|Unit||Mil. EUR, NSA|
|Adjustments||Not Seasonally Adjusted|
|Government Expenditures||2019 Q2||-86,903||-82,576||Mil. EUR, NSA||Quarterly|
|Government Revenues||2019 Q2||88,578||94,616||Mil. EUR, NSA||Quarterly|
|Gross External Debt||2019 Q2||0||0||USD, NSA||Quarterly|
|Outstanding Public Debt||2019 Q2||403,601||398,064||Mil. EUR, NSA||Quarterly|
The EMU balance and EMU debt are derived from the figures for the general government sector in national accounts.This table shows the development of the EMU balance and the EMU debt in the Netherlands. Quarterly from 1999.
EMU stands for Economic and Monetary Union.
The source writes:
The EMU balance is the difference between the income and expenditure of the government (Central Government, Social Security, Care and local authorities and autonomous administrative authorities [ZBOs]) of a certain country in a certain year. The calculation of the EMU balance is in line with the economic reality. In other words: the EMU balance is a transaction term and not only based on what happens in the cash. Furthermore, financial transactions such as loans and purchasing public property do in principle not affect the EMU balance.
The difference between revenues and expenditures of the government yields the EMU balance. Revenues and expenditures are then recorded in the year to be created economic value or when an entitlement or obligation.It is similar to the overall balance of the general government sector in national accounts plus interest advantage or disadvantage because of financial derivatives (interest rate swaps).
The source defines EMU debt as the consolidated public debt at nominal value, excluding accrued debt and the debt of the title derivatives. Because of the difference in valuation, the sum of the debt of the EMU debt (nominal) does not equal to the sum of the debt in the national accounts (market value). Currency, short-term securities, bonds, short-term loans and long-term loans are included in the debt.
Quarterly data are published three months after the end of a quarter.Upon publication of the fourth quarter are also adjusted the figures for the first three quarters. The first year results, three months published after the end of the year. Then, the annual figures are revised twice six and eighteen months after the end of the year.
The strategy revision of the national accounts is followed.In a revision of the whole time series, new data sources, methods and international guidelines are incorporated.