Government; financial balance sheet, market value, sectors

Government; financial balance sheet, market value, sectors

Institutional sectors Assets and liabilities Financial instruments Stocks and flows Periods Financial transactions and balance sheet (million euros)
General government Assets AF Total financial instruments Opening balance sheet 2024 4th quarter* 285,798
General government Assets AF Total financial instruments Opening balance sheet 2025 1st quarter* 302,189
General government Assets AF Total financial instruments Financial transactions 2024 4th quarter* 12,538
General government Assets AF Total financial instruments Financial transactions 2025 1st quarter* -6,374
General government Assets AF Total financial instruments Other changes 2024 4th quarter* 3,853
General government Assets AF Total financial instruments Other changes 2025 1st quarter* 5,322
General government Assets AF Total financial instruments Closing balance sheet 2024 4th quarter* 302,189
General government Assets AF Total financial instruments Closing balance sheet 2025 1st quarter* 301,137
General government Assets AF2 Currency and deposits Opening balance sheet 2024 4th quarter* 15,216
General government Assets AF2 Currency and deposits Opening balance sheet 2025 1st quarter* 16,095
General government Assets AF2 Currency and deposits Financial transactions 2024 4th quarter* 879
General government Assets AF2 Currency and deposits Financial transactions 2025 1st quarter* 983
General government Assets AF2 Currency and deposits Other changes 2024 4th quarter* 0
General government Assets AF2 Currency and deposits Other changes 2025 1st quarter* 0
General government Assets AF2 Currency and deposits Closing balance sheet 2024 4th quarter* 16,095
General government Assets AF2 Currency and deposits Closing balance sheet 2025 1st quarter* 17,078
General government Assets AF3 Debt securities Opening balance sheet 2024 4th quarter* 11,131
General government Assets AF3 Debt securities Opening balance sheet 2025 1st quarter* 11,564
General government Assets AF3 Debt securities Financial transactions 2024 4th quarter* 329
General government Assets AF3 Debt securities Financial transactions 2025 1st quarter* -200
General government Assets AF3 Debt securities Other changes 2024 4th quarter* 104
General government Assets AF3 Debt securities Other changes 2025 1st quarter* -56
General government Assets AF3 Debt securities Closing balance sheet 2024 4th quarter* 11,564
General government Assets AF3 Debt securities Closing balance sheet 2025 1st quarter* 11,308
General government Assets AF4 Loans Opening balance sheet 2024 4th quarter* 73,096
General government Assets AF4 Loans Opening balance sheet 2025 1st quarter* 78,242
General government Assets AF4 Loans Financial transactions 2024 4th quarter* 5,038
General government Assets AF4 Loans Financial transactions 2025 1st quarter* -563
General government Assets AF4 Loans Other changes 2024 4th quarter* 108
General government Assets AF4 Loans Other changes 2025 1st quarter* -63
General government Assets AF4 Loans Closing balance sheet 2024 4th quarter* 78,242
General government Assets AF4 Loans Closing balance sheet 2025 1st quarter* 77,616
General government Assets AF5 Equity and investment fund... Opening balance sheet 2024 4th quarter* 103,260
General government Assets AF5 Equity and investment fund... Opening balance sheet 2025 1st quarter* 106,825
General government Assets AF5 Equity and investment fund... Financial transactions 2024 4th quarter* -119
General government Assets AF5 Equity and investment fund... Financial transactions 2025 1st quarter* -323
General government Assets AF5 Equity and investment fund... Other changes 2024 4th quarter* 3,684
General government Assets AF5 Equity and investment fund... Other changes 2025 1st quarter* 5,726
General government Assets AF5 Equity and investment fund... Closing balance sheet 2024 4th quarter* 106,825
General government Assets AF5 Equity and investment fund... Closing balance sheet 2025 1st quarter* 112,228
General government Assets AF71 Financial derivatives Opening balance sheet 2024 4th quarter* -37
General government Assets AF71 Financial derivatives Opening balance sheet 2025 1st quarter* -20
General government Assets AF71 Financial derivatives Financial transactions 2024 4th quarter* 60
General government Assets AF71 Financial derivatives Financial transactions 2025 1st quarter* 127
General government Assets AF71 Financial derivatives Other changes 2024 4th quarter* -43
General government Assets AF71 Financial derivatives Other changes 2025 1st quarter* -285
General government Assets AF71 Financial derivatives Closing balance sheet 2024 4th quarter* -20
General government Assets AF71 Financial derivatives Closing balance sheet 2025 1st quarter* -178
General government Assets AF8 Other accounts receivable/payable Opening balance sheet 2024 4th quarter* 83,132
General government Assets AF8 Other accounts receivable/payable Opening balance sheet 2025 1st quarter* 89,483
General government Assets AF8 Other accounts receivable/payable Financial transactions 2024 4th quarter* 6,351
General government Assets AF8 Other accounts receivable/payable Financial transactions 2025 1st quarter* -6,398
General government Assets AF8 Other accounts receivable/payable Other changes 2024 4th quarter* 0
General government Assets AF8 Other accounts receivable/payable Other changes 2025 1st quarter* 0
General government Assets AF8 Other accounts receivable/payable Closing balance sheet 2024 4th quarter* 89,483
General government Assets AF8 Other accounts receivable/payable Closing balance sheet 2025 1st quarter* 83,085
General government Liabilities AF Total financial instruments Opening balance sheet 2024 4th quarter* 522,862
General government Liabilities AF Total financial instruments Opening balance sheet 2025 1st quarter* 540,811
General government Liabilities AF Total financial instruments Financial transactions 2024 4th quarter* 19,852
General government Liabilities AF Total financial instruments Financial transactions 2025 1st quarter* -3,645
General government Liabilities AF Total financial instruments Other changes 2024 4th quarter* -1,903
General government Liabilities AF Total financial instruments Other changes 2025 1st quarter* -9,680
General government Liabilities AF Total financial instruments Closing balance sheet 2024 4th quarter* 540,811
General government Liabilities AF Total financial instruments Closing balance sheet 2025 1st quarter* 527,486
General government Liabilities AF2 Currency and deposits Opening balance sheet 2024 4th quarter* 1,800
General government Liabilities AF2 Currency and deposits Opening balance sheet 2025 1st quarter* 1,247
General government Liabilities AF2 Currency and deposits Financial transactions 2024 4th quarter* -553
General government Liabilities AF2 Currency and deposits Financial transactions 2025 1st quarter* 88
General government Liabilities AF2 Currency and deposits Other changes 2024 4th quarter* 0
General government Liabilities AF2 Currency and deposits Other changes 2025 1st quarter* 0
General government Liabilities AF2 Currency and deposits Closing balance sheet 2024 4th quarter* 1,247
General government Liabilities AF2 Currency and deposits Closing balance sheet 2025 1st quarter* 1,335
General government Liabilities AF3 Debt securities Opening balance sheet 2024 4th quarter* 375,757
General government Liabilities AF3 Debt securities Opening balance sheet 2025 1st quarter* 396,443
General government Liabilities AF3 Debt securities Financial transactions 2024 4th quarter* 22,598
General government Liabilities AF3 Debt securities Financial transactions 2025 1st quarter* -3,944
General government Liabilities AF3 Debt securities Other changes 2024 4th quarter* -1,912
General government Liabilities AF3 Debt securities Other changes 2025 1st quarter* -9,673
General government Liabilities AF3 Debt securities Closing balance sheet 2024 4th quarter* 396,443
General government Liabilities AF3 Debt securities Closing balance sheet 2025 1st quarter* 382,826
General government Liabilities AF4 Loans Opening balance sheet 2024 4th quarter* 72,096
General government Liabilities AF4 Loans Opening balance sheet 2025 1st quarter* 72,616
General government Liabilities AF4 Loans Financial transactions 2024 4th quarter* 511
General government Liabilities AF4 Loans Financial transactions 2025 1st quarter* 410
General government Liabilities AF4 Loans Other changes 2024 4th quarter* 9
General government Liabilities AF4 Loans Other changes 2025 1st quarter* -7
General government Liabilities AF4 Loans Closing balance sheet 2024 4th quarter* 72,616
General government Liabilities AF4 Loans Closing balance sheet 2025 1st quarter* 73,019
General government Liabilities AF5 Equity and investment fund... Opening balance sheet 2024 4th quarter* 60
General government Liabilities AF5 Equity and investment fund... Opening balance sheet 2025 1st quarter* 60
General government Liabilities AF5 Equity and investment fund... Financial transactions 2024 4th quarter* 0
General government Liabilities AF5 Equity and investment fund... Financial transactions 2025 1st quarter* 0
General government Liabilities AF5 Equity and investment fund... Other changes 2024 4th quarter* 0
General government Liabilities AF5 Equity and investment fund... Other changes 2025 1st quarter* 0
General government Liabilities AF5 Equity and investment fund... Closing balance sheet 2024 4th quarter* 60
General government Liabilities AF5 Equity and investment fund... Closing balance sheet 2025 1st quarter* 60
General government Liabilities AF71 Financial derivatives Opening balance sheet 2024 4th quarter*
General government Liabilities AF71 Financial derivatives Opening balance sheet 2025 1st quarter*
General government Liabilities AF71 Financial derivatives Financial transactions 2024 4th quarter*
General government Liabilities AF71 Financial derivatives Financial transactions 2025 1st quarter*
General government Liabilities AF71 Financial derivatives Other changes 2024 4th quarter*
General government Liabilities AF71 Financial derivatives Other changes 2025 1st quarter*
General government Liabilities AF71 Financial derivatives Closing balance sheet 2024 4th quarter*
General government Liabilities AF71 Financial derivatives Closing balance sheet 2025 1st quarter*
General government Liabilities AF8 Other accounts receivable/payable Opening balance sheet 2024 4th quarter* 73,149
General government Liabilities AF8 Other accounts receivable/payable Opening balance sheet 2025 1st quarter* 70,445
General government Liabilities AF8 Other accounts receivable/payable Financial transactions 2024 4th quarter* -2,704
General government Liabilities AF8 Other accounts receivable/payable Financial transactions 2025 1st quarter* -199
General government Liabilities AF8 Other accounts receivable/payable Other changes 2024 4th quarter* 0
General government Liabilities AF8 Other accounts receivable/payable Other changes 2025 1st quarter* 0
General government Liabilities AF8 Other accounts receivable/payable Closing balance sheet 2024 4th quarter* 70,445
General government Liabilities AF8 Other accounts receivable/payable Closing balance sheet 2025 1st quarter* 70,246
Central government Assets AF Total financial instruments Opening balance sheet 2024 4th quarter* 260,568
Central government Assets AF Total financial instruments Opening balance sheet 2025 1st quarter* 274,718
Central government Assets AF Total financial instruments Financial transactions 2024 4th quarter* 10,314
Central government Assets AF Total financial instruments Financial transactions 2025 1st quarter* 912
Central government Assets AF Total financial instruments Other changes 2024 4th quarter* 3,836
Central government Assets AF Total financial instruments Other changes 2025 1st quarter* 5,379
Central government Assets AF Total financial instruments Closing balance sheet 2024 4th quarter* 274,718
Central government Assets AF Total financial instruments Closing balance sheet 2025 1st quarter* 281,009
Central government Assets AF2 Currency and deposits Opening balance sheet 2024 4th quarter* 8,897
Central government Assets AF2 Currency and deposits Opening balance sheet 2025 1st quarter* 10,624
Central government Assets AF2 Currency and deposits Financial transactions 2024 4th quarter* 1,727
Central government Assets AF2 Currency and deposits Financial transactions 2025 1st quarter* 656
Central government Assets AF2 Currency and deposits Other changes 2024 4th quarter* 0
Central government Assets AF2 Currency and deposits Other changes 2025 1st quarter* 0
Central government Assets AF2 Currency and deposits Closing balance sheet 2024 4th quarter* 10,624
Central government Assets AF2 Currency and deposits Closing balance sheet 2025 1st quarter* 11,280
Central government Assets AF3 Debt securities Opening balance sheet 2024 4th quarter* 9,809
Central government Assets AF3 Debt securities Opening balance sheet 2025 1st quarter* 10,321
Central government Assets AF3 Debt securities Financial transactions 2024 4th quarter* 408
Central government Assets AF3 Debt securities Financial transactions 2025 1st quarter* -162
Central government Assets AF3 Debt securities Other changes 2024 4th quarter* 104
Central government Assets AF3 Debt securities Other changes 2025 1st quarter* -56
Central government Assets AF3 Debt securities Closing balance sheet 2024 4th quarter* 10,321
Central government Assets AF3 Debt securities Closing balance sheet 2025 1st quarter* 10,103
Central government Assets AF4 Loans Opening balance sheet 2024 4th quarter* 68,860
Central government Assets AF4 Loans Opening balance sheet 2025 1st quarter* 74,091
Central government Assets AF4 Loans Financial transactions 2024 4th quarter* 5,123
Central government Assets AF4 Loans Financial transactions 2025 1st quarter* 5,439
Central government Assets AF4 Loans Other changes 2024 4th quarter* 108
Central government Assets AF4 Loans Other changes 2025 1st quarter* -63
Central government Assets AF4 Loans Closing balance sheet 2024 4th quarter* 74,091
Central government Assets AF4 Loans Closing balance sheet 2025 1st quarter* 79,467
Central government Assets AF5 Equity and investment fund... Opening balance sheet 2024 4th quarter* 76,105
Central government Assets AF5 Equity and investment fund... Opening balance sheet 2025 1st quarter* 79,529
Central government Assets AF5 Equity and investment fund... Financial transactions 2024 4th quarter* -210
Central government Assets AF5 Equity and investment fund... Financial transactions 2025 1st quarter* -354
Central government Assets AF5 Equity and investment fund... Other changes 2024 4th quarter* 3,634
Central government Assets AF5 Equity and investment fund... Other changes 2025 1st quarter* 5,726
Central government Assets AF5 Equity and investment fund... Closing balance sheet 2024 4th quarter* 79,529
Central government Assets AF5 Equity and investment fund... Closing balance sheet 2025 1st quarter* 84,901
Central government Assets AF71 Financial derivatives Opening balance sheet 2024 4th quarter* 72
Central government Assets AF71 Financial derivatives Opening balance sheet 2025 1st quarter* 123
Central government Assets AF71 Financial derivatives Financial transactions 2024 4th quarter* 61
Central government Assets AF71 Financial derivatives Financial transactions 2025 1st quarter* 129
Central government Assets AF71 Financial derivatives Other changes 2024 4th quarter* -10
Central government Assets AF71 Financial derivatives Other changes 2025 1st quarter* -228
Central government Assets AF71 Financial derivatives Closing balance sheet 2024 4th quarter* 123
Central government Assets AF71 Financial derivatives Closing balance sheet 2025 1st quarter* 24
Central government Assets AF8 Other accounts receivable/payable Opening balance sheet 2024 4th quarter* 96,825
Central government Assets AF8 Other accounts receivable/payable Opening balance sheet 2025 1st quarter* 100,030
Central government Assets AF8 Other accounts receivable/payable Financial transactions 2024 4th quarter* 3,205
Central government Assets AF8 Other accounts receivable/payable Financial transactions 2025 1st quarter* -4,796
Central government Assets AF8 Other accounts receivable/payable Other changes 2024 4th quarter* 0
Central government Assets AF8 Other accounts receivable/payable Other changes 2025 1st quarter* 0
Central government Assets AF8 Other accounts receivable/payable Closing balance sheet 2024 4th quarter* 100,030
Central government Assets AF8 Other accounts receivable/payable Closing balance sheet 2025 1st quarter* 95,234
Central government Liabilities AF Total financial instruments Opening balance sheet 2024 4th quarter* 534,636
Central government Liabilities AF Total financial instruments Opening balance sheet 2025 1st quarter* 555,356
Central government Liabilities AF Total financial instruments Financial transactions 2024 4th quarter* 22,489
Central government Liabilities AF Total financial instruments Financial transactions 2025 1st quarter* 3,596
Central government Liabilities AF Total financial instruments Other changes 2024 4th quarter* -1,769
Central government Liabilities AF Total financial instruments Other changes 2025 1st quarter* -9,747
Central government Liabilities AF Total financial instruments Closing balance sheet 2024 4th quarter* 555,356
Central government Liabilities AF Total financial instruments Closing balance sheet 2025 1st quarter* 549,205
Central government Liabilities AF2 Currency and deposits Opening balance sheet 2024 4th quarter* 85,774
Central government Liabilities AF2 Currency and deposits Opening balance sheet 2025 1st quarter* 83,852
Central government Liabilities AF2 Currency and deposits Financial transactions 2024 4th quarter* -1,922
Central government Liabilities AF2 Currency and deposits Financial transactions 2025 1st quarter* 2,104
Central government Liabilities AF2 Currency and deposits Other changes 2024 4th quarter* 0
Central government Liabilities AF2 Currency and deposits Other changes 2025 1st quarter* 0
Central government Liabilities AF2 Currency and deposits Closing balance sheet 2024 4th quarter* 83,852
Central government Liabilities AF2 Currency and deposits Closing balance sheet 2025 1st quarter* 85,956
Central government Liabilities AF3 Debt securities Opening balance sheet 2024 4th quarter* 372,750
Central government Liabilities AF3 Debt securities Opening balance sheet 2025 1st quarter* 393,505
Central government Liabilities AF3 Debt securities Financial transactions 2024 4th quarter* 22,533
Central government Liabilities AF3 Debt securities Financial transactions 2025 1st quarter* -3,945
Central government Liabilities AF3 Debt securities Other changes 2024 4th quarter* -1,778
Central government Liabilities AF3 Debt securities Other changes 2025 1st quarter* -9,740
Central government Liabilities AF3 Debt securities Closing balance sheet 2024 4th quarter* 393,505
Central government Liabilities AF3 Debt securities Closing balance sheet 2025 1st quarter* 379,820
Central government Liabilities AF4 Loans Opening balance sheet 2024 4th quarter* 24,080
Central government Liabilities AF4 Loans Opening balance sheet 2025 1st quarter* 24,490
Central government Liabilities AF4 Loans Financial transactions 2024 4th quarter* 401
Central government Liabilities AF4 Loans Financial transactions 2025 1st quarter* -506
Central government Liabilities AF4 Loans Other changes 2024 4th quarter* 9
Central government Liabilities AF4 Loans Other changes 2025 1st quarter* -7
Central government Liabilities AF4 Loans Closing balance sheet 2024 4th quarter* 24,490
Central government Liabilities AF4 Loans Closing balance sheet 2025 1st quarter* 23,977
Central government Liabilities AF5 Equity and investment fund... Opening balance sheet 2024 4th quarter* 60
Central government Liabilities AF5 Equity and investment fund... Opening balance sheet 2025 1st quarter* 60
Central government Liabilities AF5 Equity and investment fund... Financial transactions 2024 4th quarter* 0
Central government Liabilities AF5 Equity and investment fund... Financial transactions 2025 1st quarter* 0
Central government Liabilities AF5 Equity and investment fund... Other changes 2024 4th quarter* 0
Central government Liabilities AF5 Equity and investment fund... Other changes 2025 1st quarter* 0
Central government Liabilities AF5 Equity and investment fund... Closing balance sheet 2024 4th quarter* 60
Central government Liabilities AF5 Equity and investment fund... Closing balance sheet 2025 1st quarter* 60
Central government Liabilities AF71 Financial derivatives Opening balance sheet 2024 4th quarter*
Central government Liabilities AF71 Financial derivatives Opening balance sheet 2025 1st quarter*
Central government Liabilities AF71 Financial derivatives Financial transactions 2024 4th quarter*
Central government Liabilities AF71 Financial derivatives Financial transactions 2025 1st quarter*
Central government Liabilities AF71 Financial derivatives Other changes 2024 4th quarter*
Central government Liabilities AF71 Financial derivatives Other changes 2025 1st quarter*
Central government Liabilities AF71 Financial derivatives Closing balance sheet 2024 4th quarter*
Central government Liabilities AF71 Financial derivatives Closing balance sheet 2025 1st quarter*
Central government Liabilities AF8 Other accounts receivable/payable Opening balance sheet 2024 4th quarter* 51,972
Central government Liabilities AF8 Other accounts receivable/payable Opening balance sheet 2025 1st quarter* 53,449
Central government Liabilities AF8 Other accounts receivable/payable Financial transactions 2024 4th quarter* 1,477
Central government Liabilities AF8 Other accounts receivable/payable Financial transactions 2025 1st quarter* 5,943
Central government Liabilities AF8 Other accounts receivable/payable Other changes 2024 4th quarter* 0
Central government Liabilities AF8 Other accounts receivable/payable Other changes 2025 1st quarter* 0
Central government Liabilities AF8 Other accounts receivable/payable Closing balance sheet 2024 4th quarter* 53,449
Central government Liabilities AF8 Other accounts receivable/payable Closing balance sheet 2025 1st quarter* 59,392
Source: CBS.
Explanation of symbols

Table explanation


This table contains information on the balance sheet of the general government sector. The information is limited to financial assets and liabilities. For each reporting period the opening and closing stocks, financial transactions and other changes are shown. Transactions are economic flows that are the result of agreements between units. Other changes are changes in the value of assets or liabilities that do not result from transactions such as revaluations or reclassifications.
The figures are consolidated which means that flows between units that belong to the same sector are eliminated. As a result, assets and liabilities of subsectors do not add up to total assets or liabilities of general government. For example, loans of the State provided to social security funds are part of loans of the State. However, these are not included in the consolidated assets of general government, because it is an asset of a government unit with a government unit as debtor.
Financial assets and liabilities in this table are presented at market value.
The terms and definitions used are in accordance with the framework of the Dutch national accounts. 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 1995-2023 are final. The figures for 2024 and 2025 are provisional.

Changes as of 24 June 2025:
The figures for the first quarter of 2025 are available. Figures for 2023 and 2024 have been adjusted due to updated information.
The figures for 2023 are final.
In the context of the revision policy of National accounts, the dividend tax has been adjusted as of the fourth quarter of 2006. The revised registration aligns more closely with the accrual principle of ESA 2010.

Changes as of 10 April 2025:
Due to an error made while processing the data, the initial preliminary figures for the government financial balance sheet in 2024 were calculated incorrectly. This causes a downward revision in other accounts payable.

When will new figures be published?
Provisional quarterly figures are published three months after the end of the quarter. In September the figures on the first quarter may be revised, in December the figures on the second quarter may be revised and in March the first three quarters may be 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 most actual figures. Revised yearly figures are published in June each year. Quarterly figures are aligned to the three revised years at the end of June. More information on the revision policy of Dutch national accounts and government finance statistics can be found under 'relevant articles' under paragraph 3.

Description topics

Financial transactions and balance sheet