Government debt; debt instruments, counterpart sector, valuation, sectors

Government debt; debt instruments, counterpart sector, valuation, sectors

Institutional sectors Debt instruments Counterpart sectors Face value and market value Periods Total government debt (million euros)
General government AF32 Long-term debt securities Total all sectors Face value 2026 1st quarter* 399,493
General government AF32 Long-term debt securities Total all sectors Market value 2026 1st quarter* 362,759
General government AF32 Long-term debt securities Total domestic sectors Face value 2026 1st quarter* 203,368
General government AF32 Long-term debt securities Total domestic sectors Market value 2026 1st quarter* 184,602
General government AF32 Long-term debt securities The non-financial corporations sector Face value 2026 1st quarter* 0
General government AF32 Long-term debt securities The non-financial corporations sector Market value 2026 1st quarter* 0
General government AF32 Long-term debt securities Monetary financial institutions Face value 2026 1st quarter* 122,572
General government AF32 Long-term debt securities Monetary financial institutions Market value 2026 1st quarter* 111,276
General government AF32 Long-term debt securities Other financial institutions Face value 2026 1st quarter* 3,461
General government AF32 Long-term debt securities Other financial institutions Market value 2026 1st quarter* 3,141
General government AF32 Long-term debt securities Insurance corporations and pension funds Face value 2026 1st quarter* 75,982
General government AF32 Long-term debt securities Insurance corporations and pension funds Market value 2026 1st quarter* 68,957
General government AF32 Long-term debt securities General government Face value 2026 1st quarter*
General government AF32 Long-term debt securities General government Market value 2026 1st quarter*
General government AF32 Long-term debt securities Households including NPISHs Face value 2026 1st quarter* 1,353
General government AF32 Long-term debt securities Households including NPISHs Market value 2026 1st quarter* 1,228
General government AF32 Long-term debt securities Rest of the world Face value 2026 1st quarter* 196,125
General government AF32 Long-term debt securities Rest of the world Market value 2026 1st quarter* 178,157
General government AF42 Long-term loans Total all sectors Face value 2026 1st quarter* 66,984
General government AF42 Long-term loans Total all sectors Market value 2026 1st quarter* 67,314
General government AF42 Long-term loans Total domestic sectors Face value 2026 1st quarter* 54,401
General government AF42 Long-term loans Total domestic sectors Market value 2026 1st quarter* 54,689
General government AF42 Long-term loans The non-financial corporations sector Face value 2026 1st quarter* 7,148
General government AF42 Long-term loans The non-financial corporations sector Market value 2026 1st quarter* 7,148
General government AF42 Long-term loans Monetary financial institutions Face value 2026 1st quarter* 46,471
General government AF42 Long-term loans Monetary financial institutions Market value 2026 1st quarter* 46,753
General government AF42 Long-term loans Other financial institutions Face value 2026 1st quarter* 208
General government AF42 Long-term loans Other financial institutions Market value 2026 1st quarter* 208
General government AF42 Long-term loans Insurance corporations and pension funds Face value 2026 1st quarter* 418
General government AF42 Long-term loans Insurance corporations and pension funds Market value 2026 1st quarter* 424
General government AF42 Long-term loans General government Face value 2026 1st quarter*
General government AF42 Long-term loans General government Market value 2026 1st quarter*
General government AF42 Long-term loans Households including NPISHs Face value 2026 1st quarter* 156
General government AF42 Long-term loans Households including NPISHs Market value 2026 1st quarter* 156
General government AF42 Long-term loans Rest of the world Face value 2026 1st quarter* 12,583
General government AF42 Long-term loans Rest of the world Market value 2026 1st quarter* 12,625
Central government AF32 Long-term debt securities Total all sectors Face value 2026 1st quarter* 396,322
Central government AF32 Long-term debt securities Total all sectors Market value 2026 1st quarter* 359,669
Central government AF32 Long-term debt securities Total domestic sectors Face value 2026 1st quarter* 200,395
Central government AF32 Long-term debt securities Total domestic sectors Market value 2026 1st quarter* 181,871
Central government AF32 Long-term debt securities The non-financial corporations sector Face value 2026 1st quarter* 0
Central government AF32 Long-term debt securities The non-financial corporations sector Market value 2026 1st quarter* 0
Central government AF32 Long-term debt securities Monetary financial institutions Face value 2026 1st quarter* 119,493
Central government AF32 Long-term debt securities Monetary financial institutions Market value 2026 1st quarter* 108,445
Central government AF32 Long-term debt securities Other financial institutions Face value 2026 1st quarter* 3,461
Central government AF32 Long-term debt securities Other financial institutions Market value 2026 1st quarter* 3,141
Central government AF32 Long-term debt securities Insurance corporations and pension funds Face value 2026 1st quarter* 75,923
Central government AF32 Long-term debt securities Insurance corporations and pension funds Market value 2026 1st quarter* 68,903
Central government AF32 Long-term debt securities General government Face value 2026 1st quarter* 165
Central government AF32 Long-term debt securities General government Market value 2026 1st quarter* 154
Central government AF32 Long-term debt securities Households including NPISHs Face value 2026 1st quarter* 1,353
Central government AF32 Long-term debt securities Households including NPISHs Market value 2026 1st quarter* 1,228
Central government AF32 Long-term debt securities Rest of the world Face value 2026 1st quarter* 195,927
Central government AF32 Long-term debt securities Rest of the world Market value 2026 1st quarter* 177,798
Central government AF42 Long-term loans Total all sectors Face value 2026 1st quarter* 21,974
Central government AF42 Long-term loans Total all sectors Market value 2026 1st quarter* 22,020
Central government AF42 Long-term loans Total domestic sectors Face value 2026 1st quarter* 9,977
Central government AF42 Long-term loans Total domestic sectors Market value 2026 1st quarter* 9,984
Central government AF42 Long-term loans The non-financial corporations sector Face value 2026 1st quarter* 7,061
Central government AF42 Long-term loans The non-financial corporations sector Market value 2026 1st quarter* 7,061
Central government AF42 Long-term loans Monetary financial institutions Face value 2026 1st quarter* 2,717
Central government AF42 Long-term loans Monetary financial institutions Market value 2026 1st quarter* 2,724
Central government AF42 Long-term loans Other financial institutions Face value 2026 1st quarter* 0
Central government AF42 Long-term loans Other financial institutions Market value 2026 1st quarter* 0
Central government AF42 Long-term loans Insurance corporations and pension funds Face value 2026 1st quarter* 16
Central government AF42 Long-term loans Insurance corporations and pension funds Market value 2026 1st quarter* 16
Central government AF42 Long-term loans General government Face value 2026 1st quarter* 40
Central government AF42 Long-term loans General government Market value 2026 1st quarter* 40
Central government AF42 Long-term loans Households including NPISHs Face value 2026 1st quarter* 143
Central government AF42 Long-term loans Households including NPISHs Market value 2026 1st quarter* 143
Central government AF42 Long-term loans Rest of the world Face value 2026 1st quarter* 11,997
Central government AF42 Long-term loans Rest of the world Market value 2026 1st quarter* 12,036
The State AF32 Long-term debt securities Total all sectors Face value 2026 1st quarter* 396,413
The State AF32 Long-term debt securities Total all sectors Market value 2026 1st quarter* 359,754
The State AF32 Long-term debt securities Total domestic sectors Face value 2026 1st quarter* 200,486
The State AF32 Long-term debt securities Total domestic sectors Market value 2026 1st quarter* 181,956
The State AF32 Long-term debt securities The non-financial corporations sector Face value 2026 1st quarter* 0
The State AF32 Long-term debt securities The non-financial corporations sector Market value 2026 1st quarter* 0
The State AF32 Long-term debt securities Monetary financial institutions Face value 2026 1st quarter* 119,493
The State AF32 Long-term debt securities Monetary financial institutions Market value 2026 1st quarter* 108,445
The State AF32 Long-term debt securities Other financial institutions Face value 2026 1st quarter* 3,461
The State AF32 Long-term debt securities Other financial institutions Market value 2026 1st quarter* 3,141
The State AF32 Long-term debt securities Insurance corporations and pension funds Face value 2026 1st quarter* 75,923
The State AF32 Long-term debt securities Insurance corporations and pension funds Market value 2026 1st quarter* 68,903
The State AF32 Long-term debt securities General government Face value 2026 1st quarter* 256
The State AF32 Long-term debt securities General government Market value 2026 1st quarter* 239
The State AF32 Long-term debt securities Households including NPISHs Face value 2026 1st quarter* 1,353
The State AF32 Long-term debt securities Households including NPISHs Market value 2026 1st quarter* 1,228
The State AF32 Long-term debt securities Rest of the world Face value 2026 1st quarter* 195,927
The State AF32 Long-term debt securities Rest of the world Market value 2026 1st quarter* 177,798
The State AF42 Long-term loans Total all sectors Face value 2026 1st quarter* 19,966
The State AF42 Long-term loans Total all sectors Market value 2026 1st quarter* 19,940
The State AF42 Long-term loans Total domestic sectors Face value 2026 1st quarter* 8,708
The State AF42 Long-term loans Total domestic sectors Market value 2026 1st quarter* 8,643
The State AF42 Long-term loans The non-financial corporations sector Face value 2026 1st quarter* 7,045
The State AF42 Long-term loans The non-financial corporations sector Market value 2026 1st quarter* 7,045
The State AF42 Long-term loans Monetary financial institutions Face value 2026 1st quarter* 9
The State AF42 Long-term loans Monetary financial institutions Market value 2026 1st quarter* 8
The State AF42 Long-term loans Other financial institutions Face value 2026 1st quarter* 0
The State AF42 Long-term loans Other financial institutions Market value 2026 1st quarter* 0
Source: CBS.
Explanation of symbols

Table explanation


This table contains information on general government debt.
Debt is broken down into debt instruments and counterpart sectors (debt holders). Government debt is presented at face value (redemption value of debt) as well as market value (value at which debt can be traded). General government debt according to the Maastricht-definitions relevant in the Stability and Growth Pact is valued at face value, whereas the market value is applied in national accounts.
Government debt denominated in euros as well as debt denominated in foreign currency are separately disclosed. Foreign currency debt is valued at prevailing currency exchange rate.
The figures are consolidated which means that flows between units that belong to the same sector of general government are eliminated. As a result, the debt of subsectors do not add up to total debt of general government. For example, debt of the State to social security funds is part of debt of the State. However, it is not included in the consolidated debt of general government, because it is debt of general government to general government.
The terms and definitions used are in accordance with the framework of the national accounts. National accounts are based on the international definitions of the European System of Accounts (ESA 2010). Small temporary differences in this table with publications of the Dutch national accounts may occur due to the fact that the Dutch 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 1995-2024 are final. The figures for 2025 and 2026 are provisional.

Changes as of 2 July 2026:
Data on the first quarter of 2026 are available. Figures for 2024 and 2025 have been adjusted due to updated information. The figures for 2021, 2022 and 2023 have been adjusted to resolve inaccuracies.

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 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 Dutch national accounts and government finance statistics can be found under 'relevant articles' under paragraph 3.

Description topics

Total government debt
The consolidated debt of the general government sector excluding other accounts payable and debt on financial derivatives. Government 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.