LOW RISK for enterprise
Economic risk
Business environment risk
Political risk
Commercial risk
Financing risk
Economic risk
Business environment risk
Political risk
Commercial risk
Financing risk
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GDP | USD826,2bn (World ranking 18, World Bank 2017) |
Population | 17,13mn (World ranking 65, World Bank 2017) |
Form of state | Constitutional Monarchy |
Head of government | Mark RUTTE (PM) |
Next elections | May-2021 |
(% of total)
Exports | Rank | Imports |
---|---|---|
Germany
21%
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1 |
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Belgium
12%
![]() |
2 |
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United Kingdom
11%
![]() |
3 |
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France
7%
![]() |
4 |
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Italy
5%
![]() |
5 |
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(% of total)
Exports | Rank | Imports |
---|---|---|
Refined Petroleum Products
9%
|
1 |
7%
Refined Petroleum Products
|
Computer Equipment
6%
|
2 |
6%
Computer Equipment
|
Pharmaceuticals
5%
|
3 |
5%
Crude Oil
|
Telecommunications Equipment
4%
|
4 |
5%
Telecommunications Equipment
|
Plastic Articles
4%
|
5 |
4%
Pharmaceuticals
|
Low
Medium
Sensitive
High
Payments
Court proceedings
Insolvency proceedings
Payments
Court proceedings
Insolvency proceedings
In practice, although the courts are reliable, negotiating payment instalments is often the most efficient way to avoid unnecessary costs and a specialized collection agency may often suffice to obtain payment.
When the debtor has become insolvent, debt renegotiation mechanisms are available but remain inefficient and unused, while most bankruptcies are terminated without any payments of dividends to unsecured creditors.
Euler Hermes
Economic Research Team
research@eulerhermes.com
Georges Dib
Economist for Latin America, Spain and Portugal
georges.dib@eulerhermes.com