Netherlands Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Netherlands's budget deficit was -2.11% in 2025, ranked 67th globally. This represents a 123.4% decrease from 2024. Data from IMF WEO, covering 1980–2025.
Overview
Netherlands's budget deficit stood at -2.11% in 2025, a decline of +1.17% from 2024. The IMF projects -2.11% by 2025. Netherlands ranked 67th globally.
The Netherlands’ primary budget deficit narrowed to –2.11 percent of GDP in 2025, placing it 67th in the global ranking and marginally below the –2.10 percent recorded by Seychelles and the –2.16 percent of Czechia. Over the 46‑year series from 1980, the deficit swung from a high of 1.91 percent in 2019, the only positive reading, to a low of –8.72 percent in 1995, the deepest fiscal shortfall in the sample. The 1980 figure of –4.19 percent marks the earliest entry, illustrating that the Dutch fiscal position has oscillated between modest surpluses and sizable deficits for decades. The post‑2019 reversal from a brief surplus to a modest deficit reflects tighter fiscal consolidation after pandemic‑related stimulus, while the 1990s trough coincided with a period of extensive public‑sector reforms. Continued structural reforms and disciplined expenditure management are likely to keep the deficit near the low‑single‑digit range, barring major economic shocks or policy shifts.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -2.65% | - | - |
| 2029* IMF | -2.55% | - | - |
| 2028* IMF | -2.24% | - | - |
| 2027* IMF | -2.20% | - | - |
| 2026* IMF | -2.79% | - | - |
| 2025* IMF | -2.11% | - | - |
| 2025 | -2.11% | −1.17% | #67 |
| 2024 | -0.95% | −0.57% | #139 |
| 2023 | -0.37% | −0.37% | #146 |
| 2022 | 0.00% | +2.26% | #144 |
| 2021 | -2.26% | +1.46% | #133 |
| 2020 | -3.72% | −5.63% | #138 |
| 2019 | 1.91% | +0.41% | #167 |
| 2018 | 1.50% | +0.14% | #155 |
| 2017 | 1.35% | +1.13% | #167 |
| 2016 | 0.23% | +2.06% | #155 |
| 2015 | -1.84% | +0.34% | #125 |
| 2014 | -2.17% | +0.70% | #109 |
| 2013 | -2.87% | +0.96% | #82 |
| 2012 | -3.83% | +0.59% | #59 |
| 2011 | -4.42% | +0.88% | #52 |
Detected Pattern
Analysis
Netherlands matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Netherlands's budget deficit was -2.11% in 2025. Ranked 67th globally. This represents a 123.4% decrease from the previous year.
Netherlands's budget deficit peaked at 1.91% in 2019.
The lowest budget deficit in Netherlands was -8.72% in 1995.
Netherlands ranks 67th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Netherlands's budget deficit is projected to reach -2.11% by 2025 based on IMF projection.
The budget deficit of Netherlands in 2025 was -2.11%. This ranks 67th in the world.
Cite this page
@misc{historysaid_netherlands_budget-deficit,
title = {Netherlands Budget Deficit},
url = {https://historysaid.com/netherlands/budget-deficit/},
publisher = {HistorySaid},
year = {2026}
}