section_path: Economy
section_name: Economy
paragraph_text: Economy
  
  The Hague has a service-oriented economy. A professional life in the city is dominated by a large number of civil servants and diplomats working in the city; as of 2006, 26% of the jobs in The Hague are those offered by the Dutch government or the international institutions. Large employers in this sector include the ministries of Defence, Justice, Housing, Spatial Planning and the Environment, Foreign Affairs, the Ministry of the Interior and Kingdom Relations and Transport, Public Works and Water Management.
  
  Several large international businesses have their headquarters in The Hague. Significant companies headquartered in The Hague include Aegon, APM Terminals, Damco, NIBC Bank, Chicago Bridge & Iron Company and PostNL. The city is also host to the regional headquarters of Siemens, T-Mobile, AT&T, Huawei, Kuwait Petroleum Corporation, McDermott International, Saudi Aramco, TotalEnergies and Worley. There has never been any large-scale industrial activity in The Hague, with the possible exception of the fishing activities of the harbour in Scheveningen. Many of the city's logistical and minor-industrial services are in the Binckhorst in the Laak district, which contains many sizeable warehouses.
  
  The city is the second biggest Dutch tourist destination after Amsterdam. In 2012, The Hague welcomed 1.2 million tourists, half of whom came from abroad. Tourists spend an average of €2 billion a year in the local economy. 1 in 10 residents make their living in the tourism sector.