Resilience: systems
- Dutch energy supply is becoming increasingly dependent on imports, even though the share of renewable energy in energy consumption shows an upward trend.
- Banks, water supply, and healthcare have essential societal functions and are under pressure. The Netherlands ranks 18th in the EU in terms of the Common Equity Tier 1 ratio, an indicator of whether banks are sufficiently shock resistant. Extraction of fresh water is putting increasing pressure on renewable freshwater sources (water stress). The healthcare sector is facing staff shortages: the vacancy rate is relatively high and is trending upwards.
- Trust in institutions is relatively high and stable.
- The trends in effectiveness of government and rule of law are declining, indicating a decline in the government's ability to act decisively.
Critical systems: System failure
in EU
in 2022
in EU
in 2022
Critical systems: Essential social function
in EU
in 2022
in EU
in 2020
in EU
in 2022
in EU
in 2020
Government leverage
in EU
in 2022
in EU
in 2022
in EU
in 2022
Theme | Indicator | Value | Trend | Position in EU | Position in EU ranking |
---|---|---|---|---|---|
Critical systems: System failure | Power failure | 22 minutes without power due to blackouts per customer in 2023 | |||
Critical systems: System failure | Dependency on energy imports | 79.4% of energy is imported in 2022 | increasing (decrease well-being) | 24th out of 27 in 2022 | Low ranking |
Critical systems: System failure | Renewable energy | 15.0% of total final energy consumption in 2022 | increasing (increase well-being) | 23rd out of 27 in 2022 | Low ranking |
Critical systems: System failure | ICT security incidents in the private sector | 8% of businesses had incidents caused by harmful intent in 2022 | |||
Critical systems: System failure | ICT security incidents in the information and communication sector | 11% of businesses had incidents in 2022 | |||
Critical systems: Essential social function | Common equity Tier 1 ratio | 16.1% core capital within banks total risk weighted assets in 2022 | 18th out of 27 in 2022 | Middle ranking | |
Critical systems: Essential social function | Trust in institutions | 61.2% of the population over 15 answered “very high“ or “fairly high“ in 2023 | 2nd out of 19 in 2020 | High ranking | |
Critical systems: Essential social function | Time lost due to traffic congestion and delays | 3.28 vehicle hours lost per capita in 2022 | |||
Critical systems: Essential social function | Job vacancy rate health and welfare | 42 vacancies per 1,000 jobs on 31 December 2023 | increasing (decrease well-being) | 24th out of 25 in 2022 | Low ranking |
Critical systems: Essential social function | Level of water stress | 17.7% fresh water extracted from total amount of fresh water in 2022 | increasing (decrease well-being) | 14th out of 27 in 2020 | Middle ranking |
Government leverage | Government debt | 46.5% of gross domestic product in 2023 | decreasing (increase well-being) | 12th out of 27 in 2022 | Middle ranking |
Government leverage | Government effectiveness | 1.58 score on a scale of -2.5 (weak) to 2.5 (strong) in 2022 | decreasing (decrease well-being) | 4th out of 27 in 2022 | High ranking |
Government leverage | Rule of law | 1.66 score on a scale of -2.5 (weak) to 2.5 (strong) in 2022 | decreasing (decrease well-being) | 6th out of 27 in 2022 | High ranking |
Colour codes and notes to the dashboards in the Monitor of Well-being
Critical systems that may not fail include energy supply and IT infrastructure. The indicators show no significant changes, except for the increasing trend for dependence on imported energy sources. This vulnerability is partially offset by the increasing trend for the share of renewable energy in final energy consumption. The indicators for power outages and ICT security incidents cannot be compared internationally.
Banks, institutions, transportation, water supply and healthcare are all systems which – from a societal perspective – are too important to fail. While trust in institutions remains relatively high and stable, other indicators reflect a less optimistic picture. The vacancy rate in the care sector is high compared with other EU countries (24th out of 25 in 2022) and continues to trend upwards, indicating a shortage of healthcare staff. The trend for water stress, the ratio of total freshwater withdrawal to total renewable freshwater resources, taking environmental water requirements into account, is also increasing. Moreover, the Netherlands ranks 18th in the EU list in terms of the Common Equity Tier 1 ratio, an indicator of whether banks are sufficiently resilient to a prolonged period of low growth, high interest rates, and high inflation.
Government debt is trending downwards and amounted to 46.5 percent of GDP in 2023. The effectiveness of government and rule of law are both relatively high. However, the trends are downward, indicating a decrease in effectiveness of government.