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April 18, 2016

The Netherlands Economy: Vice crime pumps over €2.5 billion into Netherlands economy - by Janene Pieters

Criminal activities involving drugs, illegal prostitution, illegal gambling and similar crimes contribute about 2.7 billion euros to the Netherlands’ economy a year. That means that criminal activities account for about 0.4 percent of the Dutch economy, according to an estimate by Statistics Netherlands at the request of broadcaster RTL.

The estimated value of the criminal economy was 2.6 billion in 2010, which means that the growth does not seem to be very strong. Though Statistic Netherlands emphasizes that it should be noted that it is very difficult to make a reliable estimate.

According to Statistics Netherlands’ estimates, the added value of drugs and illegal prostitution increased somewhat, while money earned by illegal downloads providers decreased. Previous calculations showed that drug production and -trade accounts for 55 percent of the criminal economy, followed by prostitution with 21 percent. Illegal downloads and illegal gambling accounts for about 9 percent.
Read more: Vice crime pumps over €2.5 billion into Netherlands economy - NL Times