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TOOL · GROSS COST

How much would a basic income cost in Netherlands?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 15,164,931child population 2,712,186year 2023World Bank WDI

GROSS ANNUAL COST

158,602 million

in euros€158,601,830,400

Equal to 15.1% of reference GDP

Population covered: 17,877,117 people

Adults: 15,164,931 × €800 × 12 = €145,583,337,600

Children: 2,712,186 × €400 × 12 = €13,018,492,800

€145,583,337,600 + €13,018,492,800 = €158,601,830,400

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $1,135,475,867,551 · World Bank WDI

Currency EUR · exchange rate 0.9248 EUR/USD (2023)

Converted cost $171,491,183,468 for the GDP share.