval verlamd raakt en in een rolstoel terecht komt op 50 jarige leeftijd, wordt er nog verwacht dat jij 18 jaar lang een kantoorbaan gaat doen.
Ja echt ziek vervelend en day terwijl wel rijk zijn en veel belasting betaalen
Most interesting is the very broad freedom to start and run businesses of whatever kind, without needing any diplomas, papers etc. If you want to be an entrepreneur and trade in something... you just do it. I've been an entrepreneur now for over 15 years in my country; done this, done that and up to some other things again. Love it.
I live there and it is these days a messed up place to live
We are soo poor that we can't even afford to purchase a house or pay the energy bills thanks to perfect leadership of Mark Rutte and Sigred Kaag.
We moeten gewoon een immigratie beleid invoeren en indd de prijzen omlaag gooien. Kan gewoon niey
@@halljeowldnnxn En dat gaat nooit gebeuren met dit kabinet. En deze partijen gaan er alles aan doen om aan de macht te blijven komende decennia.
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Btw, we had the first financial crash of the world. It’s called the Tulip Mania, you could buy a house for a seed of a tulip. Needless to say that this was not as trustworthy as gold. It had a huge effect on the Netherlands.
The first one in modern history that we know of. There have probably been a lot similar events before rhat
The country may be rich, but it is a hell living there.. glad I moved.
@Luuk Wuijster: You're right, glad YOU moved
As a Mexican I want to say that I love Nepal.
Hahaha 🤣
Tu nombre es muy mexicano
As a Dutchman i want to say i love Madagascar..
As an Alien I like to say I like banana
@@thierryparte2506 ..so deep..yet so true...
How come this doesn't have 17.5mio views? We dutchies love it when people talk about us.
Talk for yourself. Others aren’t so insecure as you are yourself
Thank you 😀.
The high number of unemployment had a completely different reason: The Netherlands stopped subsidizing it's industries, which led to the closing of a lot of factories, as they could not compete with low wage countries like Japan and South Korea (at the time low wage... ) Also the government spending was well balanced before 1977. The real growth of the deficit started then, at van Agt's first term. He started lending from banks and people, where up to that point, we covered all expenses with taxes. Sure, business and rich people loved having to pay less taxes, but everything still had to be paid from somewhere.
I live in a Dutch carehome understaffing is a serious problem, 3 persons in the nightshift take care of 6 floors. Netherlands have high tech industry, one company designs and sells computer chip manufacturing systems. It has Intel, Samsung, TSMC, SMIC, Micron and Globalfoundries as customer.
@@obimk1104 Yes, the name of that company is ASML It was founded by Philips and ASM but Philips pulled out of the company a while back (big mistake). Literally now one of the most important companies in the entire WORLD a lot of people don't know about neither in the abroad nor domestically.
@@edouhoekie Former ASML, I know about history. Philips pulled "out" because some customers weren't glad with Philips name on chip machines. But ASML has still ties with Philips (ASML employees have the same benefits as Philips employees). I also worked for 6 months on the Philips terrain where ASML was founded.
The high rate of unemployment and benefits, totaling more than 1,000,000 (1 million), is mainly due to the incoming and non-working asylum seekers. CBS: 149,000 asylum seekers entered the Netherlands in the first half of 2022. While in the same period 72,000 Dutch people left the country for good.
Neoliberalism in a nutshell. This was not unique to the Netherlands either. In the end, government only grew and real production stagnated.
have not seen the video yet but simply i think its the same as Switzerland, valuable companies plus strong economic freedom gives them a global competitive edge.
@G MG the Dutch tax system is way more complicated then that.
@G MG you’re forgetting about “toeslagen” and “arbeidskorting”. However I’m fortunate enough to make much more and pay less taxes.
@G MG my accountant tells me otherwise..
@G MG Whatever makes you sleep at night..
@G MG there is a fine balance, most people get more from the Belastingdienst then that they contribute.
sorry i love hearing like non dutch speaking people speaking dutch names and items it is so much fun anyways great video!
I am dutch to: or in English: Hello, I am Dutch and am writing this response. Greats from the netherlands
We are rich but living in the Netherlands is getting too expensive. Groceries are 12% more expensive compared to last year. And the winter has yet to come.
"Winter Is Coming" my friend 😅
@@thealmightyz73 😂😂 Game of Thrones
@@Sumofallfears 😜
The gasfield is in Slochteren, in the northern province of Groningen. Not in the North Sea. There are some more tiny gas pockets in the Wadden Sea, but they're currently not being exploited due to the fragile ecology.
Norhing is correct and all WEF bias !! Corruption is high aswell in this vid
Thats nonsense.
that is it , and now we are robbed by this kind of people and every corrupt gouverment,,, nothing to see here
Slochteren isn't a gas field you dolt. It's an old field currently used for storage only.
@@etiennestevens668 "WEF biias" Oh please, you wouldn't know what power the WEF actually has, and yet you believe Baudet. Moron. 10 seconds of Googling makes you look 60% smarter online.
Before voc times, dutch already cornered international Haring trade for more than 100 years which enabled them to explore to for example the far east. Also the timber and fur trade with scandinavia was largely profitable for the dutch using their fluitschepen.
And the grain trade in the Baltic sea, which dwarfed anything the VOC or WIC did. Which is why multiple wars were fought to keep the Øresund open in the 15th, 16th and 17th century.
We are the seccond largest exporter because we are also one of the highest importers. The import and export are almost the same. As a trade nation we have gained a very good trade position with one of the largest harbors in the world and a very good connection with the rest of europe. Terefor many import products go via Rotterdam. That's why cacao butter is in the top 10 agricultural export products. I think I do not need to explain that we can not commercially* grow cacao trees here.😂 *There are some in greenhouses for instance in some zoos like Burgers Zoo.🌴
Developing a high turnover does not mean a high profit. The net disposable income of the Netherlands within Europe was still in 5th place in 2017, in 2021 it has dropped to 14th place.
And that's what I mean that year by year it gets worse! 2017 was great until 2019 actually, after that gets rapidly worse!
@@ninailia8552 im glad for me it gets better and better. 2015 i was poor as crazy. Bought a house back then no money to make the house nice or buy nice stuff. Now i have all the nice stuff.
@@HermanWillems yeah when you buy a house after a couple of years is going better. You are lucky on that aspect, but I don't see me being able to buy a house here.
@@ninailia8552 nope. True. Kinda because of the many people comming in to the netherlands. We are full
@@halljeowldnnxn I'm not Dutch either, I came here 7 years ago for studies and now I have my own business, but I check sometimes in the job market and I see that for international positions the competition is huge. To me the problem I think is that there are many people who, because cannot get a high salary, can have all the social benefits (social housing, subsidies etc.) I see, for example, many people from Turkey or Marokko who have like 4-5 children each, live in a social house and only the man of the house works. Considering that the rest of us who make a better profit pay for closing the gap of those people, it feels like it doesn't even worth to make above 25k. I think the situation is getting worse with the inflatie as well. With covid too, now with the war in Ukraine and the high gas prices...is a combination of all...
Only to think that in a time where more food is needed then ever before. They have decided, in the netherlands, that 50% of the agricultural companies have to disappear.
Yeah, you never read the actual articles didn't you? It's the livestock market that needs to shrink since there's no room for millions of cattle that'll largely end up being exported. Those farmers will eventually thin out and hopefully convert to crops.
@@Snaakie83 Yeah thats what thet say in the articles but as someone who lives near farms in the netherlands I can tell you thats not true. The main focus might be livestock but also lots of crop farmers are being bought out. The articles in most newspapers are not always completely true, from both sides i have to admit. But to say that only the livestock is being bought out is just not true.
@@wouterdekroon8539 again, false and incomplete information. The buyout scheme hasn't been installed yet, so no farmers are being bought out. It will start 2023. The 'nitrogen regulation' is solely/primarily targeted towards the livestock farmers since they account for over 40% of all output in the Netherlands. Within this group the main targets are those who have a farm near a 'Natura2000' area, especially the cattle- or pigfarms. There's an option for buyout but the focus is on refocus towards field cultivation. The remaining 'crop farmers' are urged to move towards more environmental agriculture, of course heavily subsidized. All farmers know this, and have known for decades. It's the agricultural corporations (animal food producers) that are in danger of making less profit and that's why the farmers have been mobilized to riot.
@@Snaakie83 lots of farmers have already been called for individual meeting regarding selling their companies. Although the official buyout might start in 2023, some companies have already been invited for individual talks regarding the price they should sell. So the one giving incomplete information right now might be you. Or governments and municipalities are acting on their own in the south. The fact about the natura200 areas is true but its quiet a lot to explain and therefore I left it out. However you took my comment completely out of context while i just said that there are also farms only focussed on vegetables and crops that are being targetted. I did not say that it was just as many as livestock, because it is way less but still it is happening.
Bro it's the livestock, especially the cows. Vegetables export doesn't change a thing!! Omg how can people be this stupid lol.
The agricultural equivalent of Rotterdam is Aalsmeer. The town of Aalsmeer, not far from Schiphol airport, hosts a flower auction on which flowers from all around the world are traded, flown in and exported again. Thanks to the value of the flowers, they are a huge contributor to Dutch agricultural (re-)exports.
I visited that place a few weeks ago (Royal FloraHolland). It's an insanely big & maze-like complex to drive around. Pretty impressive.
I like it how I see litterly every photo of my history book in this vid. I learned more in this video then in my whole dutch school carreer.
Dutch middle class profits very little from their economy. Taxes and cost of living are exceptionally high. One of the reasons I left.
Where u went? I want to move to. This country is a sinking ship.
He went back to Perú 🤣😂🤣😂🤣 Economy there is booming under castillo government 🤣😂🤣😂🤣😂
@@tesoulx 😱
En waar woon je nu dan?
@@user-wb6bw1dc9n What kind of shitty mentality is that? This is one of the reasons Western countries are struggling so much. Because every dirt-poor person on the planet wants to come here to benefit from the countries we built. Every time life gets a little hard and you struggle, people like you would just leave and benefit from what others made. Like a parasite. How about you stay and try to fix the problems instead?
O and can you imagine that the Dutch inhabitants paid too many taxes for their savings. The judge said the inhabitants were right. But only the people who actually wrote a letter of complaint to the tax company got money back. So Dutch government steals from their inhabitants so their wealth became immensely high. So for your understanding they didn't compensate the people who didn't write a letter of complaint. So you believe the government and therefore you're being punishment.
government is the biggest thieve and no one sees it
i love how you used Robin van Persie on the tumbnail lol
You should have mentioned Indonesia, where most of the profit came from between 1600 / 1957 as a Dutch colony. But overall, good video ✅
Meanwhile in the Netherlands our government is pushing hard to destroy farming/agriculture with a new nitrogen policy which will cause ALOT of farmers to go bankrupt.
It was the way the do it, oh yeah you have to sell 50% of your business to cut off the emissions without giving the time to the farmers to react, that was the worse part! Yes, the nitrogen emissions have to drop indeed, but find a better policy and way to do it step by step!
Funny aint it.. same with Netherlands always been great in cannabis... Thanks to the goverment they are now at the back of the line.. Everything plants must die so they can create more concrete to put people in who they can feed the pharmaceuticals that noone wants..
@@ninailia8552 They knew it was coming, it was just postponed for so long and now the farmers feel the consequences. Can't have any sympathy for those mega cattle farms who got millions in subsidies
They dont go bankrupt, they get a shitload of money from the government to start a new business
So sad.. There is no logical reason to get rid of food ...
Highest tax on energy in all of Europe. You also forgot the wood trade with northern countries in the past.
What about the financial incentives from the African slave trade and colinization between 15th-19th century.
@@Di13THthat actually failed and never made any money that why they started trading as that made way better profits, for massive slavery check UK, Spain, France and Africa and Middle-East.
I'm so proud of my country🍀
They have a very impressive history of highly entrepreneurial and shrewd military and naval legacy.
😂😂😂😂
@@Genco824 you don't read history?
Thanks to Robin van Persie.
Yes ..
They are rich because the people who lived there pay way to much for food taxes gas water power insurance and cars. the tax is so high that (for the americans) a ford mustang costs over $100,000. so you know. the netherlands is way too expensive
There is a difference in "koopkracht", we also have a social secure country (which requires higher taxes). For the Mustang, it's only so expensive because those cars need to be imported?
@@defilmvanomewillem1890 alsnog is alles duur. Een nieuwe auto uit duitsland is nog steeds duurder dan in belgie of duitsland zelf. Niet alleen door import maar door btw en bpm. Daarom woon ik in belgie en nietmeer in Nederland
LOTS OF LOVE FROM LEH LADAKH ❤❤❤
I am dutch myself and I am very proud too of our economy. its lovely here and i recommend you all a visit sometimes. it is wonderfull😁
Eens
Also the netherlands has the highest difference of rich/poor 1/3 is own by the 10%
That's no surprise considering they had four iterations of Rutte in office
Nope it doesn't.
Yeah, I understand you're fully educated on KZhead university...but that statement is absolute bullshit. It's our housing and taxing system that creates a huge wealthgap in comparison to most other developed countries. Even though there's immense differences, we're by far not the country with the biggest inequality.
This is wrong. We have actually a good distribution of income. We have a small difference between rich and poor.
@@HermanWillems You are stuck in the 80ies m8. Millions of people in NL that are at or below the poverty line. Many more just at minimum wage or slightly above it. They can hardly afford anything. If anything goes wrong, and it most likely will this winter, half the population will be in BIG trouble.
The country itself is rich, the citizens are getting poorer and poorer. We have a shitty government that really couldn't care less about the Dutch citizens.
I second that
Thats only what the few poor say. They are with a small loud group we call them wappies.
@@HermanWillems the people who used to be in the lower class still get their advantages, the middle class is being fucked right now. Those who could afford basic expenses aren't able to anymore because of rising costs. You are probably one of those rich VVD voters who like to see the privatisation of the Netherlands. Not everyone is a wappie because you don't agree with them
Not just our government. This is something that is being rolled out in most parts of the world. Globalist agenda (WEF). Our politicians are all traitors. But they will fail.
No government in the world cares about its citizens. Governments are institutions, not people.
The Netherlands is more expensive than it is rich, both partners need a full time job to pay out their living costs, not much is left to actually save. Great country
Being Dutch, I can confirm that you are correct.
Fun fact, around the 1800’s there was about 1% of the trees left in the Netherlands, and these days our green parties are complaining when you say boo against a tree.
The netherlands is rich because there’s a lot of tax on everything. 37% of your salary 9% on food an clothes You pay tax when you drive a car Tax on everything
Then you're not a high income earner. My top income bracket is 49.5% this year. Plus I pay 21% VAT on most products other than essentials with my already taxed money. We have high salaries in the netherlands but taxes is just too high in my opinion... I know a lot of people who use the system and stay home while they get unemployment benefits. I hope they would do something about that and lower taxes to promote hard work instead of lazy work. Netherlands is famous for our giant "part time" labour force since it's encouraged by the government to not work in the top income bracket. My 2 cents as a national living and working in the netherlands
Niet 37%. Het ligt eraan hoeveel je verdient... (Max 51% dacht ik(niet zeker)
Mm so Belgium is wealthier?: 🤣 Till 50% taxes on salary 21% on food & clothes Environment taxes for cars Road taxes for cars And (!) biggest government of the world, compared to country surface & quantity of people living in the country. 😉 And what a lot people don't realize in Europe, is that despite they have to pay a lot of taxes, live is in generally much better than a lot of other countries in the world.
It was actually the Groningen (onshore) gas field, the 4th largest in the world. Otherwise nice video.
And there is STILL a lot of gas in there!
Check your facts mate! It's is NOT the 4rth largest in the world....
Single reservoir, not multiple stacked horizons, ouwe betweter
Thank you so much this video,May be peaceful all the Netherland people ,animals and birds from Myanmar.😅
It's a innovative country....verry Smart poeple❤️
Remember guys , Holland is the best nation to play tall.
Big*
@@MrGestell it's a joke because the Netherlands is also known to have the tallest people!
@@mathijs8537 ahhh
Especially if you pick economic, quantity and trade ideas!
@@Weedsethesecond chads go espionage + naval
How come that the Netherlands is so rich and that I live there and that I have always at the end of my money a part of the month remaining?
That's an easy question, you spend more than you recieve.
@@Taeriqify Netherlands salaries is the worst in western europe. Theyre very stingy when it gets to that. Many ppl wil university degrees make 2500 or less.
@@BanlieueBaby Let me guess, you're Dutch? Ask someone from Belgium and they will probably tell me that, not the Netherlands, but their country has the worst salaries in Europe.
@@Taeriqify Wdym? Belgium has much higher salaries than NL
Spending your money at the wrong things.
Thanks for promoting our country for refugees
Did you do the inflation correction for 2023?
Great video and impressed with the pronouncing of Wageningen!
Why are people taking here about investments its about a country not investments
Bots trying to trap people with fake threads
@@rutgerb Gotta be like that
Yep just chat bots running the same tired script.
@Tony tony baloney
I mean we earn quite a bit just working part time. What we get is almost what most other countries barely get from full time work. Good stuff!
As a dutch person: we were rich indeed. But not anymore... Our "leaders" work really hard to destroy everything we build. Its just a matter of time before everything collapse. 2030, here we come.
The Netherlands as a country may be rich, but the people living in it aren't! So many people have a hard time paying their bills and getting food on the table for their family. And all the prices keep going up and up. Paying so many taxes which makes the people poor but the government (the Netherlands) rich..
Dat is overal tegewoordig poepkop
@@phoenix-marie47houd je bek toch dicht jij rare. Ga andere scheldwoorden leren ipv “poepkop”
@@phoenix-marie47 ahaha
Vote left, not alwaysfor those neoliberale right wingparties. Wealth will be spread more evenly then .
@sunnypedaal HA! So they taking in more and more immigrants and goldseeking "refugees" that we are paying for in higher taxes
This video needs clearly a big update 🤣🤣
Only a few are rich , the rest has to work hard to survive .
Being someone from the netherlands im proud
The Netherlands is going down,abnormal house prices abnormal energie prices abnormal gas prices abnormal food prices. Asylum seekers are helped better financially support and getting helped with getting an house. This al can be reduced by adjusting the tax fee.
I strongly agree with you mate. Investment is the key to sustaining our financial longevity, and not just any investment but an investment with guaranteed return.
To earn more you are required to have a multiple diversified stream of income, which is why investment is an avenue of making more money once it's profitable.
Crypto currency is one strong means people are raising their financialstatus now, so when you think investment I recommend you make it an option
It's more wise and save that those intending to start crypto journey learn the trade withprofessionals who understand the market quite well, with that maximum profit is assured.
It's professionally recommended to trade your coins with experience brokers, who can help grow your coins while assisting you learning the trade
into the financial mainstream. Crypto currency gradually being entrenched
Im dutch my self this video is very interestiny
Cool
haha is that Johan van Persie in the thumbnail? (that's why I clicked on it)
Robin bedoel je zeker!
@@balloe3466 oke ik ga me diep schamen en me afvragen of ik een zonnesteek heb, hahaha ja idd Robin
Nee, is Memphis Neeskens
Ironisch genoeg waren het de Amerikanen die de Nederlanders leerden boeren. Na de tweede wereldoorlog werd met hulp van het Marshallplan de agrarische sector hersteld. De Amerikanen wilden hun geld natuurlijk zo efficiënt mogelijk investeren, en gaven daarom les over grootschalige veehouderij en landbouw. De Nederlanders werden verplicht de Amerikaanse methoden over te nemen om in aanmerking te komen voor die Marshallhulp. Bron: Andere Tijden
das onzin. De VS doet niets zonder zelfbelang. Fek, GB was rijk voor WO2 and al die centjes gingen naar de VS. GB was bankroet na wo2. De VS geeft geen hulp. Nu niet, dan niet en nooit niet. Het was ook de VS dat de opstanden tegen de koloniën catalyseerde, om ze vervolgens over the nemen op een voor die mensen minder gunstige wijze. Ooit gehoord van petro dollar ook? En onze boeren waren al heel goed hoor. Daarom ook deden ze het zo goed in Zuid Afrika en Rhodesie. DOH Amerikanen hebben nog nooit iets goeds bijgedragen aan de wereld. Alleen maar ellende gebracht overal.
Informational video, but he forgot Bassie en Adriaan. 🇳🇱
Nederland is rijk omdat Nederlanders een goede mentaliteit hebben. Hard en efficiënt werken, nadenken over je toekomst en hoe je dat gaat bereiken, nadenken hoe je allerlei zaken aan gaat pakken enzovoorts. Als je een volk bent dat met de dag leeft of doet alles op een relaxte manier zaken aanpakt met "we zien wel hoe het eindigt" dan bereik je ook niet veel. En natuurlijk is het niet perfect maar heel veel Nederlanders kunnen nog steeds 2 keer per jaar op vakantie, hebben een prima woning met leuke meubeltjes, 1 of 2 auto's voor de deur en noem het maar op.
I used to study in rotterdam 40 years ago me from thailand.
"Me from Thailand" how is yr english this broken but u studied in rotterdam lol
Me from from Joupeetair
Taxhaven not so much, maybe for foreign capital, but definetly not for its citizens. 50% income tax if you make more than 68k per year, I think that is absolutely ridiculous. Also 25% coorperate taxes, one of the highest in Europe.
Jep from outside it is good.
tax haven means for the big corporations who dont pay taxes at all
That is generaly what is implied when refering to a 'tax haven', an interesting place for huge companies and conglomerations to place their main office to evade paying taxes. The Netherlands is definitely a big one in Europe, as are Ireland & England.
You have to go back a lot further than the 1600s, 1500s, and independence from Spanish rule to understand the fierce Dutch spirit. For 2000 years they were an independent sea-faring region, bargaining with the ocean, taming it by water control techniques etc. Even when Pliny the Naturalist visited, he considered their existence "wretched". But they weren't bothered. The Romans ignored conquest of the area in history for 1000 years because of their impossible geographic location by the sea. It was mostly lowlands and sea islands that would flood periodically, even daily with the tides. This isolation formed a barrier. So the Dutch NEVER had to succumb for long to occupation, oppression or subjugation and were used to fierce defiance, be it with Romans, Franks or the Habsburg, and stayed very capable for those reasons. They rarely had to rebuild from a conquest. And they got rich 1500 years ago, trading marl and fish with the British Isles and northern Germanic lands. They partook less in the constant wars in Europe, and more in trade abroad, capitalizing on shipbuilding knowledge and being at the estuary of 3 large European rivers. So modern (1500s) Dutch welcomed immigrants as long as you didn't cause trouble and wanted to make money. So oppressed Jews were accepted and flocked there. They're the first official country that allowed a religion besides the subjugation - styled Catholicism.
we have to in NL , we have the most complex tax system, and the highest tax pressure
I can't imagine that this country is in that rank of food exporters! ! ! ! ! ! (Although I've lived here and feel myself proud of it!)
Wees niet trots. Rutte promoot onze export van voedsel enorm, maar ondertussen gooit Rutte de middelvinger naar de boeren toe.
@@Jerry.V als het aan mark kutte licht verknalt hij de hele voedsel export. Die tyraan moet zijn macht kwijt
flowers are a big part of it, else Germany would be
@@Jerry.V precies mijn vader is boer en is bang dat ie weg moet
@@tristangames182 Veruit het grootste gedeelte van de Nederlanders staat achter jullie boeren. Vergeet dat nooit. De meesten van ons worden zelf net zo hard genaaid door deze regering. We zitten allemaal in dezelfde boot, terwijl Rutte iedere week een nieuw gat veroorzaakt.
Why did I not feel rich? Nor does my bank statement inform me so....
It is true the Netherlands is a wealthy and financially stable country, as well as relatively peaceful, and I am grateful being a Dutch civilian. Yet there are some setbacks. For instance the dense population, which causes a serious shortage of housing and high rent prices. There are quite a lot of homeless people in the Netherlands, that are not psychiatric patients or drug patients but normal working class people who simply can't find a house and are driven into poverty and sometimes suicide. The very intense agricultural production does also pose long-term environmental challenges (like eutrophication of eco-systems). Moreover, the Dutch are famous for their extreme bureaucracy, which can get average citizens into serious trouble. De 'toeslagenaffaire' is famous for this. And Dutch society as a whole is getting less liberal. Citizens seem to be getting more harsh and less tolerant towards one another.