Netherlands - Outstanding Public Debt

Netherlands: Outstanding Public Debt

Mnemonic	GDBT.INLD
Unit	Mil. EUR, NSA
Adjustments	Not Seasonally Adjusted
	Quarterly	6.57 %
Data	2022 Q4	480,065
	2022 Q3	450,466

Series Information

Source	Statistics Netherlands
Release	EMU Balance and Debt
Frequency	Quarterly
Start Date	12/31/1999
End Date	12/31/2022

Netherlands: Government

	Reference	Last	Previous	Units	Frequency
Government Expenditures	2022 Q4	-118,055	-100,923	Mil. EUR, NSA	Quarterly
Government Revenues	2022 Q4	113,686	95,743	Mil. EUR, NSA	Quarterly
Outstanding Public Debt	2022 Q4	480,065	450,466	Mil. EUR, NSA	Quarterly
Gross External Debt	2022 Q3	0	0	USD, NSA	Quarterly

Release Information

Description

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.

Methodology

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.

Revisions

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.