Antwerp’s economy Sample Clauses

Antwerp’s economy. Antwerp is located in the Flemish region of northern Belgium. The city, a major seaport, lies on the banks of the River Scheldt. The River Scheldt and its tributaries form an international tidal river system over 250km long. Antwerp’s surface is estimated at 205km2, and the port area surfaces at 13.06 hectares (DP World, 2013). Antwerp is a small, open economy with a high level of prosperity. In 2012, the population of the City of Antwerp was 502,604. In 2007, Antwerp’s Gross Domestic Product (GDP) was EUR 57.3bn, representing 17% of Belgium’s GDP (Stad Antwerpen, 2013). In 2008, Antwerp had an employment rate of 59.8% (Stad Antwerpen, 2013). Antwerp’s economy relies on the activities of its port, which is the second largest in Europe and fifth largest in the world (Port Integration, 2014). In 2010 Antwerp’s port handled over 178 million tons of international maritime cargo traffic (Port Integration, 2014). The service sector in Antwerp accounts for 75% of business in the city (Internations, 2013). The most important sectors of employment in Antwerp in 2007 were industry (13.5%), administrative services (12.8%), retail (11.8%), health services (10.9%), and transport (10.5%) (Stad Antwerpen, 2013).
Sample 1
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