Gross debt in the Netherlands
The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.The gross debt in the Netherlands in the period from 1998 to 2016 was between 224.8 billion and 450.5 billion Euro. The hightest level within the past 18 years was reached in 2014. However, the liabilities in 2016 have been only 434.09 billion Euro
Based on the number of inhabitants, this is in the Netherlands a debt of 25,489 Euro per person. For comparison: The average debt per person in the same year in the European Union was 24,160 Euro.
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Gross debt of the past 18 years in billion Euro
| Jahr | Netherlands total | European Union total | Netherlands per capita | European Union per capita |
|---|---|---|---|---|
| 1998 | 238.19 bn € | 542.28 bn € | 13,986 € | 10,605 € |
| 1999 | 236.09 bn € | 564.55 bn € | 13,863 € | 11,040 € |
| 2000 | 224.77 bn € | 569.72 bn € | 13,198 € | 11,141 € |
| 2001 | 227.10 bn € | 585.17 bn € | 13,335 € | 11,443 € |
| 2002 | 235.09 bn € | 601.06 bn € | 13,804 € | 11,754 € |
| 2003 | 248.01 bn € | 626.46 bn € | 14,563 € | 12,251 € |
| 2004 | 259.95 bn € | 673.97 bn € | 15,264 € | 13,180 € |
| 2005 | 268.89 bn € | 711.45 bn € | 15,789 € | 13,913 € |
| 2006 | 259.70 bn € | 735.37 bn € | 15,249 € | 14,381 € |
| 2007 | 262.07 bn € | 745.65 bn € | 15,389 € | 14,582 € |
| 2008 | 350.53 bn € | 791.13 bn € | 20,583 € | 15,471 € |
| 2009 | 351.09 bn € | 893.39 bn € | 20,616 € | 17,471 € |
| 2010 | 374.74 bn € | 1,002.08 bn € | 22,004 € | 19,596 € |
| 2011 | 396.26 bn € | 1,067.22 bn € | 23,268 € | 20,870 € |
| 2012 | 428.31 bn € | 1,124.02 bn € | 25,150 € | 21,981 € |
| 2013 | 442.17 bn € | 1,158.25 bn € | 25,964 € | 22,650 € |
| 2014 | 450.49 bn € | 1,210.59 bn € | 26,452 € | 23,674 € |
| 2015 | 441.01 bn € | 1,246.05 bn € | 25,896 € | 24,367 € |
| 2016 | 434.09 bn € | 1,235.46 bn € | 25,489 € | 24,160 € |
Comparison of the gross debt per capita with the European Union in Euro
Budget deficit in the Netherlands
The budget deficit of a country is the result of all its claims and liabilities. This includes incomes and expenses, repayments and building of new debts in other countries, but also domestic positions of the government, such as social insurances, local authorities and communities. It is the financial balance of the economic accounts. In simple terms: If a country at the end of the year has more money, than at at the beginning, it is a surplus - it is less, it is called deficit.The budget balance in the Netherlands in the period between 1998 and 2016 was from -33.54 billion Euro to +8.24 billion Euro. In 2016 was reached a balance of 2.92 billion Euro.
In ratio to population, this equals a surplus of 172 Euro per capita in the Netherlands. For comparison, the average debt per capita in the European Union was in the same year at 490 Euro.
Budget deficit and surplus in the last 18 years
| Jahr | Netherlands total | European Union total | Netherlands per capita | European Union per capita |
|---|---|---|---|---|
| 1998 | -3.14 bn € | -153.24 bn € | -184 € | -300 € |
| 1999 | 1.60 bn € | -82.11 bn € | 94 € | -161 € |
| 2000 | 8.24 bn € | 52.06 bn € | 484 € | 102 € |
| 2001 | -1.08 bn € | -143.52 bn € | -63 € | -281 € |
| 2002 | -9.71 bn € | -257.29 bn € | -570 € | -503 € |
| 2003 | -14.90 bn € | -321.17 bn € | -875 € | -628 € |
| 2004 | -9.03 bn € | -320.91 bn € | -530 € | -628 € |
| 2005 | -1.40 bn € | -287.69 bn € | -82 € | -563 € |
| 2006 | 1.22 bn € | -196.78 bn € | 72 € | -385 € |
| 2007 | 1.30 bn € | -112.22 bn € | 76 € | -219 € |
| 2008 | 1.43 bn € | -323.26 bn € | 84 € | -632 € |
| 2009 | -33.54 bn € | -810.85 bn € | -1,969 € | -1,586 € |
| 2010 | -31.52 bn € | -817.35 bn € | -1,851 € | -1,598 € |
| 2011 | -27.57 bn € | -597.07 bn € | -1,619 € | -1,168 € |
| 2012 | -25.06 bn € | -569.45 bn € | -1,472 € | -1,114 € |
| 2013 | -15.50 bn € | -445.15 bn € | -910 € | -871 € |
| 2014 | -15.03 bn € | -416.11 bn € | -882 € | -814 € |
| 2015 | -14.13 bn € | -347.78 bn € | -830 € | -680 € |
| 2016 | 2.92 bn € | -250.77 bn € | 172 € | -490 € |
(negative numbers = deficit)