Quick overview statistics for Holland

Jurriaan Bendien bendien at tomaatnet.nl
Sat Nov 8 20:29:26 MST 2003


1. More managers

While the employed labour force grew in the last nine years by 20% in the
Netherlands, Dutch CBS statistics show the number of operatives classified
as managers increased by 75% during the same time to 177,000 managers in
total, or an average of one manager per 40 workers approximately (including
a lot in the public or semi-private sector).

2. Negative real growth

Even so, despite the additional management activities, labour productivity
grew only at about 0.2% in the last two years, reflecting slower growth of
value-added and slower growth of total labour hours worked. Real GDP growth
in the first quarter of 2001 was -0.2% in 2001 and -1.2% in 2002. Tortal
consumer expenditure is declining, investment in fixed assets is negative,
and the inflation rate is 2.0% or 2.1%. The current account balance is about
+US$0.64 billion (compared with -US$138 billion for the USA).

3. Falling profits

Profits fell recently. Total profit volume realised by stockholders in
publicly listed companies in the Netherlands declined by 9.7 billion euro
between 2001 and 2002, where financial institutions accounted for an income
loss of 3.9 million euro and non-financial companies accounted for 6.7
million euro lost income. The overall average pre-tax rate of profit on
assets is now about 15%, but last year, one could still earn an average of
20.7% pre-tax profit on financial stocks. Industrial pre-tax profitability
on assets dipped to 7.1%. In machinery manufacturing, electronics
manufacturing, commercial trade, transport/distribution, and many services,
average profitability is negative and great losses are being sustained. The
corporate tax rate averages about 35%, similar to the USA, so the after-tax
average profitability rate on assets is just under 10%.

4. Growing crime rate

Current official unemployment is at about 414,000 (5.4%) in total, an
increase of 89,000 over last year, when the unemployment rate was 4.3%.
Crime victim reports are up from 25% of the over-15 years old population in
2001, to over 27% in 2002.

5. Health

One-third of the workers report excessive workstress, lack of autonomy or
promotion prospects in their work, and low pay, but over four-fifths are
nevertheless satisfied with the atmosphere in the workplace, so around 1 in
5 workers feels totally disaffected by their situation. During the last
year, one in eight workers reported less than full health, a tenth reported
being depressed, one in eight reported anxiety, and nearly three-quarters
reported health malaise complaints in the previous 14 days. Just over a
quarter of the total population report that their general health is
excellent, and a little over half report their health is generally good,
leaving about a fifth reporting bad health. As workers have more cars now,
the average distance between home and work is also increasing, as is the
duration of travel to and from work, but carpooling is also increasing.
Some 1.3 million adults or one in seven of the adult population are enrolled
for educational courses, and over half of those courses are six months or
longer.

6. Population and labour force
The Netherlands has a population of 16.2 million people, living in 6.9
million households or an average of 2.3 persons per household, of which 7.2
million people have a job for more than twelve hours per week, a net
reduction of 19,000 jobs from the same time last year.  Two out of three
working-age people are working, but among women the participation rate is
around a third lower than men, and the incidence of parttime and casual
employment among women is very high. About one in three Dutch workers works
parttime, as against one in eight in the USA, and of Dutch parttimers about
three quarters are women. Parttimers average earnings about three-quarters
of the normal wage if they are men, and about two-thirds if they are women,
and the bulk are amployed in semi-skilled or unskilled jobs. Temporary
employees are about 14% of total employees. 1.9 million Dutch workers, or
about one in four workers are unionised, a slight increase is noticeable in
the last few years, but less than a third of unionised workers are women,
and youths are not joining much at all.

7. Wages

The overall average pre-tax wage now averages about 26,000 euro (US$30,000)
and total personal pre-tax income averages about 25,000 euro (US$28,800),
but men earn an average of about 30,000 euro (US$34,500) total pre-tax
income, and women have an average total pre-tax income of about 17,000 euro
(US$19,600). A couple with one child has a average disposable after-tax
income of 30,700 euro (US$35,400), and a couple without a child has an
average disposable after-tax income of 28,000 euro (US$32,200). The average
disposable after-tax income for a one-person household is 14,800 euro
(US$17,000) and for the average worker perhaps 17,000 euro (US$19,600). The
2002 Gini coefficient for Holland is 32.6 compared with 40.8 for the USA.
The Gini coefficient is a number between 0 and 100, where 0 means perfect
equality (everyone has the same income) and 100 means perfect inequality
(one person has all the income, everyone else earns nothing). 8. Household
consumption structure

Of the average total household budget, an average of 17% is spent on food, a
third on housing, a third on education, transport and leisure, 7% on
clothing and shoes, and 6% on personal hygiene and health care.

9. Taxation

The top personal income tax rate in the Netherlands is around 52%, and the
top corporate tax rate is about 35%. The average production worker pays
about 36% tax on gross income, if he is single, and about 31% if he is part
of a couple with two children (for the USA, those figures are about 25% and
20%). Taxation represents about 41% of GDP (as compared with 30% for the
USA).

10. Assets

In 2000, half of all Dutch households owned net assets worth 25,000 euro
(about US$29,000) or less, but the arithmetic average value of net assets
per household was in fact 108,000 euro (about US$124,000), the total
declared net household asset wealth being about 740 billion euro (about
US$850 billion) for the Dutch population as a whole, or an average net asset
ownership per capita of about 45,000 euro (about US$52,000)

Jurriaan

























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