An electricial current is a flow of electrons, the voltage is the amount of energy each electron carries, it is the latter which is reduced to zero after flowing through the load, electrons can't just disappear, the current is the same at all points of a circuit, kirchoff's first (IIRC) law.
Neutral is connected to earth at the transformer, this keeps its potential pretty close to physical earth, and without a potential (voltage) you can't have a shock, but because its not exactly at the same potential as the physical earth, there is a possibily of small currents flowing, in a TNC-S * the earth is derived from the neutral at the supply head (as crafty said), all earthed metalwork will therefore be at the potential of the neutral, this sometimes causes problems with animals, for example cows are sensitive to the small difference in potential between the milking systems and the earth on which they stand, it is recommended that in situations like this a metal grid is installed into the floor and connected to the main bonding, or the system is made TT.
The reason the neutral is not at true earth potential is because its got a current flowing through it and the cable has a resisatnce, if you multiply the resistance of the cable between the point you touch the neutral, and the point it is tied down to eath, by the current flowing in the neutral, you will get the volatage drop across that piece of cable, which will be the amount the part you touch is above earth
*a problem with TNC-S is that if the neutral breaks, the part downstream of the break will rise to 230v (assuming to further electrodes in the ground to drag it down), and because your earth is connected to this, it too will rise, and you can have a shock off the earth wire, the supply company is supposed to ensure that this can never happen, but its not unheard of