Holland Compared
hollandcompard_summer2015_LR
hollandcompard_summer2015_LR
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Moderate level of<br />
government debt<br />
National debt as a percentage of GDP (2013)<br />
Luxembourg<br />
23.1<br />
Sweden<br />
Denmark<br />
40.6<br />
44.5<br />
Finland<br />
57<br />
Netherlands<br />
Austria<br />
Germany<br />
73.5<br />
74.5<br />
78.4<br />
United Kingdom<br />
Euro area<br />
France<br />
90.6<br />
92.6<br />
93.5<br />
Source: Eurostat, 2014.<br />
0 10 20 30 40 50 60 70 80 90<br />
The Netherlands was able to dramatically reduce its level of government<br />
debt in the years preceding the global economic crisis thanks to a stable<br />
economy and a reasonably stringent fiscal policy. In 2008, there was even a<br />
budget surplus for the third consecutive year. In 2014, Dutch government<br />
debt as a percentage of GDP was higher than the EMU standard of 60%<br />
(69.0%), but it was still well below the average for the Euro zone (90.9%).<br />
According to the CPB – Netherlands Bureau for Economic Policy Analysis –<br />
the budget deficit will amount to 1.8% of GDP in 2015 and 1.2% in 2016. The<br />
government debt will amount to 68.8% of GDP in 2015 (EMU-definition)<br />
and 67.8% in 2016 (CPB, March 2015).<br />
90 Government
Change language