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 Government debt (EMU) Total all sectors Face value 2022 3rd quarter* 450,573
General government Government debt (EMU) Total all sectors Market value 2022 3rd quarter* 435,457
General government Government debt (EMU) Total domestic sectors Face value 2022 3rd quarter* 281,968
General government Government debt (EMU) Total domestic sectors Market value 2022 3rd quarter* 272,509
General government Government debt (EMU) The non-financial corporations sector Face value 2022 3rd quarter* 9,156
General government Government debt (EMU) The non-financial corporations sector Market value 2022 3rd quarter* 9,109
General government Government debt (EMU) Monetary financial institutions Face value 2022 3rd quarter* 197,836
General government Government debt (EMU) Monetary financial institutions Market value 2022 3rd quarter* 191,514
General government Government debt (EMU) Other financial institutions Face value 2022 3rd quarter* 5,241
General government Government debt (EMU) Other financial institutions Market value 2022 3rd quarter* 5,052
General government Government debt (EMU) Insurance corporations and pension funds Face value 2022 3rd quarter* 68,829
General government Government debt (EMU) Insurance corporations and pension funds Market value 2022 3rd quarter* 65,958
General government Government debt (EMU) General government Face value 2022 3rd quarter*
General government Government debt (EMU) General government Market value 2022 3rd quarter*
General government Government debt (EMU) Households including NPISHs Face value 2022 3rd quarter* 909
General government Government debt (EMU) Households including NPISHs Market value 2022 3rd quarter* 876
General government Government debt (EMU) Rest of the world Face value 2022 3rd quarter* 168,605
General government Government debt (EMU) Rest of the world Market value 2022 3rd quarter* 162,948
General government AF22 Transferable deposits Total all sectors Face value 2022 3rd quarter* 2,712
General government AF22 Transferable deposits Total all sectors Market value 2022 3rd quarter* 2,712
General government AF22 Transferable deposits Total domestic sectors Face value 2022 3rd quarter* 705
General government AF22 Transferable deposits Total domestic sectors Market value 2022 3rd quarter* 705
General government AF22 Transferable deposits The non-financial corporations sector Face value 2022 3rd quarter* 419
General government AF22 Transferable deposits The non-financial corporations sector Market value 2022 3rd quarter* 419
General government AF22 Transferable deposits Monetary financial institutions Face value 2022 3rd quarter* 0
General government AF22 Transferable deposits Monetary financial institutions Market value 2022 3rd quarter* 0
General government AF22 Transferable deposits Other financial institutions Face value 2022 3rd quarter* 151
General government AF22 Transferable deposits Other financial institutions Market value 2022 3rd quarter* 151
General government AF22 Transferable deposits Insurance corporations and pension funds Face value 2022 3rd quarter* 83
General government AF22 Transferable deposits Insurance corporations and pension funds Market value 2022 3rd quarter* 83
General government AF22 Transferable deposits General government Face value 2022 3rd quarter*
General government AF22 Transferable deposits General government Market value 2022 3rd quarter*
General government AF22 Transferable deposits Households including NPISHs Face value 2022 3rd quarter* 52
General government AF22 Transferable deposits Households including NPISHs Market value 2022 3rd quarter* 52
General government AF22 Transferable deposits Rest of the world Face value 2022 3rd quarter* 2,007
General government AF22 Transferable deposits Rest of the world Market value 2022 3rd quarter* 2,007
General government AF29 Other deposits Total all sectors Face value 2022 3rd quarter* 548
General government AF29 Other deposits Total all sectors Market value 2022 3rd quarter* 548
General government AF29 Other deposits Total domestic sectors Face value 2022 3rd quarter* 548
General government AF29 Other deposits Total domestic sectors Market value 2022 3rd quarter* 548
General government AF29 Other deposits The non-financial corporations sector Face value 2022 3rd quarter* 0
General government AF29 Other deposits The non-financial corporations sector Market value 2022 3rd quarter* 0
General government AF29 Other deposits Monetary financial institutions Face value 2022 3rd quarter* 548
General government AF29 Other deposits Monetary financial institutions Market value 2022 3rd quarter* 548
General government AF29 Other deposits Other financial institutions Face value 2022 3rd quarter* 0
General government AF29 Other deposits Other financial institutions Market value 2022 3rd quarter* 0
General government AF29 Other deposits Insurance corporations and pension funds Face value 2022 3rd quarter* 0
General government AF29 Other deposits Insurance corporations and pension funds Market value 2022 3rd quarter* 0
General government AF29 Other deposits General government Face value 2022 3rd quarter*
General government AF29 Other deposits General government Market value 2022 3rd quarter*
General government AF29 Other deposits Households including NPISHs Face value 2022 3rd quarter* 0
General government AF29 Other deposits Households including NPISHs Market value 2022 3rd quarter* 0
General government AF29 Other deposits Rest of the world Face value 2022 3rd quarter* 0
General government AF29 Other deposits Rest of the world Market value 2022 3rd quarter* 0
General government AF31 Short-term debt securities Total all sectors Face value 2022 3rd quarter* 22,614
General government AF31 Short-term debt securities Total all sectors Market value 2022 3rd quarter* 22,602
General government AF31 Short-term debt securities Total domestic sectors Face value 2022 3rd quarter* 8,349
General government AF31 Short-term debt securities Total domestic sectors Market value 2022 3rd quarter* 8,345
General government AF31 Short-term debt securities The non-financial corporations sector Face value 2022 3rd quarter* 0
General government AF31 Short-term debt securities The non-financial corporations sector Market value 2022 3rd quarter* 0
General government AF31 Short-term debt securities Monetary financial institutions Face value 2022 3rd quarter* 4,669
General government AF31 Short-term debt securities Monetary financial institutions Market value 2022 3rd quarter* 4,665
General government AF31 Short-term debt securities Other financial institutions Face value 2022 3rd quarter* 263
General government AF31 Short-term debt securities Other financial institutions Market value 2022 3rd quarter* 262
General government AF31 Short-term debt securities Insurance corporations and pension funds Face value 2022 3rd quarter* 3,392
General government AF31 Short-term debt securities Insurance corporations and pension funds Market value 2022 3rd quarter* 3,393
General government AF31 Short-term debt securities General government Face value 2022 3rd quarter*
General government AF31 Short-term debt securities General government Market value 2022 3rd quarter*
General government AF31 Short-term debt securities Households including NPISHs Face value 2022 3rd quarter* 25
General government AF31 Short-term debt securities Households including NPISHs Market value 2022 3rd quarter* 25
General government AF31 Short-term debt securities Rest of the world Face value 2022 3rd quarter* 14,265
General government AF31 Short-term debt securities Rest of the world Market value 2022 3rd quarter* 14,257
General government AF32 Long-term debt securities Total all sectors Face value 2022 3rd quarter* 352,895
General government AF32 Long-term debt securities Total all sectors Market value 2022 3rd quarter* 336,440
General government AF32 Long-term debt securities Total domestic sectors Face value 2022 3rd quarter* 213,256
General government AF32 Long-term debt securities Total domestic sectors Market value 2022 3rd quarter* 203,394
General government AF32 Long-term debt securities The non-financial corporations sector Face value 2022 3rd quarter* 1,022
General government AF32 Long-term debt securities The non-financial corporations sector Market value 2022 3rd quarter* 975
General government AF32 Long-term debt securities Monetary financial institutions Face value 2022 3rd quarter* 143,945
General government AF32 Long-term debt securities Monetary financial institutions Market value 2022 3rd quarter* 137,215
General government AF32 Long-term debt securities Other financial institutions Face value 2022 3rd quarter* 4,327
General government AF32 Long-term debt securities Other financial institutions Market value 2022 3rd quarter* 4,139
General government AF32 Long-term debt securities Insurance corporations and pension funds Face value 2022 3rd quarter* 63,245
General government AF32 Long-term debt securities Insurance corporations and pension funds Market value 2022 3rd quarter* 60,378
General government AF32 Long-term debt securities General government Face value 2022 3rd quarter*
General government AF32 Long-term debt securities General government Market value 2022 3rd quarter*
General government AF32 Long-term debt securities Households including NPISHs Face value 2022 3rd quarter* 720
General government AF32 Long-term debt securities Households including NPISHs Market value 2022 3rd quarter* 687
General government AF32 Long-term debt securities Rest of the world Face value 2022 3rd quarter* 139,639
General government AF32 Long-term debt securities Rest of the world Market value 2022 3rd quarter* 133,046
General government AF41 Short-term loans Total all sectors Face value 2022 3rd quarter* 5,133
General government AF41 Short-term loans Total all sectors Market value 2022 3rd quarter* 5,162
General government AF41 Short-term loans Total domestic sectors Face value 2022 3rd quarter* 4,261
General government AF41 Short-term loans Total domestic sectors Market value 2022 3rd quarter* 4,291
General government AF41 Short-term loans The non-financial corporations sector Face value 2022 3rd quarter* 380
General government AF41 Short-term loans The non-financial corporations sector Market value 2022 3rd quarter* 380
General government AF41 Short-term loans Monetary financial institutions Face value 2022 3rd quarter* 2,290
General government AF41 Short-term loans Monetary financial institutions Market value 2022 3rd quarter* 2,320
General government AF41 Short-term loans Other financial institutions Face value 2022 3rd quarter* 164
General government AF41 Short-term loans Other financial institutions Market value 2022 3rd quarter* 164
Source: CBS.
Explanation of symbols

Table description


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 1995-2020 are final. The figures for 2021 and 2022 are provisional.

Changes as of 27 January 2023:
An error has been corrected in the figures for the third quarter of 2022. The long-term debt securities and the long-term loans of local government at face value have been adjusted.

Changes as of 23 December 2022:
Figures for the third quarter of 2022 are available.
The figures for the second quarter of 2022 have been adjusted.

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.