national debt

Wopke Hoekstra
May 16 '18 12:20

Last year the Netherlands' national debt decreased by 18 billion euros, from 434 billion euros to 416 billion euros, according to the central government's annual report that was released on Wednesday. That comes down to 56.7 percent of the Netherlands gross domestic product.

With that the Netherlands closed a year with a national debt that complies with European rules for the first time since the outbreak of the financial crisis. According to European rules, a country's national debt must remain below 60 percent of GDP.

Dec 13 '16 08:01

The Dutch economy and government finances are both in a much better state than expected a few months ago, according to Statistics Netherlands' December estimate. The Rutte II cabinet is expected to end its term without a deficit and the economy is reaching the level it was before the outbreak of the financial crisis in 2008, ANP reports..

The Statistics Netherlands accountants expect economic growth of 2.1 percent in 2017. That is the same level as this year, following a 2 percent growth last year. Three months ago 1.7 percent was expected for 2016 and 2017.

Jeroen_Dijsselbloem_2015_(1)
May 18 '16 13:45

In 2015 the Netherlands' national debt decreased for the first time since 2006. Last year the national debt was 10 billion euros lower than in 2014. And the country's budget deficit is at its lowest rate since 2009, according to the accountability documents sent to parliament on Wednesday

Nov 5 '15 13:07

The Dutch economy has entered a stable growth path that can continue in the future. After seven years the Netherlands has finally returned to the economic level before the crisis in 2008 and 2009. Though unemployment is still a concern and the gross domestic product per capita is still 2.8 percent lower than in 2008.

May 29 '14 08:11

The budget deficit and national debt have gone down once more from previous estimates, according to the Spring memorandum, the interim overview detailing the implementation of the budget from this year, Het Parool reports.

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