Balance and debt; public sectors

Description

This table shows the development of the government balance and debt (also referred to as EMU balance and EMU debt respectively) in the Netherlands. EMU stands for Economic and Monetary Union. This table presents annual and quarterly estimates of general government, broken down by the contribution per subsector of general government. This table also shows the reconciliation between the balance and the changes in the debt. The debt is presented in facial value (the original debt amount). The balance and debt of the general government sector are the main indicators of the soundness of public finances in the European Union. The Maastricht Treaty and the resulting Stability and Growth Pact stipulate that a deficit must not exceed 3 percent of gross domestic product (GDP) and debt must not exceed 60 percent of GDP. If the standards are exceeded and there are no special circumstances, the European Commission may impose sanctions. The figures are consistent with the system of national accounts. There may be temporary differences with the publications of the National Accounts due to the fact that the published figures of the government accounts are sometimes more up-to-date. Due to the difference in valuation basis, the sum of the debt securities of the government debt (facial value) is not equal to the sum of the debt securities in the national accounts (market value). The debt consists of the titles: deposits, short-term debt securities, long-term debt securities, short-term loans and long-term loans. Data available from: Annual data from 1995 onwards, quarterly data from 1999 onwards. Status of figures: The figures in this table have definitive status for the period 1995-2021. The 2022 quarters have the status provisionally. The annual figures for 2022 have the status definitive. The figures for 2023 and 2024 are provisional. Changes as of 24 June 2024: Figures for the first quarter of 2024 are available. The figures for the quarters of 2021 and 2022 are now final. As part of the revision policy of the National Accounts, the annual figures from 1995 and the quarterly figures from the first quarter of 1999 have been revised. When will there be new figures? The first figures of the most recent quarter are published three months after the end of a quarter. The first quarter can then be adjusted in September, the second quarter in December and the first three quarters in March. The first annual figures shall be published three months after the end of the reporting year. Subsequently, the annual figures are adjusted twice: six and eighteen months after the end of the reporting year. In addition, interim updates may take place to provide the European Commission with the most up-to-date government data at the end of March and the end of September. The data for the quarters are linked to the adjusted annual figures. The updated annual and quarterly figures are published at the end of June each year. Information on the revision policy of National Accounts can be found under section 3 'relevant articles'.

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Name Format Description Link
23 https://opendata.cbs.nl/statline/#/CBS/nl/dataset/84118NED/table
0 https://opendata.cbs.nl/statline/#/CBS/nl/dataset/84118NED/table

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