Government; debt guarantees, off-balance PPP, non-performing loans
| Sectors | Periods | Value in million euros Debt guarantees One-off and standardised guarantees (million euros) | Value in million euros Debt guarantees Standardised guarantees (million euros) | Value in % of GDP Debt guarantees One-off and standardised guarantees (% of GDP) | Value in % of GDP Debt guarantees Standardised guarantees (% of GDP) |
|---|---|---|---|---|---|
| General government sector | 2024* | 347,521 | 0 | 31.0 | 0.0 |
| Central government | 2024* | 344,734 | 0 | 30.7 | 0.0 |
| Local government | 2024* | 2,787 | 0 | 0.2 | 0.0 |
| Social security funds | 2024* | 0 | 0 | 0.0 | 0.0 |
| Source: CBS. | |||||
Table explanation
This table comprises figures related to debt guarantees provided by the general government sector, adjusted capital value of off-balance sheet public private partnerships (PPP), and non-performing loans. The figures are also available per government subsector, and are taken from end-of-year balance sheets.
The non-performing loans are consolidated which means that loans between units that belong to the same sector are eliminated. As a result, non-performing loans of subsectors do not add up to total non-performing loans of general government. For example, loans of the State provided to local government are part of loans of the State. However, these are not included in the consolidated loans of general government, because it is an asset of a government unit with a government unit as debtor.
Publication of this table meets one of the requirements of Directive EU 2011/85, part of the Enhanced Economic Governance package ("Sixpack") adopted by the European Council in 2011.
Data available from: situation on 31 December 2010.
Status of the figures:
The figures for 2023 are provisional. The figures for the earlier years are final.
Changes as of 31th of October 2025:
Provisional figures for 2024 have been published.
The figures for 2023 have become final.
The annual figures for 2010 through 2022 have been revised. The revision is at the level of the local government sector. For this sector, several guarantees have been removed from the time series because the primary risk bearer for those guarantees is not the local government sector but the Waarborgfonds Sociale Woningbouw (WSW). Furthermore, these guarantees were actually already included in central government as part of to the reclassification of WSW within this governmental sector.
When will new figures be published?
New provisional figures for the previous year will be published in October. Previous provisional figures will then become definite. More information on the revision policy of National Accounts can be found under "Relevant articles" under paragraph 3.
Description topics
- Value in million euros
- Debt guarantees
- A debt guarantee is an arrangement in which a guarantor agrees to pay a creditor if a debtor defaults.
This table presents debt guarantees provided by the government. These include:
- Guarantees on interbank loans as a result of the financial crisis.
- Export credit guarantees.
- Guarantee arrangements for specific sectors.
- Guarantees provided to individual institutions.
The data do not include:
- Government guarantees issued within the guarantee mechanism under the Framework Agreement of the European Financial Stability Facility (EFSF)
- Guarantees provided for the 'European Financial Stabilisation Mechanism' (ESFM) en the 'European Stability Mechanism' (ESM).
- Derivative-type guarantees, i.e. guarantees that meet the definition of a financial derivative
- Deposit insurance guarantees and comparable schemes
- Government guarantees issued on events whose occurrence is very difficult to cover via commercial insurance (earthquakes, large-scale flooding, nuclear accidents, certain art
exhibitions, etc.).- One-off and standardised guarantees
- The sum of one-off and standardised guarantees.
- Standardised guarantees
- Standardised guarantees are guarantees that are issued in large numbers, usually for fairly small amounts, along identical lines. It is not possible to estimate precisely the risk of default for each loan, but it is possible to estimate how many, out of a large number of such loans, will de defaulted on.
- Value in % of GDP
- Debt guarantees
- A debt guarantee is an arrangement in which a guarantor agrees to pay a creditor if a debtor defaults.
This table presents debt guarantees provided by the government. These include:
- Guarantees on interbank loans as a result of the financial crisis.
- Export credit guarantees.
- Guarantee arrangements for specific sectors.
- Guarantees provided to individual institutions.
The data do not include:
- Government guarantees issued within the guarantee mechanism under the Framework Agreement of the European Financial Stability Facility (EFSF)
- Guarantees provided for the 'European Financial Stabilisation Mechanism' (ESFM) en the 'European Stability Mechanism' (ESM).
- Derivative-type guarantees, i.e. guarantees that meet the definition of a financial derivative
- Deposit insurance guarantees and comparable schemes
- Government guarantees issued on events whose occurrence is very difficult to cover via commercial insurance (earthquakes, large-scale flooding, nuclear accidents, certain art
exhibitions, etc.).- One-off and standardised guarantees
- The sum of one-off and standardised guarantees.
- Standardised guarantees
- Standardised guarantees are guarantees that are issued in large numbers, usually for fairly small amounts, along identical lines. It is not possible to estimate precisely the risk of default for each loan, but it is possible to estimate how many, out of a large number of such loans, will de defaulted on.