National debt ratio in the Netherlands
The national debt ratio of the Netherlands shows the relationship between the Dutch national debt on the one hand and the Dutch nominal gross domestic product on the other.
Development in recent years
The national debt ratio in the Netherlands increased between 2008 and 2013 due to the financial crisis . While the national debt of 347.5 billion euros at the end of 2008 corresponded to a national debt ratio of 54.7%, the national debt ratio at the end of 2013, given a debt level of 441 billion euros, reached a value of 68.6%.
At the end of the 2nd quarter of 2015, the Dutch government debt ratio according to Eurostat was 67.1% with a debt level of 449.6 billion euros. It is thus still well below the average rates for the euro zone (92.2%) and for the European Union (87.8%, both as of June 30, 2015).
Forecast development
The International Monetary Fund assumes that the national debt ratio of the Netherlands will decrease to 65.4% by the end of 2019 with a debt level of EUR 485.6 billion. This would mean that the Netherlands would still fail to meet the Maastricht criterion by a maximum of 60%.
Graphical representation
See also
- List of countries by national debt ratio
- List of European countries by national debt ratio
- Government debt ratio
Individual evidence
- ↑ International Monetary Fund: World Economic Outlook Database, October 2014, General government gross debt (National currency, Percent of GDP)
- ↑ a b Eurostat: Public debt in the euro area fell to 92.2% of GDP, press release of 23 October 2015, accessed on 26 October 2015.