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 2025* 523,541
General government Government debt (EMU) Total all sectors Market value 2025* 492,457
General government Government debt (EMU) Total domestic sectors Face value 2025* 265,787
General government Government debt (EMU) Total domestic sectors Market value 2025* 250,047
General government Government debt (EMU) The non-financial corporations sector Face value 2025* 7,356
General government Government debt (EMU) The non-financial corporations sector Market value 2025* 7,356
General government Government debt (EMU) Monetary financial institutions Face value 2025* 174,796
General government Government debt (EMU) Monetary financial institutions Market value 2025* 165,146
General government Government debt (EMU) Other financial institutions Face value 2025* 5,515
General government Government debt (EMU) Other financial institutions Market value 2025* 5,243
General government Government debt (EMU) Insurance corporations and pension funds Face value 2025* 76,383
General government Government debt (EMU) Insurance corporations and pension funds Market value 2025* 70,670
General government Government debt (EMU) General government Face value 2025*
General government Government debt (EMU) General government Market value 2025*
General government Government debt (EMU) Households including NPISHs Face value 2025* 1,737
General government Government debt (EMU) Households including NPISHs Market value 2025* 1,632
General government Government debt (EMU) Rest of the world Face value 2025* 257,754
General government Government debt (EMU) Rest of the world Market value 2025* 242,410
General government AF22 Transferable deposits Total all sectors Face value 2025* 1,572
General government AF22 Transferable deposits Total all sectors Market value 2025* 1,572
General government AF22 Transferable deposits Total domestic sectors Face value 2025* 229
General government AF22 Transferable deposits Total domestic sectors Market value 2025* 229
General government AF22 Transferable deposits The non-financial corporations sector Face value 2025* 140
General government AF22 Transferable deposits The non-financial corporations sector Market value 2025* 140
General government AF22 Transferable deposits Monetary financial institutions Face value 2025* 0
General government AF22 Transferable deposits Monetary financial institutions Market value 2025* 0
General government AF22 Transferable deposits Other financial institutions Face value 2025* 69
General government AF22 Transferable deposits Other financial institutions Market value 2025* 69
General government AF22 Transferable deposits Insurance corporations and pension funds Face value 2025* 0
General government AF22 Transferable deposits Insurance corporations and pension funds Market value 2025* 0
General government AF22 Transferable deposits General government Face value 2025*
General government AF22 Transferable deposits General government Market value 2025*
General government AF22 Transferable deposits Households including NPISHs Face value 2025* 20
General government AF22 Transferable deposits Households including NPISHs Market value 2025* 20
General government AF22 Transferable deposits Rest of the world Face value 2025* 1,343
General government AF22 Transferable deposits Rest of the world Market value 2025* 1,343
General government AF29 Other deposits Total all sectors Face value 2025* 583
General government AF29 Other deposits Total all sectors Market value 2025* 583
General government AF29 Other deposits Total domestic sectors Face value 2025* 583
General government AF29 Other deposits Total domestic sectors Market value 2025* 583
General government AF29 Other deposits The non-financial corporations sector Face value 2025* 0
General government AF29 Other deposits The non-financial corporations sector Market value 2025* 0
General government AF29 Other deposits Monetary financial institutions Face value 2025* 582
General government AF29 Other deposits Monetary financial institutions Market value 2025* 582
General government AF29 Other deposits Other financial institutions Face value 2025* 1
General government AF29 Other deposits Other financial institutions Market value 2025* 1
General government AF29 Other deposits Insurance corporations and pension funds Face value 2025* 0
General government AF29 Other deposits Insurance corporations and pension funds Market value 2025* 0
General government AF29 Other deposits General government Face value 2025*
General government AF29 Other deposits General government Market value 2025*
General government AF29 Other deposits Households including NPISHs Face value 2025* 0
General government AF29 Other deposits Households including NPISHs Market value 2025* 0
General government AF29 Other deposits Rest of the world Face value 2025* 0
General government AF29 Other deposits Rest of the world Market value 2025* 0
General government AF31 Short-term debt securities Total all sectors Face value 2025* 44,771
General government AF31 Short-term debt securities Total all sectors Market value 2025* 44,776
General government AF31 Short-term debt securities Total domestic sectors Face value 2025* 4,370
General government AF31 Short-term debt securities Total domestic sectors Market value 2025* 4,369
General government AF31 Short-term debt securities The non-financial corporations sector Face value 2025* 0
General government AF31 Short-term debt securities The non-financial corporations sector Market value 2025* 0
General government AF31 Short-term debt securities Monetary financial institutions Face value 2025* 269
General government AF31 Short-term debt securities Monetary financial institutions Market value 2025* 268
General government AF31 Short-term debt securities Other financial institutions Face value 2025* 1,414
General government AF31 Short-term debt securities Other financial institutions Market value 2025* 1,414
General government AF31 Short-term debt securities Insurance corporations and pension funds Face value 2025* 2,431
General government AF31 Short-term debt securities Insurance corporations and pension funds Market value 2025* 2,431
General government AF31 Short-term debt securities General government Face value 2025*
General government AF31 Short-term debt securities General government Market value 2025*
General government AF31 Short-term debt securities Households including NPISHs Face value 2025* 256
General government AF31 Short-term debt securities Households including NPISHs Market value 2025* 256
General government AF31 Short-term debt securities Rest of the world Face value 2025* 40,401
General government AF31 Short-term debt securities Rest of the world Market value 2025* 40,407
General government AF32 Long-term debt securities Total all sectors Face value 2025* 394,681
General government AF32 Long-term debt securities Total all sectors Market value 2025* 363,198
General government AF32 Long-term debt securities Total domestic sectors Face value 2025* 201,959
General government AF32 Long-term debt securities Total domestic sectors Market value 2025* 185,871
General government AF32 Long-term debt securities The non-financial corporations sector Face value 2025* 0
General government AF32 Long-term debt securities The non-financial corporations sector Market value 2025* 0
General government AF32 Long-term debt securities Monetary financial institutions Face value 2025* 125,433
General government AF32 Long-term debt securities Monetary financial institutions Market value 2025* 115,447
General government AF32 Long-term debt securities Other financial institutions Face value 2025* 3,459
General government AF32 Long-term debt securities Other financial institutions Market value 2025* 3,183
General government AF32 Long-term debt securities Insurance corporations and pension funds Face value 2025* 71,751
General government AF32 Long-term debt securities Insurance corporations and pension funds Market value 2025* 66,030
General government AF32 Long-term debt securities General government Face value 2025*
General government AF32 Long-term debt securities General government Market value 2025*
General government AF32 Long-term debt securities Households including NPISHs Face value 2025* 1,316
General government AF32 Long-term debt securities Households including NPISHs Market value 2025* 1,211
General government AF32 Long-term debt securities Rest of the world Face value 2025* 192,722
General government AF32 Long-term debt securities Rest of the world Market value 2025* 177,327
General government AF41 Short-term loans Total all sectors Face value 2025* 14,596
General government AF41 Short-term loans Total all sectors Market value 2025* 14,622
General government AF41 Short-term loans Total domestic sectors Face value 2025* 4,024
General government AF41 Short-term loans Total domestic sectors Market value 2025* 4,042
General government AF41 Short-term loans The non-financial corporations sector Face value 2025* 15
General government AF41 Short-term loans The non-financial corporations sector Market value 2025* 15
General government AF41 Short-term loans Monetary financial institutions Face value 2025* 1,843
General government AF41 Short-term loans Monetary financial institutions Market value 2025* 1,855
General government AF41 Short-term loans Other financial institutions Face value 2025* 360
General government AF41 Short-term loans Other financial institutions Market value 2025* 364
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 1995-2023 are final. The figures for 2024 and 2025 are provisional.

Changes as of 26 March 2026:
Data on the fourth quarter of 2025 and annual data on 2025 are available. The figures for the first three quarters of 2025 have been revised.

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.