Amsterdam is the capital and most populous municipality of the Netherlands. The city is located in the province of North Holland in the west of the country but is not its capital, which is Haarlem. The metropolitan area comprises much of the northern part of the Randstad, one of the larger conurbations in Europe, with a population of approximately 7 million.
As the commercial capital of the Netherlands and one of the top financial centres in Europe, Amsterdam is considered an alpha world city by the Globalization and World Cities (GaWC) study group. The city is also the cultural capital of the Netherlands. Many large Dutch institutions have their headquarters there, and seven of the world’s 500 largest companies, including Philips and ING, are based in the city. The Amsterdam Stock Exchange, the oldest stock exchange in the world, is located in the city center.