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Netherlands Debt to GDP Ratio

The Netherlands' government debt-to-GDP ratio fell to 43.7% in 2024, down from 45.8% in 2023. This is the lowest level since 2007, driven by GDP growth outpacing debt growth, aided by previous high inflation boosting the GDP denominator and increased tax revenues. The Dutch economy's resilience, strong consumer confidence and favorable financial conditions support this trend. The Netherlands' record low government debt to gdp was 43% in 2007 and record high was 73.1% in 1995.

Yearly Historical Data (1995-2024)

(in %)
Year Debt to GDP Ratio
2024 43.7%
2023 45.8%
2022 48.4%
2021 50.5%
2020 53.4%
2019 47.7%
2018 51.6%
2017 56%
2016 60.9%
2015 63.8%
2014 67.9%
2013 67.7%
2012 66.2%
2011 61.7%
2010 59.3%
2009 56.8%
2008 54.7%
2007 43%
2006 45.2%
2005 49.8%
2004 50.3%
2003 50%
2002 48.9%
2001 49.5%
2000 52.2%
1999 58.7%
1998 62.8%
1997 65.8%
1996 71.4%
1995 73.1%
Netherlands Debt to GDP Ratio : Definition
Netherlands government debt to GDP shows the total government debt as a percentage of the country's gross domestic product. It is calculated by dividing total government debt by GDP then multiplying by 100. Higher ratios indicate a larger debt burden relative to economic output.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio 9.1% 9.4% Dec'24
Private Credit (% GDP) 81.49% 84.08% 2024