Netherlands second most economically stable country worldwide: KPMG

The Netherlands is one of the most economically stable countries in the world, according to a report published by consulting and accounting firm KPMG on Friday. KPMG ranks Netherlands in second place, after Switzerland in first place and before Luxembourg in third. Hong Kong and Norway make up the top five, ANP reports.

According to KPMG those are the five countries that are macro-economically the most stable - they have a good infrastructure and a highly educated population. They are above average on involvement in the world economy and have very strong public institutions.

"This is reflected in clear and quality regulations, clear policy, judicial independence and a government that operates effectiveley. All these aspects provide a solid foundation which stands in general for future economic growth an prosperity."

Countries were arranged based on their potential for sustainable growth and the way they use it. The Netherlands performed particularly well in actively stimulating international trade and on its strong infrastructure.