Italy Italy vs Netherlands Netherlands development indicators, 2024

Indicator
Italy
Italy, Value
Netherlands
Netherlands, Value
Italy
Italy, Rank
Netherlands
Netherlands, Rank
Italy Italy as % of
Netherlands Netherlands
Current account balance (% of GDP) 1.13 9.92 45 10 11.4 %
Exports of goods and services (% of GDP) 32.7 84.1 77 11 38.9 %
Foreign direct investment, net inflows (% of GDP) 0.918 -1.1 74 101
GDP per capita (current US$) 40,226 68,219 28 12 59 %
GDP per capita, PPP (current international US$) 60,847 84,218 30 11 72.2 %
Imports of goods and services (% of GDP) 30.4 72 96 20 42.3 %
Inflation, consumer prices (annual %) 0.982 3.35 141 65 29.3 %
Net migration 95,246 121,628 19 17 78.3 %
Population, total 58,986,023 17,994,237 25 71 328 %

Demography and Health

Italy has a crude birth rate of 6.4 per 1,000 people, significantly lower than the Netherlands' 9.2, placing Italy at 81st rank compared to the Netherlands at 36th. The death rate in Italy is 11.2 per 1,000 people, higher than the Netherlands' 9.5, ranking Italy 38th and the Netherlands 62nd. Life expectancy at birth is higher in Italy at 83.7 years, placing it 2nd globally, while the Netherlands has a life expectancy of 81.9 years, ranking 25th. The under-5 mortality rate shows Italy performing better at 2.8 per 1,000 live births against the Netherlands’ 4.0, with ranks of 62 and 22, respectively. In terms of health expenditures, Italy spends $3,708 per capita (PPP), while the Netherlands spends $5,193, ranking Italy 28th and the Netherlands 17th. The suicide mortality rate is lower in Italy at 7 per 100,000 population versus 11.5 for the Netherlands, ranking Italy 24th and the Netherlands 16th.

Economy

Italy’s GDP per capita stands at $40,226, which is notably lower than the Netherlands’ $68,219, ranking Italy 42nd and the Netherlands 12th. The purchasing power parity (PPP) GDP per capita reveals a similar trend, with Italy at $60,847 and the Netherlands at $84,218, with ranks of 39 and 9, respectively. Italy's inflation rate is lower at 1%, compared to the Netherlands at 3.3%, with ranks of 107 and 64. R&D expenditure as a percentage of GDP in Italy is at 1.4%, while the Netherlands invests 2.3%, ranking Italy 35th and the Netherlands 14th. The unemployment rate is higher in Italy at 7.6% compared to 3.5% in the Netherlands, with ranks of 11 and 69.

Trade and Investment

Italy's exports of goods and services contribute 32.7% to its GDP, but the Netherlands excels with 84.1%, ranking Italy 106th and the Netherlands 31st. Imports also reflect a similar trend, with Italy at 30.4% of GDP and the Netherlands at 72%, ranking 107th and 43rd. The foreign direct investment (FDI) net inflows show a negative trend in the Netherlands at -1.1%, while Italy has a modest positive net inflow of 0.9%, with ranks of 86 and 94. Furthermore, the current account balance is favorable for the Netherlands at 9.9% compared to Italy’s 1.1%, ranking them 7th and 43rd, respectively. High-tech exports are worth $52.2 billion from Italy and $111 billion from the Netherlands, ranking 15th and 5th.

Governance and Institutions

In terms of governance, Italy’s performance is less favorable compared to the Netherlands. Control of corruption ranks at 0.6 for Italy and 1.9 for the Netherlands, with ranks of 53 and 14, respectively. Government effectiveness shows Italy at 0.6 and the Netherlands at 1.6, with ranks of 58 and 11. The rule of law places Italy at a lower tier with a score of 0.4 versus the Netherlands’ 1.6, ranking 69th and 17th. Political stability is slightly better for the Netherlands at 0.7 against Italy's 0.6, ranking 44th and 53rd.

Infrastructure and Technology

Italy's logistics performance index is rated at 3.8, lower than the Netherlands' 4.2, putting Italy at 8th and the Netherlands at 2nd place globally. Internet usage stands robustly at 87% for Italy, while the Netherlands achieves a higher percentage at 97%, ranking them 61st and 9th, respectively. Patent applications show Italy leading with 10,281 applications against the Netherlands’ 2,080, ranking 3rd for Italy and 5th for the Netherlands. Infrastructure quality and technological integration is markedly stronger in the Netherlands.

Environment and Sustainability

From an environmental perspective, Italy shows a higher level of water stress at 29.6%, compared to the Netherlands at 16.1%, ranking Italy 8th and the Netherlands 14th. Renewable energy consumption is higher in Italy at 17.5% against the Netherlands’ 12.2%, with ranks of 18 and 25. Greenhouse gas emissions per capita indicate that Italy emits 6.3 t CO2e compared to the Netherlands at 8.4 t CO2e, with ranks of 62 and 30, respectively. Prevalence of undernourishment is equal at 2.5% for both countries, ranking 3rd for both, indicating similar standards in food security.