The Czech Republic has a diverse economy that ranks 7th in the 2016 Economic Complexity Index. The industrial sector accounts for 37.5% of the economy, while services account for 60% and agriculture for 2.5%. The largest trading partner for both export and import is Germany and the EU in general. Dividends worth CZK 270 billion were paid to the foreign owners of Czech companies in 2017, which has become a political issue. The country has been a member of the Schengen Area since 1 May 2004, having abolished border controls, completely opening its borders with all of its neighbors on 21 December 2007.