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The country has a world-class high-tech ecosystem, but growth is constrained by domestic factors and a fragmenting global economy
The Netherlands has built one of Europe’s strongest high technology ecosystems, and is home to leading companies in semiconductors, photonics, digital technologies, life sciences and other advanced industries.
The prominence of high-tech sectors translates into an outsized share of exports relative to the economy’s size. Dutch exports also contribute more value added to other countries’ exports than the European average. The sector accounts for about 11 percent of value added and 6 percent of employment, an expansion of about 2 and 1 percentage points, respectively, over the past decade.
