Structure national net lending/borrowing; NA, 1995-2016

Structure national net lending/borrowing; NA, 1995-2016

Periods Net current transfers from rest of world Net current transfers from rest of world (mln euro) Net current transfers from rest of world Current transfers from rest of world Total (mln euro) Net current transfers from rest of world Current transfers from rest of world Current taxes on income and wealth (mln euro) Net current transfers from rest of world Current transfers from rest of world Social contributions (mln euro) Net current transfers from rest of world Current transfers from rest of world Social benefits in cash (mln euro) Net current transfers from rest of world Current transfers from rest of world Other current transfers (mln euro) Net current transfers from rest of world Current transfers paid to rest of world Total (mln euro) Net current transfers from rest of world Current transfers paid to rest of world Current taxes on income and wealth (mln euro) Net current transfers from rest of world Current transfers paid to rest of world Social contributions (mln euro) Net current transfers from rest of world Current transfers paid to rest of world Social benefits in cash (mln euro) Net current transfers from rest of world Current transfers paid to rest of world Other current transfers (mln euro) Surplus nation on current transactions Surplus nation on current transactions (mln euro) Surplus nation on current transactions Adjustm. change in pension entitlements (mln euro) Surplus nation on current transactions Net current transfers from rest of world Net current transfers (mln euro) Surplus nation on current transactions Net current transfers from rest of world Current transfers from rest of world (mln euro) Surplus nation on current transactions Net current transfers from rest of world Current transfers paid to rest of world (mln euro)
2016* -7,277 11,052 4,310 2,703 240 3,799 18,329 2,383 284 2,760 12,902 61,248 -413 -7,277 11,052 18,329
Source: CBS.
Explanation of symbols

Dataset is not available.


This table presents annual figures about the structure of national net lending or net borrowing, starting from the gross domestic product. National net lending or net borrowing is the difference between the assets of the Netherlands on the rest of the world and the liabilities of the Netherlands to the rest of the world.
National net lending or net borrowing presents the amount all sectors together in the Netherlands can lend / invest or has to borrow, given the current and capital transactions.

The macroeconomic variables in the calculation of national net lending (+) or net borrowing (-) are expressed in values at current prices, million euro.

Data available from: 1995 up to and including 2016.

Status of the figures:
Data from 1995 up to and including 2015 are final. Data of 2016 are provisional. Since this table has been discontinued, data of 2016 will not become final.

Changes as of June 22nd 2018:
None. This table has been discontinued.
Statistics Netherlands has carried out a revision of the national accounts. New statistical sources and estimation methods have been used during the revision. Therefore this table has been replaced by table Structure national net lending/borrowing; National Accounts. For further information see section 3.

When will new figures be published?
Not applicable anymore.

Description topics

Net current transfers from rest of world
The difference between current transfers received from the rest of the world and provided to the rest of the world.

When a residing enterprise has been active abroad for more than year, the local kind-of-activity unit is no longer considered a resident in the Netherlands but a resident in the country in which it is active. Vice versa, a kind-of-activity unit of foreign origin is no longer seen as a non-resident after it has been active in the Netherlands for more than one year. Resident persons who settle abroad are no longer seen as residents in the Netherlands but as residents in the country they moved to one year after they have left. Vice versa a foreigner who has settled in the Netherlands becomes a resident one year after he or she has moved in. Students are an exception to this rule. They are always considered residents in the country they lived in before commencing their study.
Net current transfers from rest of world
Current transfers from rest of world
Current taxes on income and wealth, social contributions, social benefits in cash and other current transfers received from rest of the world.
Total
Current taxes on income and wealth
Current taxes on income and wealth received from rest of the world. Taxes on income consist of taxes on incomes, profits and capital gains. They are assessed on the actual or presumed incomes of individuals, households, corporations or NPIs. They include taxes assessed on holdings of property, land or real estate when these holdings are used as a basis for estimating the income of their owners.
These include: corporate income tax, payroll tax, income tax, dividend tax, gambling tax and one-time revenue in connection with the liquidation of holding companies.

Social contributions
Social contributions received from rest of the world. Social contributions include social security contributions, private social contributions (among which contributions to pension schemes) and imputed social contributions. Employers, employees, self-employed persons and non-active persons pay these contributions. Actually, the employers' part is paid directly to the insurers. However, in the national accounts, the employers' contributions are supposed to be part of primary income of households (i.e. the income from direct participation in the production process). Therefore, in first instance these contributions are treated as payments by employers to households as compensation of employees, who are deemed to pay them to the insurers in the income account.
Social benefits in cash
Social benefits other than social transfers in kind is made up of three sub-headings:
Social security benefits in cash;
Other social insurance benefits;
Social assistance benefits in cash.

Other current transfers
Other current transfers consist of non-life insurance premiums, non-life insurance claims, current transfers within general government, current international co-operation and miscellaneous current transfers.
Current transfers paid to rest of world
Current taxes on income and wealth, social contributions, social benefits in cash and other current transfers paid to rest of the world.
Total
Current taxes on income and wealth
Current taxes on income and wealth paid to the rest of the world. Taxes on income consist of taxes on incomes, profits and capital gains. They are assessed on the actual or presumed incomes of individuals, households, corporations or NPIs. They include taxes assessed on holdings of property, land or real estate when these holdings are used as a basis for estimating the income of their owners. These include: corporate income tax, payroll tax, income tax, dividend tax, gambling tax and one-time revenue in connection with the liquidation of holding companies.
Social contributions
Social contributions paid to the rest of the world. Social contributions include social security contributions, private social contributions (among which contributions to pension schemes) and imputed social contributions. Employers, employees, self-employed persons and non-active persons pay these contributions. Actually, the employers' part is paid directly to the insurers. However, in the national accounts, the employers' contributions are supposed to be part of primary income of households (i.e. the income from direct participation in the production process). Therefore, in first instance these contributions are treated as payments by employers to households as compensation of employees, who are deemed to pay them to the insurers in the income account.
Social benefits in cash
Social benefits other than social transfers in kind is made up of three sub-headings:
Social security benefits in cash;
Other social insurance benefits;
Social assistance benefits in cash.
Other current transfers
Other current transfers consist of non-life insurance premiums, non-life insurance claims, current transfers within general government, current international co-operation and miscellaneous current transfers.
Surplus nation on current transactions
The net lending (if positive) or borrowing (if negative) of the total economy to / from the rest of the world on current transactions (trade, primary income, current transfers). The surplus of the nation on current transactions is the last item in the use of income account to the rest of the world and consists of: net exports, net primary income from the rest of the world and net current transfers from the rest of the world. The surplus of the nation on current transactions equals the net national savings less the net fixed capital formation.
Surplus nation on current transactions
Net current transfers from rest of world
The difference between current transfers received from the rest of the world and provided to the rest of the world.

When a residing enterprise has been active abroad for more than year, the local kind-of-activity unit is no longer considered a resident in the Netherlands but a resident in the country in which it is active. Vice versa, a kind-of-activity unit of foreign origin is no longer seen as a non-resident after it has been active in the Netherlands for more than one year. Resident persons who settle abroad are no longer seen as residents in the Netherlands but as residents in the country they moved to one year after they have left. Vice versa a foreigner who has settled in the Netherlands becomes a resident one year after he or she has moved in. Students are an exception to this rule. They are always considered residents in the country they lived in before commencing their study.
Net current transfers
Current transfers from rest of world
Current taxes on income and wealth, social contributions, social benefits in cash and other current transfers received from rest of the world.
Current transfers paid to rest of world
Current taxes on income and wealth, social contributions, social benefits in cash and other current transfers paid to rest of the world.
Adjustm. change in pension entitlements
The adjustment for the change in pension entitlements represents the adjustment needed to make appear in the saving of households the change in the pension entitlements on which households have a definite claim. The pension entitlement change comes from contributions and benefits recorded in the secondary distribution of income account. Since households are treated in the financial accounts and balance sheets of the system as owning the pension entitlements, an adjustment item is necessary to ensure that any excess of pension contributions over pension receipts does not affect household saving.
In order to neutralise this effect, an adjustment equal to:
the total value of actual and imputed social contributions in respect of pensions payable into pension schemes in which households have a definite claim
plus the total value of contribution supplements payable out of property income attributed to pension schemes beneficiaries
minus the value of associated service charges
minus the total value of pensions paid out as social insurance benefits by pension schemes
is added to the disposable income, or adjusted disposable income, of households in the use of income accounts before arriving at saving.
In this way, the saving of households is the same as it would be had pension contributions and pension receipts not been recorded as current transfers in the secondary distribution of income account. This adjustment item is necessary in order to reconcile the saving of households with the change in their pension entitlements recorded in the financial account of the system. Opposite adjustments are, of course, needed in the use of income accounts of the units responsible for paying pensions.