Government Finance Statistics; key figures

Table description


This table contains information on the finances of the general government sector. The terms and definitions used are in accordance with the framework of the National Accounts. The National Accounts are based on the international definitions of the European System of Accounts (ESA 2010). Small temporary differences with publications of the National Accounts may occur due to the fact that the government finance statistics are sometimes more up to date.

Data available from:
Yearly figures from 1995, quarterly figures from 1999.

Status of the figures:
The figures for the period 1995-2019 are final. The quarterly figures for 2020 are provisional. The annual figures for 2020 are final. The figures for 2021 and 2022 are provisional.

Changes as of 24 June 2022:
Figures on the first quarter of 2022 are available. The quarterly figures for 2019, 2020 and 2021 and the annual figures 2020 and 2021 have been adjusted.
In the context of the revision policy of National accounts, the annual figures from 1995 and the quarterly figures from 1999 have been revised. In particular, the government balance, revenue and expenditure have been adjusted from 1995, due to revisions of revenue and expenditure of Energie Beheer Nederland B.V. (EBN), classified as part of the State, and transactions of the State with the Dutch entrepreneurial development bank (FMO), part of sector financial corporations. The figures are in line with the publications of the National accounts.
(Seasonal adjusted) government revenue, (seasonal adjusted) government expenditure and (seasonal adjusted) balance of general government have been adjusted.
The quarterly figures for 2019 and the annual figures for 2020 are final.

When will new figures be published?
Initial quarterly figures are published three months after the end of the quarter. In September the figures on the first quarter are revised, in December the figures on the second quarter are revised and in March the first three quarters are revised. Yearly figures are published for the first time three months after the end of the year concerned. Yearly figures are revised two times: 6 and 18 months after the end of the year. Please note that there is a possibility that adjustments might take place at the end of March or September, in order to provide the European Commission with the latest figures. Revised yearly figures are published in June each year. Quarterly figures are aligned to revised years at the end of June. More information on the revision policy of National Accounts can be found under 'relevant articles' under paragraph 3.

Description topics

Key figures (million euros)
Some important figures on government finance statistics.
Balance of the general government sector
Balance of revenue and expenditure of the general government sector. In national accounts it equals net lending/net borrowing of the general government sector. The balance of the general government sector is often presented as percentage of GDP.

The balance of the general government sector (or EMU-balance) is an element of the Stability and Growth Pact. A positive figure indicates a surplus, a negative figure indicates a deficit.
Maastricht debt (EMU)
The consolidated debt of the general government sector (valued at face value) excluding other accounts payable and debt on financial derivatives. Consolidated means that debt relations within the government have been eliminated. Government debt is often presented as percentage of GDP.

Due to the difference in method of valuation, the sum of debt instruments (face value) is not equal to the sum of debt instruments in the national accounts (market value). The debt according to the EMU definition consists of the following debt instruments: deposits, short term debt securities, long term debt securities, short term loans and long term loans. The government debt (or Maastricht debt) is one of the elements of the Stability and Growth Pact.
Memorandum items (million euros)
Some memorandum items of the government finance statistics.
Balance of GG sector seasonal adjusted
Balance of the general government sector seasonal adjusted.

Balance between revenue and expenditure of the general government sector. In the national accounts this equals net lending/net borrowing of the general government sector. The balance of the general government sector is often presented as percentage of GDP.

The balance of the general government sector (or EMU-balance) is an element of the Stability and Growth Pact. A positive figure indicates a surplus, a negative figure indicates a deficit.
Key figures (% of GDP)
Some important figures on government finance statistics, presented as a percentage of gross domestic product (GDP).

The gross domestic product (market value) is the result of the productive activities of residential production units. It equals the added value (basic prices) of all industries, completed with some transactions that cannot be attributed to industries.
Balance of the general government sector
Balance of revenue and expenditure of the general government sector, presented as percentage of GDP. In the national accounts it equals net lending/net borrowing of the general government sector.

The balance of the general government sector (or EMU-balance) is an element of the Stability and Growth Pact. A positive figure indicates a surplus, a negative figure indicates a deficit.

Quarterly balance of the general government sector as a percentage of GDP is a progressive yearly total. It is calculated as the sum of the balance of the quarter considered plus three preceding quarters, divided by the sum of GDP of the quarter considered plus three preceding quarters. The figure for the fourth quarter equals the yearly figure.
Government debt (EMU)
The consolidated debt of the general government sector (valued at face value) excluding other accounts payable and debt on financial derivatives, presented as percentage of GDP. Consolidated means that debt relations within the government have been eliminated.

Due to the difference in method of valuation, the sum of debt instruments (face value) is not equal to the sum of debt instruments in the national accounts (market value). The debt according to the EMU-definition consists of the following debt instruments: deposits, short term debt securities, long term debt securities, short term loans and long term loans. The government debt (or Maastrichtdebt) is one of the elements of the Stability and Growth Pact.

Quarterly government debt as a percentage of GDP is calculated as the debt at the end of the quarter divided by the sum of GDP of the quarter considered plus three preceding quarters. The figure for the fourth quarter equals the yearly figure.
Memorandum items (% of GDP)
Some memorandum figures on government finance statistics, presented as a percentage of gross domestic product (GDP).

The gross domestic product (market value) is the result of the productive activities of residential production units. It equals to the added value (basic prices) of all industries, completed with some transactions that cannot be attributed to industries.
Balance of GG sector seasonal adjusted
Balance of the general government sector seasonal adjusted.

Balance of the general government sector per quarter corrected for seasonal effects, presented as a percentages percentage of gross domestic product (GDP) per quarter corrected for seasonal effects.