Multinationals account for 30 percent of economy

© Hollandse Hoogte / Berlinda van Dam
In 2016, multinational enterprises generated 30 percent of the 635 billion euros in value added. A major part is attributable to foreign multinationals (113 billion euros; 18 percent) and a smaller part to Dutch multinationals (78 billion euros; 12 percent). This is reported by Statistics Netherlands (CBS) on the basis of supplementary statistical research into multinationals and non-multinationals which was funded by the Ministry of Economic Affairs and Climate.

The share of multinationals in the Dutch labour costs was approximately equal to the share in the value added. The share was larger in total economic output (39 percent) and in total profit (32 percent). This economic performance was achieved with relatively low employment (22 percent in the total of 7 million FTEs).

In 2016, there were 23,700 multinational enterprises in the Netherlands, of which 10,300 were Dutch and 13,400 were foreign. This is 1.4 percent in the total of 1.75 million enterprises, ranging from single proprietorships to global conglomerates. A multinational is an enterprise with ultimate control over businesses in two or more countries. A Dutch multinational is a company under Dutch control with subsidiaries abroad. A foreign multinational is a company under foreign ultimate control.